MEW explodes to new all-time high after Bitstamp listing
Cat in a canine world, the cat-themed meme coin on Solana, rose sharply to hit a brand new all-time excessive on Oct. 24.
With meme cash surging over the previous few days, cat in a canine world (MEW) added to current features with a spike to $0.01136, marking its all-time excessive. The token recorded a 24-hour quantity of over $474 million, representing a 177% enhance as of the time of writing.
MEW’s worth, in the meantime, traded round $0.01114, with patrons up 26% prior to now 24 hours, pushing the meme coin’s market cap to over $990 million. In response to crypto.information market knowledge, cat in a canine world ranked because the 83rd largest cryptocurrency by market cap.
Within the meme coin section, MEW ranked 10th general and forward of Mog Coin (MOG) and the day’s different prime performing meme coin Goatseus Maximus (GOAT).
Bitstamp lists MEW token
On Oct. 24, crypto change Bitstamp announced it had added buying and selling assist for MEW in addition to the WOO Community (WOO) token. Bitstamp added MEW/USD and MEW/EUR pairs for its customers globally.
In the meantime, Solana (SOL) based mostly decentralized on-chain perpetual swap platform Drift Protocol additionally added assist for MEW perpetual futures. The contract permits merchants a leverage of as much as 4x. This follows the launch of MEW perps on Kwenta and Synthetix on the layer-2 chain Base that went reside on Oct. 22.
The mix of the surging meme cash and the collection of listings are what catalyzed the cat-themed token’s spike to a brand new ATH.
In response to data from Coinglass, the futures open curiosity for cat in a canine world has jumped 59% to over $211 million. The bullish outlook for the meme coin has additionally seen MEW liquidations hit over $2.47 million prior to now 24 hours – most of those briefly liquidations at $1.79 million.
