Can MOCO really create a myth 28.3 million times like the zero-crazy demon $PEPE ?
Like $SHIB back then, MOCO had no pre-mining, no team allocation, and relied solely on retail investors buying like crazy. But SHIB became popular because of Vitalik Buterin's endorsement and its listing on exchanges. Now, apart from the legend of a 100-fold increase in three days, MOCO has no substantial benefits.
Looking at the on-chain data, the most impressive among the top 12 addresses is the one ranked 11th, which dared to go all-in when the price had 28 zeros, buying all the way to 27 zeros and now earning $9,100, a typical case of accumulating at low levels and holding.
Personally, I think you can put a little USDT into MOCO as if you were buying a lottery ticket, but don't go all in.
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