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When Moo Deng the pygmy hippopotamus was born in early July 2024 in Thailand, she captured the internet's attention with her sassy personality. In no time at all, she inspired the Moo Deng (MOODENG) meme coin on Solana. This coin's value quickly shot up, and traders reported eye-popping gains such as turning $800 into $7.5 million. However, Solana's Moo Deng coin isn't the only token to capitalize on the latest baby hippo craze. The Sudeng (HIPPO) coin on the Sui blockchain has recently managed to surpass Solana's Moo Deng coin in market cap, albeit briefly, in its short history of just one month. If you're interested in investing in Sudeng, here's what you need to know.
Key Takeaways:
Sudeng (HIPPO), a unique meme coin that focuses on wildlife conservation, is based on the famous pygmy hippo, Moo Deng, from the Khao Kheow Open Zoo in Thailand.
The Sudeng HIPPO token is currently one of the top 50 meme coins by market cap.
Sudeng and other meme coins on Sui are trending right now partially due to the network's efficiency.