{"id":811027,"date":"2024-12-08T10:49:50","date_gmt":"2024-12-08T16:49:50","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2024\/12\/08\/moo-deng-popcat-and-neiro-soar-as-meme-coin-market-cap-hits-55-billion\/"},"modified":"2024-12-08T10:49:50","modified_gmt":"2024-12-08T16:49:50","slug":"moo-deng-popcat-and-neiro-soar-as-meme-coin-market-cap-hits-55-billion","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2024\/12\/08\/moo-deng-popcat-and-neiro-soar-as-meme-coin-market-cap-hits-55-billion\/","title":{"rendered":"Moo Deng, Popcat, and Neiro soar as meme coin market cap hits $55 billion"},"content":{"rendered":"<p>Bitcoins <\/p>\n<div data-id=\"150039\" data-url=\"https:\/\/cryptobriefing.com\/memecoin-market-surge-analysis\/\">\n<section>\n<div>\n<p><a href=\"https:\/\/cryptobriefing.com\/memecoins\/\" rel=\"tag\"><br \/>\n                    Meme Coins                <\/a>\n                    <\/p>\n<\/div>\n<p><span><span><a href=\"https:\/\/cryptobriefing.com\/\">Home<\/a><\/span> \u00bb <span><a href=\"https:\/\/cryptobriefing.com\/memecoins\/\">Meme Coins<\/a><\/span> \u00bb <span aria-current=\"page\">Moo Deng, Popcat, and Neiro soar as meme coin market cap hits $55 billion<\/span><\/span>        <\/p>\n<div>\n<div>\n<p><span>by<\/span><\/p>\n<div>\n<p><a data-author_id=\"38186\" href=\"https:\/\/cryptobriefing.com\/team\/estefano-gomez\/\" rel=\"author\">Estefano Gomez<\/a><\/p>\n<\/div><\/div>\n<p><time datetime=\"2024-10-07T18:21:38+00:00\"><br \/>\n                        Oct. 7, 2024                    <\/time>\n                            <\/p>\n<\/p><\/div>\n<\/section>\n<section>\n<h2>Bitcoins Bitcoin has stabilized with a 2% gain, trading at $63,800 after dipping earlier this month. Although Bitcoin has bounced back, meme coins have stolen the spotlight.<\/h2>\n<\/section>\n<section>\n            <picture><source media=\"(min-width: 850px)\" ><img decoding=\"async\" src=\"http:\/\/cryptobriefing.com\/Group-105.png\" alt=\"bitcoins Moo Deng, Popcat, and Neiro soar as meme coin market cap hits $55 billion\" title=\"bitcoins http:\/\/cryptobriefing.com\/Group-105.png\">\n            <\/picture>\n        <\/section>\n<section>\n<section>\n<h3>Key Takeaways<\/h3>\n<ul>\n<li>Moodeng&#8217;s market value increased by 480% following social media support from Vitalik Buterin. <\/li>\n<li>Meme coins dominate as Popcat and Moodeng push market cap toward $55 billion.<\/li>\n<\/ul>\n<\/section>\n<section>\n<p>Share this article<\/p>\n<\/section>\n<p>        <?xml encoding=\"UTF-8\"><\/p>\n<p>The meme coin market cap has surged to nearly $55 billion, driven by the explosive growth of tokens like Moo Deng, Popcat, Neiro, and Mog Coin. As traders flock to these meme coins, they have emerged as clear winners amid Bitcoin\u2019s recent stability.<\/p>\n<p>Despite these gains, the crypto market remains on edge, with many traders adjusting their positions. According to <a href=\"https:\/\/www.coinglass.com\/LiquidationData\" target=\"_blank\" rel=\"noopener nofollow noreferrer\"><u>CoinGlass<\/u><\/a>, over $200 million in liquidations occurred over the past 24 hours, with 60% of those being short positions. Yet, Bitcoin\u2019s ability to find support at critical levels has provided a foundation for meme coins to explode in value.<\/p>\n<p>While Bitcoin has traded relatively sideways, moving cautiously upwards, meme coins have been dominating the market. Coins like Popcat, Moodeng, Neiro, and Mog Coin have surged.<\/p>\n<p>Popcat, a Solana-based token, has seen a 40% rise in a week, fueled by technical buying and a breakout from an ascending triangle pattern. Its market cap now stands at $1.4 billion, with traders eyeing the potential for further gains.<\/p>\n<p>Moo Deng, inspired by the Thai zoo hippo, saw a 480% increase in 24 hours following a social <a href=\"https:\/\/x.com\/VitalikButerin\/status\/1843260976206082216\" target=\"_blank\" rel=\"noopener nofollow noreferrer\"><u>media mention<\/u><\/a> from Ethereum co-founder Vitalik Buterin. Buterin sold 10 billion MOODENG tokens for 308.69 ETH (worth $762,000), donating the proceeds to charity.<\/p>\n<p>His comment on meme coins being \u201cmaximally positive-sum for the world\u201d has only increased the hype surrounding these tokens. Additionally, Neiro and Mog Coin have gained significant traction, with Mog surging by 18% and Neiro by 50% in the last 24 hours.<\/p>\n<p><html><body><\/p>\n<div class=\"ad-banner mrec-in-article\"><\/div>\n<p><\/body><\/html><\/p>\n<p>Crypto trader Daan Crypto Trades <a href=\"https:\/\/twitter.com\/DaanCrypto\/status\/1843328180943266180\" target=\"_blank\" rel=\"noopener nofollow noreferrer\"><u>highlighted<\/u><\/a> the shift in sentiment around meme coins, stating,<\/p>\n<blockquote>\n<p>\u201cIn 2017, mentioning any meme coin besides $DOGE was frowned upon. Now, most people prefer memes over \u2018normal\u2019 coins.\u201d<\/p>\n<\/blockquote>\n<p>Bitcoin\u2019s recent stability, aided by expectations of potential Federal Reserve rate cuts, has provided meme coins the opportunity to surge. Traders are increasingly seeking high-risk, high-reward opportunities in speculative assets. While US Treasury yields climbed above 4% and global crypto investment products saw a net outflow of $147 million last week, meme coins are thriving.<\/p>\n<section class=\"article-share\">\n<p>Share this article<\/p>\n<div class=\"social-icons\">\n          <button class=\"social-icon share\" data-href=\"https:\/\/x.com\/intent\/tweet?text=Moo+Deng%2C+Popcat%2C+and+Neiro+soar+as+meme+coin+market+cap+hits+%2455+billion&#038;url=https%3A%2F%2Fcryptobriefing.com%2Fmemecoin-market-surge-analysis%2F&#038;via=crypto_briefing\" aria-label=\"Share on x\"><br \/>\n        <?xml version=\"1.0\" encoding=\"UTF-8\"?><br \/>\n                <svg width=\"40px\" height=\"40px\" viewBox=\"0 0 40 40\" version=\"1.1\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\">\n                <g id=\"surface1\">\n                <path style=\" stroke:none;fill-rule:nonzero;fill:rgb(0%,0%,0%);fill-opacity:1;\" d=\"M 17.867188 0.148438 C 10.839844 0.878906 4.558594 5.507812 1.707031 12.054688 C -0.132812 16.28125 -0.441406 21.148438 0.867188 25.625 C 2.480469 31.214844 6.652344 35.933594 12.054688 38.292969 C 16.28125 40.132812 21.148438 40.4375 25.628906 39.132812 C 32.332031 37.199219 37.613281 31.695312 39.347656 24.851562 C 42.054688 14.132812 35.414062 3.171875 24.667969 0.613281 C 22.304688 0.0546875 20.226562 -0.09375 17.867188 0.148438 Z M 18.132812 12.535156 C 19.839844 14.800781 21.28125 16.667969 21.332031 16.667969 C 21.386719 16.667969 23.160156 14.800781 25.253906 12.535156 L 29.078125 8.398438 L 31.253906 8.398438 L 30.785156 8.894531 C 30.519531 9.171875 28.785156 11.054688 26.933594 13.066406 C 25.078125 15.078125 23.265625 17.039062 22.90625 17.398438 L 22.265625 18.078125 L 27.265625 24.734375 C 30.011719 28.398438 32.265625 31.441406 32.265625 31.492188 C 32.265625 31.558594 30.628906 31.601562 28.640625 31.601562 L 25 31.585938 L 21.613281 27.054688 C 19.28125 23.921875 18.1875 22.574219 18.078125 22.652344 C 18 22.71875 16.105469 24.761719 13.867188 27.1875 L 9.800781 31.601562 L 8.773438 31.601562 C 8.199219 31.601562 7.734375 31.574219 7.734375 31.535156 C 7.734375 31.492188 9.851562 29.171875 12.441406 26.386719 C 15.011719 23.601562 17.148438 21.265625 17.171875 21.226562 C 17.1875 21.171875 15.066406 18.28125 12.464844 14.800781 C 9.867188 11.332031 7.734375 8.464844 7.734375 8.441406 C 7.734375 8.414062 9.371094 8.398438 11.386719 8.398438 L 15.039062 8.398438 Z M 18.132812 12.535156 \" \/>\n                <path style=\" stroke:none;fill-rule:nonzero;fill:rgb(0%,0%,0%);fill-opacity:1;\" d=\"M 11.027344 10.1875 C 11.082031 10.28125 14.441406 14.785156 18.464844 20.171875 L 25.800781 29.988281 L 27.441406 30 C 28.453125 30 29.066406 29.945312 29.039062 29.867188 C 29.027344 29.800781 25.679688 25.292969 21.628906 19.867188 L 14.238281 10 L 12.585938 10 C 11.214844 10 10.933594 10.027344 11.027344 10.1875 Z M 11.027344 10.1875 \" \/>\n                <\/g>\n                <\/svg>      <\/p>\n<\/section>\n<\/div>\n<p> Estefano Gomez <a href=\"https:\/\/cryptobriefing.com\/memecoin-market-surge-analysis\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Meme Coins Home \u00bb Meme Coins \u00bb Moo Deng, Popcat, and Neiro soar as meme coin market cap hits $55 billion by Estefano Gomez Oct. 7, 2024 Bitcoin has stabilized with a 2% gain, trading at $63,800 after dipping earlier this month. Although Bitcoin has bounced back, meme coins have stolen the spotlight. Key Takeaways<\/p>\n","protected":false},"author":1,"featured_media":811028,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[138945,137554],"tags":[11476],"class_list":{"0":"post-811027","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-neiro","8":"category-popcat","9":"tag-bitcoins"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/811027","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=811027"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/811027\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/811028"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=811027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=811027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=811027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}