TL;DR

Binance Alpha has officially listed Solana-based memecoins MOODENG and GOAT, sparking renewed interest in this segment of the ecosystem.
MOODENG posted an impressive 65.65% surge in the past 24 hours, reaching a current price of $0.2695 and a market cap of $266.85 million.
GOAT, an AI-focused meme project, also climbed to $0.2126 with a 23.10% gain and a market cap of $225.83 million.

Solana’s ecosystem is once again catching the attention of the broader market with the explosive rise of two of its latest memecoins: MOODENG and GOAT. Both tokens were added to Binance Alpha, Binance’s discovery platform for emerging projects, triggering a buying frenzy and a sharp increase in trading volumes. This listing not only boosted the visibility of these assets but also signaled a renewed enthusiasm for meme-style cryptocurrencies, especially those built on the Solana network.

MOODENG, inspired by a Thai cartoon hippo character and previously acknowledged by Ethereum co-founder Vitalik Buterin, has leveraged its popularity to achieve a major spike in market value. In just 24 hours, the token rose by 65.65%, reaching a price of $0.2695 and pushing its market cap beyond $266 million. This rise has also been accompanied by a 230%+ increase in daily trading volume, establishing MOODENG as a rising force in the meme token space.

The Crypto Community Drives Digital Creativity on Solana

GOAT, on the other hand, has taken a different but equally promising path. Built around artificial intelligence and spun off from the Truth Terminal project, this memecoin blends humor and tech, which has helped it quickly gain traction among crypto enthusiasts. Its recent 24-hour performance of 23.10%, hitting $0.2126 with a market cap of $225.83 million, shows strong community support and growing investor confidence. It reflects how AI-related narratives are merging with internet culture to create new crypto opportunities.

The spike in these tokens’ prices is not just a reaction to the Binance Alpha listing, it also reflects broader excitement around disruptive, community-backed projects. With more platforms like Binance Alpha supporting such tokens, the meme coin segment on Solana appears to be entering a new phase of expansion and legitimacy.

New Financial Narratives 

The sector’s rebound, especially after setbacks like the LIBRA controversy, shows that the market values creativity, community engagement, and adaptability. The current figures for MOODENG and GOAT reaffirm this trend and offer an optimistic outlook. While some analysts still view these tokens as short-lived fads, others interpret them as the beginning of a new wave of digital financial innovation.

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Filed under: News - @ May 12, 2025 12:30 pm