Moo Deng Stock Surges on China Trade Deal News: Impact on Crypto Sentiment and Market Trends | Flash News Detail
The cryptocurrency market has been buzzing with activity following recent news of a potential China trade deal, with Moo Deng, a lesser-known but rapidly rising meme coin, experiencing a significant price surge. As of May 6, 2025, at 10:30 AM UTC, Moo Deng recorded a staggering 45.2% price increase within 24 hours, moving from $0.0123 to $0.0179, according to data tracked by CoinGecko. This spike coincides with a tweet from Kook Capital LLC on Twitter, highlighting the token’s pump in relation to the China trade deal news. While the exact details of the trade deal remain unconfirmed, reports suggest it could ease tensions in global markets, boosting risk-on assets like cryptocurrencies. This event has…