MOG Is the Biggest Weekly Gainer Among Meme Coins, Having Added 66% to Its Value

MOG is the biggest weekly gainer among meme coins, having added 66% to its value over the past week. It is now at its all-time high and is ranking above

Meme coin MOG has seen a 66% increase in value over the past week, making it the biggest weekly gainer among meme coins, according to data from Coinmarketcap.

The coin, which is now at its all-time high, ranks above previous gainers BOME and MAGA on the coin ranking website.

But can it overtake BONK and FLOKI?

As MOG gains, BONK and FLOKI lose

Last week, we reported on double-digit losses for BONK, WIF, and FLOKI as the altcoin market downturn continued.

BONK led the losses with a drop of more than 36%, slipping below a crucial range.

Like FLOKI, BONK has some use cases, but it was heavily rejected and offloaded by whales in the past week. The coin took a dive and hit $0.0000193 before moving up to $0.000023.

FLOKI has been riding the meme wave since it was listed on Binance in July 2021. But the recent market downturn has seen the coin test crucial support levels.

The token lost 22% in the past week, finding support at $0.00015. Despite this, FLOKI is still a long way from its all-time high, and some analysts are predicting a rebound for the coin.

A good day for memecoins as July morning arrives

Both BONK and FLOKI are up today in what has been a great day for memecoins.

BONK is trading at $0.00002396, up 7.78% in the last 24 hours. Meanwhile, FLOKI is trading at $0.0001682 and has remained relatively flat in that time period.

MOG price prediction

MOG could be gaining because of the U.S. SEC’s ether ETF approvals, which traders perceive it as a beta bet on. Some analysts are very bullish on MOG, with Bitget predicting that its price will increase by 4477% in 2024.

The coin is currently trading at $0.000001933, and it’s expected to reach $0.000002338 by the end of 2025. By 2030, the Mog Coin price is anticipated to hit $0.000005.

The technicals also seem to support this prediction. All moving averages except Hull indicate a strong buy, and the MACD Level (12, 26) is also a buy.

However, MOG’s market cap is just under $700 million, compared to over $1.63 billion for both FLOKI and Bonk. If it does overtake them, it won’t be in the immediate future.

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