Cat in a Dogs World: The Cat-Themed Meme Coin Hits New All-Time High

On October 24, Cat in a Dogs World, a cat-themed meme coin on Solana, experienced a sharp rise, reaching a new all-time high. This surge is part of a broader trend within the meme coin market over the past few days. The token, trading under the symbol MEW, saw its price spike to $0.01136, with a 24-hour trading volume surpassing $474 million—a 177% increase.

Currently, MEW is trading around $0.01114, with buyers pushing the price up by 26% in the past 24 hours. This increase has driven the meme coin’s market cap to over $990 million, making it the 83rd largest cryptocurrency by market cap according to recent data. In the meme coin segment, MEW ranks 10th overall, outperforming other meme coins like Mog Coin and Goatseus Maximus.

Recent Listings Boost MEW Token

On October 24, the cryptocurrency exchange Bitstamp announced the addition of trading support for MEW, alongside the WOO Network (WOO) token. Bitstamp has introduced MEW/USD and MEW/EUR trading pairs, expanding its availability to users globally.

Additionally, Solana-based decentralized on-chain perpetual swap platform Drift Protocol has also added support for MEW perpetual futures, offering traders leverage of up to 4x. This follows the launch of MEW perpetual contracts on Kwenta and Synthetix on the Base layer-2 chain, which went live on October 22.

Market Data and Future Outlook

The recent surge in meme coins, combined with a series of new listings and trading supports, has catalyzed MEW’s spike to its new all-time high. According to recent data, the futures open interest for Cat in a Dogs World has jumped 59% to over $211 million. The bullish sentiment surrounding the meme coin has also led to over $2.47 million in liquidations in the past 24 hours, with short liquidations accounting for $1.79 million.

“The combination of new listings and increased market interest has significantly boosted MEW’s performance,” stated a market analyst.

As the meme coin market continues to evolve, Cat in a Dogs World stands out as a significant player, reflecting the growing interest and investment in this unique segment of the cryptocurrency market.

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