Solana meme coin Moo Deng (MOODENG) worth witnessed a outstanding 20% uptick in worth on Friday, sparking market optimism in opposition to the backdrop of a serious itemizing for the crypto. Notably, main Asian crypto change OKX introduced that it’s including the meme coin to its stockpile of commerce choices, producing investor curiosity globally. Crypto market fanatics speculate whether or not the itemizing may assist the token maintain a rally amid a bullish market, particularly throughout the meme coin sector.
OKX Unveils Listing For Moo Deng Sparking Investor Frenzy
In an official announcement by the Asian crypto change on November 15, it was dropped at consideration that MOODENG/USDT spot buying and selling on the platform is to start beginning at 12:00 PM (UTC) in the present day. The platform’s colossal consumer base stays poised to take pleasure in Moo Deng buying and selling, paving the trail for additional cash influx into the token.
In flip, the crypto at the moment surfs bullish tides throughout the market amid a meme coin frenzy. It’s noteworthy that this 12 months’s This fall sees a remarkably bullish meme coin market, with tokens similar to Dogecoin and Shiba Inu witnessing weekly features price over 90% and 25%, respectively.
However, MOODENG worth rally seems to have stolen the highlight amid backing from main crypto exchanges regardless of different tokens mirroring notable features. CoinGape Media just lately reported that Binance launched Moo Deng futures listing with as much as 75x leverage, igniting a worth surge of 90% within the meme coin. Overall, market watchers proceed to gauge the coin’s worth actions as OKX’s assist may additional bolster the worth.
MOODENG Price Soars 26%, Will Rally Sustain?
At press time, MOODENG worth shot up 26% intraday and is now buying and selling at $0.573. The coin’s 24-hour high and low have been $0.3979 and $0.5788, respectively. Concerningly, the token’s buying and selling quantity didn’t surge because the buying and selling on the change is to go stay later in the present day. Nevertheless, market watchers stay optimistic on future actions amid a bull run already taken by the token.
The Solana meme coin‘s weekly gain totaled 103%, whereas the monthly chart indicated a 538% upsurge. This rising trajectory has underscored the token’s potential to supply traders outstanding features forward.
Meanwhile, Coinglass data confirmed that the coin’s futures OI soared 26% to $293.14 million. Also, the derivatives quantity jumped 10% to $2.60 billion. Overall, the present market stats underscore a heightened market curiosity within the asset, paving a bullish path for future actions.
Coingape Staff
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