MOG Coin Has Dropped 80% From Its All-Time High. Is It a Good Time to Buy Now?
The image of MOG coin is a cat wearing sunglasses, and the cultural foundation of MOG coin is deeply rooted in the core concept of “easy cosmic domination”, advocating a positive and confident attitude towards life. Whether it is personal growth or community development, MOG coin encourages members to actively pursue excellence and be the best version of themselves. From scratch, MOG coin has organically built its own community with one goal: to become a defining cultural force in the crypto eco.
According to the market data from Gate.io, the current price of MOG coin is $0.000000813, with a 24-hour fall of 8.5%. The current circulating market value of MOG coin is $316 million, ranking 153rd in the overall market. By the end of 2024, MOG coin reached a peak market value of $1.5 billion, and it has fallen by nearly 80% from its historical high. As a star meme coin issued on the Base chain, the future of MOG coin is still worth looking forward to.
MOG coin market analysis
Trading data
Current Price: 0.000000813 USDT
24-hour Price Change: -8.55%
24-hour Highest Price: 0.000000891 USDT
24-hour Lowest Price: 0.000000778 USDT
24-hour Trading Volume: 2,103,570,659,073.9 MOG coin
24-hour Capital Inflow: 4,532,431 USDT
Market Sentiment: Fear Index is 44, indicating a fearful market sentiment.
Support and Resistance Levels
Support level: 0.7886 USDT
Resistance level: 0.8318 USDT
Trading Strategy Suggestions
Strategy 1: Short-term rebound trading
- Direction: Bullish
- Entry price: 0.00000078 USDT (close to support level)
- Stop-loss Price: 0.00000075 USDT
- Target price: 0.00000083 USDT (close to the resistance level)
Reasons and characteristics: The current price is close to the support level, and market sentiment tends to be fearful, which may lead to a rebound. The fund flow shows a small net inflow, indicating that funds are trying to enter the market. The target price is set near the resistance level, suitable for short-term trading.
Strategy 2: Breakthrough Trading
- Direction: Long
- Entry price: 0.00000083 USDT (after breaking the resistance level)
- Stop Loss Price: 0.00000080 USDT
- Target price: 0.00000090 USDT
Reasons and features: If the price breaks through the resistance level of 0.00000083 USDT, it may trigger more buying orders and form an upward trend. Set the stop loss at 0.00000080 USDT to control the risk. The target price is set at 0.00000090 USDT, considering the possible upward space.
Future Outlook
In the previous cryptocurrency bull market, meme coins such as DOGE and SHIB stood out with their entertainment value, storytelling, and low market value, becoming the focus of the market under the promotion of celebrities like Musk. As a newly popular animal-themed meme coin, cat meme coins have even greater potential for explosive growth compared to dog meme coins.
With the continuous heat of various meme projects on various chains, the meme track has changed from a short-lived trend to a long-term trend. Meme has never been a solo enjoyment, but a carnival of people. Under consensus, the MOG coin project is leading the new trend of the meme sector with its unique creative origin, profound cultural core, innovative token design, and strong community building capabilities.
