Coinbase recently listed MOODENG, triggering a sharp rise in the token’s price. Among those capitalizing on this momentum was the wallet address Btzsim…Kq6wU, which aggressively entered the market by purchasing 3,610 SOL worth of MOODENG.
The transaction, amounting to approximately $824,000, secured 1.508 million MOODENG tokens at an average price of $0.5466 per token. So far, the bold move has paid off, netting the investor a profit of $26,000.
Coinbase 上线 $MOODENG 使得币价短时翻倍！地址 Btzsim…Kq6wU 带着 3610 枚 $SOL 勇敢追高了一波🏃
过去 25 分钟，该地址花费 3610 SOL（约 82.4 万美金）以均价 $0.5466 买入了 150.8 万枚 MOODENG，目前他已浮盈 2.6 万美金
钱包地址 https://t.co/aGbZsusV8b https://t.co/cLoRdzYqK5 pic.twitter.com/rV2WJuCuOi
— Ai 姨 (@ai_9684xtpa) December 2, 2024
The excitement surrounding MOODENG’s debut on Coinbase has also led to shifts in asset rankings. Wintermute, a prominent trading entity, has significantly increased its MOODENG holdings.
The token now ranks as Wintermute’s largest memecoin asset, overtaking $GOAT. Their total holdings in MOODENG are valued at an impressive $35.39 million.
MOODENG Token Price Market Volatility
MOODENG’s market performance has been volatile. After peaking at $0.6877, the price has settled at $0.6128, bringing the token’s market capitalization to approximately $604 million.
热知识：MOODENG 官宣上线 Coinbase 后，Wintermute 持仓已超越 $GOAT 成为 TOP1 Memecoin 资产，目前持有 3539 万美金的代币💡
MOODENG 最高涨至 $0.6877，现已回落至 $0.6128，市值 6.04 亿美金
钱包地址 https://t.co/WFUTHFyq0N https://t.co/cQWO0BDsOs pic.twitter.com/tAodvEtIjJ
— Ai 姨 (@ai_9684xtpa) December 3, 2024
The rapid rise and subsequent dip reflect both the enthusiasm and caution in the market as investors assess the token’s long-term potential. Coinbase’s listing has undoubtedly bolstered MOODENG’s visibility, attracting both retail and institutional interest. However, as with any memecoin, significant price fluctuations remain a possibility.
The coming days will be crucial in determining whether MOODENG sustains its momentum or sees further corrections. For now, its dramatic entry has solidified its place in the competitive memecoin landscape.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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