Vitalik Buterin Adopts Hippo Moo Deng, MOODENG Meme Coin Price Jumps 70%

Ethereum co-founder Vitalik Buterin has become a foster parent of baby hippo Moo Deng, according to the details shared by Khao Kheow Open Zoo on Thursday. Following the development, MOODENG meme coin price on Ethereum jumped nearly 70% in just an hour, supported by a massive 275% jump in trading volume.

Ethereum Co-Founder Vitalik Buterin Donates 10 Million THB

According to an official post by Thailand’s Khao Kheow Open Zoo on December 26, Vitalik Buterin has joined the Wildlife Sponsorship Program and adopted famous pygmy hippo Moo Deng.

“I am delighted to accept your invitation to be Moo Deng’s adoptive father while she grows up, and to donate the zoo in her name no less than 10,000,000 THB.”

Ethereum co-founder donated 10,000,000 Thai baht to support Moo Deng and her family at the zoo. This came as a support for the Khao Kheow Open Zoo Wildlife Adoption Project. The layout plan shows a total build-up area of 1,600 square meters. As a result, the MOODENG meme coin price rocketed sparking market speculations.

As per the letter by Vitalik Buterin, the donation will be made in two installments. The first donation will be completed today, December 26. Also, the remaining 5,00,000 THB is expected to be made within a year.

Ethereum co-founder Vitalik Buterin’s donation was a Christmas present. He has sent his ETH and even meme coins he received to charity. Recently, he appreciated meme coins that donate portions of their supply directly to charity, while also suggesting a DAO or directly engaging with charity.

MOODENG Price Soars 70%

MOODENG meme coin price jumped over 70% in the past 24 hours but pared earlier gains. The price currently trades at $0.0001942, with an intraday low and high of $0.0001206 and $0.0002446, respectively. Furthermore, the trading volume has skyrocketed by 300% in the last 24 hours, indicating a massive interest among traders.

Amid Ethereum co-founder Vitalik Buterin-led efforts, trading also shot up in the derivatives market. The total MOODENG futures open interest climbed 9% in 4 hours. The 415.61 million futures OI are now valued at $$115.42 million.

Crypto exchanges such as Coinbase have also shown support with listing the token. Meanwhile, Solana-based token MOODENG price is down more than 1% to $0.2772 in the last 24 hours.