MongCoin is an innovative cryptocurrency meme coin. What sets this meme coin apart from others is its unique connection to an established NFT collection known as MONGS NFT. Unlike many meme coins that lack a tangible asset, MongCoin draws its inspiration and value from the existing NFT collection, providing a distinctive twist to the meme coin phenomenon.
What Exactly is MongCoin?
Are you a fan of meme culture and fun? If so, then you’re likely to find great delight in the latest trending meme project known as MongCoin! Analyzing the on-chain data reveals the remarkable surge in the MONG coin’s popularity. Launched on April 23rd, 2023, MongCoin stands out among other meme coins due to its association with an existing NFT collection called MONGS NFT.
This collection, established in January 2022, consists of 6,943 NFTs, each showcasing a distinctive mongoose. Holders of these NFTs are rewarded with MONG coins, adding an exciting incentive to the mix. Embrace the meme culture and ride the wave with MongCoin!
What You Should Know About MongCoin
MongCoin’s official website follows the typical style of a meme coin page, highlighting intriguing aspects of the project. Emphasizing the resilience of the “Mongs” (referring to NFTs from the MONGS NFT collection) during a bear market, MongCoin values friendship, embraces degenerate meme culture, and promotes positive vibes. In line with these principles, the team invites individuals who align with these values to acquire MONG tokens. However, it’s important to note the project’s disclaimer clarifies that the meme coin holds no intrinsic value. Furthermore, it shouldn’t be expected to yield financial returns. The website further emphasizes that there is no formal team or roadmap. Therefore, the coin is purely for entertainment purposes, serving no practical utility.
The MONGS NFT collection draws inspiration from the mongoose. It is a small predatory carnivore found predominantly in Africa, as well as parts of southern Asia and Europe. Renowned for their adeptness in tackling venomous snakes like the king cobra, these creatures possess remarkable hunting skills. It’s worth mentioning that the term “mong” also carries alternative connotations that may be less favorable or even offensive. Given that the idea for the MONGS NFT collection originated from the incoherent statements of US congressman Brad Sherman, it wouldn’t be surprising if the term “mong” was intentionally included, encompassing such derogatory associations.
Tokenomics of MONG Token
The tokenomics of MONG Coin is simple. There are no scams, no deceitful tactics, just a positive vibe. Therefore, the team is implementing a 5% tax on transactions. Within the 5%, 1% is directed to the liquidity pool (LP), 1% is distributed as reflections to holders, and 3% is allocated for marketing and development purposes.
Furthermore, every worthy meme coin deserves an impressive profile picture (PFP). The Mongbnb NFTs have been a steadfast supporter of Mong 2.0 from the beginning. To show their appreciation, The team will reserve 10% of the Mong 2.0 token supply for NFT holders. These tokens will be unlocked once the market cap hits the 100k milestone.
Where to buy MONG Token
You can find MONG Tokens here at MEXC! We are listing MONG/USDT in our Innovation Zone!
What is the Price of MONG Tokens?
The MONG token is currently trading at MEXC for $0.000000006191. It also has a fully diluted market cap of $4,272,018, You can check the live price of their token right here!
How to buy MONG Tokens on MEXC
You can buy MONG Tokens on MEXC by following the steps:
- Log in to your MEXC account and click [Trade]. Click on [Spot].
- Search “MONG” using the search bar to see the available trading pairs. Take MONG/USDT as an example.
- Scroll down and go to the [Spot] box. Enter the amount of MONG you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy MONG] to confirm your order. You will find the purchased MONG in your Spot Wallet.
You can find a detailed guide on how to buy MONG Tokens here.
Keep Yourself Updated With The Crypto Trend
Check out all of the listings in the Innovation and Assessment zones as well as the major tokens in the Main Zone – we have more amazing projects to come! What’s more, MEXC lists moonshots and offers access to trade major cryptocurrencies. Visit the Hot Projects section as well to uncover more featured popular tokens. Lastly, feel free to visit MEXC Academy to learn more about cryptocurrency!
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