The memecoin market has seen significant activity, with MOG making notable strides. Initially ranked 9th by market cap among memecoins, MOG quickly ascended to 8th, surpassing TRUMP, MYRO, and MEME, hinting at 'BILLIONS AND BILLIONS' in market value. This shift is part of a broader trend where memecoins, often associated with animals, political figures, or consumer product memes, are gaining traction. The market cap for the top 10 memecoins stands at $53 billion, with MOG's performance sparking discussions about its potential to capture a more significant market share, possibly reaching $1 billion before the weekend. The coin's market cap is approaching $1 billion, with its volume over the last 24 hours reaching $25 million, slightly down from $26 million the previous day. This growth comes amid a broader surge in 'PoliFi' memecoins, where tokens represent political allegiances or speculation opportunities. MOG's organic meme nature, similar to PEPE and BAJA, contributes to its viral potential. MOG has recently overtaken several competitors, including Baby Dogecoin and Helium Mobile, positioning itself as the 6th largest memecoin by market cap and the only one trending upwards in the top 10, showcasing an 'insanely boolish' trend.
All the top memecoins probably do well but $pepe seems the most interesting imo: - most organic (no Ansem equivalent shilling it into existence) - unique (ie not a dog) - on richest smart contract platform
#MemeCoinSeason is ramping up as everyone's favorite 🐶 dog, 🐸frog, and 🐱cat coins take flight. But could President coins be the next meme coin trend? https://t.co/iggotkzlBO https://t.co/iyErKXbxIa
Over the last 24 hours $Mog has flipped: 1. Baby Dogecoin 2. Memecoin by Memeland 3. Rollbit Coin 4. Portal 5. Helium Mobile As it currently stands, the cat coin is the 7th biggest memecoin by marketcap and also the only one in the top 10 that is trending up today. https://t.co/viCQjCU1rd