Solana Meme Coin Moo Deng Flies 530% in a Week Amid ‘Macro Hopium’

Meme coins have been pumping hard amid a wider crypto market surge, with Bitcoin (Moo DengBut, clearly, degens still like the hippo, with the MOODENG token posting gains of 812% over the past month.Other major meme coins have seen notable gains with This comes as the wider crypto market has seen gains with With markets showing more confidence, traders appear to be pivoting to risky assets like meme coins, which are “It’s the first market reversal and macro hopium with Trump relaxing in China for the first time in months since the market crash,” pseudonymous founder of web3 education tool Goatseus MaximusPeanut the Squirrel“Even before this market revival, meme coin activity was elevated and stable,” Pump.fun co-founder While down from all-time highs, according to During this period, decentralized exchange To Cohen’s point, these market conditions were able to foster meme coin communities like Titcoin (