Main Points:
- MEW, a Solana-based meme coin, increased by over 16% in the past 24 hours.
- MEW’s market cap reached $726 million, making it the 94th largest cryptocurrency.
- MEW’s daily trading volume decreased by 16% to $250 million.
- WhiteBIT listed MEW on their exchange, leading to a price surge.
- MEW was initially introduced on the Raydium exchange with a 10% airdrop to the Solana community.
- Cat-themed tokens are valued at $2.7 billion, with MEW and POPCAT experiencing surges.
- MEW’s surge occurred amidst a slight drop in the global crypto market.
MEW’s Surge in Price
MEW, the “cat in a dog’s world” meme coin on Solana, saw a significant increase of over 16% in the last 24 hours, with its market cap reaching $726 million. The daily trading volume for MEW also decreased slightly, indicating strong investor confidence in the coin’s future growth.
Listing on WhiteBIT Exchange
WhiteBIT’s recent listing of MEW on their platform contributed to the price surge of the meme coin. Additionally, MEW’s initial introduction on the Raydium exchange with a 10% airdrop to the Solana community helped drive early enthusiasm for the coin.
Cat-Themed Tokens on the Rise
The valuation of cat-themed tokens, including MEW and POPCAT, has reached $2.7 billion, reflecting a growing interest in meme coins. Despite a slight drop in the global crypto market, MEW’s surge showcases the resilience and popularity of these unique digital assets.
