MEW Price Skyrockets Following Major Exchange Listing Announcement

In recent developments, Solana’s meme coin, MEW, has captured global attention from crypto traders and investors. Defying broader market trends, MEW has surged by nearly 18%, with a remarkable peak increase of over 21%.

This impressive performance follows a major listing announcement by the prominent exchange Bithumb, unveiled on April 7, sparking substantial optimism around the Solana-based meme token. This rally is particularly notable given the current market conditions, underscoring MEW’s potential and the rising interest in niche cryptocurrency markets.

MEW Listing Unveiled on Bithumb

The excitement around MEW was further amplified by Bithumb’s announcement of its listing on the platform. Bithumb confirmed that MEW (Cat in a Dogs World) would be available on the Wonhwa Market, with the Solana network as the exclusive deposit network. The timeline for this listing began with deposits opening on April 7 at 03:30 PM, followed by trading and withdrawals at 06:00 PM the same day.

The initial base price for MEW was set at 6.053 won, requiring 20 deposit confirmations. This announcement triggered a dramatic spike in trading volume, with MEW reaching $92.5 million in the past 24 hours, representing a 63.70% increase from the previous day. This surge in market activity underscores strong investor confidence and enthusiasm, fueled by the anticipation of the new listing and the broader buzz within the crypto community.

Current Market Performance and Future Prospects

Currently, MEW (Cat in a Dogs World) is priced at $0.0051, supported by a substantial 24-hour trading volume of more than $100 million. This reflects a 16% increase in price over the last 24 hours and a 20.34% rise over the past week. With a circulating supply of 89 billion MEW, the token’s market capitalization stands at an impressive $457 million.

Additionally, Bitget had previously indicated its support for MEW, planning to list the token in April. This announcement led to a near 50% price rally, showcasing the growing enthusiasm for MEW.

Bitget commenced trading MEW on April 3, with deposits starting on April 4. Continued support from major exchanges like Bithumb and Bitget underscores the increasing acceptance and potential of MEW, suggesting a promising future for this unique Solana-based meme coin as it continues to attract significant investor interest and market activity.

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