Dubbed as cat in a canine’s world, the MEW token is poised to finally dethrone the likes of Shiba Inu ($SHIB) and Dogecoin ($DOGE). The Solana cat meme coin has established itself as a competitor primarily based on its characters, supporting characters, and storyline. The group believes that dog-themed tokens have largely dominated the meme coin phase; it’s now time for a cat-themed token to rise to the highest.
Given its present market cap rating of 156th, it might require a while to finish. It’s not out of the query, and therefore, the hypothesis has triggered a dialogue about the potential for the identical.
MEW is backed by two essential elements: provide and collaboration with LOCUS Animation Studios. It has a restricted provide of 88,888,888,888, out of which 90% has been burned and the remaining 10% has been airdropped to the Solana group. It’s additional supported by a DEX reliability rating of 99/99, together with a verified contract that isn’t fagged as a honeypot.
A collaboration with LOCUS Animation Studios goals to develop the token’s attain and enchantment past the cryptocurrency enviornment. MEW will obtain the target by leveraging the animation studios’ animated storytelling and visible artistry.
Furthermore, listings on quite a few crypto trade platforms help MEW. This contains KuCoin, HTX, OKX, Bybit, and Bitget, amongst others. The query is whether or not MEW will ever surpass DOGE and SHIB within the meme coin phase. It’s believable for the token worth to mark that feat; nevertheless, the market cap may take a while.
The worth of MEW has dropped by 8.87% within the final 24 hours to $0.004449. It’s predicted to surge to $0.005716 within the subsequent 5 days and $0.014326 within the subsequent 30 days. The month-to-month surge will replicate a soar of 225.46% amid the volatility of 20.24% and the 14-day RSI of 61.02.
In a single day, SHIB has shed weight by 1.70%. It’s now exchanging fingers at $0.00002209. The market cap has dipped by 1.72%, but it surely nonetheless stands above $13 billion. Shiba Inu is subsequent predicted to be valued at $0.00002790 and $0.00007004 in 5 days and 30 days, respectively. Shib Inu goals to dethrone Dogecoin from the highest of the record.
DOGE has a market cap of greater than $20 billion and a token worth of $0.1398, down by 0.99% within the final 24 hours. General sentiments are bearish, as evidenced by the near-term predictions, which estimate the token to fall to round $0.136007 within the subsequent 5 days and $0.117883 within the subsequent 30 days.
MEW continues to be more likely to inch nearer to each meme cash, however the timeline might be stretched a bit longer than anticipated.