Viral Baby Hippo Moo Deng Steals Spotlight From Dogecoin, Shiba Inu: This Trader Made $392,000 With Over 1,000X Meme Coin Return

A skilled cryptocurrency trader has reportedly made a substantial profit of $392,200 by investing early in MOODENG (CRYPTO: MOODENG), a meme coin inspired by Moo Deng, the adorable baby hippo that has recently taken social media by storm.

What Happened: According to data from Lookonchain, the trader entered the MOODENG market when its capitalization was a mere $70,000.

The investment has since skyrocketed as the token’s market cap surged to $244.3 million, according to data from Dexscreener at the time of writing.

MOODENG, a Solana (CRYPTO: SOL)-based token, has experienced a meteoric rise, …

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