Ethereum Meme Coin (MOG) Nears All Time High as Coinbase Announces Listing

Image: Twitter @MogCoinEth

After Coinbase’s announcement on Tuesday, the American crypto exchange will list MOG for trading, the Ethereum-based MOG token rose over 20% within an hour. 

MOG has now traded at $0.00000243. This puts it below the $1 billion mark and within the top 150 coins by capitalisation. CoinGecko has collected data on the following:.

It is referred to as a coin that has the basis of “effortless cosmic domination,” MOG gained prominence at the beginning of 2024. The market cap jumped up from about $50 million in February to over $475 millions by mid-March.

Often used with the laughing-cat and finger-pointing emojis it has grown along with the success of meme coins, achieving a market cap of $1 billion in November, 2024.

Though MOG was launched on Ethereum’s layer-1 mainnet, Coinbase's MOG is to be traded in Base, Layer-2 Solution The traders can now enjoy lower charges and faster transactions. 

Coinbase also announced on Tuesday that the Solana based meme coin MooDeng, (MOODENG), had been added to its roadmap. The listing of its listings has been updated The coin’s value increased by more than 80 percent on Monday.

Coinbase has not yet provided any official information on when it plans to list major meme currencies like PEPE or WIF, but recent listings of popular coins such as PEPE and WIF have been made just a few hours after Coinbase announced its intentions.

Meme coins Tokens are usually based on cultural references or major events. According to CoinGecko, they have grown in popularity this year.

MOG, which is ranked #10 in CoinGecko’s latest meme coin rankings by market capital, was 16.5% away from its record high as of the date this article was written. The coin previously traded at $0.01 The top 100 crypto tokens by market capitalization.

Andrew Hayward edited the book

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