- Moo Deng is a baby hippopotamus who has become a viral internet sensation.
- A Moo Deng crypto token on the Solana network has soared 463% and is now valued at $201 million.
- The token peaked at a market cap of $336 million over the weekend.
The viral baby hippo sensation that is Moo Deng has a crypto token attached to his image that is now worth $200 million.
The crypto meme token began trading on the Solana network on September 20 at an initial price of $0.03597, according to data from CoinMarketCap.
Since then, it has soared 463% to $0.2027, giving it a market valuation of $201 million at 10:50 a.m. in New York.
At its peak on Saturday, the crypto token had a market value of $336 million, the same day Saturday Night Live covered the topic of Moo Deng in its Weekend Update segment.
Moo Deng has taken the internet by storm and attracted thousands of visitors to her zoo in Thailand, as onlookers watch her take water baths, eat food and run in furious sprints around her enclosure.
The zoo even installed a 24/7 live camera to monitor Moo Deng at any time of the day.
As for what this means for the crypto world…probably not much.
Moo Deng is not the first viral sensation to inspire a coin that captures traders’ attention, and she certainly won’t be the last.
Business Insider reached out to various crypto experts for comment on the Moo Deng crypto token, but has yet to receive a response.
