Mog Coin (MOG) Emerges as a Top Performer, Soaring 24% to a One-Month High of $0.00000177

Mog Coin (MOG) emerged as one of the top performers in the past 24 hours. The token shot up by 24% to a one-month high of $0.00000177 today

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Mog Coin (CRYPTO: MOG) emerged as one of the top performers in the past 24 hours. The token shot up by 24% to a one-month high of $0.00000177 today amid the significant recovery of other meme coins such as dogwifhat (CRYPTO: WIF) and Popcat (CRYPTO: POPCAT).

Mog Coin witnessed a 24% top in the past 24 hours from a $0.00000142 low to a $0.00000177 high. Its latest price action marked its highest since exactly a month ago.

As of 11:00 AM UTC, MOG continued to hover around the $0.000001689 range to lock in roughly 18% of its one-day gain. Along the way, the crypto asset’s trading volume rose by a whopping 151% as $25.44 million worth of its supply moved across DeFi wallet addresses. The considerable jump in investor interest in MOG elevated the market cap of its 390.57 trillion tokens in circulation to $659.92 million.

The value of MOG has significantly grown since its introduction a little more than a year ago. So far, its prevailing rates represented around a 13% gain in a week, a 133% increase in a month, and an astonishing 6833% climb in a year.

Mog Coin’s all-time high was $0.000002445 three months ago. At this point, it’s trading 30% below those numbers.

Mog Coin Continues To Capitalize On Strong Community Support, Social Media Presence

Without important announcements in its ecosystem today and Bitcoin’s (CRYPTO: BTC) sluggish journey back from nearly $64K to $62K, MOG still managed to become the top performer in the crypto market.

Its price trend somehow aligned with investors’ sudden increase in risk appetite toward other animal-themed meme coins like WIF and POPCAT, which have rallied between 18% and 20% from their one-day support.

TradingView’s “Strong Buy” overall recommendation in the daily chart also helped push positive investor sentiment toward MOG. The platform’s commonly used moving averages (MA) and oscillators all pointed to a “Buy” signal in the token’s one-day chart.

MOG’s Relative Strength Index (RSI) based on its price movement was only treading under 65 during the same period, which was roughly five points below the overbought line of 70. The latter fuels hope that there could still be more room left for MOG’s further rally.

Even the meme coin’s one-week chart had “Buy” written all over it.

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