Ethereum $3,370.5Vitalik Buterin, one of the founders of , became the foster parent of baby hippo Moo Deng, according to information released by Khao Kheow Open Zoo. Buterin made a name for himself with his donation to the zoo. This development increased the price of the MOODENG meme token on Ethereum by 70% in just one hour.
Big Donation from Buterin
According to the announcement made on Khao Kheow Open Zoo’s official social media account on December 25, Buterin accepted the offer to become Moo Deng’s foster father. He also donated 10,000,000 Thai Baht (THB) to the zoo in Moo Deng’s name.
With this support, Buterin aims to contribute not only to the zoo but also to the protection of animals.
MOODENG Token Rises Rapidly
Vitalik Buterin’s donation led to a huge increase in the value of the MOODENG token. The token gained 70% in value within 24 hours. However, it lost some of its previous gains. Currently, MOODENG is trading at $0.0001942. Additionally, a 275% increase in transaction volume was observed. This rise increased the token’s visibility in the market.
Buterin’s support for the MOODENG token has led to increased interest in charitable meme coins in the cryptocurrency market. In addition, the listing of the token by major exchanges such as Coinbase also supported this rise. The impact of donations made in the cryptocurrency world on token values has become even more evident.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
