Mog Coin
Crypto Overview
Overview
Mog Coin (MOG) is a meme cryptocurrency launched on the Solana blockchain in December 2023. The project presents itself as a community-driven token inspired by cats and memes.
Purpose and Utility
The primary stated purpose of MOG is to serve as a community token within the Solana ecosystem. The project doesn't claim any sophisticated technical utility beyond serving as a tradeable digital asset and fostering community engagement.
Business Model and Operations
MOG operates as a simple fungible token on Solana, allowing for peer-to-peer transfers and trading. The project maintains active social media presence and community engagement through Twitter and Discord.
Token Distribution
MOG has a total supply of 419.42 million tokens. Based on available data, the token appears to have had a fair launch with no pre-mine for the team. The token distribution seems relatively decentralized among holders.
Development and Community Activity
The project maintains active community engagement through social media and messaging platforms. While the technical development is minimal (as expected for a meme token), the community aspect remains active.
Current Usage
The primary use of MOG is as a tradeable digital asset on various decentralized and centralized exchanges. The token has gained significant trading volume and market attention since its launch.
Crypto Impact
To assign a comfort level investing in Mog Coin from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Mog Coin.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.