
Mog Coin ($MOG), a cryptocurrency with a market capitalization of approximately $25 billion, has recently expanded its accessibility by launching a multichain bridge enabling trading on the Solana and Binance Smart Chain (BNB Chain) networks. This development marks a significant step in its evolution from a memecoin to what some describe as a "blue chip cult" with a strong foundational presence and proven longevity. The token currently maintains a total value locked (TVL) of $674,000 at the International Meme Fund, with $31,700 USDS available for borrowing. Approximately 940.65 billion $MOG tokens are deposited, and the loan-to-value ratio stands at 27.32%. Despite its growth and liquidity, there remains speculation about potential price volatility, including a possible decline of up to 64.5% that could trigger liquidations.
Solid TVL of $674k @intlmemefund + $31.7k $USDS available to borrow + 940.65 Billion $MOG deposited + 27.32% Loan To Value (LTV) Moggers are mogging but being conservative and managing risk well. Could Mog Coin fall -64.5% to trigger liquidations from here? You decide ๐ซต๐น https://t.co/ykZ47hlhDW
just shipped a multichain bridge for mog coin, enjoy ๐ซถ๐น https://t.co/wBQKZMqaMM https://t.co/8DyHk3CnTM
mog coin is officially multi chain ๐ซต๐น https://t.co/zyMpeRbwZT
