Solana meme coin Cat in a Dogs World stole the highlight throughout the meme crypto sector on Monday as MEW value witnessed a outstanding surge. Recent market information reveals that the Solana meme token’s value shot up practically 14% in gentle of itemizing on a famend cryptocurrency trade.
Notably, South Korean crypto trade pioneer Upbit revealed that the token is being listed pegged to the Korean Won (KRW) pair on the buying and selling platform. This resolution has echoed a market frenzy, because the Solana-based coin emerges because the third meme coin to realize such a feat after DOGE and SHIB.
Cat in a Dogs World (MEW) Secures Listing On Upbit After DOGE & SHIB
In an official Upbit announcement dated October 21, the crypto trade revealed that it’s including Cat in a Dogs World to the KRW market as we speak. This implies that customers can commerce the MEW/KRW pair on the trade beginning at 16:00 UTC as we speak. Buy orders are restricted for roughly 5 minutes after the buying and selling assist, the announcement notified.
Further, deposits and withdrawals are solely supported by way of the guided community MEW-Solana, as talked about by the S. Korean crypto trade. Also, deposits and withdrawals can solely be made through private pockets addresses, given affirmation of possession is accomplished. Nevertheless, the itemizing, providing enhanced commerce choices within the Asian market, ignites bullishness because it paves the best way for extra dealer and investor interplay with the asset.
It’s noteworthy that the Solana-based token is the third meme coin that has been built-in into the trade with the KRW peg after DOGE and SHIB. Simultaneously, MEW value as we speak rode bullish waves following the Upbit itemizing announcement.
Solana Meme Coin Extends Gains
MEW value famous an uptick of 14% prior to now 24 hours and is at present buying and selling at $0.009561. The coin’s intraday low and excessive had been recorded as $0.008382 and $0.01043, respectively. Traders additionally seem to have reacted positively to the itemizing announcement, because the coin’s intraday buying and selling quantity famous a staggering 370% enhance to $358.26 million.
Meanwhile, market watchers anticipate additional positive factors for the asset, primarily attributable to the itemizing announcement while reflecting on earlier information. Notably, the Solana meme token additionally rallied remarkably the earlier month as Upbit revealed listing for it in BTC and USDT markets. This previous efficiency has introduced important consideration to the newest KRW pair itemizing.
In addition, Coinglass information indicated that the Solana-based coin’s futures OI upsurged practically 16% to $165.43 million as we speak. Moreover, even the derivatives quantity gained 302% to $1.32 billion, sparking optimism. Coupled with as we speak’s value positive factors, information signifies that MEW is at present on an uptrend.
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