Mog Coin posts an all time high

Mog Coin increased by over a third of its value in the past two days, setting a new record high of $0.00000258. The meme asset has doubled in value over the past three weeks as MOG has profited from the criticism of Donald Trump.

In just one day, Mog Coin’s open interest jumped from $11 million to $16 million, a 45% increase. An increase in open interest indicates more contracts in the market, and a positive funding rate typically indicates a predominance of long contracts.

The meme coin Mog Coin (MOG), which has gained more than 30% in the last day, has hit a new all-time high of $0.00000258.This is the second all-time high for the meme coin in less than 30 days.  With a 420,690,000,000,000 token maximum supply, MOG has fully accepted its degen status. The meme features merchandise and even a coupon for Pit Viper sunglasses. it’s often regarded as a playful symbol.

This momentum also benefited MOG, as seen by the meme coin’s $735 million market valuation. Consequently, the Open Interest has increased by 45% in a single day to $15.99 million. Memes like PEPE, Dogwifhat (WIF), and BONK were first brought to the cryptocurrency market during the meme coin boom.

Bitcoin and Ethereum appreciated 10% against the US dollar in the past 7 days. Other cryptocurrency assets posted double-digit gains; the meme token MOG led the way with a 54.9% boost.
A few more noteworthy movers were MKR, PEOPLE, VTHO, ICP, STX, TRUMP, and OM. The largest volumes this week were reported by SOL, BNB, XRP, PEPE, DOGE, NOT, ADA, WIF, and TRX

Investor observations of inflows rose sharply in tandem with the meme coin’s increase. Investors in MOG poured money into the asset, and the bullishness was also evident in the futures market