Binance Futures will launch the MOODENGUSDT perpetual futures contract with leverage up to 75x.
“To expand the range of trading options offered on Binance Futures and enhance the trading experience for users, Binance Futures will launch the MOODENGUSDT Perpetual Futures Contract at 5:00 PM on October 25, 2024, with leverage up to 75x,” Binance announced.
Following this news, MOODENG’s price spiked 130%, currently trading at $0.1669 at the time of writing.
MOODENG is a memecoin inspired by the famous hippo, Moo Deng, well-known online. This hippo currently resides at the Khao Kheow Zoo in Thailand, and its name, “Moo Deng,” translates to “jumping pig” in Thai.