As a seasoned crypto investor with a soft spot for meme coins, I’m thrilled to witness Cat in a Dogs World (MEW) making waves in the market. The recent listing of MEW on Binance Futures, a prominent derivative trading platform, is a significant milestone for this unique Solana-based project.
The largest cat-themed cryptocurrency on the Solana blockchain, MEW (Cat in a Dogs World), has made its way to Binance Futures for perpetual trading. This development has led to a surge in demand, causing both the MEW price and trading volume to reach recent peaks.
Solana meme coin MEW debuts on Binance Futures
Starting June 17, 2024, I was thrilled to discover that my favorite meme coin, Cat in a Dogs World (MEW), became available on Binance Futures – the advanced derivatives trading platform of the globally recognized exchange, Binance (BNB). The addition of MEW marked an exciting development for crypto investors like myself. Binance Futures introduced a new USD-M MEW Perpetual Contract with an impressive maximum leverage of 50x. This expansion offered more opportunities to manage and diversify my cryptocurrency portfolio, enhancing my investment experience.
At the point of its launch, the MEWUSDT Perpetual Contract had a limit on the highest funding rate set at 2%. However, the precise funding fee was subject to adjustments every four hours.
Since the inception of MEWUSDT contract trading on Binance (BNB), the Multi-Assets Mode feature has enabled users to trade the new coin using various margin assets. This is subject to the applicable haircuts. In simpler terms, once Multi-Assets Mode is activated, traders can employ BTC as collateral when executing MEWUSDT Perpetual Contract transactions.
Members of the meme coin community are thrilled about the addition of the MEWUSDT contract to Binance (BNB), emphasizing its distinctiveness within the meme coin market.
Kudos to the vibrant $MEW community! This is a significant achievement. (…) Bravo, first catalyst for Binance listing. (…) Here’s hoping for a swift implementation of the spot listing.
I’m thrilled to share that, as reported by U.Today before, I recently witnessed Binance (BNB) surpassing the 200 million user mark and reaching an astonishing $120 billion in total user assets.
MEW price jumped by 25% on announcement
As a researcher, I’ve discovered that our platform currently boasts over 100 million more users than our primary rival, OKX, according to the most recent user count statistics.
After the much-awaited declaration, I noticed that the Cat in a Dogs World (MEW) token’s value surged dramatically on prominent cryptocurrency platforms. Specifically, its price climbed from $0.004 to an impressive $0.0051.
For the first time in two weeks, the value of MEW surpassed $450 million, an achievement against the backdrop of a mostly disinterested market.
As a researcher studying the cryptocurrency market, I’ve discovered that the given asset has broken its previous trading volume record, propelling it into the ranks of the top 50 cryptos by this metric. In just the past 24 hours, the trading volume indicator for this asset has more than doubled, surpassing the significant threshold of $220 million.
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2024-06-18 17:51