Mog Coin's Majestic Move: MOG Mustered Momentum Marks at 19%

Mog Coin’s Majestic Move: MOG Mustered Momentum Marks at 19%

Updated: 07 September 2023

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Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

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Mog Coin’s daily chart shows a strong bullish momentum after posting a 19% gain. Buyers are accumulating, expecting more gains, with trading volumes jumping by 59% to $1.37 million.

MOG has posted intense volatility in the last 24 hours, with the price increasing from $0.0000000262 to $0.0000000376.

MOG has failed to overcome resistance at $0.000000037 and has dropped to trade at $0.0000000351 at the time of writing.

Several catalysts are driving MOG’s recent gains. The first is the recent Twitter Spaces event, where the team discussed the roadmap.

🚨 we’re live 🚨https://t.co/ZHbcBsH9I2

— MOKSA (@MOKSHA_256) September 7, 2023

The discussion revolved around creating a robust community and securing new collaborations to boost the project’s growth.

Mog Coin also continues to receive mentions on Twitter. Memecoins are usually speculative and tend to gain whenever there is chatter about them, which could also happen with Mog Coin.

$MOG has created internet meme culture. This is the tweet anon

— Bandit (@BanditMfer) September 6, 2023

Mog Coin Price Trending Up

The 24-hour chart shows a massive uptrend for MOG.

Its lowest price in the last 24 hours is $0.0000000263. It has been creating higher highs during the day because of buying pressure.

Despite the recent gains, MOG remains down by 31% in the last seven days. Its seven-day high of $0.0000000502 was created on August 31 and is currently trading at weekly lows.

For this uptrend to continue, MOG must rally again past $0.000000036. Once it surpasses these levels, MOG will move to $0.000000040, last created on September 3.

If the rally fails, MOG will drop below the critical support of $0.000000025, after which it will trade at a monthly low of $0.000000022.

Mog Coin Posts Bullish Sentiment

Mog Coin’s price indicators show a bullish momentum.

The Relative Strength Index (RSI) level is at 59, indicating that buyers have been piling up. The movement of the RSI line also shows accumulation by buyers.

However, the RSI line is stagnating, indicating a pivotal movement where the trend might start reversing once selling activity starts.

The Moving Average Convergence Divergence (MACD) line further shows the strength of the bulls. The MACD histograms are also on the green, making a case for the bulls.

BTCBSC Token Sale Goes Live With $130K Raised

The BTCBSC presale has raised $130K barely two days after launch. The project allows early investors to purchase BTCBSC at a low price of just $0.99 each, where Bitcoin last traded in 2011.

Bitcoin BSC is a BEP-20 version of Bitcoin with staking rewards for investors. The project has some fundamental differences from Bitcoin. It was created on the Binance BNB Chain, which allows it to support smart contracts.

Those who purchase BTCBSC can stake the token to validate transactions on the blockchain. Therefore, they can earn rewards without relying on traditional Bitcoin mining.

According to the whitepaper, BTCBSC has a total supply of 21 million tokens, similar to Bitcoin. The presale will see 6,125,000 tokens being made available for purchase during the presale. The remaining supply of 14,455,000 tokens has been set aside for staking rewards.

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