After rising by close to 9,000% in the last year, Mog Coin ($MOG) has established itself as a top 100 cryptocurrency in the market. $MOG has used its ability to cultivate and spread viral memes to reach a market cap of nearly $1 billion at its peak. Despite this, the future remains unclear as a result of its lack of utility, so this guide aims to forecast what could be next.
In this Mog Coin price prediction, we will take a detailed look at one of the most promising meme coins to launch in the past few years. Using both technical and fundamental analysis, we aim to find all the factors that may influence the price in the coming years.
Mog Coin Price Forecast 2024 to 2030 – Summary
Let’s dive straight into the main takeaways from our MOG price prediction:
- $MOG has surged by over 13,000% since its launch in July 2023 on the Ethereum network.
- We predict $MOG could rise to a new all-time high by the end of the year, hitting a price of $0.0000025.
- In 2025, we forecast Mog Coin could ride the crypto bull market to a potential high of $0.0000055.
- By 2030, we think $MOG will have gained further momentum and mainstream adoption, with the price climbing to a potential high of $0.00020.
Year | Potential Low | Average Price | Potential High |
2024 | $0.0000019 | $0.0000021 | $0.0000025 |
2025 | $0.0000030 | $0.0000042 | $0.0000055 |
2030 | $0.0000150 | $0.0000600 | $0.0002000 |
Mog Coin Token Price History
Mog Coin was launched on the Ethereum network in July 2023, trading at its all-time low of $0.000000004288 just days after its release. The token continued to trade below $0.000000005500 for the remainder of the year, before beginning to gain traction towards the end of February 2024. This came as the token gained notoriety for its memes and viral content.
The initial rally in price came after it was announced that the meme coin would be listed on the HTX crypto exchange in mid-March, sending the price to a high of $0.000001221 on the news. However, the price plunged to $0.0000004267 a month later, as traders moved to secure profits.
After several months of price volatility, a new all-time high was reached, after Kucoin joined HTX in listing $MOG on its platform, sending the price to a peak of $0.000002445.
Currently, $MOG has a market capitalization of $832 million, with a daily trading volume of $34.9 million. It has also become listed on several high-profile exchanges including Kranken and crypto.com.
Summarizing Mog Coin’s price journey:
- Mog Coin launched on the Ethereum blockchain in July 2023.
- The price traded at its all-time low of $0.000000004288 just days after its release.
- $MOG surged to a record high of $0.000002445 after being listed on KuCoin.
- The current Mog Coin price is $0.000001914.
- The current market cap is close to $900 million.
Mog Coin Token Price Prediction 2024
The last twelve months have seen $MOG go from a relatively unknown meme coin to now being one of the top 100 cryptocurrencies in the market. This has come as a result of its burgeoning community, which includes nearly 90,000 followers on X (Twitter), and 14,000 on Telegram and TikTok. Although it lacks utility, we’ve seen many exchanges like HTX and Kucoin list the token in recent months, helping to push the price of Mog Coin higher.
As the year progresses, investors will look to see if $MOG will gain more listings, from the likes of Coinbase, eToro, Binance, and other high-profile platforms. This would help boost the token price as over 100 million customers use these platforms, and should they have the ability to buy Mog Coin, the price will rapidly increase as a result.
That being said, our Mog Coin Price prediction for 2024 is for a price of $0.0000025, which would see the meme coin surpass its previous high of $0.000002445.
Mog Coin Price Prediction 2025
The future could be even brighter for the Mog Coin market in 2025, as the health of the global economy is expected to rapidly improve.
With interest rates set to continue to fall, we could see this lead to a shift from saving to investing. The Federal Reserve has already cut rates by 50 basis points in September and is expected to make more moves in the coming months. This could see investors increase their appetite for risk, and invest in tokens like $MOG as a result.
Additionally, although it launched on the Ethereum blockchain, Mog Coin also operates on the Base Chain. As the native network of Coinbase, which has over 43 million verified visitors, we could see $MOG make its way to the platform, should the Mog Coin project continue to gain viral traction. Surpassing the 100,000 follower mark on X (Twitter) could be the first step to being able to trade Mog Coin on Coinbase.
Taking all into consideration, our Mog Coin price prediction for 2025 is for a high of $0.0000055, at an average price of $0.0000042.
Mog Coin Price Prediction 2030
Looking towards the end of the decade and 2030, although there will likely be several waves of volatility, $MOG could still see a significant appreciation in price. We view that the token will be influenced by multiple factors, including the popularity of its trademark laughing cat with goggles meme.
Due to its lack of a roadmap, and utility, its main strength will be its popularity and general meme coin market sentiment.
However, rising popularity will unlikely be enough to see $MOG surpass a $1 billion valuation. To do that it will need a new surge of investors.
The drop in both inflation and interest rates will likely play a part in raising investor confidence and could drive a new wave of traders to MOG. Consumer prices across the globe will likely begin to fall, according to the IMF, which forecasts a 3.5% rate by the end of 2025. This will see retail investors have less pressure to meet the cost of living standards and have a greater ability to make investments due to greater disposable income.
We should also consider the growth in both the Base and Ethereum ecosystems in the coming years. Currently, $MOG is the third largest cryptocurrency on Base, behind fellow meme coin BRETT, and popular stablecoin USDC.
Some believe that Base Chain has the potential to lock in the next generation of crypto users. Due to its ability to leverage customer acquisition for Coinbase, the network could see an increase in traffic as a result. This in turn could help boost the value of meme coins like Mog Coin on the network.
Based on the above, our Mog Coin price prediction for 2030 is for a high of $0.00020, and a low of $0.000015.
Potential Highs & Lows of Mog Coin Price
Here’s an overview of our Mog Coin price forecast, including potential highs and lows the meme coin could hit in 2024, 2025, and 2030.
[u_table responsive=”yes”]Year | Potential Low | Average Price | Potential High |
2024 | $0.0000019 | $0.0000021 | $0.0000025 |
2025 | $0.0000030 | $0.0000042 | $0.0000055 |
2030 | $0.0000150 | $0.0000600 | $0.0002000 |
What Do Other Analysts Predict for Mog Coin?
Aside from our own Mog Coin’s price prediction, several other platforms and commentators have also provided their forecasts for the coming years. Here are some Mog Coin price predictions from some notable names in the crypto market.
Digital Coin Price is bullish and expects that $MOG will reach a high of $0.00000434 by the end of 2024, which is double the current price of $0.000001914.
Digital Coin Price
ConCodex is also optimistic and sees MOG’s price reach a high of $0.000008748 by January 2025, and a longer-term price of $?0.000005746 in 2030.
CoinCodex
AMBCrypto predicts that the highest point Mog Coin’s value will reach by the end of the decade is $0.0000078.
AMBCrypto
What is Mog Coin?
Similar to Dogecoin, SHIB, and other similar projects, Mog Coin was started as a joke, before gaining online traction. This led to $MOG launching on the Ethereum network in July 2023, and quickly gained momentum based on its laughing cat meme, and approach to Decentralized Finance (DeFi).
While it started as a fun, speculative token, Mog Coin quickly has become a fast-growing meme coin in the crypto world, mostly as a result of its strong online community.
Like many other meme coins, $MOG does not hold any utility. However, due to its viral meme, listing from major exchanges like Kucoin and Kraken has enabled followers to easily invest in the project. In total, there are 420.69 trillion $MOG tokens, of which 85% are currently in circulation. As of writing, it has a market cap of $832.33 million.
Mog Coin Overview
Cryptocurrency | Mog Coin |
Ticker Symbol | $MOG |
Price | $0.000001914 |
Price Change (24hr) | 2.49% |
Market Cap | $832,334,559.41 |
Circulating Supply | 420,690,000,000,000 |
Trading Volume (24hr) | $34,943,474.75 |
All-Time High | $0.000002445 |
All-Time Low | $0.0000000042880 |
What Factors Influence the Price of Mog Coin?
The price of Mog Coin is impacted by a range of factors including:
- Exchange listings: One of the main reasons for the rise of $MOG has been listings from HTX, KuCoin, Kraken, and other major exchanges. Should it start to receive attention from the likes of Coinbase and Binance, this could surge even further.
- Meme coin market volatility: Meme coins are among the most volatile sectors of the wider crypto market. We could see $MOG experience similar pressures to its contemporaries, and have its value tied to the larger meme coins like DOGE, PEPE, and SHIB.
- Community sentiment: Due to its lack of utility, community sentiment will be key in the price action of $MOG. As community views shift for the better or worse, this will likely result in a major change in the price.
- Profit-taking: Profit-taking has already been present in Mog Coin’s short history. As we saw when the price fell to $0.0000004267, a month after rising to $0.000001221 following news of its HTX listing. This type of profit-taking will likely reoccur in the future, so it is important to note.
Conclusion
As you can see from this $MOG price forecast, there has been substantial price growth in the past year, with more to come in the future. Despite lacking in utility and any firm roadmap, Mog Coin is being driven by a strong community ecosystem. This includes the listings it has been receiving from multiple crypto exchanges, with more likely on the way. Additionally, its links to the Base Chain and the Ethereum blockchain are also contributing to its rapid rise, due to the infrastructure provided by these networks.
Irrespective of the positives, it must be noted that there is a lot of volatility in the meme coin market, as such it is imperative that you do your research before making any investment in $MOG or any crypto. For more information on some of the best cryptos to buy in 2024, see our guide below.
FAQs
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References
- Fed officials hint at more rate cuts (Reuters)
- IMF says global inflation crisis could be over ( WashingtonPost)
- Base Chain could lock in the next-gen of crypto users (Yahoo)
Eliman Dambell
EditorEliman was a news writer and editor at Bitcoin.com, FXStreet and Investing.com. He commentates on various markets, including Crypto, Stocks and FX.