Enter Mongy (MONGY): A comprehensive analysis from story to market value

I. Project introduction

 

MONGY is a Solana-based Mmeme token with a unique story background. The project tells the story of a kitten dressed as a monkey embarking on a galactic banana mission to the Bunny galaxy to save humanity. MONGY's economic model is exquisitely designed, eliminating minting and freezing mechanisms, and locking liquidity to ensure the scarcity and stability of the token. Token trading is tax-free, maximizing user profits.

 

The project roadmap is divided into six stages, from launching tasks to finally launching token-based equipment and derivatives, each stage has clear goals and tasks. In the official website task map, MONGY will set communication paths, launch Mongrade recruitment activities, and reward diamond-level users through a staking mechanism to ensure the continuous activity and participation of the community.

 

Through these designs and plans, MONGY not only provides an interesting narrative experience, but also provides users with multiple opportunities to participate and benefit through its unique economic model and task planning.

 

Narrative Description

 

This little cat in a monkey costume is not just an ordinary token, but a symbol of joy and energy. $MONGY's goal is simple and fun: to search for the mysterious cosmic banana in the galaxy and bring this unique joy to every supporter.

 

As a Meme token based on the Solana chain, MONGY eliminates minting and freezing mechanisms, and the LP is locked to ensure the scarcity and value stability of the token. The zero-tax policy makes every transaction easy and fun.

 

MONGY's mission map is full of novelty and surprises at every stage, from launching missions to launching token-based entertainment content. In the first stage, it will bravely go to the Bunny galaxy and embark on an unprecedented adventure. Next, the project will further expand the community's influence by establishing communication paths and recruiting Mongrade members. By rewarding active users through a staking mechanism, MONGY ensures that every participant can feel the fun and benefits.

 

III. Market value expectations

 

At the beginning of the launch of the MONGY project, it maintained a trading volume of over 10 million US dollars for several consecutive trading days. Currently, the 24-hour trading volume is at the level of millions of US dollars, and the number of holders has reached 4K +. The current circulating market value is around 23 million US dollars, and the chain has locked nearly a million US dollars in liquidity. Since TGE, after half a month of market operation, it has been able to continue operating and break through the previous high in the overall market downturn. This performance not only shows the project's risk resistance, but also reflects the market's confidence in MONGY.

 

The project maintains a high frequency of updates and interactions on social media, especially Twitter, mainly targeting English communities. This not only increases user participation, but also enhances the exposure and influence of the project, providing support for the increase in market value. Based on the general performance of Meme tokens in Sol's past, it is basically easy to 100 million market value. Excellent projects often start from two digits, and it is expected that TIME (TIMESOL) will have at least a four-fold increase.

IV. Economic models and on-chain chip analysis

 

According to the latest data from GMGN, the on-chain situation of MONGY on Solana as of now is as follows:

 

The token is fully circulated, with a total market value of 23 million USD and 4,213 holders, indicating a certain degree of acceptance in the community. In terms of trading activities, the trading volume within 24 hours is at the level of millions of USD, indicating a high market activity level.

 

In terms of liquidity pool, the current quantity of MONGY is 18M, accounting for 20.69% of the initial quantity, the current quantity and initial quantity of Sol are 305.26/79, and the quantity of SOL has increased by 2818.15%, possibly due to trading activity in the liquidity pool.

 

The project party has given up ownership of the contract, and the liquidity pool has been locked close to one million US dollars. The top 10 position ratio is 17.76%, indicating a moderate concentration of positions and reducing the risk of market manipulation.

 

V. Risk Warning

 

1. The MEME project depends on the community active level. If the participation decreases, the project may be affected.

 

2. As a MEME token, MONGY may be affected by market sentiment and speculation, and there is a greater risk of volatility.

 

VI. Official links

 

Website ： https://www.mongysol.com/

 

Twitter： https://x.com/MongySol

 

Telegram： https://t.co/QoY1SrrOEw