According to KookCapitalLLC on Twitter, Moo Deng has been listed on Binance Alpha, with a spot listing reportedly coming soon (Source: @KookCapitalLLC, May 11, 2025). This development provides traders with early access to Moo Deng on Binance's experimental Alpha platform, potentially driving increased volume and price discovery ahead of a full spot market listing. Historically, assets added to Binance Alpha and subsequently listed on the main spot market have experienced notable liquidity surges and heightened trading activity, making Moo Deng a key token to monitor for short-term trading opportunities and volatility in the broader crypto ecosystem.

According to Flood (@ThinkingUSD), the recent ability for big funds to custody Hyperliquid paves the way for potential spot listings on major exchanges like Binance. This development is significant as it may impact trading volumes and market perception of Hyperliquid, highlighting the market's current hesitation despite the lack of excuses for not listing it.