Following a major but brief spike in social media attention, traders are watching to see if MOG can reverse its trend of underperforming other memecoins.
MOG lags behind other memecoins
MOG's price has fallen by
↘15%
in the last 24 hours and is now trading
↘81%
below its all-time high. The asset's weekly performance of
↘23%
was worse than the memecoin category average, and its yearly performance of **↘33%** contrasts with the category's weighted average gain of **↗80%**.
Social media buzz cools after huge surge
Social media mentions of MOG grew by an extraordinary
↗3278%
over the past week, but this momentum has cooled with a
↘92%
decline in the last 24 hours. While MOG's trading volume surged
↗85%
during this period, its volume activity still ranks toward the bottom of the memecoin sector.