News 
May 14, 2025 
4 min. 
Solana Meme Coin MOODENG has exploded by 700% in just a week, capturing attention across the crypto space. This massive upswing has made it one of the most talked-about tokens recently. With momentum building and investor interest growing, MOODENG now appears poised to make a strong push toward a new all-time high.
MOODENG Sees Explosive Demand Surge
The recent price rally of MOODENG is fueled by a clear spike in organic demand, backed by sharp growth in Open Interest (OI). Within just a week, traders funneled an impressive $324 million into MOODENG-related positions, sending the OI soaring from $18 million to $342 million. This represents a staggering 1,800% increase. The surge reflects not just speculative interest but a deepening confidence in the meme coin’s potential beyond spot market dynamics.
The futures market is also reflecting bullish sentiment. The same $324 million inflow into futures contracts highlights that many traders are placing long-term bets on MOODENG’s upward momentum.
On-chain data from Holderscan adds another layer to the story. The token’s holder count has swelled to 75,000, showing a significant uptick in retail interest. Notably, the share of wallets holding less than $10 worth of MOODENG has jumped from 17% to 33% in just ten days.
This shift signals a wave of micro-investors entering the scene. It is a classic sign of rising grassroots adoption. It also hints at broader market confidence, as both small-scale participants and possibly institutional players position themselves for future gains.
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MOODENG Pulls Back Sharply After Testing Multi-Level Resistance
After delivering a massive 703% rally earlier this month, MOODENG surged to a high of $0.34387 before experiencing a significant correction. The token is now trading around $0.23850, marking a sharp 24.66% drop in the last session. This downturn highlights heavy profit-taking and the strength of the overhead resistance around $0.31516 to $0.35938.
Despite the pullback, MOODENG remains within a broader uptrend structure. If bulls manage to reclaim the $0.25943 level and flip it into support, it could signal a renewed attempt to push past intermediate resistances at $0.28063 and $0.29880, eventually retesting the highs.
On the downside, the next strong support lies near $0.21824, followed by a deeper demand zone around $0.19825 and $0.17887. If the bearish momentum continues, these levels may come into play, potentially triggering a longer consolidation or correction phase.
For now, MOODENG’s fate rests on whether bulls can reclaim lost ground or whether the meme coin will cool off further as investor sentiment resets.
Conclusion
In summary, MOODENG’s explosive rise and subsequent volatility highlight both the potential and unpredictability of the Solana Meme Coin ecosystem. As investor interest continues to surge, driven by rising open interest, growing retail participation, and bullish sentiment, the coming days will be crucial in determining whether MOODENG can sustain its momentum and break into new all-time highs. Regardless of short-term fluctuations, MOODENG has firmly positioned itself as a standout performer within the broader meme coin narrative.
