MOODENG Surges 250% After Hippo Hoax, Then Tumbles: What Lies Ahead?

CryptoNewsLand
MOODENG-1,91%
HIPPO-1,54%

MOODENG spiked 250% after a viral hippo hoax but faced immediate profit-taking.

Key support at $0.095 may trigger a bounce toward the $0.116–$0.12 zone.

Bulls remain cautious as low liquidity and selling pressure challenge sustained upward momentum.

Moodeng — MOODENG, saw a jaw-dropping spike on Binance Futures, jumping nearly 250% on December 6th. A viral hippo death hoax caused extreme volatility within an hour. Low liquidity over the weekend amplified price swings, surprising many traders. However, the surge did not last. Profit-taking quickly followed, pushing the price lower. Now, investors are asking whether Moodeng can sustain gains or if another dip is on the horizon.

Weekend Pump: What Happened

reached $0.253 during the frenzy, while the Funding Rate, paid every four hours, rose to 0.61%. On the 1-day chart, the previous bearish structure flipped bullish when the lower high at $0.0958 was breached. The swing high from November at $0.1093 is now testing resistance. The DMI shows upward momentum is active, with the ADX and +DI above 20. Despite this, the A/D volume indicator declined, indicating smart money harvested profits.

The day’s close sat far below the high, signaling demand exhaustion and bearish divergence. Even on the 1-hour chart, A/D dropped before bouncing back, showing that buying pressure was not strong enough to sustain the rally. The $0.095 demand zone is key. If Moodeng revisits this level, another bounce toward the $0.116–$0.12 liquidity area could occur. Traders watch this zone closely for potential entry opportunities.

What’s Next for MOODENG?

Moodeng’s recent pump presents both opportunity and risk. The high Funding Rate rewards longs, but capturing funding effectively requires skill. A rally above $0.12, paired with increased social media buzz and higher trading volume, may signal a potential recovery.However, the bears still hold power. Profit-taking dominated the surge, suggesting buyers lack confidence in maintaining upward momentum. Traders in profit may exit, causing additional downward pressure.

A revisit to $0.095 could provide a second chance to buy, anticipating a bounce toward $0.12. Despite bullish signs, the rally remains fragile. Any failure to hold above the $0.095 zone could trigger a bearish reversal. Traders should monitor volume and demand indicators closely. Price action in the next few sessions will reveal whether Moodeng stabilizes or faces another sharp drop. The current market shows Moodeng as a speculative play.

Short-term traders can capitalize on volatility, while cautious investors may wait for confirmation of support and buying pressure. Watching key levels, funding rates, and social signals remains crucial for predicting the next move. Momentum alone is not enough to sustain gains. Profit-taking, low liquidity, and weekend trading patterns make Moodeng unpredictable.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Gerelateerde artikelen

Bitcoin Climbs Above $78,000 on Saturday as Senate Clears Stablecoin Compromise

Bitcoin recovered from a midweek dip to $75,500 to climb above $78,000 by Saturday morning in Asia. The U.S. Senate's stablecoin yield compromise removed a key roadblock to crypto market structure legislation.

GateNews1u geleden

JPMorgan: Stablecoin Usage Growth May Not Drive Market Cap Expansion

JPMorgan analysts led by managing director Nikolaos Panigirtzoglou said rising stablecoin velocity—the frequency with which the same stablecoin is used in transactions—may limit market capitalization growth despite accelerating usage. The analysts noted that increased efficiency in

CryptoFrontier3u geleden

Bitcoin Rises to $77,000 While Holding $75,000 Support as Traders Maintain Short Bias

Bitcoin rose to $77,000 today while maintaining $75,000 support. However, negative funding rates, unchanged open interest, and cautious trader positioning indicate a lack of conviction in the upside.

GateNews4u geleden

Crypto Fear and Greed Index Rises to 40 Overnight, Up 15 Points from May 1

According to Coinglass data, the Crypto Fear and Greed Index rose to 40 overnight from May 1, up 15 points. The index remains in fear territory, down from the 7-day average of 33 and 30-day average of 24.

GateNews7u geleden

JPMorgan:穩定幣交易量飆升、但 Velocity 機制使市值不會等比例成長

JPMorgan 指出穩定幣交易量快速上升,velocity 提高導致市值未必同步增長;預估 2028 年穩定幣市值為 5,000-6,000 億美元,較樂觀的兆美元預測保守。2026 Q1 市值 3150 億、交易量 28 兆、年化 17.2 兆。此觀點與 a16z 的「程式化貨幣」主張不同,顯示穩定幣議題已進入主流機構辯論。

ChainNewsAbmedia8u geleden

JPMorgan: Stablecoin Usage Growth Won't Match Market Cap Rise

JPMorgan analysts led by managing director Nikolaos Panigirtzoglou said rising stablecoin usage may not lead to proportional growth in total stablecoin market capitalization, according to a recent report. The key reason is rising velocity—how often the same stablecoin is used in transactions—which m

CryptoFrontier9u geleden
Opmerking
0/400
Geen opmerkingen