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Mog Coin Price Prediction 2024: MOG Price Analysis

Last Updated July 2, 2024 10:18 AM
Giuseppe Ciccomascolo
Last Updated July 2, 2024 10:18 AM

Key Takeaways

  • Mog Coin launched its MOG token in July 2023. 
  • The price has notably increased since its launch despite remaining under $0.01. 
  • What’s next for MOG?
  • One Mog Coin price prediction says it can reach $0.00000442 in 2025. 

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 by 4,600%.

Despite its name, Mog Coin is actually a token, not a coin. This is because it is based on the Ethereum (ETH) blockchain.

Mog Coin did not respond to a request for comment.

On July 2, 2024, Mog Coin was worth $0.000001738.

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 July 2, 2024.

Mog Coin Price Prediction

Let’s examine some of the Mog Coin price predictions CCN.com made on July 2, 2024. It is crucial to bear in mind 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
2024 $0.00000153 $0.00000355 $0.00000374
2025 $0.00000366 $0.00000421 $0.00000442
2030 $0.0000115 $0.0000124 $0.0000126

Mog Coin Price Prediction for 2024

If the positive momentum continues and MOG breaks above its moving averages, it could reach targets between $0.00000153 and $0.00000374 by the end of 2024, with the average price set at $0.00000355.

Mog Coin Price Prediction for 2025

Technical analysis suggests a potential increase for Mog Coin in 2025. The minimum MOG price expected for 2025 is $0.00000366 while the maximum one is $0.00000442. In the middle, it may reach $0.00000421.

Mog Coin Price Prediction for 2030

Based on technical analysis, the MOG token may reach a maximum level of $0.0000126 at the beginning of the next decade, while, in the worst scenario, it may go to $0.0000115. The average expected price is $0.0000124.

Mog Coin Price Analysis

In March, May, and June, MOG created higher highs, reaching an all-time high of $0.0000021. Although these highs were accompanied by a bearish divergence in the weekly RSI (green), the MACD remains in positive territory and continues to trend upward.

A closer examination of a lower time frame can help determine the future trend’s direction. The daily chart shows that since May 2024, MOG has been moving within an ascending parallel channel, which typically indicates corrective movements. The long upper wicks near the channel’s resistance line and the bearish divergence in the MACD (green) support this negative sentiment.

Mog Coin price analysis
Mog Coin price analysis. | Credit: Giuseppe Fabio Ciccomascolo/Investing.com

However, the price action, with MOG at an all-time high, does not align with a typical corrective structure. Additionally, the RSI is increasing and has not shown any bearish divergence.

Due to these conflicting signals, the future trend of MOG will depend on whether it breaks out of the channel or faces rejection. A breakout could trigger an increase to $0.0000025, while a rejection may lead to a drop to the channel’s midline at $0.0000016.

Short Term Mog Coin Price Prediction

According to our current Mog Coin price prediction, the price is expected to increase by 233.47%, reaching $0.00005952 by August 1, 2024. Our Mog Coin price prediction for the next 24 hours shows a Bullish sentiment, with the Fear & Greed Index at 51, indicating a neutral market sentiment. Over the past 30 days, Mog Coin has had 15 out of 30 (50%) green days, with a price volatility of 26.73%. Based on this forecast, it is currently a good time to buy Mog Coin.

Our technical analysis also predicts that Mog Coin’s 200-day SMA will rise to $0.00001075 by August 1, 2024, while the short-term 50-day SMA is estimated to reach $0.00002581 by the same date.

The Relative Strength Index (RSI), a momentum oscillator, currently stands at 67.36, suggesting that the Mog Coin market is in a neutral position, not indicating overbought or oversold conditions.

Mog Coin Price Performance Comparisons

Current Price One Month Ago Price Change
Mog Coin $0.000001738 $0.000001369 +25%
Pepe $0.00001144 $0.00001455 -21%
Book of Meme $0.009768 $0.01324 -26%
Brett $0.165 $0.1124 +47%

Mog Coin Price History

Let’s now take a look at some of the key dates in the Mog Coin Network price history . While past performance should never be taken as an indicator of future results, knowing what the coin has done can help give us some very useful context when it comes to either making or interpreting a Mog Coin price prediction.

Mog Coin price history
Mog Coin price in 2023 and 2024. | Credit: CoinMarketCap

 

Time period Mog Coin price
Last week (June 25, 2024) $0.000001411
Last month (June 2, 2024) $0.000001369
Three months ago (April 2, 2024) $0.0000005335
Launch price (July 21, 2023) $0.00000001648
All-time high (July 1, 2024) $0.000001918
All-time low (July 21, 2023) $0.00000001648

Who Owns the most Mog Coin (MOG) Tokens?

On July 2, 2024, one wallet held 7.71% of MOG supply.

Richest MOG Wallet Addresses

As of July 2, 2024, the five wallets with the most MOG  were:

  • 0x000000000000000000000000000000000000dead. This wallet held 30,122,473,566,783 MOG, or 7.71% of the total supply.
  • 0x46821532292560e52a082fe1276b1a9f3c0c8185. This wallet held 11,115,106,517,425 MOG, or 2.85% of the total supply.
  • 0xf3b0073e3a7f747c7a38b36b805247b222c302a3. This wallet held 9,948,714,306,658 MOG, or 2.55% of the total supply.
  • 0x9b22820dc67d3da21ca4e66ca0cd220fc2e8fa25. This wallet held 9,833,333,333,334 MOG, or 2.52% of the total supply.
  • 0x6e9668947b85be6116b893ac8a8b17df00f28432. This wallet held 6,608,640,867,251 MOG, or 1.69% of the total supply.

Mog Coin Supply and Distribution Fact Box

Supply and distribution Figures
Total supply 420,690,000,000,000
Circulating supply (as of July 2, 2024) 360,447,686,344,656 (86% of total supply)
Holder distribution Top 10 holders owned 20% of supply as of July 2, 2024

From the Mog Coin Whitepaper

MOG Coin hasn’t published its whitepaper yet.

What Is Mog Coin?

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 enables individuals 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.

How Mog Coin Works

$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 bridged 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.

Is Mog Coin a Good Investment?

It is perhaps a little too early to tell. While the token has generated interest since it came out in July 2023, we don’t know how much of a take-up it will have. One thing to note is that it largely seems to have followed the market. 

Something else worth pointing out is that, at the time of writing (July 2 2024) there is no proper technical documentation, or whitepaper for Mog Coin. This is the sort of thing that could, potentially, put investors off MOG.

As ever with crypto, you will need to make sure you do your own research before deciding whether or not to invest in MOG.

Will Mog Coin go up or down?

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, too, that prices can, and do, go down as well as up. 

Should I invest in Mog Coin?

Before you decide whether or not 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 The Graph (GRT). Either way, you will also need to make sure that you never invest more money than you can afford to lose.

Mog Coin Attention Tracker

Mog Coin Google search volume
Mog Coin Google search volume. | Credit: Google

Here is a chart for the Mog Coin Google search volume for the past 90 days. This represents how many times the term “Mog Coin MOG” has been Googled over the previous 90 days.

FAQs 

How many Mog Coin are there?

As of July 2, 2024, there were 360.45 trillion Mog Coin, out of a total supply of 420.69 trillion.

Will MOG reach $0.1?

This seems to be impossible right now.

What is Mog Coin used for?

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.

Disclaimer 

Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

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