- Mog Coin has outperformed other meme coins and entered the top 100 cryptocurrencies by market cap.
- Mog Coin’s recent listings on major exchanges have increased its accessibility and market visibility.
Mog Coin has become the first well-known meme coin to experience double-digit growth in a market where blockchain and AI tokens dominate. As of writing, Mog Coin (MOG) had increased to $0,000001705, reflecting a 12.96% growth over the last 24 hours.
This meme token has also performed well on a weekly and monthly basis, suggesting continued investor interest despite its value skyrocketing by more than 10,000% since its initial debut, according to CoinMarketCap.
MOG Coin’s Market Performance and Accessibility
This performance surpassed numerous famous meme coins within the same time period, including Dogecoin, Shiba Inu, Book of Meme, Bonk Inu, and WIF. We reported at the end of June that the MOG token had joined the top 100 cryptocurrencies in terms of market cap. It is now ranked 95th, with a valuation of $614.57 million.
MOG became more accessible earlier this month after being listed on the KuCoin exchange, where it trades as the MOG/USDT pair. It is also accessible on the WOO X trading platform in the perpetual futures market as 1000000MOG.
📢 New Listing@MogCoinEth $MOG Gets Listed on #KuCoin!
💎Pair: MOG/USDT
💎Deposit: now open (network: ETH-ERC20)
💎Trading: 8:00 on July 4, 2024 (UTC)— KuCoin (@kucoincom) July 4, 2024
Volatility and Resilience in the Meme Coin Market
Meanwhile, CNF reported on intriguing developments involving another popular meme coin, Pepe Coin. PEPE increased by more than 12% yesterday, following a week of losses. This demonstrates the volatility and rapid change that can occur within the meme coin sector.
Beside that, due to the exorbitant fees charged by banks and Western Union/Moneygram, Venezuela has previously turned to cryptocurrency, with Dogecoin (DOGE) emerging as a top alternative.
Despite volatility, Dogecoin remains a dominant meme coin. It emphasizes Dogecoin’s durability and its vast and dedicated community, which continues to support the coin.
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