Meme Coin $MOODENG Surges 100% After Binance Contract Launch, Savvy Traders Cash In
The meme coin $MOODENG has continued its high-energy performance, with Binance's latest contract launch for the token pushing its price up by a staggering 100% on Wednesday afternoon.
A lesser-known meme coin, $MOODENG, has seen wild price surges after Binance launched a perpetual contract for the token on Wednesday, leading to a remarkable 100% gain in just a few hours.
This rapid rally attracted the attention of several traders, who wasted no time in capitalizing on the price spikes typically seen after Binance listings.
One trader, known as AXSTF…Fwu25, managed to offload 735,000 $MOODENG tokens, which he had initially purchased on October 16 at $0.0675 per token. He sold the tokens at the new peak price of $0.1345, resulting in a total profit of $49,000 with a return rate just shy of 100%.
Another trader used his expertise in spotting Binance listings to earn an impressive $140,000 in under 20 minutes. Moments after Binance announced the $MOODENG perpetual contract, this trader jumped in, using 1,300 SOL to buy 2.77 million $MOODENG tokens. He then executed a swift sale, earning 2,109 SOL and achieving a substantial gain of 809 SOL (worth $140,000).
This trader is no stranger to profits from Binance’s new listings. In fact, the day before, he made 99 SOL (about $17,000) using a similar strategy when Binance unveiled the $GOAT perpetual contract.
These events showcase how traders can capitalize on the high-speed environment of Binance listings, especially for meme tokens like $MOODENG. As the price surges and traders like these make their moves, it highlights the potential gains and the volatility that come with meme token listings on Binance.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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Institutional investors should choose compliant platforms such as Coinbase Pro and Genesis Trading, focusing on cold storage ratios and audit transparency; retail investors should choose large platforms such as Binance and Huobi, focusing on user experience and security; users in compliance-sensitive areas can conduct fiat currency trading through Circle Trade and Huobi Global, and mainland Chinese users need to go through compliant over-the-counter channels.

Cryptocurrency market data can be obtained from the following five channels: 1. Exchange market pages (such as Binance, OKX, gate.io) provide real-time price and in-depth charts; 2. Professional market data platforms (such as CoinMarketCap, CoinGecko, TradingView, AI coins) provide global cryptocurrency data and analysis tools; 3. On-chain data and DeFi market tools (such as DeFiLlama, Dune analysis) focus on DeFi projects and on-chain data; 4. News and comprehensive market websites (such as Coinjie.com, Currency.com) provide real-time currency price and market analysis; 5. Social media and communities (such as Twitter, Telegram) can obtain market sentiment and sudden new

Domestic user adaptation solutions include compliance channels and localization tools. 1. Compliance channels: Franchise currency exchange through OTC platforms such as Circle Trade, domestically, they need to go through Hong Kong or overseas platforms. 2. Localization tools: Use the currency circle network to obtain Chinese information, and Huobi Global Station provides a meta-universe trading terminal.

Binance is suitable for high-frequency traders and institutional investors, OKX is suitable for derivatives traders and users with high privacy needs, Gate.io is suitable for local American investors and institutional investors; CoinGecko is suitable for long-term investors and novices, CoinMarketCap is suitable for quantitative traders and institutional investors, TradingView is suitable for technical analysis enthusiasts and high-frequency traders; XBIT and Genesis Trading are suitable for high privacy needs and institutional investors; CryptoCompare is suitable for miners and investors, and Delta is suitable for individual investors and novices.

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Beginner software suitable for beginners of virtual currency include: 1. Trading platform categories: Binance, Ouyi OKX, Huobi (HTX), gate.io; 2. Information platform categories: CoinMarketCap, CoinGecko, TradingView; 3. Educational resources categories: Coinbase Learn, Binance Academy. These software can help novices trade, obtain information and learn knowledge.

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