Bybit, a globally famend crypto buying and selling platform, not too long ago introduced that it plans to record the Cat in a Dogs World (MEW) token, sparking a buzz internationally of cryptocurrencies. In a put up shared by the platform on X right this moment, April 18, the change revealed that it plans to start spot buying and selling for MEW on its platform shortly forward, fueling an optimistic torrent for the token amongst crypto market merchants and traders globally.
This newest replace from one of the crucial widespread crypto exchanges worldwide has piqued substantial investor curiosity within the Solana-based meme coin MEW. Let’s dive deeper into Bybit’s MEW token itemizing announcement, which seems to have ignited a glimmer of worth restoration sentiment amongst crypto market fans regardless of latest corrections.
Bybit Announces MEW Spot Trading
According to Bybit’s announcement, MEW spot buying and selling on the platform will start shortly, with the itemizing occurring on April 19 at 8 AM UTC. Further, deposits and withdrawals for a similar will start on April 19 at 4 AM UTC by way of the Solana community. It’s price noting that MEW may also be obtainable for buying and selling by way of Spot Grid Bots upon itemizing, opening up new alternatives to merchants.
Meanwhile, to mark the importance of this itemizing occasion, Bybit additional underscored efforts to assist the launch, facilitating particular occasions for merchants that boasts a prize pool of a staggering 40,000,000 MEW. Notably, the primary occasion is ready to happen from April 19 at 4 AM UTC to May 7 at 9:00 AM UTC, whereas the second occasion will happen from April 19 at 8 AM UTC to May 7 at 9 AM UTC.
This announcement added a tint of optimism to the MEW token, because the Solana-based meme coin’s earlier listings on CEXs OKX and Bitget fueled a rising worth motion. Simultaneously, crypto market fans anticipate this itemizing announcement to spark a restoration pattern for MEW regardless of its latest notable correction. However, historic information doesn’t all the time guarantee an asset’s future efficiency inside the turbulent realm of cryptocurrencies.
Also Read: Bitcoin Halving Might Be The Best Gift For Altcoins ; Here’s Why?
MEW Price Slips
The Cat in a Dogs World token witnessed an enormous 22.13% plunge in its worth over the previous 24 hours and is at present buying and selling at $0.004923. The token’s market cap dipped 22.76%, whereas the 24-hour buying and selling quantity plummeted 23.50%. This painted a bearish image for MEW at press time, additional shrouding the token in a cloud of an enigma over a considerable worth restoration forward. Nonetheless, crypto market fans proceed to extensively eye MEW, aligning with its earlier itemizing chronicles, anticipating a worth motion shift with the abovementioned itemizing.
Also Read: Binance Announces Airdrops, Web3 Quest Platform Megadrop
The introduced content material might embody the private opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any accountability to your private monetary loss.