 Vitalik Buterin adopts Moo Deng with 88 ETH zoo donation 
2024-12-26
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Moo Deng, a pygmy hippopotamus that became a viral internet sensation, was adopted by Vitalik Buterin, one of the most famous cryptocurrency founders.
Buterin, the co-founder of Ethereum, the world’s second-largest blockchain network, became the adoptive father of Moo Deng, Thailand’s Khao Kheow Open Zoo announced in a Dec. 26 X post:

“We look forward to working with you over the next 2 years,” the announcement added.
Moo Deng rose to viral popularity in September 2024 because of her expressive personality and charming social media videos shared by the Thailand-based zoo.
In response to the announcement, Buterin said he may donate even more than the current 88 Ether ETHUSD, or $292,000, to the zoo. He wrote in a Dec. 26 X response:

In October, Buterin donated over $180,000 in ETH, sent to his address as Moo Deng memecoins to the biotech charity Kanro.
Moo Deng memecoin trader makes $3.4 million before 60% decline
Moo Deng’s global virality inspired the creation of a Solana-based memecoin, and some traders secured significant returns before the meme token shed nearly 60% of its peak valuation.
A savvy investor turned $1,300 into $3.4 million after achieving a remarkable 2,554-fold return on investment on the Moo Deng (MOODENG) token, Cointelegraph reported on Sept. 26.
This financial gain raised suspicions among some community members who speculated that an insider or developer may have been involved.
Still, illustrating the dangers of memecoin trading, the hippo-themed memecoin fell 58% from its all-time high of $0.62 recorded on Nov. 16, 2024, CoinGecko data shows.
Over 99% of traders on Solana’s memecoin launchpad, Pump.fun, have lost money or made less than $1,000 worth of profit.
Out of the total 8.5 million wallets, only 50 have generated up to $1,000 worth of returns, while five wallets have generated between $1,000 and $10,000.
Only one wallet managed to generate over $10,000 worth of profit on the memecoin launchpad, Dune data shows.
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