Apparently, there is a speculation that we may see a binance listing of the memecoin $MOG soon.
While the North American crypto exchange Coinbase has made significant addition to its listing roadmap by announcing that Mog Coin (MOG) will be listed on Base, the layer 2 Ethereum scaling solution of the company. It already has a $4 billion total value locked (TVL) or user deposits.
As soon as Coinbase tweeted this on December 3, Mog Coin rallied to gain 23% in an hour which resulted its market capitalization to reach $1 billion. This made MOG the 10th-largest meme coin based on valuation.
And, this made me sure that we might see a Binance announcement soon on this and this can skyrocket the memecoin to $2 - $5 billion MC making it the memecoin of this BULL RUN.
Mog Coin is often referred to as the meme coin with the underpinnings of “effortless cosmic domination”. This meme coin became a force to reckon with in early 2024 as it rose to $475 million market cap in March from a $50 million market cap in February.
The meme coin often paired with pointing fingers or laughing cat emojis, MOG has seen success like the broader market as it hit the $1 billion market cap in November last month for the first time. At present, Mog Coin is trading just 10% below its all-time high as it surges over the crypto exchange listing news.
Even though MOG is part of the Ethereum layer-1 mainnet, the announcement made by Coinbase suggests that it will be traded on layer-2 solution, Base which has faster transactions and lower fees options.
Earlier Coinbase listing made many top meme coins like Dogwifhat ($WIF), Floki ($FLOKI) and Pepe ($PEPE) more accessible, ultimately making them secure permanent spots on the top performers list.
At the time of publication, Mog Coin was up 10.65% in the last 24 hours to trade at $0.000002473 with a whopping 154% surge in its trading volume at $143.02 million while the market cap rose to $1.02 billion