Crypto memecoins have been decorated with dogs, cats and frogs, but we haven’t had a baby hippo until now.

The latest animal-themed memecoin to sweep crypto is MOODENG. The coin was inspired by viral internet sensation Moo Deng — whose name translates to “bouncy pig” — a two-month-old pygmy hippopotamus in Thailand’s Khao Kheow Open Zoo. 

MOODENG marks the first memecoin token to hit a $200 million market cap in recent months. 

The token was launched on Solana with the pump.fun memecoin maker, and is currently valued at a $255 million market cap with about $64 million in trading volumes in the last 24 hours. It’s now the 22nd largest memecoin by market…

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