Bybit, a globally renowned crypto trading platform, recently announced that it plans to list the Cat in a Dogs World (MEW) token, sparking a buzz across the world of cryptocurrencies. In a post shared by the platform on X today, April 18, the exchange revealed that it plans to commence spot trading for MEW on its platform shortly ahead, fueling an optimistic torrent for the token among crypto market traders and investors globally.
The announcement from Bybit, a well-known crypto exchange, about listing the Solana meme coin MEW has generated significant excitement among investors. Let’s explore this development further. Bybit’s decision to list MEW seems to have sparked some optimism in the crypto community, as many see it as a potential sign of price recovery, even amidst recent market corrections.
Bybit Announces MEW Spot Trading
According to Bybit’s announcement, MEW spot trading on the platform will commence shortly, with the listing happening on April 19 at 8 AM UTC. Further, deposits and withdrawals for the same will begin on April 19 at 4 AM UTC via the Solana network. It’s worth noting that MEW will also be available for trading via Spot Grid Bots upon listing, opening up new opportunities to traders.
During this listing, Bybit emphasized its commitment by organizing notable events for traders. The first event features a prize pool of an impressive 40 million MEW and runs from April 19, 4 AM UTC to May 7, 9:00 AM UTC. Meanwhile, the second event takes place between April 19, 8 AM UTC and May 7, 9 AM UTC.
The announcement brought a touch of positivity to the MEW token, following price increases on exchanges OKX and Bitget. Crypto market observers are hopeful that this listing will lead to a trend of recovery for MEW, despite its recent downturn. However, it’s important to remember that past performance does not guarantee future results in the volatile world of cryptocurrencies.
MEW Price Slips
The price of the Cat in a Dogs World token dropped significantly by 22.13% within the last 24 hours, now priced at $0.004923. Its market capitalization decreased by 22.76%, while trading volume saw a steep decline of 23.50%. This trend gave investors a pessimistic outlook for MEW as of press time, raising questions about an imminent price increase. However, crypto market observers remain hopeful and closely monitoring MEW due to its past listing history, anticipating potential price fluctuations.
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2024-04-18 14:50