MOODENG Memecoin Soars 112% After Binance Listing

MOODENG, a Solana-based memecoin, experienced a dramatic price surge of 112% following its listing on Binance Alpha. This spike in value reflects the influence of exchange listings and market speculation, as seen in other memecoins. While the price action is noteworthy, lack of official comments from MOODENG’s team raises questions about long-term sustainability. MOODENG’s past performance highlights similar boom-and-bust cycles, with a previous 97% drop following its peak.