Moo Deng, the Solana-based meme coin, has surged by 200% following its listing on Binance after experiencing a steep decline of 78% over the preceding weeks. The recent increase in value coincided with Binance announcing futures trading for Moo Deng. Currently priced at around $0.23, the coin has recovered from lows close to $0.08. This surge comes after a period of decline that had many traders abandoning the token. The coin previously peaked at over $0.33 in late September before losing its momentum. The revival in interest can be attributed to Binance's announcement, which allows traders to engage in futures contracts linked to Moo Deng, further fueling the trading activity around this meme-inspired cryptocurrency.

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