MOONPIG Blasts Off: Solana Memecoin Soars Past $120M Market Cap!

From Humble Beginnings to CEX Stardom

Hold onto your helmets, folks! MOONPIG, the adorable pig-in-a-spacesuit memecoin on Solana, has just rocketed to a mind-blowing $120 million market cap. And guess what? It's not just floating around in the crypto cosmos anymore – it's landed its first listing on a centralized exchange!

Pump.fun to Poloniex: A Meteoric Rise

This little piggy that could, launched earlier this month on Solana's memecoin launchpad Pump.fun, has now attracted nearly 10,000 holders who can't get enough of its interstellar charm. And today, MOONPIG briefly shot past that $120 million mark after its listing on Poloniex, though it's cooled off a bit to below $100 million. Still, not too shabby for a coin that's only been around for a few weeks!

Backed by a Crypto Titan

But wait, there's more! MOONPIG isn't just flying solo – it's got some heavyweight support from none other than Hyperliquid whale James Wynn. This guy made headlines recently with his jaw-dropping $1.1 billion BTC perpetual position, and now he's putting his faith in our favorite space-faring swine.

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A Rollercoaster Ride to the Moon

Hang on tight, because MOONPIG's been on a wild ride. From an all-time low of just $0.004102 on May 6, it blasted off to an all-time high of $0.1212 in less than three weeks – that's a staggering 2,855% gain! Sure, it's pulled back a bit to $0.1001, but it's still up 10% in the last 24 hours, thanks to that Poloniex listing.

What's Next for MOONPIG?

Right now, MOONPIG seems to be taking a breather after its epic run, with the RSI at a toasty 73, screaming "overbought!" A short-term correction or consolidation might be in the cards. But don't count this piggy out yet – the MACD is still flashing bullish, even if the histogram bars are starting to shrink. So, keep your eyes on the sky, because MOONPIG's journey is far from over!