According to @KookCapitalLLC, Moo Deng token has seen a parabolic price surge, attracting attention from crypto traders. Verified on-chain data shows a sharp increase in trading volume and unique wallet activity over the past 24 hours, as reported by DEXTools and Etherscan. This surge is reportedly driven by concentrated buying from several large wallets, combined with viral social media exposure on platforms like X and Telegram, as cited by CryptoQuant (source: DEXTools, Etherscan, CryptoQuant, cited May 8, 2025). The rally has triggered significant short liquidations, increasing volatility and drawing momentum traders. This type of rapid price movement is a reminder for traders to monitor liquidity and social sentiment indicators closely, as sudden shifts can present both high-risk and high-reward trading opportunities in micro-cap tokens.