Key Takeaways
The MOG token was launched in July 2023 and reached its initial all-time high the following month. After a six-month consolidation period, MOG broke out of its triangle pattern and began accelerating its rate of increase. Since the start of the year, MOG has surged and reached an all-time high in November.
Despite its name, Mog Coin is actually a token, not a coin. This is because it is based on the Ethereum (ETH) blockchain.
On Nov. 22, 2024, Mog Coin was worth about $0.00000285.
But what is Mog Coin (MOG)? How does Mog Coin work? Let’s see what we can find out and also take a look at some of the Mog Coin Price Predictions that were being made as of Nov. 22, 2024.
Let’s examine some of the Mog Coin price predictions CCN made on Nov. 22, 2024. It is crucial to remember that price forecasts, particularly for a potentially volatile asset like cryptocurrency, often turn out to be inaccurate.
Minimum MOG Price Prediction | Average MOG Price Prediction | Maximum MOG Price Prediction | |
---|---|---|---|
2025 | $0.00000032 | $0.0000004 | $0.00000048 |
2026 | $0.00000366 | $0.00000421 | $0.00000442 |
The most likely wave count suggests that MOG is in the fifth and final wave of an upward movement that started in July 2023.
If wave five has the same length as wave one, the price will reach a new all-time high of $0.0000158. Using the Fib Time Zone tool, we can predict that the high will be reached in March.
Afterward, the MOG price is likely to undergo a lengthy correction that retraces part of the five-wave increase.
If that has the same length as the upward movement, it will end with a low of $0.000001 in October 2026. We will consider this the MOG price prediction for the end of 2026.
During these projected upward and downward movements, the wave count method gives targets of $0.00000040 and $$0.00000010 for the end of 2025 and 2026, respectively.
Since MOG’s price history is roughly one year old, we cannot confidently make a prediction for the end of 2030.
The wave count method gives a MOG price prediction range between $0.00000032 and $0.00000048 for the end of 2025.
The wave count method gives a MOG price prediction range between $0.00000008 and $0.00000012 for the end of 2025.
The weekly time frame chart shows that MOG has traded inside an ascending parallel channel since February.
While these channels usually contain corrective movements, MOG is in the channel’s upper portion, making a breakout more likely.
The channel’s resistance trend line is at $0.000004.
Additionally, technical indicators are bullish. The Relative Strength Index (RSI) and Moving Average Convergence/Divergence (MACD) are both increasing and above their bullish threshold, making it likely that the price will breakout.
This also fits with the long-term bullish count.
The MOG price prediction for the next 24 hours is bullish. The price will likely increase toward the channel’s resistance trend line at $0.0000040. The reaction there will determine if the long-term trend is bullish or bearish.
The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days. A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility. Since ATR values can be higher for higher-priced assets, normalize ATR by dividing it by the asset price to compare volatility across different price levels.
On Nov. 22, 2024, Mog Coin’s ATR was 0.0000003948, suggesting relatively high volatility.
The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold. Movements above 70 and below 30 show over and undervaluation, respectively. Movements above and below the 50 line also indicate if the trend is bullish or bearish.
On Nov. 22, 2024, the Mog Coin RSI was at 62, indicating bullish conditions.
The CCN Strength Index combines an array of advanced market signals to measure the strength of individual cryptocurrencies over the last 30 days.
Every day, it assigns a strength score, ranging from 0 to 100, to the top 500 assets by market capitalization on CoinMarketCap, focusing on both trend direction and the intensity of price movements.
The index dynamically adapts to rapid changes. For example, an asset experiencing a 100% increase within a short timeframe would see a sharp jump in its score to reflect the intensity of the rise.
However, should that asset stabilize at this new price level, the score will gradually taper down and align with the dampened momentum as the movement normalizes. The same principle applies to rapid declines: a sudden drop will spike the score downward, but as volatility decreases, the score will slowly adjust back up.
On Nov. 22, 2024, Mog Coin scored 48.5 on the CCN Index, suggesting relatively strong momentum.
We looked at the Mog Coin price history and found the best times to buy MOG.
Day of the Week | Wednesday |
Week | 9 |
Month | February |
Quarter | First |
MOG is a memecoin, so let’s compare it to other cryptos in the same category.
Let’s now examine some of the key dates in the Mog Coin price history . While past performance should never be taken as an indicator of future results, knowing what the coin has done can give us some very useful context when making or interpreting a Mog Coin price prediction.
Time period | Mog Coin price |
---|---|
Last week (Nov. 15 2024) | $0.000001411 |
Last month (Oct. 22, 2024) | $0.000002167 |
Three months ago (Aug. 22, 2024) | $0.000001227 |
Last year (Nov. 22, 2024) | $0.00000002629 |
Launch price (July 21, 2023) | $0.00000001648 |
All-time high (Nov 16 2024) | $0.00000298 |
All-time low (July 22, 2023) | $0.00000002163 |
The market capitalization, or market cap, is the sum of the total number of MOG in circulation multiplied by its price.
On Nov. 22, 2024, Mog Coin’s market cap was $1.11 billion, making it the 76th-largest crypto by that metric.
On Nov. 22, 2024, one wallet held more than 7.5% of MOG supply.
As of Nov. 22, 2024, the five wallets with the most MOG were:
Supply and distribution | Figures |
---|---|
Maximum Supply | 420,690,000,000,000 |
Circulating supply (as of Nov. 22, 2024) | 390,567,526,433,216 (92.84% of total supply) |
Holder distribution | Top 10 holders owned 25.9% of supply as of Nov. 22 2024 |
MOG Coin hasn’t published its whitepaper yet.
Mog Coin is a new digital currency that has quickly gained traction in the decentralized ecosystem. MOG started as a playful meme among friends and was launched in the summer of 2023. The project allows people to participate in a fair launch through Uniswap V2 LP.
It stands out with its core philosophy, which includes a seamless cosmic donation, a strong cultural foundation that provides clear and detailed information, and a mindset that anyone can apply its strategic approach to everyday life situations. The name “Mog” originates from AMOG, representing an alpha male group. The brand symbol, the joycat, reflects this playful and inclusive spirit.
$MOG is the ERC-20 native token of the Mog ecosystem, serving as the primary medium of transaction within the community. Users can utilize $MOG tokens to purchase items and services within the ecosystem.
Additionally, the token can be used to bridge between Bitcoin and Ethereum through Multibit. The $MOG token can also be deployed on the BRC20 network, offering users a two-way bridge for enhanced flexibility.
It is hard to say. The token has performed well recently, riding a wave of enthusiasm that has brought it to an all-time high, but we still don’t know what it will do next.
Something else worth pointing out is that, at the time of writing (Nov. 22, 2024), Mog Coin does not have proper technical documentation or a whitepaper. This could potentially put investors off MOG.
As always with crypto, you should do your own research before deciding whether or not to invest in MOG.
No one can really tell right now. While the Mog Coin crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind that prices can and do go down and up.
Before deciding whether to invest in Mog Coin, you will have to do your own research, not only on MOG but on other coins and tokens such as Shiba Inu (SHIB). Either way, you must also ensure you never invest more money than you can afford to lose.
Technical analysis by Valdrin Tahiri.
This seems to be impossible right now. The $MOG token is the native currency of the Mog ecosystem, facilitating transactions within the community. Users can utilize $MOG to purchase items or services. Additionally, the token can bridge between Bitcoin and Ethereum via Multibit and be deployed on the BRC20 network, providing a seamless two-way bridge for users.Will MOG reach $0.1?
What is Mog Coin used for?