{"id":97709,"date":"2024-10-25T10:19:12","date_gmt":"2024-10-25T14:19:12","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=97709"},"modified":"2024-10-25T10:19:57","modified_gmt":"2024-10-25T14:19:57","slug":"moodeng-price-soars-90","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/moodeng-price-soars-90\/","title":{"rendered":"MOODENG Price Soars 90% As Binance Launches Perpetual Contract"},"content":{"rendered":"\n

Solana meme coin\u00a0Moo Deng\u00a0(MOODENG) price soars nearly 100% as Binance announces a perpetual contract<\/a> with up to 75x leverage.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The Solana-based meme coin Moo Deng (MOODENG), inspired by Thailand's viral baby hippo, has captured significant attention among crypto traders and investors. <\/p>\n\n\n\n

On Friday, the token\u2019s price surged by almost 90% following Binance\u2019s announcement of expanded trading options for it. <\/p>\n\n\n\n

Specifically, Binance is introducing a USD-Margined perpetual contract for Moo Deng, fueling market enthusiasm.<\/p>\n\n\n\n

MOODENG Futures Listing Fuels Optimism<\/h2>\n\n\n\n

In an official announcement\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> on October 25, Binance confirmed the launch of the MOODENGUSDT USD-Margined perpetual contract, set to go live at 10:00 UTC. <\/p>\n\n\n\n

The new contract will allow users to trade with leverage up to 75x, and the underlying asset remains the Moo Deng meme coin on Solana. <\/p>\n\n\n\n

Binance set a capped funding rate at +2.00% \/ -2.00%, with a tick size of 0.00001. For verification, the contract address provided is ED5nyyWEzpPPiWimP8vYm7sD7TD3LAt3Q3gRTWHzPJBY.<\/p>\n\n\n\n

The announcement also noted that the contract could undergo modifications depending on market conditions, with potential adjustments to funding fees, tick size, leverage limits, and margin requirements. <\/p>\n\n\n\n

Nonetheless, the Binance listing has generated optimism, as reflected in the recent price activity for MOODENG.<\/p>\n\n\n\n

Solana Meme Coin\u2019s Price Doubles<\/h2>\n\n\n\n

The announcement led to increased market confidence, as evidenced by a nearly 100% price spike, with MOODENG reaching $0.1388 after an intraday low of $0.06547 and high of $0.1404. <\/p>\n\n\n\n

Intraday trading volume jumped by 141%, reflecting a strong positive response to the futures listing.<\/p>\n\n\n\n

According to Coinglass data, open interest in Moo Deng futures surged by 173% to $57.47 million, with derivatives volume up 234% to $327.77 million. <\/p>\n\n\n\n

This uptick indicates high investor interest and suggests a potential uptrend for the coin, as many are closely watching for further gains in light of this new listing.<\/p>\n\n\n\n

\"MOODENG<\/figure>\n\n\n\n

Additionally, Binance introduced a perpetual contract for Goatseus Maximus<\/a>, which has similarly sparked an increase in GOAT\u2019s price. Binance\u2019s listings often seem to bolster price action for newly listed cryptos.<\/p>\n","protected":false},"excerpt":{"rendered":"

Solana meme coin\u00a0Moo Deng\u00a0(MOODENG) price soars nearly 100% as Binance announces a perpetual contract with up to 75x leverage. The Solana-based meme coin Moo Deng (MOODENG), inspired by Thailand’s viral baby hippo, has captured significant attention among crypto traders and investors. On Friday, the token\u2019s price surged by almost 90% following Binance\u2019s announcement of expanded […]<\/p>\n","protected":false},"author":56,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[18285,326,19997],"class_list":["post-97709","post","type-post","status-publish","format-standard","hentry","category-news","tag-binance-listing","tag-binance","tag-solana-meme-coins"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/97709","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/56"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=97709"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/97709\/revisions"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=97709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=97709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=97709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}