The cute Thai hippo is dominating the meme coin sector once again.
The Moo Deng coin is back in the spotlight, this time drawing rumours of a potential Binance spot listing. The MOODENG price is up by over 40% in the past 24 hours and has hit a new all-time high of $0.68 on Friday in reaction to the Binance speculation.
Meanwhile, other Tier-1 CEXs like OKX and Gemini are rushing to list the meme coin on their platform.
https://x.com/Gemini/status/1857526900022767920
Is It Too Late To Buy Moo Deng?
As previously stated, Moo Deng is the latest viral sensation in the meme coin sector. The token price is up by nearly 600% over the past month, sparked by its Binance Futures listing and the broader meme coin supercycle.
As such, Moo Deng needs no recognition. The cute Thai hippopotamus went viral on the internet and was even featured on Saturday Night Live.
Unsurprisingly, the MOODENG coin has delivered outsized returns as most projects with strong internet culture backing tend to do. As previously stated, the meme coin is already live on Binance futures and has already secured spot listings on tier-1 exchanges like Gemini and OKX.
Rumours are rampant that a spot Binance listing could be next. It is not without any reason that the token price is up by 40% while most top memes like Dogecoin, Shiba Inu, Pepe and Dogwifhat are in the red.
https://x.com/cryptomanran/status/1857059722999804213
In fact, a few experts are even signalling the possibility of a Coinbase listing. However, there are also concerns about whether it is too late for sidelined investors to buy MOODENG.
However, prominent crypto analysts believe that the concerns are unsubstantiated. Legendary trader Bluntz projects that the Moo Deng coin is poised to hit the $1 mark, potentially even surpassing it. He uses Elliot Wave Theory for his projections, which has proven to be extremely accurate during this bull cycle.
https://x.com/Bluntz_Capital/status/1856943143280939420
If Bluntz’s Moo Deng price prediction is accurate, new spot buyers could still see nearly 2x returns in the short term. However, sidelined investors hunting for 10x to 100x returns will have to consider low-cap alternatives to MOODENG.
Could Pepe Unchained Also Secure A Binance Listing?
Pepe Unchained (PEPU), one of the hottest presales of 2024, is also drawing Binance rumours.
For instance, Binance listed First Neiro On Ethereum and Act I: The Prophecy when they had $15 million and $20 billion, respectively. Meanwhile, the Pepe Unchained presale has raised over $32 million and continues to add over $1 million daily.
The PEPU ICO ending in less than 4 weeks is adding to the hype and FOMO, as is the fact that the meme coin will launch on Tier-1 exchanges.
Pepe Unchained’s strong fundamentals have also separated it from other run-of-the-mill coins. For instance, its Layer-2 chain, native meme coin launchpad called Pepe’s Pump Pad and staking protocol, are extremely unique features in the meme token sector.
Unsurprisingly, whales are already stacking PEPU in its presale phase, with one deep-pocketed investor having already purchased nearly $320k worth of the meme coin. Meanwhile, the Layer-2 chain’s promise of low trading costs and attractive staking rewards has also captured the attention of retail investors.
Prominent crypto influencers are extremely bullish on Pepe Unchained’s upside potential, with many calling it the next 100x meme coin.
