in

MEW token soars nearly 30%, reaching new all-time-high

Cat in a dogs world, the cat-themed Solana meme coin skyrocketed to a new all-time high on Nov. 14, beating its previous ATH of $0.01165.

After record-breaking gains from meme coins like PNUT (PNUT) and PEPE (PEPE), MEW (MEW) joins the race by hitting an all-time-high of $0.01238 on Nov. 14. The meme coin has been on a high-rise since the beginning of November, soaring 43.8% in the past month.

In the past 24 hours, the cat-themed coin has gone up by 28.8%. The MEW token is currently trading hands at a price of $0.01199 only slightly lower than its ATH. In the past seven days, the meme coin has soared by 32.2%. The meme coin has gone up by 28.9% in the past two weeks.

MEW token soars nearly 30%, reaching new all-time-high - 1
Price chart for the MEW meme coin reaching a new all-time-high, November 14, 2024 | Source: crypto.news

The MEW token holds a trading volume of more than $782 million in the last 24 hours, representing a 182.50% increase compared to yesterday, indicating a recent rise in market activity.

With a market cap of more than $1 billion, the MEW meme coin stands in 98th place in the cryptocurrency ranking. In the meme coin segment, MEW is ranked in 11th place just below the dog-themed Neiro(NEIRO) and falling three steps behind another cat-themed coin, Popcat(POPCAT) in 8th place.

The meme coin with the little cartoon cat icon has a fully diluted valuation of more than $1.06 billion and circulating supply of more than 88 billion MEW coins.

The cat in a dog’s world meme coin was launched in March 2024. It was created to challenge the dominance of dog-themed meme coins like NEIRO(NEIRO), DOGE(DOGE), and SHIB(SHIB) in the crypto trading market, hence the name. MEW quickly rose to the leader board after gaining a market cap of over $317 million, alongside other cat-themed coins such as POPCAT(POPCAT), MICHI(MICHI), HAPPY(HAPPY) and CAT(CAT).

This article first appeared at crypto.news

What do you think?

Written by Outside Source

ZKsync approves proposal to distribute 325 million ZK tokens to boost liquidity across chains

This Is How the Crypto Market Will Look When BTC Price Tops This Cycle: Santiment