MOODENG whale accumulates 11.8 mln tokens – Recovery coming?

Quick Summary:

Despite MOODENG losing over 50% of value, a whale was betting $33M for a likely price reversal.

Since mid-November, MOODENG trading volume across DEXes (decentralized exchanges) has declined from $250M to below $50M as of press time.

Such a huge bet meant that the whale was confident of market recovery.

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Article Details

Author / Journalist: Benjamin Njiri

Category: Crypto

Markets: United States

Topics: Social News Ambcrypto Memecoins News 1 Trading View

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-27 @ 01:30:18 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 454 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 23899827

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 28 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

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Publisher ID: #103

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