MOG showed an impressive 40% surge in the past week, making it a good time to provide an update on its progress and future outlook.
With a market cap currently sitting around $456 million, this meme coin is holding strong in a competitive market.
For a meme coin to maintain such a high market cap is a bullish sign, indicating it could potentially reach the $1 billion mark in the future.
Mog (MOG) price prediction
MOG previously hit an all-time high with its market cap peaking around $849 million, just shy of $1 billion. The asset continues to hold significant market levels, signaling strong support.
The market structure shows MOG forming a series of higher lows, indicating a bullish trend. After each pullback, MOG has consistently broken past previous highs, confirming its upward momentum.
On the daily chart, MOG has built a solid foundation with horizontal support levels marking a clear low-side floor. The asset has experienced notable pumps followed by healthy pullbacks, maintaining higher lows throughout its movement, which suggests the market structure remains robust.
Incorporating Fibonacci retracement levels into the analysis reveals key points of interest. The primary target for MOG is to surpass the 0.5 Fibonacci retracement level, around $0.51253.
Achieving this could ignite a bullish rally, pushing the price toward its all-time highs. The overall chart points to a macro bullish outlook, highlighting the asset’s strong potential.
MOG’s popularity continues to grow, further supported by positive reception within the NFT community. Its branding and website are well-executed, adding to its appeal. MOG’s listing on numerous centralized exchanges also enhances its accessibility for investors and traders.
Given these factors, MOG has a bright future, with significant potential for price appreciation. With its current momentum, the question arises: can MOG reach a billion-dollar market cap? The analysis suggests it is possible.
A strong community, solid market structure, and strategic positioning within the meme coin ecosystem make MOG a compelling asset to watch.
If you’re looking for investment opportunities that could offer big returns and increase in value during the next bull run, check out our guide here for the best crypto presales of 2024.
Altcoin with own layer 2 blockchain – Pepe Unchained
Pepe Unchained is an Ethereum Layer 2 blockchain that offers speeds 100x faster and lower fees compared to the main network. It comes with features like staking, an Ethereum bridge, a block explorer, and a decentralized exchange.
With over $15 million raised, the team recently announced plans to offer grants to developers, encouraging them to build on its network. This initiative could drive faster growth and help create a more complete ecosystem, promoting wider adoption.
The current presale price stands at $0.00985, but it will increase soon, with the next hike scheduled for the following day. The presale supports payments in both cryptocurrency and fiat, with options like ETH, USDT, and BNB.
Pepe Unchained — Groundbreaking Layer 2 Blockchain technology.
Welcome to the future of meme coins. 🐸 pic.twitter.com/iC9b6YSynT
— Pepe Unchained (@pepe_unchained) September 6, 2024
Pepe Unchained also introduced a developer grant program called “Pepe Frens With Benefits,” aimed at incentivizing developers to create apps on the Pepe Chain from day one. The grants cover various projects, including NFTs, DeFi, and gaming.
The ecosystem features a double-staking protocol, allowing $PEPU token holders to stake and earn up to 139% APY. Over 1.1 billion $PEPU tokens are already locked in the protocol, highlighting strong interest from investors.
Pepe Unchained has passed audits by Coinsult and SolidProof, adding to its credibility in terms of security. Its association with the Pepe the Frog meme also boosts its appeal, particularly among retail investors.
With all these elements coming together, Pepe Unchained is a project worth watching closely. It brings something unique to the market, and if the team delivers on its promises, the chances of success are high.
There is also growing speculation around $PEPU. Rumors suggest that the token may be listed on a decentralized exchange (DEX) before the year ends, with a potential centralized exchange (CEX) listing in the works.
To take part in the $PEPU token presale, visit pepeunchained.com.
Related
Could Mog Coin Survive the Market Dip as the FaZe Collaboration Ignites Hype, or Should Investors Shift to $PEPU for a Better Investment Option?
Fast-Growing Layer 2 ICO Pepe Unchained Hits $14.8M Mark: Next Big Meme Coin?
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