Mog Coin Price Prediction: MOG Is Top Meme Coin Gainer With a 52% Pump, But This Competitor Offers A 597% Staking APY

The Mog Coin price jumped 52% in the last 24 hours to trade at $0.0000008992 as of 4:45 a.m. EST on trading volume that dropped 18% to $23.4 million.

The MOG weekly chart shows a massive 132% surge as it joined the Bitcoin-led rally that brought the world’s largest cryptocurrency to a new all-time high on March 5. The surge placed MOG as the top meme coin gainer as it surged to its own all-time high just hours ago when it hit $0.000001001.

Prior to that, the project also reached 10,000 active on-chain users, as reported by Tubby Cats.

happy tubby tuesday based moggers!!

to commemorate 10,000 cousins mogging onchain, tubby cats have brought the mog tubby to life and airdropped a 3D mogging tubby to the first 10,000 $MOG holders on the @base network!!

stay winning moggers

HIGHER ???????? pic.twitter.com/fiKazt2cte

— tubby cats (@tubbycatsnft) March 5, 2024

Mog Coin Price Prognosis

Mog Coin saw a massive price increase, even managing to reach a new ATH. However, many among the traders are wondering where will the token’s price go next. According to technical indicators, MOG still has some room left to grow, as multiple indicators suggest.

For example, the token’s Bollinger bands have seen a massive widening, currently at their widest point in months. This is typically a very bullish signal, especially with the price at the upper band.

However, note also that wider bands also indicate greater volatility, so while this is good for making profits from buying low and selling high, it also comes with certain risk.

However, when it comes to the token’s Relative Strength Index (RSI) level, the chart above shows that it has reached an overbought zone, and not for the first time in the past 10 days.

But, even this high, RSI value still has some room to grow, especially now, when most traders are buying due to a market-wide rally, rather than because technical indicators suggest so.

Still, those who do pay attention to signals and indicators may decide to take profit, rather than wait for the price to start dropping. Of course, if enough of them start cashing out, this will, indeed, push the price further down.

But, with the wider crypto market still being bullish, this will likely only cause a small correction, causing traders to move in to buy the dip, only to push the price back up.

Potentially, MOG could break even the new ATH and reach a whole new record in days, or potentially even hours to come. At this time, numerous indicators such as oscillators and moving averages suggest that it is a time to buy, which is why MOG price is likely to challenge the resistance at $0.0000010 once again in the near future.

Promising Alternative to Mog Coin

While Mog Coin’s community continues to push the token and pump its price, MOG is not the only meme coin that is considered hot right now. Another option for opportunity seekers is Sponge V2 (SPONGE).

As the name suggests, this is the new version of Sponge (SPONGE), which launched in 2023. At the time, the project saw a massive 100x pump, which cemented its place in crypto history.

However, its developers realized that they can make the project even better and help it grow larger, which is why they discontinued the original Sponge, only to launch the new version.

This is what happens when you miss out on #SpongeV2 ????‍♂️????$SPONGE #PEPE #DOGE #SHIBA #100x #Bullish #Crypto #MemeCoin pic.twitter.com/EJwBFTM5FJ

— $SPONGE (@spongeoneth) February 22, 2024

All SPONGE V1 tokens were bridged to the new version, and community members who missed out on the original pump now have an opportunity to buy Sponge V2 tokens.

The tokens are available in exchange for ETH and USDT, and once you have them in your possession, you can also stake them in order to earn even more rewards of 597% annually.

That’s a key reason why crypto analyst Jacob Bury says the token has the potential to explode on launch.

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So far, more than $17 million has been staked and bridged. If you are interested in investing in Sponge V2, act quickly because there are rumors it may soon list on major exchanges.

Visit SPONGE here.

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