Mog Coin (MOG) is a cryptocurrency token launched on the Ethereum platform in July 2023. As a meme token, it has gained attention within the digital asset community for its market performance and unique characteristics. This guide provides a detailed overview of MOG, including its market stats, technical analysis, and essential information for potential investors and enthusiasts.
What Is Mog Coin (MOG)?
Mog Coin is an Ethereum-based cryptocurrency that operates as a meme token. Like many other tokens in this category, it combines elements of internet culture with blockchain technology. Since its launch, MOG has developed a community of holders and has been traded across various cryptocurrency exchanges.
The token has specific tokenomics with a circulating supply of 391 trillion coins. Understanding these basics is crucial for anyone looking to explore Mog Coin further.
Mog Coin Price and Market Performance
As of the latest data, Mog Coin is trading at approximately $0.0000011 USD. The price has shown significant volatility, with a 24-hour change of +15.32%. Over the past week, the token has increased by +11.20%, and monthly gains stand at +17.28%.
Key Price Statistics
- 24-Hour Range: $0.0000009 - $0.0000011
- All-Time High: $0.0000038 (reached on December 07, 2024)
- All-Time Low: $3.06E-8 (recorded in December 2023)
Market sentiment indicators currently show a mixed outlook, with several technical indicators suggesting bullish trends while others remain neutral or bearish.
Market Capitalization and Ranking
Mog Coin currently holds a market capitalization of approximately $417 million, ranking at #4672 among all cryptocurrencies. This valuation is based on its circulating supply. When considering its total supply, the fully diluted market cap would be similar.
Compared to other meme tokens, MOG ranks at #15 in its category, indicating its relative position within this niche market segment.
Trading Volume and Exchange Availability
MOG has an average trading volume that differs from other cryptocurrencies launched in 2023. While the average volume for similar coins is around $4 million, MOG typically sees approximately $251,000 in daily trading activity.
The token is available on multiple cryptocurrency exchanges under the symbol MOG. ๐ Explore trading platforms for meme tokens
Wealth Distribution Analysis
Wealth distribution is an important factor when evaluating any cryptocurrency. For Mog Coin, the distribution across holders shows:
- Top 10 addresses hold 43.04% of total supply
- Addresses 11-100 hold 35.00%
- Addresses 101-1000 hold 20.89%
- Remaining addresses hold 1.08%
It's worth noting that some of the top addresses may belong to exchange wallets, which typically hold coins on behalf of multiple users.
Technical Analysis Overview
Recent technical indicators for Mog Coin present a mixed picture:
- RSI (14): 60.24 (Natural)
- Commodity Channel Index (20): 186.79 (Sell)
- Average Directional Index (14): 54.16 (Sell)
- Williams Percent Range (14): -2.13 (Overbought)
- Ultimate Oscillator: 54.16 (Natural)
Moving averages generally suggest bullish trends, with both EMA (10) and EMA (20) indicating buy signals at $0.0000010 and $0.0000009 respectively.
Blockchain Activity and Network Statistics
Mog Coin demonstrates active on-chain activity with:
- 3,974 transactions in the last 24 hours
- Approximately 165.58 transactions per hour
- 49,065 unique holders
- 888,413 total token transfers recorded
Since its launch in July 2023, the network has seen steady growth in adoption and transaction volume.
Mog Coin in the News
Mog Coin has received media attention primarily for its market performance and relation to broader cryptocurrency trends. Recent coverage has highlighted:
- A 27% rally approaching a golden cross pattern
- Performance alongside other meme coins during market surges
- Mentions in analyses of top-performing meme coins across different blockchain networks
Media coverage often focuses on MOG's position within the meme coin sector and its reactions to broader market movements.
Frequently Asked Questions
What is the current price of Mog Coin?
The current price of MOG is approximately $0.0000011 USD. The price fluctuates constantly based on market conditions, trading volume, and overall cryptocurrency market trends.
How does Mog Coin compare to other meme tokens?
MOG ranks #15 among meme tokens by market capitalization. It performs differently from other tokens in this category, with unique volatility patterns and community support. ๐ Learn more about meme token strategies
What was Mog Coin's highest price?
MOG reached its all-time high of $0.0000038 on December 07, 2024. This represents the highest price point the token has achieved since its launch.
How many Mog Coin tokens are in circulation?
The circulating supply of MOG is 391 trillion tokens. This number represents the coins currently available for trading in the market.
Is Mog Coin a good investment?
As with any cryptocurrency, especially meme tokens, MOG carries significant investment risk. Its price is highly volatile, and potential investors should conduct thorough research and consider their risk tolerance before investing.
Where can I store Mog Coin safely?
MOG, being an ERC-20 token, can be stored in any Ethereum-compatible wallet. This includes hardware wallets for maximum security or software wallets for convenience. Always ensure you're using reputable wallet providers.