Mog Coin (MOG) is a popular memecoin built on the Ethereum blockchain. It launched in July 2023 with no clear utility but a massive supply of 420 trillion tokens. Like most successful memecoins, Mog Coin thrives on a strong community and viral marketing.
MOG serves as the native token of the Mog ecosystem, an environment where everything revolves around humour, marketing and boosting adoption through internet culture and memes.
MOG was built with multibit technology to enable cross-chain functionality and features a token-burning mechanism to increase scarcity. Its success is heavily tied to its strong community of "meme warriors," and its active presence on social media platforms. The project is supported by viral marketing campaigns that offer MOG-themed merchandise, including shirts, hoodies and hats.
Transactions using MOG are known for being quite fast, giving the token some use as a means of payment – especially for small transactions like online tipping.
MOG is also BRC-20 compatible, meaning users can deploy MOG on the Bitcoin blockchain thanks to the BRC-20 standard for fungible tokens.