$MGO
The Mango Network (MGO) is a high-performance, Multi-VM (Virtual Machine) full-chain infrastructure project that has recently gained attention in the Layer 1 and Layer 2 ecosystem. Below is a brief analysis and a candlestick chart showing its recent price performance.
Short Analysis of MGO Coin
1. Project Overview
Mango Network is designed as an omni-chain backbone, combining a secure MoveVM-based Layer 1 ("Mango Move") with a high-throughput OPStack-based Layer 2. This dual-architecture allows it to achieve extreme performance—reportedly over 297,000 transactions per second (TPS)—while maintaining sub-second finality and low gas costs.
2. Token Utility (MGO)
The MGO token serves several critical functions within the network:
Gas Fees: Used to pay for transaction execution across both L1 and L2 layers.
Staking: Validators and sequencers stake MGO to secure the network and earn block rewards.
Governance: Holders can vote on protocol upgrades and treasury allocations.
3. Market Performance (Early 2026)
Current Price: Approximately $$0.0208 (as of mid-January 2026).
Market Capitalization: Roughly \$33 million, ranking it in the top 900 cryptocurrencies.
Supply Dynamics: It has a circulating supply of ~1.6 billion tokens out of a total max supply of 10 billion.
Historical Context: The token saw its all-time high (ATH) around \$0.034 - \$0.039 in late 2025 and an all-time low (ATL) near \$0.0105 in July 2025.
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