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MOODENG Price News: Surges 16% in a Single Day, Potentially Breaking $0.06
On February 14th, it was reported that amidst the overall downturn in the crypto market, MOODENG unexpectedly strengthened, becoming one of the few meme coins to rise against the trend. Data shows that the token increased by approximately 16% in the past 24 hours, while mainstream assets remained in a consolidation phase. More notably, despite the shrinking overall market trading volume, MOODENG's trading activity significantly increased, forming a rare divergence between price and volume.
From a capital structure perspective, this surge was mainly driven by contract funds. In the derivatives market, MOODENG became one of the top gainers of the day, with liquidation data indicating that the scale of forced liquidations for both longs and shorts rapidly expanded, and leveraged buying became the core force behind the price increase. Some on-chain data also shows that trading volume in decentralized liquidity pools of MOODENG within the Solana ecosystem surged significantly, with daily trading volume surpassing $4.6 million. The number of trades and participating addresses also grew in tandem, indicating a clear short-term market enthusiasm.
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MOODENG0.45%