<ul><li>Moodeng, a memecoin, surged 480% after a shoutout and donation from Vitalik Buterin, founder of Ethereum.</li><li>Buterin sold 10 billion MOODENG tokens for $762,000 and donated 260 ETH (around $642,000) to a charity.</li><li>Memecoins are often sent to Buterin as a promotional strategy, and he typically donates the proceeds to charitable causes.</li><li>Buterin's mention and subsequent sale of MOODENG caused a surge in prices, highlighting the influence of high-profile figures in memecoin market trends.</li></ul>

Memecoin Moodeng Soars 480% After Vitalik Buterin's Shoutout and Donation

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