As an analyst with extensive experience in the cryptocurrency market, I find the recent surge of Solana’s MEW (Cat in a Dogs World) particularly intriguing. The nearly 18% price rally defying broader market trends is noteworthy, and it can be primarily attributed to the major listing announcement by Bithumb.
In the past few days, the meme coin MEW on the Solana blockchain has drawn significant interest from crypto traders and investors worldwide. Defying broader market downtrends, MEW experienced a notable price increase of almost 18%, peaking at over 21% growth during the same timeframe. This outstanding performance can be linked to Bithumb’s recent announcement of listing MEW, which was made public on April 7, generating substantial optimism around the Solana-powered meme token. The price surge is particularly noteworthy given the current market circumstances, emphasizing MEW’s potential and the increasing fascination with specialized cryptocurrency markets.
MEW Listing Unveiled on Bithumb
As a crypto investor, I’m thrilled about MEW (Cat in a Dogs World) making its way to Bithumb’s platform. The announcement has added fuel to the excitement I already had for this token. According to Bithumb, the trading market for MEW will be the Wonhwa Market, and deposits can only be made through the Solana network. Deposits begin today, April 7, at 3:30 PM, while trading and withdrawals will start at 6:00 PM on the same day.
As an analyst, I’d rephrase it this way: The starting price for MEW was fixed at 6.053 won, necessitating 20 confirmation transactions. Following the announcement, trading volume saw a remarkable surge, with MEW hitting $92.5 million in the past 24 hours – a noteworthy 63.70% jump from the preceding day. This substantial market activity reflects robust investor enthusiasm and curiosity, fueled by the excitement surrounding the upcoming listing and the vibrant crypto community chatter.
Current Market Performance and Future Prospects
At present, the value of MEW (Cat in a Dogs World) is $0.005179, buoyed by a substantial trading volume of $92.5 million over the last 24 hours. This represents a 17.97% price hike within the past day and a 20.34% surge during the previous week. With approximately 89 billion MEW tokens in circulation, the token’s market capitalization amounts to a notable $459.1 million.
As a researcher, I’ve come across some intriguing information regarding My Neighbor Avatar (MEW) on the Bitget exchange. Prior to April, Bitget had signaled its intent to list MEW, planning for it to go live on their platform by the end of the month. This announcement sparked a nearly 50% price surge for MEW, underscoring the increasing excitement surrounding this Solana-based meme coin.
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2024-06-07 09:55