A cat-themed meme coin, MOG Coin (MOG), built on the Ethereum blockchain, is experiencing a massive price surge after being listed on Coinbase, a major US cryptocurrency exchange.
Coinbase Adds MOG Coin
Coinbase announced the addition of MOG, which launched in July 2023, to its platform. Users can now buy, sell, and trade MOG through the Coinbase website and mobile apps.
MOG’s Price Explosion
This news sent MOG’s price skyrocketing. In just a day, it jumped from $0.000002375 to a high of $0.000003418—a significant increase. While it’s settled slightly, it’s still up around 36% in the last 24 hours, currently trading at $0.000003335.
Not All Meme Coins Are Created Equal
This success story contrasts sharply with another recent Coinbase listing. Moo Deng (MOODENG), a Solana-based meme coin featuring a pygmy hippopotamus, didn’t fare as well. Despite its viral fame (it even “predicted” the 2024 US Presidential election!), its price dropped by 12% after its Coinbase listing, falling from $0.596 to $0.448 before stabilizing around $0.468.
Disclaimer
Remember, investing in cryptocurrencies is risky. Do your own research before investing in any cryptocurrency, including meme coins. This information is for general knowledge and shouldn’t be considered financial advice.
