2024

Solana

Solana memecoin dubbed Mae Moo Deng ($JONA), which was thought to have been coined after the mother to now-trending baby hippo MOODENG has just crashed by over 90%, with thousands of holders now rekt.&nbsp; 
JONA was launched over a week ago. The price rallied by 11,164% from the opening price of $0.00005197 to an all-time high of $0.005854, according to data from Dexscreener. The token saw a peak market cap of nearly $6 million. But that was short-lived. 
<h3 id="span-style-font-weight-400-jona-crashes-over-95-span">JONA crashes over 95%</h3> 
The gains were all wiped off shortly after a Thai zoo, “Khao Kheow Open Zoo,” where MOODENG and the mama hippo are kept, revealed that JONA is the wrong name.&nbsp; 
The zoo corrected the mama hippo’s name to “JONAH” from “JONA,” which sent the token’s price crashing.&nbsp; 
JONA is currently down over 95% from the ATH. There is now just about $68,000 in liquidity locked, with the market cap floating around $227k, according to Dexscreener.&nbsp; 
<img loading="lazy" decoding="async" class="alignnone wp-image-593695 size-full" src="https://www.cryptopolitan.com/wp-content/uploads/2024/09/dexscreener.com_JONA_SOL_2024-09-28_00-02-47.png" alt="" width="859" height="491" srcset="https://www.cryptopolitan.com/wp-content/uploads/2024/09/dexscreener.com_JONA_SOL_2024-09-28_00-02-47.png 859w, https://www.cryptopolitan.com/wp-content/uploads/2024/09/dexscreener.com_JONA_SOL_2024-09-28_00-02-47-300x171.png 300w, https://www.cryptopolitan.com/wp-content/uploads/2024/09/dexscreener.com_JONA_SOL_2024-09-28_00-02-47-768x439.png 768w" sizes="(max-width: 859px) 100vw, 859px"> 
Some people, however, accused the Thai zoo of possible market manipulation, given that there already existed a “JONAH” meme token, also coined after MOODENG’s mama hippo.&nbsp; 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 A fucking zoo in Thailand is doing MARKET MANIPULATION <a href="https://t.co/Q2zfeIigNh" rel="nofollow" target="_blank">pic.twitter.com/Q2zfeIigNh</a> 
 — ram (@0xRamonos) <a href="https://twitter.com/0xRamonos/status/1839591888178835650?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">September 27, 2024</a>
</blockquote> 
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The $JONAH token was launched at about the same time as the other. However, it only began to rally after the zoo’s tweet. JONAH is up over 1,000% in the 24-hour timeframe, with $1.8 million in market cap.&nbsp; 
<h3 id="strong-hippo-meme-trend-takes-off-with-moodeng-strong">Hippo meme trend takes off with MOODENG</h3> 
The new hippo meme trend began with the MOODENG – the baby hippo. <a href="https://www.cryptopolitan.com/moodeng-market-cap-touches-145m-becomes-highest-gainer-in-24-hours/">MOODENG was rated the largest 24hr gainer</a> on Thursday, as the market cap touched $145 million, Cryptopolitan reported. 
At the time of writing, MOODENG sees an even higher market cap of over $271 million, with reports of early buyers now holding millions of gains.&nbsp; 
Earlier today, Lookonchain reported on a trader who turned $1,331 to over $9.5 million from buying MOODENG.&nbsp; 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Turned $1,331 into over $9.5M in only 16 days, a 7,140x return! <a href="https://twitter.com/hashtag/MOODENG?src=hash&amp;ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">#MOODENG</a> 
 This guy spent 9.8 <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">$SOL</a>($1,331) to buy 38.7M $MOODENG on Sept 10 and sold 104K $MOODENG for 112 <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">$SOL</a>($17.9K)today, leaving 38.64M $MOODENG, worth more than $9.5M!<a href="https://t.co/gCR15Bjrcc" rel="nofollow" target="_blank">https://t.co/gCR15Bjrcc</a> <a href="https://t.co/gaMG0BvKdB" rel="nofollow" target="_blank">pic.twitter.com/gaMG0BvKdB</a> 
 — Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1839690933891420271?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">September 27, 2024</a>
</blockquote> 
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MOODENG’s mom token just nuked over 95% for the funniest reason

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