MOODENG Price Prediction: 24-hour plunge of 18%, Hippo Meme coin caught in a selling wave, key rebound bets on exchange listing

Affected by the general decline in the Meme coin market, the crypto asset MOODENG, inspired by Thai internet celebrity MOODENG, has fallen nearly 18% in the past 24 hours, now reported at $0.18, hitting the lowest point of the day. Its market capitalization has simultaneously shrunk by 16% to 190 million USD, and the volume has decreased by 9.4%. Although it is still down 71% from the historical high of $0.68, it is significantly higher than the initial price of $0.015. Analysis indicates that the 645% big pump triggered by the May CEX Alpha listing attracted a large number of short-term traders to take profits, combined with the market's waning enthusiasm, leading to the token's continuous downward movement. Whether it can return to the key resistance level of $0.25-$0.27 may depend on favorable information such as listings on new exchanges.

MOODENG price fluctuation: 24-hour big dump of 18%, market capitalization evaporated by over 16%

Moo Deng (MOODENG) failed to go against the trend, instead stirring up huge waves in the sluggish altcoin market - the price has plummeted nearly 18% in the past 24 hours. According to Gate data, the token is currently quoted at $0.18, at its intraday low, with a 24-hour decline of 15.78%. Its value has shrunk by 13.53% in the past week, despite a brief rise earlier this month.

Historical peaks are out of reach, short-term traders accelerate exit

The current price of MOODENG is still 71% lower than its historical high of $0.68, but there is still a significant rise compared to the initial low of $0.015. The price drop has caused its market capitalization to collapse simultaneously, and as of July 24, the market capitalization of MOODENG has decreased by 16% to $190 million. Market activity has sharply declined, with its 24-hour volume falling by 9.4% compared to the previous day, reflecting an intensifying liquidity crisis for this Meme coin.

Is the rebound prospect bleak? Exchange listing becomes the key variable

In May, MOODENG experienced a "rocket market" after being listed on the CEX Alpha, with its price soaring from $0.04 to $0.32, a rise of 645%, attracting a large number of short-term speculators. However, after the frenzy subsided, profit-taking led to continued selling pressure, causing its price to fall downward. Like most meme coins, MOODENG is highly dependent on market sentiment and topic popularity, both of which have significantly weakened at present.

Analysts believe that it will be extremely difficult for the Token to return to the key resistance zone of $0.25-$0.27 in the short term. If there is significant Favourable Information in the future, such as listing on a new top-tier exchange, it could replicate the big pump driven by Alpha's listing in May, creating short-term opportunities for meme coin investors.

Behind the Scenes Star: Thai Internet Celebrity Little Hippo Ignites Offline Economy

MOODENG is inspired by the pygmy hippo "Moo Deng" from the Khao Kheow Open Zoo in Thailand. This little hippo became an internet sensation at two months old due to its pink cheeks, moist skin, and playful demeanor, amassing millions of views on platforms like TikTok and becoming a phenomenon meme material.

The popularity of Moo Deng has directly driven an increase in visitor traffic to the zoo, with the average daily visitor count doubling from 3,000 to over 6,000. The zoo director, Narongwit Chodchoy, estimates that by the end of 2025, the revenue related to Moo Deng is expected to exceed 6.13 million USD. On July 10th of this month, Moo Deng just celebrated its first birthday, and the zoo held a four-day celebration for this occasion, featuring a specially made 20-kilogram fruit and vegetable cake that attracted thousands of visitors, confirming the potential empowering effect of real-world IP on crypto assets.

Conclusion: The big dump of MOODENG once again highlights the high volatility and fragility of Meme coins. After the short-term hot money retreats, tokens lacking practical support can easily fall into a downward movement dilemma. Although relying on the unique IP of the internet celebrity hippo gives it a certain topic resilience, whether the token can reverse the decline still requires substantial favourable information (such as the launch of new exchanges) or a new round of market frenzy to drive it. Investors should be wary of the seasonal market risks of Meme coins and closely monitor exchange dynamics and large on-chain unusual movement signals.