Mog Coin Rockets 41,000%, Aims for New All-time High

For much of its first year on the market, Mog Coin looked like a meme coin that never took off. The token started trading at $0.0000000165 in July 2023

Mog Coin ($MOG) has had an explosive year in 2024, rewarding investors who have held onto their $MOG from the beginning with returns of more than 41,000%. The token is now up to a $625 million market cap, making it the 8th-largest meme coin on the market.

But while $MOG’s astronomical gains are certainly exciting, meme coin traders are already moving on to look for the next millionaire-making token. Many think they may have found it in PlayDoge, a new play-to-earn meme coin in the middle of a red-hot presale.

Mog Coin Rockets 41,000%, Aims for New All-time High

For much of its first year on the market, Mog Coin looked like a meme coin that never took off. The token started trading at $0.0000000165 in July 2023 and didn’t budge much in price all the way through February 2024.

Then, in March, Mog Coin caught some excitement from the Solana meme coin frenzy and took off like a rocket. The price of $MOG exploded to $0.0000017 in the space of 10 days, a nearly 100x gain for early investors. After a brief cooling-off period, $MOG pumped again in May and even higher in June, ultimately hitting an all-time high of $0.000002095.

For investors who bought $MOG at the start and never gave up on this token, that meant a gain of 41,000% from their initial purchase. This meme coin is just the latest in a long string of meme coins to mint new crypto millionaires.

Now, $MOG is pumping again, and it looks to be headed for a new all-time high. $MOG is trading at $0.000001736 and has strong upward momentum, plus nearly $38 million in daily trading volume.

Whatever the future holds for $MOG, though, it’s likely that the token’s biggest gains are behind it. Even if $MOG caught up to $PEPE, the 3rd-largest meme coin by market cap, investors today would only earn a 6x return on their trade.

The biggest gains are in meme coins that haven’t yet been discovered—and many traders think they’ve found the next big, undiscovered gem in PlayDoge.