Pixelverse

Solana

Shiba Inu

Gains

Coin

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/mew-coin-gains-popularity-quickly" data-wpel-link="internal" rel="noopener noreferrer nofollow">MEW Coin Gains Popularity Quickly</a><br></p>
<p style="text-align: justify">The crypto <a href="https://finance.coin-turk.com/" rel="noopener noreferrer nofollow" target="_blank" data-wpel-link="exclude">market</a> has recently been dominated by an unusual cat-themed meme coin, MEW, which has seen an impressive rise of over 100% in the past week. Created on the <a href="https://en.bitcoinhaber.net/analysts-review-solanas-current-trends" data-wpel-link="internal" rel="noopener noreferrer nofollow">Solana</a> blockchain in early 2024, MEW continues to escalate in value daily, temporarily shifting attention away from other popular meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB).</p>
<h2 id="how-much-is-mew-worth">How Much is MEW Worth?</h2>
<p style="text-align: justify">Currently, MEW’s market capitalization stands at approximately $741.5 million, ranking it 9th among meme coins. Coinmarketcap data indicates that its 24-hour trading volume has surpassed $250 million. As of the latest update, MEW is trading at $0.008334 after an 8% rise in the last 24 hours and a 100% increase over the past seven days.</p>
<h2 id="why-is-mew-rising-so-fast">Why Is MEW Rising So Fast?</h2>
<p style="text-align: justify">The ongoing interest in MEW goes beyond its novelty. Developers have declared a “global cat season,” speculating that cat-themed meme coins will outperform their dog-themed counterparts. <a href="https://newslinker.co/can-artificial-intelligence-achieve-consciousness/" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="exclude">Recent data</a> supports this, with MEW outpacing other meme coins like Dogecoin, Shiba Inu, and Floki in performance.</p>
<h2 id="concrete-insights-for-investors">Concrete Insights for Investors</h2>
<p style="text-align: justify">Investors should consider the following actionable insights:</p>
<ul>
 <li>MEW’s collaborations with projects like Pixelverse increase its visibility.</li>
 <li>Significant trading volume indicates strong market interest.</li>
 <li>Crypto exchange listings and promotional activities are critical for its growth.</li>
 <li>Speculative interest and rumors of paid promotions may affect stability.</li>
</ul>
<p style="text-align: justify">On July 22, MEW’s trading volume exceeded $2.07 billion, pushing it to the 6th position in trading volume rankings. However, this surge came with allegations of undisclosed paid promotions involving key influencers, which could lead to federal investigations.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/mew-coin-gains-popularity-quickly" data-wpel-link="internal" rel="noopener noreferrer nofollow">MEW Coin Gains Popularity Quickly</a></h5>

MEW Coin Gains Popularity Quickly

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