But this is the Memecoin Supercycle, and while Solana memecoins have hogged the limelight, there are gems in other ecosystems.
A new predator emerges from the shadows in one of the OG blockchain ecosystems. Its claws are sharp, its purr is deafening, and its goal is simple: make life-changing money for holders.
After surviving many days of red candles, the coin proves that cats always land on their feet.
This isn't just another coin—it's a revolution wrapped in fur, whiskers away from breaking out into an exclusive club.
We are extremely bullish about the prospects of POPCAT, but what's better than one cat? Two cats!Time to pounce on profits!
Key questions?
- Could this cat coin could rival POPCAT's success?
- What underlying cultural representations set the stage for this coin to thrive and outperform?
- How resilient are memecoin communities during market downturns, and why does it matter?
- If institutions are primed to join the memecoin bandwagon, is this coin positioned to benefit from their interest?
- If this coin is Popcat's fiercest rival, does it deserve a spot in your portfolio?
- This coin is up 300% in the last three months; at what price should you buy it?
Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results. "One Glance" by Cryptonary sometimes uses the RR trading tool to help you quickly understand our analysis. These are not signals, and they are not financial advice.
Introducing POPCAT's main rival
Drum roll… MOGWe first came across MOG several months ago while testing our Smart Money tool.
However, we were not sure at the time since we were still in the pre-beta phase of Smart Money, and we needed to ensure rigorous testing before making any conclusive calls.
However, after investigating the meme, we found out that it is also a solid and organic cat meme with the potential to break the billion-dollar mark and deliver impressive results.
Token details
- Ticker: MOG
- Launch Date: Summer 2023
- Launch Type: Fair Launch on Uniswap V2 LP
- Token Type: ERC-20 on Ethereum
- Market Cap: $696 million (at the time of writing)
- LP tokens: Locked for the next 60+ years
- Distribution: Token distribution is wide, with no obvious red flags
Thesis
Ethereum is one of the most popular and widely adopted blockchain platforms, with a vibrant and active community of developers, users, and enthusiasts.While there are numerous dog-themed memecoins on Ethereum, there is no flagship cat-themed memecoin there. This presents an opportunity for MOG coin to fill this gap and cater to the cat-loving segment of the cryptocurrency community.
If you are in the Ethereum or Base ecosystem and you're pinning to get a bite out of the memecoin market, MOG is the play to consider.
Cultural significance
There is cultural significance in having a cat memecoin on Ethereum. Looking at the success of cat-themed coins on Solana (e.g. Popcat), there is a cultural void for Ethereum to have its own cat coin to rival Solana, and MOG has been showing great strength to be that coin.MOG has recently experienced a significant increase, with a +300% increase in the past three months. The coin surged to a $960 million capitalisation, setting a new all-time high. It also moves towards breaking the Billy curse. Additionally, MOG has attracted a substantial number of new holders; it gained 1K+ new holders in the last seven days and now boasts more than 26k holders.
Community
MOG has a dedicated and active community that has shown resilience and commitment, even during market downturns.The MOG community is as devoted as the POPCAT community. Even during periods of drawdowns and 45 days of red candles, they kept showing up and maintaining conviction as if the coin was hitting new ATHs. And it is a fun meme -- @MogCoinEth released an app that allows anyone to make a mog meme or add mog glasses to any PFP in seconds.
Regardless of price, they kept the faith alive, and only a few meme coin communities are resilient like that.
Again, this is why backing the leaders of this cycle is the smart way to go. You can buy any sub-$10M cap coin in the hopes of a 100x upside. But can you trust the other holders not to give up after a few daily red candles?
Could ETH ETFs be a catalyst?
Now, Ethereum ETFs are here, which means there's now institutional participation in Ethereum.If these institutions also want to take a high-risk look at the ecosystem, memes such as the MOG coin, with its almost $20M liquidity pool, are the perfect memecoin opportunity to explore.
Technical analysis
In the high time frames, MOG displayed a perfect bullish structure, with a nice, sustainable flow of higher highs and higher lows being formed.With the high likelihood of this momentum continuing, you will want to capitalise on it and position yourself in the two key areas of recent demand.
The first point of call is $0.000001550, and the second is $0.000001170.
If and when we approach these price points, these would be good areas within the structure to position ourselves.
We will be back with detailed price targets on MOG, but like POPCAT, MOG at a $1B market cap is a milestone, not the destination.
How to buy MOG
MOG details
- Ticker: MOG
- Where to buy: Uniswap v2
- Contract address:
- Ethereum: 0xaaeE1A9723aaDB7afA2810263653A34bA2C21C7a
- Base: 0x2Da56AcB9Ea78330f947bD57C54119Debda7AF71
Cryptonary's take
The bullish case for the MOG coin is supported by a combination of strong community backing, impressive market performance, institutional interest, and innovative use cases.These factors collectively create a compelling narrative for MOG's potential to achieve significant growth and establish itself as a major player in the meme coin market.
But how would we, as Cryptonary, play MOG? Would we be buying the MOG coin?
And we are sure some of you would like to know where we stand on POPCAT vs MOG.
We intend to discuss this and more during our Memecoin Supercycle livestream tomorrow, Wednesday, July 24, at 6:30 pm (UK time).
Join us LIVE on Discord to get our unfiltered opinion as we share our predictions, top picks and more!
No matter how bullish you are on memes, you're not bullish enough.
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