{"id":15271,"date":"2024-10-21T09:48:52","date_gmt":"2024-10-21T09:48:52","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=15271"},"modified":"2024-10-21T09:48:52","modified_gmt":"2024-10-21T09:48:52","slug":"this-viral-cat-themed-meme-coin-hits-a-new-ath-heres-why","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=15271","title":{"rendered":"This Viral Cat-Themed Meme Coin Hits a New ATH: Here\u2019s Why"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

MEW is among the best-performing cryptocurrencies on a 24-hour scale, hitting a new ATH several hours ago.
\nThe rally happened shortly after the biggest South Korean crypto exchange allowed trading services with the meme coin.<\/p>\n

<\/a><\/p>\n

Joining Crypto\u2019s Top 100 Club<\/h2>\n

Cat in a Dogs World (MEW)<\/span> \u2013 <\/span>a Solana-based meme coin <\/span>which saw the light of day<\/span> earlier this year<\/span> \u2013 <\/span>took center stage today (October 21) by registering a 16% price increase and <\/span>tapping a new<\/span> all-time high of approximately $0.01.<\/span>\u00a0<\/span><\/p>\n

<\/a>MEW Price, Source: CoinGecko<\/p>\n

Its market capitalization briefly pumped to almost $1 billion before retracing to the current $880 million. This means that, as of now, MEW is the 95th-biggest cryptocurrency and the 10th-largest in the meme coin niche.<\/span><\/p>\n

The exponential surge <\/span>was fueled<\/span> by Upbit\u2019s decision to <\/span>allow<\/span><\/a> trading services with the asset. The leading Korean crypto exchange listed the MEW\/KRW pair, making it the third meme coin directly coupled with the local official currency.<\/span><\/p>\n

$mew<\/a> is now the 3rd memecoin to ever get KRW pair on Upbit, the biggest korean exchange in the world.<\/p>\n

the ONLY coins that have KRW pairs are<\/p>\n

DOGE SHIB and MEW<\/p>\n

CAT SEASON. HIGHER. https:\/\/t.co\/bdITqL7anF<\/a><\/p>\n

\u2014 mememillions\u2606 (@apatheticwhale) October 21, 2024<\/a><\/p>\n\n

Upbit clarified that deposits and withdrawals are supported only via the designated network (MEW-Solana). \u201cBe sure to check the network before depositing,\u201d it warned.<\/span><\/p>\n

Despite adding MEW to its platform, the company alerted that the meme coin does not have its <\/span>own<\/span> token utility. It also cautioned that investing in cryptocurrencies may be subject to rapid price fluctuations due to their speculative nature and changes in regulatory environments.\u00a0<\/span><\/p>\n

\u201cThe investor is responsible for making investment decisions in this digital asset, <\/span>and<\/span> any losses that may occur. We ask you to carefully refer to the project website and public disclosure materials to be fully aware of the characteristics of digital assets and to trade with caution,\u201d Upbit\u2019s team concluded.<\/span><\/p>\n

Support From Others<\/h2>\n

The aforementioned crypto exchange is not the only one that has<\/span>\u00a0embraced MEW.<\/span> Other notable examples include OKX, KuCoin, BTSE, and Gate.io.<\/span><\/p>\n

Recall that the price of the meme coin experienced an even more substantial pump in April this year when OKX jumped on the bandwagon. As <\/span>CryptoPotato<\/span><\/em> reported<\/a> back then,<\/span>\u00a0MEW skyrocketed by 100% on a 24-hour scale, catching the attention of some whales who went on a buying spree.<\/span><\/p>\n

The post This Viral Cat-Themed Meme Coin Hits a New ATH: Here\u2019s Why<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR MEW is among the best-performing cryptocurrencies on a 24-hour scale, hitting a new ATH several hours ago. The rally happened shortly after the biggest South Korean crypto exchange allowed trading services with the meme coin. Joining Crypto\u2019s Top 100 Club Cat in a Dogs World (MEW) \u2013 a Solana-based meme coin which saw the […]<\/p>\n","protected":false},"author":0,"featured_media":15272,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-15271","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/15271"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15271"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/15271\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/15272"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}