In an thrilling flip of occasions, amidst the exceptional worth rally witnessed by Solana-based meme cash, one other competitor emerges inside the cryptocurrency realm. Cat in Dogs World (MEW), a newly launched Solana-based meme coin, seems to be gaining vital traction amongst crypto merchants and traders as its worth jumped practically 170% in the present day, making the token the discuss of the city.
Intriguingly, falling consistent with the broader uptrend witnessed by Solana, meme cash corresponding to WIF, BONK, BOME, and now MEW have famous exceptional positive factors just lately. The MEW token additional positions itself as a rival to WIF, BOME, and BONK, marking a tempest of strides with its worth rally.
Here’s Why MEW Sparked Investor Curiosity
Notably, in an attention-grabbing chronicle, Solana whales seem to have been magnetized in the direction of this new meme coin, MEW, per a report by CoinGape Media earlier. Shifting focus from the ‘then-trending meme coin,’ BOME, a whale migrated substantial funds to MEW, per on-chain information.
This chronicle nabbed vital consideration throughout the cryptocurrency realm, as even BOME rallied remarkably previous to the whale’s shift of focus. Concerning this, the whale accrued 9.6 billion MEW, price 10.8% of the token’s whole provide, adopted by different MEW accumulations, with traders reflecting optimism as a way of confidence within the asset endured amongst whales within the broader crypto market.
Meanwhile, mirroring the optimism birthed by the latest exceptional worth rallies witnessed post-WIF & BOME launch, traders speculate over MEW’s potential to supply exceptional positive factors forward. Aligning with this, the MEW token continued to curate bullish waves throughout the huge sea of crypto.
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MEW Price Rallies
While writing, the Cat in a Dogs World (MEW) token famous a surge of 142.95% prior to now 24 hours and is at the moment buying and selling at $0.007612. Intriguingly, the token took an anchored bullish stage in the present day, as its market cap surged 140.78%, reaching $639.45 million, whereas the 24-hour buying and selling quantity rocketed 322.97%, at the moment resting at 352.37 million.
While the meme coin already follows Solana’s broader uptrend, it’s beginning to place itself as a distinguished rival to the ‘now trending’ Solana meme coin, WIF. Solana was up 5.78% over the previous 24 hours, standing at $196.56, whereas WIF rested at $4.50, jotting a 22.98% achieve prior to now 24 hours.
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