How Thailand’s famous pigmy hippo became a crypto star
In September of last year, an adorable two-year-old Pigmy Hippo named Moo Deng went viral on social media and quickly developed a global fan base. The hippo, who lives at Khao Kheor Open Zoo in Si Racha, Chonburi, Thailand, took the world by storm and even inspired an individual to create a new cryptocurrency meme coin in her honour.
Understanding Meme coins
Meme coins are a popular form of cryptocurrency, or digital asset, that capitalises on the community that surrounds cryptocurrency. They are often formed as a joke, based on a viral image, or meme, such as the delightful pictures of Moo Deng.
Despite their playful nature, memecoins can generate considerable profits for investors over a short term and through small trades. That being said, these kinds of coins are not advised for investors looking to make a long-term investment due to their high risk. Additionally, although memecoins are jokey and fun, they should still be kept as secure as other forms of cryptocurrency. This involves having a good crypto wallet to store the keys needed to access them and utilising tools such as password managers.
The Moo Deng (MOODENG) Mene Coin
The Moo Deng meme coin was launched on the Solana blockchain. So far, the coins’ creators have remained anonymous. This isn’t uncommon when it comes to cryptocurrency creators; even the creator of Bitcoin, the biggest and most successful cryptocurrency in the world, has never revealed their identity.
The launch of Moo Deng was incredibly successful. Since then, the meme coin has retained a steady number of supporters. It might not be as big as others, but the community surrounding the Moo Deng meme coin is one of the most vibrant. Fans of both the hippo and the currency have come together, creating fan art and memes and engaging in discussions about the future of the coin.
The Star Herself
Moo Deng, whose name translates to ‘bouncy pork, ’ is now eight months old and is doing well. Despite having grown quite a bit since she first experienced stardom, she still has many dedicated fans. She pays little attention to the thousands of visitors who come to the zoo daily. Occasionally, she entertains them with yawns, sniffles, and naps. Khao Kheor Open Zoo, however, has well and truly capitalised on her fame by creating a Moo Deng ice cream and erecting statues in her honour all around the park. However, the fame of this single animal has raised some concerns within various animal welfare organisations, and British tourists have been asked not to travel to see her.
Moo Deng’s birth came at the perfect time for the people of Thailand, who had been facing a lot of unsettling news in the media and needed something to lift their spirits. It is no surprise, then, that the famous Pigmy Hippo was able to inspire the creation of a memecoin dedicated to a community who enjoy the less serious sides of life.
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