Mog Coin (MOG), the Ethereum-based meme token, has hit a new all-time high. It briefly entered the top 100 cryptocurrencies by market cap. The coin's price reached $0.00000245, up 4% in a day.

MOG launched on July 19, 2023. It's based on a 4chan term. "Mogging" means dominating someone. The coin has lived up to its name, outperforming many rivals.

In the past three months, MOG skyrocketed 301%. Its market cap hit $820 million, per CoinGecko. This surge put it ahead of some established projects. Tezos, Ronin, and The Sandbox now trail behind MOG.

The coin now ranks ninth among meme tokens. It's nipping at the heels of NEO, the Ethereum-inspired network. MOG needs just $5 million more to overtake it and re-enter the top 100.

MOG briefly touched an $880 million market cap at its peak. It surpassed NEO's $850 million. But the lead was short-lived. Both tokens have since dipped. NEO now sits at $825 million.

The coin's origins are quirky. It stems from 4chan slang. "Heightmogging" means being taller than someone. "Fashionmogging" is about being more stylish. A "brutal mogging" involves dominating in multiple ways.

MOG's mascot is Joycat, a laughing cat with pit viper glasses. It's become the token's symbol. Investors often use emojis to mimic Joycat. Some even wear pit vipers in real life.

A pseudonymous early investor shared their thoughts on Twitter. They said, "This was the kind of mutation necessary to propagate the meme into hyper communication." They added, "It has actually been quite a treat to watch it all unfold in real time."

The MOG team celebrated their anniversary on Twitter. "We've been mogging the TL for a year 🫵😹 Here's to 100 more 🥂," they posted. The tweet included a GIF of their mascot.