Moo Deng Meme Coin Surges After Vitalik Buterin’s Donation
Ethereum co-founder Vitalik Buterin officially adopted Moo Deng, a pygmy hippopotamus that caused an internet sensation.
Buterin donated 88 ether worth approximately $292,000 to the Khao Kheow Open Zoo in Thailand, where Moo Deng lives.
Moo Deng Meme coins rise after Buterin donation
Moo Deng was born on July 10, 2024, and attracted international attention when her photos went viral on social media when she was two months old. Khao Kheow Open Zoo shared her photo on its official Facebook page, sparking a wave of popularity.
Mulden’s fans The response was overwhelming, leading the zoo to launch merchandise bearing her likeness. The surge in interest has led to the zoo doubling the number of daily visitors in September 2024.
“Thank you to the family for the warm welcome and the work you do for wildlife! I am delighted to be Moo Deng’s adoptive father as she grows up for the next two years and support her with my 10 million baht Donatemaybe more since I set aside 88 ETH for Moo Deng + frens. May they live long and prosper. “Buterin release on X (formerly Twitter)
At the same time, a man named MOODENG is online same month based on its popularity. The creator of the token donated over 10 billion MOODENG tokens to Buterin.
However, Co-founder of Ethereum The tokens are sold with the stated proceeds going to charity. Buterin has been using Meme Coin to have a positive global impact. He has previously emphasized the importance of leveraging such tokens to make meaningful contributions.
MOODENG’s value surged by more than 70% in the past 24 hours after Buterin donated 88 ETH. Meme coins are up 125% this week. The donation highlights how community-driven crypto projects, often viewed as speculative, can support philanthropic efforts.
The bright side of meme coins
Another example of meme coins cultivating goodwill is Mira’s story. Earlier this year, Runway founder Chen Siqi suffered a personal tragedy.
Chen’s four-year-old daughter Mira was diagnosed with a rare brain tumor. Although the tumor is benign, its critical location poses significant risks.
Inspired by this situation, an X user named Waddles created MIRA Meme Coin on Solanapromising to provide half of the supply to Chen. Mr. Chen expressed his gratitude and vowed donate All proceeds from the coins go toward research.
These examples highlight how meme coins are often overlooked speculative assetscan have a lasting positive impact through collective goodwill and philanthropic efforts.
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