Mog Coin (MOG) is on a tear, rallying 16% in the past day.
As the self-proclaimed “internet’s first culture coin,” MOG has shown that it can still keep up with the likes of DOGE and PEPE.
With the meme coin space heating up again, attention is also shifting to Pepe Unchained (PEPU) – a presale project that has raised almost $25 million in early funding.
MOG Bounces Back as Spot Trading Volumes Soar to $42M
MOG is back in the headlines.
The coin has rebounded aggressively after tapping the critical support level of $0.00000163 yesterday.
Over the past ten days, MOG has tested this level three times, with buyers stepping in every time to keep it afloat.
Now, after a shaky weekend, the coin is rallying hard.
It’s climbed to $0.00000189, erasing most of its recent losses.
However, this momentum goes beyond just the price jump.
Spot trading volumes for MOG have surged by 50%, hitting $42.2 million in the past 24 hours as traders pile in.
This renewed interest has pushed MOG up the meme coin ranks, flipping competitors like BRETT and closing in on MEME.
Now, with a market cap of over $730 million, this cat coin is proving its staying power.
Many investors predicted MOG would fade away after it capitulated between July and September.
Yet it has proved everyone wrong – suggesting it might even have more room to rise.
Is MOG Headed for a New All-Time High? Technicals Point to More Gains
Where can MOG go from here?
Technical indicators hint that the coin’s likely path is upward.
After bouncing off the 50-day EMA yesterday, MOG’s chart looks strikingly similar to its last breakout, which saw a 35% jump in a week.
The uptrend looks strong on the daily chart, with MOG making clear higher highs and higher lows.
Fibonacci analysis backs up this bullishness.
MOG has twice rebounded from the key 0.618 retracement level – a pattern often seen before big rallies.
If that scenario plays out, the next target sits at the 1.272 Fibonacci extension, around $0.0000027.
Reaching this level would mean a 45% gain from where MOG is today.
And it would also represent a new all-time high for the coin.
Meme coin trader Murad has voiced his support, calling MOG a “top-tier” cult meme coin.
So, while there will always be an element of risk, Mog Coin appears primed for further gains.
Pepe Unchained Turns Heads with Layer-2 Blockchain Ambitions & Enormous Presale Success
While MOG keeps up its impressive run, investors are starting to get excited about another potential star: Pepe Unchained.
This new meme coin has raised nearly $25 million during its presale – and analysts at 99Bitcoins believe early backers could see huge returns.
They even predicted PEPU could “flip” $1,000 into $10,000 quickly.
Much like Mog Coin, which rocketed from obscurity to become an established meme token, Pepe Unchained is positioning itself as a project with serious ambitions.
Its move into blockchain infrastructure is the main thing that helps it stand out.
Most meme coins on Ethereum are useless, yet Pepe Unchained is building its own Layer-2 network for these “degen” tokens.
Think of it as a fast lane that lets traders swap tokens at high speed without incurring hefty gas fees.
Pepe Unchained’s whitepaper claims it can deliver transactions 100 times faster than Ethereum.
That could change the game in terms of how meme coins are traded.
The impressive staking rewards are also attracting Pepe Unchained investors, with APY’s currently set at 96%.
These huge yields and the Layer-2 plans have helped the project gain serious momentum on Twitter and Telegram.
So, while MOG found success tapping into meme culture, Pepe Unchained aims to tackle real challenges.
And many believe this will help PEPU explode once it hits the open market.