Is it Too Late to Buy Cat in a Dogs World? MEW Grows 28% in a Week and This Could be the Next 10x Crypto
The post Is it Too Late to Buy Cat in a Dogs World? MEW Grows 28% in a Week and This Could be the Next 10x Crypto appeared first on Coinpedia Fintech News
The cat coin meta is thriving, and cat in a dogs world has put in big gains this week, pumping 28%.
But investors want to know whether it’s worth buying or if something else may be more profitable. A lot of liquidity has rotated into Pepe Unchained today, with its presale nearing $20 million.
MEW Approaches Price Discovery, Outpaces Popcat This WeekAs cat in a dogs world teeters on its March 2024 all-time high (ATH), excitement is reaching a fever pitch.
Solana’s largest cat-themed meme coin, Popcat, has dominated the market in recent months, but this week’s clear divergence in the performances of MEW and Popcat may mark an inflection point.
Popular meme coin influencer Ansem is one of those to back MEW.
He notes it has a strong community with a big presence at in-real-life events and conferences. Moreover, Ansem says it has the deepest on-chain liquidity and is the leading meme coin in trading volume on the South Korean exchange Upbit.
The South Korean crypto market is huge, with the Upbit exchange processing $2.2 billion in 24-hour hour volume.
As such, it’s impressive that MEW is the favourite meme coin despite its sub-$1 billion market cap.
looks like $MEW is going to go into price discovery this week
• deepest liquidity onchain out of all memecoins
• most active irl presence, even at events external to crypto
• #1 memecoin trading volume on Upbit, Korea's largest exchange
• very underowned on CT pic.twitter.com/edrZ68HDfI
