#Binance
SHOGGOTH has emerged as a notable addition to Bitget Onchain, gaining attention in the memecoin market. Following Elon Musk’s tweet referencing a "Green Octopus," the token saw a 100% surge, reaching a market cap of $14M, with early investors capitalizing on the movement.
Currently trading around $0.0091 with a market cap of $9.11M, SHOGGOTH appears to be consolidating. Market observers suggest that further developments, including potential mentions by influential figures, could impact its price trajectory. As with any memecoin, timing and market trends play a significant role in performance. Investors are advised to stay informed and assess risks accordingly.