Solana

Coin

<ul class="news-points"> 
 <li>MEW drops 22.36% after hitting $0.005744 peak, reflecting strong selling pressure.</li> 
 <li>WIF declines 9.25% to $3.56, forming a bearish ‘lower highs’ pattern.</li> 
 <li>MEW partners with LOCUS Animation to launch 3D series, boosting entertainment presence.</li> 
</ul> 
The price of CAT in a DOG’S WORLD (MEW), a memecoin built on the Solana blockchain, experienced a volatile swing on May 29. 
After a significant 20% increase, MEW encountered resistance at an intraday high of $0.005744. This resistance triggered a correction, marked by a decline as selling pressure intensified. Initially, the price found temporary support around the psychological level of $0.005000, but this support soon gave way, leading to a more profound decline.&nbsp; 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/qa-Fgd0pHqQu5yRLa8q0e_YQ4iwTQ6PYmx9CjQL5GgFkMBaVlo1ewdSIqwnWnOy_cV12e6lDscr_LgBc1bPE9z_p8CWoNS47Vx_e0bTL-qiCYj0495vgs8G-tADdzqHp2Gi3kurCA5oKh7XQOhy4Vpk" alt="">
</figure> 
MEW/USD 24-hour price chart (source: <a href="https://coinmarketcap.com/currencies/mew/#News" target="_blank" rel="nofollow">CoinMarketCap</a>) 
As of press time, the price had stabilized at $0.004431, reflecting a 22.36% drop from the day’s peak. Concurrently, the trading volume decreased by 14.56%, indicating strong seller participation and contributing to the downward price movement. 
<h2 class="wp-block-heading" id="h-market-sentiment-and-outlook-for-mew">Market Sentiment and Outlook for MEW</h2> 
The recent price decline and increase in trading volume suggest a shift towards bearish sentiment in the market. …
The post <a href="https://coinedition.com/wif-is-the-cat-finally-outperforming-the-dogs-in-meme-coin-race/">$WIF: Is the Cat Finally Outperforming the Dogs in Meme Coin Race?</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

$WIF: Is the Cat Finally Outperforming the Dogs in Meme Coin Race?

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