Crypto arena based in Solana meme coin While we were witnessing unprecedented price increases in the 1990s, a new competitor emerged on the scene. A Solana-based meme coin called Cat in Dogs World (MEW) is gaining a lot of attention among traders and investors. This coin, whose price has increased by approximately 170% as of today, has become a hot topic in the crypto market.
Interestingly, in line with Solana’s general uptrend, recently WIFMeme coins such as , BONK, BOME also made significant gains. MEW coin, on the other hand, attracted attention with its price increase by positioning itself better against its competitors such as WIF, BOME and BONK.
Here are the reasons why MEW Arouses Investor Curiosity
Solana whales seem to be gravitating towards this new meme coin, MEW, in an extremely noticeable way. A whale previously focused on ‘meme coin’ BOME has transferred a significant amount of funds to MEW, according to on-chain data.
This is because even before a whale changes its focus, BOME shows a significant rise. cryptocurrency It attracted great attention around the world. In this context, the whale collected 9.6 billion MEW, corresponding to 10.8% of the total supply, and other MEW accumulations also increased in this direction. This reflected investors’ confidence in whales in the overall crypto market and was met with optimism.
Meanwhile, the optimism generated by the recent notable price rallies following the launch of WIF and BOME has investors speculating on MEW’s potential to deliver significant gains in the future. In this regard, MEW coin continued to create upward waves in the endless sea of the crypto world.
MEW Price Rally
At the time of writing, Cat in Dogs World (MEW) is currently trading at $0.007612, recording an increase of 142.95% in the last 24 hours. Interestingly, the token’s market cap increased by 140.78% to $639.45 million, and its 24-hour trading volume increased by 322.97% and currently stands at $352.37 million. This shows that today it has entered an upward period.
The meme coin is currently following Solana’s broader uptrend, while beginning to position itself as a significant competitor to Solana’s current popular meme coin, WIF. While Solana increased by 5.78% in the last 24 hours to $ 196.56, WIF remained at $ 4.50 with a gain of 22.98%.
