Mog Meme Coin Soars 300% as Musk Tweets ’Mog/Acc’—Tech Bros Rush to FOMO
Elon Musk’s latest cryptic tweet—just two words: ’Mog/Acc’—ignited a frenzy around the previously obscure Mog Coin. The meme token ripped past its all-time high within hours as crypto Twitter lost its collective mind.
Behind the pump: Silicon Valley’s ’accelerationist’ fringe (already obsessed with hyperbitcoinization) now sees Mog as the ultimate degen play. ’It’s not just a shitcoin, it’s a manifesto,’ claims one VC who definitely didn’t just ape in at the top.
Reality check: The coin’s ’utility’ involves tipping Mog-themed NSFW artists. Meanwhile, hedge funds are quietly building short positions—because nothing says ’Web3 innovation’ like greater fools theory with extra steps.
What about the Pit Vipers?
Mog Coin was launched in 2023 by pseudonymous founder Aug, following months of joking about creating the token within a group chat of Milady NFT community members.
The first branding idea that stuck was Hunter Biden wearing Pit Viper glasses. Then, as the project matured, the community evolved the meme to be associated with its current mascot Joycat, a combination of emojis, later adding “effortless cosmic domination” as a phrase to explain mogging.
Throughout its almost two-year lifespan, the Pit Viper brand mostly ignored the meme coin. However, with “mog/acc” taking over the timeline, the brand’s official X account started interacting with the community.
“Adding Pit Vipers to your [profile picture] is cool, but how about adding some to your cart?” the X account wrote to a middling response. “Oh, nobody cares? What if I say mog?”
A couple hours later, the account offered a 10% discount for those using the MOG69 code at checkout. Later, the account changed its bio to “horney moggles,” and asked the community to send pizza—a reference to a prank the meme coin community played on Pit Viper early on.
good one pic.twitter.com/sQ3Y9tHSrw
— Pit Viper (@PitViperShades) May 7, 2025
Pit Viper co-founder and CEO Chris Garcin also appears to have embraced the mog/acc trend, while trying to add pv/acc into the equation. However, on Wednesday, Garcin used his X account to promote Pitcoin (PITCOIN), a day-old solana token launched via Pump.fun that peaked at a $6.7 million market cap following his post. It quickly crashed to $885,000.
Garcin later added that Pit Viper nor himself have any “affiliation” with the token, and that he just “threw $50 in for fun.” Still, some people blamed Garcin for ever promoting the token in the first place.
“This is both a bull case for MOG in contrast and a perfect example of how confusing, overwhelming, and toxic crypto participants can be,” Mike Three posted on X. “This shit is supposed to be fun, but from the outside it is a literal nightmare. Nobody has to take the time to help anyone get up to speed but I really don’t understand the outrage."
Edited by Andrew Hayward
