Meme coins did not have a fruitful day today as their total valuation fell by 4.7% to stand at $74.9 billion. Nevertheless, a small-cap token, Department of Government Efficiency (DOGE), emerged as their leader, rising by 66%.
BeInCrypto has analysed two more meme coins that followed DOGE’s lead, making them crucial tokens to watch.
Mog Coin (MOG)
- Launch Date – July 2023
- Total Circulating Supply – 390.56 Trillion MOG
- Maximum Supply – 420.69 Trillion MOG
- Fully Diluted Valuation (FDV) – $440.59 Million
- Contract Address – 0xaaee1a9723aadb7afa2810263653a34ba2c21c7a
MOG price rose 13% in the last 24 hours, challenging the resistance at $0.000001214. This barrier has limited MOG’s upward movement throughout the week, keeping the meme coin in consolidation despite recent gains.
The broader market’s bullish momentum could support MOG as it nears the end of its Death Cross. A 50-day EMA crossing above the 200-day EMA would confirm positive momentum, aiding a break above $0.000001214 and pushing MOG toward $0.000001405.
However, selling pressure could derail MOG’s rise. If the meme coin fails to hold, it might drop to support at $0.000000939 or lower to $0.000000753, negating the bullish outlook and wiping out recent gains.
Ket (KET)
- Launch Date – January 2025
- Total Circulating Supply – 1 Billion KET
- Maximum Supply – 1 Billion KET
- Fully Diluted Valuation (FDV) – $432.19 Million
- Contract Address – 0xffff003a6bad9b743d658048742935fffe2b6ed7
KET price surged 50% over nine days, reaching $0.43. This month-and-a-half uptrend helped the meme coin recover most of its February losses, signaling renewed investor confidence in its potential recovery.
To fully recover February’s losses, KET must rise to $0.50. Securing this resistance would confirm the continuation of the current uptrend.
However, failing to hold $0.42 as support could lead KET to drop to $0.34. Such a decline would erase recent gains and challenge the bullish outlook for the token.
Small Cap Corner – Department Of Government Efficiency (DOGE)
- Launch Date – August 2024
- Total Circulating Supply – 979.12 Million DOGE
- Maximum Supply – 1 Billion DOGE
- Fully Diluted Valuation (FDV) – $38.72 Million
- Contract Address – 0x1121acc14c63f3c872bfca497d10926a6098aac5
DOGE’s price surged 66% in a day, reaching $0.0392 and becoming the best-performing meme coin. This rally helped recover losses experienced in March, signaling renewed investor interest and market momentum for DOGE.
New investors have boosted the meme coin’s community, with Holderscan reporting 33,657 total holders. Despite this, Nansen data shows that $453,000 worth of DOGE has been sold on exchanges in the last 24 hours, indicating mixed market signals for DOGE.
If bullish momentum holds, DOGE could rise to $0.0753 by securing $0.0416 support. Failure to maintain this level may trigger a drop to $0.0213, invalidating the bullish outlook.
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Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
