Moo Deng Crypto Climbs 70% On News Of Buterin’s Baby Hippo Adoption
27 December 2024 - 5:30PM
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Crypto and animal welfare have never been more interconnected,
using blockchain to fund and promote animal rights initiatives
around the globe. At Thailand’s Khao Kheow Open Zoo, Ethereum
co-founder Vitalik Buterin made headlines when he adopted Moo Deng,
a juvenile pygmy hippopotamus. A $10 million Thai Baht ($290,000)
donation to the zoo’s conservation efforts is part of this
heartwarming gesture. Related Reading: Can Dogecoin Hit $4? Expert
Sets Prediction For Breakout Timing News of the adoption raised
MOODENG token values over 70%, suggesting growing interest in meme
coins. Following the news, trading volume surged by 380%, implying
that fresh investors jumped in to join the thrill around this
special digital asset. Source: CoinMarketCap MOODENG Crypto Price
Shoots Up The price of MOODENG rapidly increased from approximately
$0.0001228 to $0.0002417 within a matter of hours, illustrating the
rapidity with which market sentiment can fluctuate in response to
positive news. Currently, the token is trading at approximately
$0.0001958, which is a significant increase from its previous
levels. Beyond just providing financial assistance, Buterin has
committed to adopting Moo Deng and her family for a two-year period
as part of the zoo’s Wildlife Sponsorship Program. This project not
only demonstrates his dedication to animal welfare but also
positions him as a well-known crypto industry figure who supports
humanitarian programs. Thank you Vitalik Buterin @VitalikButerin
for joining the Wildlife Sponsorship Program and adopting Moo Deng
with a generous gift of 10,000,000 THB for her family! We look
forward to working with you over the next 2 years for the benefit
of the Khao Kheow Open Zoo community & all…
pic.twitter.com/Ykrr53Y2tZ — สวนสัตว์เปิดเขาเขียว Khao Kheow Open
Zoo (@KhaokheowZoo) December 26, 2024 Contribution To Charity
Buterin’s philanthropic efforts are well-documented. He has donated
large sums of money to a number of causes in the past, including
funding efforts and contributions to the fight against COVID-19
within the Ethereum network. His latest donation to Moo Deng is one
of the best examples through which cryptocurrency can be leveraged
for social good. Buterin stated his happiness about becoming the
adoptive father of Moo Deng and underscored the importance of
conservation efforts. The donation will be disbursed in two
installments: an immediate payment of 5 million THB, with the
balance to be paid within one year. This systematic method
guarantees that the zoo can efficiently organize its conservation
initiatives while simultaneously improving Moo Deng’s environment.
Related Reading: Dogecoin (DOGE) Hints at Revival: Can It Defy The
Odds? The Road Ahead For Meme Coins The rise of MOODENG highlights
a fascinating trend in the cryptosphere: meme coins are becoming
platforms for philanthropic activities and community involvement as
well as speculative assets. Buterin’s involvement has cultivated a
perception of genuine community involvement and social
responsibility, despite the fact that many view these tokens with
skepticism due to their volatility. The increased awareness of
MOODENG’s association with animal welfare and Buterin’s
philanthropic background may serve as a catalyst for other
cryptocurrencies to emulate them. Featured image from San Diego
Zoo, chart from TradingView
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