Fwog (SOL: $FWOG) is a Solana-based meme coin that is listed on numerous centralized exchanges. It is a community takeover (CTO) project that has been quite successful in recent months. Let us take a deep dive into this unique meme coin project.
Fwog Origins
Fwog is a project inspired by the Pepe The Frog meme, a character developed by Matt Furie in 2005. As Pepe became popular online, the PEPE meme coin launched on Ethereum in 2013. It became the first meme coin to hit a $1 billion market cap. Since then, it has inspired the launch of other frog-based meme coins, including FWOG.
FWOG originally started off as the FLOG meme coin, which had great artwork. However, a disagreement emerged amongst the FLOG developer team. The controversy revolved around Titto, who created most of the artwork for FLOG.
When the community found out Titto was not paid, the community got behind Titto, relaunching FLOG as the $FWOG meme coin project. The FWOG community has tirelessly worked to promote the coin, taking its market cap to over $50 million to date.
$FWOG Utility
Like most meme coins, FWOG does not have any utility. Looking at its website, it is full of frog-based artwork, and has no stated mission. The goal of the entire project is humor, and celebrating internet culture.
Market Performance
As of Tuesday, February 25, 2025, $FWOG has a market cap of $58.02M, with a price of $0.05943 per coin. Over the past week, the meme coin has grown 76.11% in value, while the trading volume has grown 53.02% in the past 24 hours to $18.73M. The total supply of FWOG is 975.63M FWOG, with all tokens in circulation.
The meme coin has outperformed the market in the past week, with the overall crypto market down 7% in the period. It has also outperformed the meme coin market, which is down 18.70% in the past week.
The token hit an all-time high of $0.7363 on November 14, 2024, with the price falling 92.1% since then. However, it has soared 532.7% since its all-time low of $0.009244 on August 8, 2024.
Social Media Following
FWOG has a huge social media following, with over 22,786 members in its Telegram group and 41.7K followers on X.
Should You Add $FWOG To Your Portfolio?
FWOG is a community-led project that has all tokens in circulation. Thus far, it has been successful, rising over 70% in the past week to a market cap of over $50 million. The project has maintained its value quite well for the past few months, which signals its staying power. With a huge and loyal online following, the meme coin could potentially explode in price in the coming weeks.
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