HomeJoke about Mongoose coin leads to 4,000% gains overnight: where to buy Mongoose

Joke about Mongoose coin leads to 4,000% gains overnight: where to buy Mongoose

Daniela Kirova

Congressman Brad Sherman unwittingly created Mongoose (MONG) after cracking a joke, but the token amassed a market cap of $22.5 million in just two days thereafter. It runs on Binance Smart Chain. If you are attracted to unique features and want to learn how and where to buy Mongoose, this guide is for you.

Top places to buy Mongoose now

As MONG is such a new asset, it's yet to be listed on major exchanges. You can still purchase MONG using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy MONG right now, follow these steps:

1. Buy BNB on a regulated exchange or broker, like Binance ›

We suggest Binance because it's one of the world's leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It's also beginner-friendly, and has more payment methods available to users than any other available service.

2. Send your BNB to a compatible wallet like Trust Wallet or MetaMask

You'll need to create your wallet, grab your address, and send your coins there.

3. Connect your wallet to the 1Inch DEX

Head to 1Inch, and 'connect' your wallet to it.

4. You can now swap your BNB for MONG

Now that you're connected, you'll be able to swap for 100s of coins including MONG.

What is Mongoose?

Speaking at a Wednesday hearing at the House Financial Services Committee, California Democrat Brad Sherman said the No. 1 threat to crypto is crypto itself. He said:

Bitcoin could be displaced by Ether, which could be displaced by Doge, which could be displaced by HamsterCoin, and then there's CobraCoin. What could MongooseCoin do to CryptoCoin?  

The project’s Twitter bio now reads, “Named by Congress. Made by Mongress.” Around 6,000 people are holding it now, which drove the price up over 4,000% overnight. At its highest point, the token had gained 80,000%.

As of December 10, Mongoose’s total liquidity was at just over $2.8 million. Its daily trading volume exceeds $11 million.

Should I buy Mongoose today?

Crypto investors and users should do basic research before investing their funds into any crypto token, especially a meme coin. This could prevent loss of funds to scam tokens.

Mongoose price prediction

On December 10, Mongoose was trading for $0.05. Mongoose has yet to be introduced on Coinmarketcap. At this time, no price predictions are available. Coin Decimal reports that the price of the crypto has dropped by 16.19% in the last 24 hours.

Mongoose on social media

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