The token quickly became more popular than other meme coins, reaching a market cap of nearly $323 million but didn’t last long. Its value dropped by 18.5%, losing about $100 million from its market cap over the past 24 hours. .
I’ve just heard that this baby pygmy hippo, which inspired the Moo Deng token, is so famous and has a 24-hour live stream.
I’m wondering if we’ll see another meme token based on Pesto, the famous biggest baby penguin. Could he be next in line for a crypto-inspired surge? 
OMG SO CUUUTE! 
Hahaha. I knew there would be a token based on moo deng, just based on how popular she’s been these past few weeks. Kinda expected the dip in price too, since it’s once again very “hype” based. 
Also I’m personally a Pesto stan. 
It looks like there’s already a token for Pesto the baby penguin too. 
AAAAHHHH such cuties. 
I’m happy that these baby animals are getting lots of attention. But also, I’m not sure the hype would convince me to actually invest in these tokens.
It’s a no for me when it comes to investing in these tokens. The cuteness is fun, but it’s important to see strong fundamentals and long-term potential before putting any money in.
