According to CryptoDep data sourced from CryptoRank, Mog Coin ($MOG) has emerged as the second-best-performing memecoin in 2024, boasting a staggering 5,565% gain. It trails only Popcat ($POPCAT), which leads the memecoin market with a jaw-dropping 9,806% return. While Mog Coin’s performance has captured widespread attention, a significant whale transaction on the chain reveals that not all investors have come out ahead. A whale who previously withdrew 1,805.9 ETH (valued at $6.02 million) from Bitget to purchase 221.65 billion $MOG tokens at an average price of $0.0000027 recently made a major move. Seven hours ago, this same whale transferred 950.5
The post Mog Coin Ranks as Second-Best Memecoin Of 2024 Despite Whale’s $660K Loss appeared first on The Merkle News.