Mog Coin (MOG), which touts itself as the “internet’s first culture coin,” has seen a significant price increase over the last month. Although it dipped by 7.47% in the last 24 hours, its community isn’t discouraged, as the overall meme coin space faces a red trend today.
While MOG’s price drop may represent an excellent investment opportunity, investors are wary that it’s near its growth limit. Let’s take a look at MOG’s performance and a promising ICO launching soon on DEXs.
MOG Doubles its Market Cap Over the Last Month
Mog Coin’s market cap stood at $363.31 million on September 15th, when it was priced at $0.000001027, and it has risen to $756.96 million since, fueling its price jump of over 90%. Currently, MOG is trading at $0.000001941 after today’s meme coin market downturn.
MOG has had a long/short ratio of 0.952 in the past 24 hours, indicating a neutral market sentiment with slightly more short positions. Although it indicates that traders may be cautious, anticipating a further decline, the overall market sentiment isn’t overly bearish.
Despite the neutral trader sentiment around MOG, a “golden cross” has formed for the coin, with its 50-day Simple Moving Average (SMA) crossing over its 200-day SMA. This technical indicator often precedes a significant positive price movement for coins, especially since MOG’s current price is above its short-term SMA.
Andrew, a crypto expert with more than 10,000 followers on X (Twitter), believes MOG’s community and marketing skills will propel the coin to explode once more, predicting a massive $77 billion market cap in the long term.
My Top 10 Memecoin Conviction Plays ☜
— Andrεω ☜ (@SWEATY333) October 14, 2024
1. $MOG → @MogCoinEth
2. $BRETT → @BasedBrett
3. $APU → @ApusCoin
4. $BOBO → @bobocoineth
5. $SPX → @spx6900
6. $GIGA → @GIGACHAD_meme
7. $BITCOIN → @RealHPOS10I
8. $BRAINET → @brainletCTO
9. $TOWELI → @_towelie42069
10.… pic.twitter.com/RQgVBdVB6W
Guru Asymmetry, a crypto analyst, told his 9,000-strong follower base that MOG will be one of the top 5 meme coins in the potential bull run that’s on the horizon. He believes the coin may reach a $20-30 billion market cap.
However, the crypto market is as volatile as ever, so there are no guarantees that MOG can repeat its incredible performance over the last year, which had its price rise by a total of 11740.16%.
While experts wonder whether MOG can reach or even surpass its all-time high of $0.000002356, investors are turning their heads to Flockerz, an upcoming meme coin with an innovative solution.
Is Flockerz a Better Buy Than MOG? New Meme Coin ICO Raises Over $700,000 Vote-To-Earn Platform
Flockerz (FLOCK) a brand new meme coin built around its unique decentralized autonomous organization (DAO) – FlockTopia. While most meme coins have a single person or a team behind all key project decisions, Flockerz intends to allow every holder to participate in the decision-making process.
While that concept isn’t entirely unique, Flockerz aims to release FlockTopia as the first vote-to-earn meme coin by rewarding each voter with FLOCK. This innovative approach to how a DAO operates may help Flockerz build a culture-driven community as its voters work toward the same goals that benefit them and the overall FLOCK ecosystem.
Currently, FLOCK costs $0.0057699 each, but that price isn’t here to stay as the per-token price is set to increase in just 20 hours or if the presale raises another $231,000 before that.
Getting into the Flockerz presale is easy, and investors can buy the token using ETH, BNB, USDT, or a credit or debit card. There’s no minimal investment required, making it attractive to casual traders and whales alike, especially since their votes will be equally impactful in FlockTopia.
https://twitter.com/FlockerzToken/status/1831330384770207825
With 20% of the total token supply dedicated to the presale and 25% more to staking rewards, FLOCK heavily favors early investors. Currently, the project’s staking APY stands at 2435%, allowing early backers to nearly 25x their token holdings long-term. However, the staking APY will decrease as more investors stake their FLOCK.
ClayBro, a crypto expert with more than 130,000 subscribers on YouTube, anticipates a bull market in which he believes Flockerz can make substantial gains.
He advises his audience to enter the presale while the token sells at a discount, highlighting its four-digit staking APY as something nobody should miss.
Although the market is volatile, Flockerz’s growing community, robust security, and unique approach to the meme coin space may be enough to help it skyrocket once it launches on DEXs.