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Mog Coin’s price movement over the past week has seen a steady downtrend. On August 30, MOG was trading at $0.0000000579. It has since dropped to the current level of $0.000000029.
The bearish momentum has persisted in the last 24 hours, as MOG has dropped by 12%. MOG is currently down by 49% over the past week.
The 30-day chart paints a different picture, as in mid-August, MOG was on a steady rally that saw it trade higher.
On August 18, as a crash was witnessed across the broader market, MOG rallied to an all-time high of $0.000000109. It has since dropped by 73% from these levels.
MOG Continues to Post Losses – Trend Reversal Likely?
MOG has steadily declined recently, with the token forming lower lows. However, interest from traders remains high as trading volumes are up 19% in the last 24 hours, recording around $847,000.
If the bearish momentum continues, traders should watch out for a critical resistance level at $0.0000000214. If MOG fails to remain above this level, it will likely drop below $0.00000001.
The Moving Average Convergence Divergence (MACD) line on the negative side confirms a bearish trend.
On the other hand, the Relative Strength Index at 34 shows selling activity. The RSI line is tipping south, showing that bearish momentum will continue.
Mog Coin Secures Celebrity Endorsements
Mog Coin is attracting celebrity endorsements on Twitter, which could trigger the community’s growth.
The project has received endorsement from Schizoloid Transmission System v.3 on Twitter. The user described the unique attributes of MOG, saying that the project was working on growing a large community while boosting cultural engagement.
The Potential of $MOG: The Rising Star
Curious about the buzz surrounding $MOG?
In this thread, we'll explore why $MOG is capturing the spotlight, its cultural relevance, and the powerful community driving its remarkable momentum.— Inc. (@postretardism) August 5, 2023
The user also noted that MOG had a vast market presence, creating a market cap of around $12 million before listing on top exchanges. The fast growth shows the community’s dedication to propelling MOG’s growth.
According to one Twitter user, MOG was one of the meme coins to watch out for as it generated a cult-like following just a short while after launch. The user noted that the coin could unite the Web3 industry.
How often does a memecoin come along that has cult following, becomes a new word in the lexicon, has the ability to unite the entire nft space, has instagram/tiktok virility built-in, gives the community endless content generation with ease and is relatable to normies? In 3… pic.twitter.com/8XVB8gBnRv
— brah ( dad arc ) (@lohohoski) September 2, 2023
Mog Coin is also growing its presence across the crypto industry because, on August 23, the MOG team announced the token’s listing on Open Exchange. MOG perpetual futures are now available on the exchange.
Thank you to our friends at @OPNX_Official for honoring the poll and listing perpetual futures of us. Go check out their platform and sign up if you want to $MOG the order books!
This Is Just The Beginning 🐂🎯 https://t.co/dYMPux2NgR
— MOG COIN (@MogCoinEth) August 23, 2023
Fewer Than Three Weeks Before Wall Street Memes Presale Closes
The Wall Street Memes presale has only 20 days left before closing. The presale has already raised more than $25 million.
1 WSM token is trading at $0.0337 during the presale, and the team already has multiple tier 1 exchange listings lined up once the presale closes. These listings could see the price rally higher.
The Wall Street Memes project stems from the Wall Street Bets community that saw retail traders triumph over Wall Street giants. WSM is tokenizing this movement and seeks to empower the community at every step.
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