‘MEW’ Cat Coin Goes Viral on Solana and This Dog-Coin Could Be Next to
Sam Cooling
Last updated:
March 27, 2024 14:05 EDT
| 3 min read
Solana meme coins continue to dominate the market, and in the latest move Mew Cat Coin (MEW) has exploded after going viral on X.
This article will provide an analysis of MEW’s current price trends, and look to see whether the latest incarnation of Dogecoin, represents a more promising investment opportunity.
Retail meme coin traders on X are jubilant, as the viral success of MEW’s explosive rally continues to hold strong across the social network – but can price explode to hit $1Bn market cap?
MEW Price Analysis: Can The New Big Cat In Town Surge to Top Solana Meme Coin Status?.
As price action consolidates at lower trendline support, Mew the Cat is currently trading at a market price of $0.00134 (representing a 24-hour change of -29.87%).
This comes after MEW cat coin launched at just 6 AM (UTC) on March 26, in a listing that gained rapid traction due to sudden virality amongst Solana meme coin traders on X.
MEW price increased aggressively, surging +15,500% across 7 hours of sustained upside moves, to hit an all-time high of $0.0037 at 12 PM on March 26.
Yet, the dramatic move saw early backers amass huge gains, and a wave of profit-taking has swept into the chart in the hours since, with price tumbling -64% as a consequence.
This has left an army of 9.19k holders fighting to establish consolidation above lower support at $0.001.
However, with a whopping market cap of $118M, upside movements become tough from here on out – with a 10x move now contingent on an influx of over $900m in volume.
For this reason, many retail investors are shifting their attention to the viral success of the Dogecoin20 presale – which would need 10x less volume to see a 10x price boom.
DOGECOIN20 Hits Viral Success: Over $10M Raised as New Investors Race to Next Dogecoin Project.
Dogecoin’s recent price gains have fuelled major interest in spin-off projects, and now investors are racing to take a position in a new crypto presale with over $10m raised so far for the next incarnation of the top DOGE.
Viral success triggered Dogecoin20’s explosion above $10M raised, with the presale now heading for an imminent sell-out, so don’t miss the last window of opportunity to get in as an early-bird Dogecoin20.
Dogecoin20 is the…
https://cryptonews.com/news/mew-cat-coin-goes-viral-on-solana-and-this-dog-coin-could-be-next-to-explode.htm
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***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT!
This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.
bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple
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I bought a bunch of this after I got the air drop.
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