The MLG token recently displayed a sharp price increase, followed by a rapid decline due to accusations of influencer manipulation.
How Did MLG Token Rise?
On July 29, 2025, the MLG token (360noscope420blazeit) surged over 180%, reaching $0.023, but this rally was short-lived with prices stabilizing around $0.0122. The surge was primarily fueled by trading activity and social media promotions by notable influencers such as FaZe Banks and Adin Ross.
What is MLG?
MLG is a meme token based on Solana, launched in April 2024, inspired by early 2010s gaming culture. Despite its resemblance to Major League Gaming, the token has no official affiliation with the organization or Activision, utilizing visuals and themes solely for nostalgic appeal.
Should You Invest in MLG?
Investing in MLG is considered speculative. The token lacks formal utility or revenue, with its value heavily reliant on community momentum, making it highly volatile. The lightly regulated exchanges trading MLG offer opportunities for price manipulation, increasing risks for potential investors.
The MLG token has shown significant price fluctuations, attributed to social media activity and manipulation by notable figures. Prospective investors should carefully assess risks before making decisions.