According to a recent report from BlockBeats news, the meme currency MOODENG on the Ethereum chain has seen a significant increase of over 460% in the last 24 hours, with a market value now exceeding $98 million.
In response to this surge, Ethereum co-founder Vitalik Buterin took to social media to announce that any tokens sent to him would be donated to charity. He specifically mentioned that the 10 billion tokens received from Mooden would be donated to technology focused on preventing and controlling airborne diseases. He expressed a preference for direct donations to charity and mentioned the possibility of setting up a DAO to involve the community in decision-making processes.
BlockBeats is cautioning users about meme coins, highlighting that they lack real-world practical uses. Users are advised to be diligent in their research and to be mindful of investment risks.
[source](https://m.theblockbeats.info/news/265910)
