Upbit Lists MOODENG Altcoin Price Jumps 50 Percent

South Korea's largest cryptocurrency exchange, Upbit, began the day with a significant announcement regarding the listing of a new altcoin. The exchange revealed that it would be adding MOODENG, an altcoin, to its platform. MOODENG will be available for trading in KRW, BTC, and USDT pairs, with the listing scheduled to take place on July 3, 2025, on the Solana network.

Following this announcement, the price of MOODENG surged by over 50 percent. This sudden rise in price can be attributed to the anticipation of a potential listing on Binance, one of the world's largest cryptocurrency exchanges. Although MOODENG is not currently listed on Binance, the exchange has included it in its pre-listing pool Alpha, indicating a potential future listing. This move by Binance has likely contributed to the increased interest and speculation surrounding MOODENG, as investors and traders anticipate the potential benefits of being listed on a major exchange.

MOODENG is a memecoin that operates on the Solana network and is themed around a pygmy hippo born in Thailand’s Khao Kheow Open Zoo. The themed nature of the coin, combined with the anticipation of a Binance listing, has likely driven the sudden rise in its price. The listing on Upbit and the potential future listing on Binance could further boost MOODENG's visibility and value, making it an attractive option for investors and traders.