MOCA crypto has surged more than 20% overnight following its expansion to Base chain

Omni-chain network token MOCA crypto has surged more than 20% overnight following its expansion to Base chain earlier this month. It follows a strong month for MOCA, which has been exposed to a fresh user base and liquidity pool with its addition to Base.

According to CoinGecko, it is one of the ‘Top Gainers’ today, along with VIRTUAL (18.7%), PUNDIX ( 26.5%), and XMW (18%).

Excited to announce that $MOCA is now live on @base.

This expansion supports our mission to unlock broader utility for $MOCA across ecosystems and scale onchain identity infrastructure. pic.twitter.com/r2xBpJlx8

— MOCA Coin (@MOCAFoundation) April 16, 2025

What Is The MOCA Crypto?

MOCA is the token that powers the Moca Network. It is billed as ‘an interoperable cultural economy of partner subnets’. A subnet is a smaller, independently managed network operating within or alongside a larger, primary blockchain network. In this case, the Moca network is the primary blockchain.

The Moca team are building a network of subnets around specific areas such as music, sports, gaming, education and governance. MOCA is the token for the whole network and is built on the LayerZero V2 protocol.

Its native token serves many functions on the network, from a form of payment currency to transaction fees and governance voting for the Moca DAO.

Another area where the MOCA token can be used is for the ‘Proof-of-Loyalty’ program. This allows users to stake MOCA for ecosystem rewards while also using the token to access launchpad presales for new projects launching on the Moca Network.

These many use cases for the token have helped propel it forward during the wider crypto rally this month. Since the fallout of President Trump’s tariff announcements at the beginning of April, MOKA has been one of the stronger performers.

It has climbed over 50% from the monthly lows, going from $0.066 on April 7 to its current price of $0.01. MOKA is currently the 230th largest digital asset by market cap, valued at around $230 million.

(COINGECKO)

Strong Fundamentals And A Bullish Chart Have Led To MOCA Climbing +30% Over The Last Two Weeks

A number of bullish catalysts has aided the strength shown by MOCA this month. On April 16 the Moca Foundation X account announced it was expanding its token to the Base network.

This has made MOCA a multi-chain token as it was first launched on Ethereum and now has access to both user bases and the liquidity of each.

On-chain, Ethereum is still where MOCA plies most of its trade. In the past 24 hours, it has processed $1.4m in trading volume on Ethereum compared to just $220k on Base.

However, centralized exchanges are where most of its trading activity occurs. MOCA is available on many exchanges, including Upbit, ByBit, Kraken and Gate.io, among other smaller platforms.

Per CoinGecko, MOCA’s total volume in the past 24 hours stands at $247 million, with a staggering $145 million of the volume happening on the Korean exchange Upbit.

MOCA’s short-term target is $0.12. However, with it currently sitting just above $0.1, this level will need to hold, building strong support. The next strong support level below $0.1 isn’t until around $0.08.

Currently, the wider crypto market continues to perform well as BTC consolidates around $94k before a run toward $100k and beyond. These current market conditions should allow MOCA to continue its bullish momentum.

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