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MEW token soars nearly 30%, reaching new all-time-high

Dorian Batycka
Edited by
News
MEW token soars nearly 30%, reaching new all-time-high

Cat in a dogs world, the cat-themed Solana meme coin skyrocketed to a new all-time high on Nov. 14, beating its previous ATH of $0.01165.

After record-breaking gains from meme coins like PNUT (PNUT) and PEPE (PEPE), MEW (MEW) joins the race by hitting an all-time-high of $0.01238 on Nov. 14. The meme coin has been on a high-rise since the beginning of November, soaring 43.8% in the past month.

In the past 24 hours, the cat-themed coin has gone up by 28.8%. The MEW token is currently trading hands at a price of $0.01199 only slightly lower than its ATH. In the past seven days, the meme coin has soared by 32.2%. The meme coin has gone up by 28.9% in the past two weeks.

MEW token soars nearly 30%, reaching new all-time-high - 1
Price chart for the MEW meme coin reaching a new all-time-high, November 14, 2024 | Source: crypto.news

The MEW token holds a trading volume of more than $782 million in the last 24 hours, representing a 182.50% increase compared to yesterday, indicating a recent rise in market activity.

With a market cap of more than $1 billion, the MEW meme coin stands in 98th place in the cryptocurrency ranking. In the meme coin segment, MEW is ranked in 11th place just below the dog-themed Neiro(NEIRO) and falling three steps behind another cat-themed coin, Popcat(POPCAT) in 8th place.

The meme coin with the little cartoon cat icon has a fully diluted valuation of more than $1.06 billion and circulating supply of more than 88 billion MEW coins.

The cat in a dog’s world meme coin was launched in March 2024. It was created to challenge the dominance of dog-themed meme coins like NEIRO(NEIRO), DOGE(DOGE), and SHIB(SHIB) in the crypto trading market, hence the name. MEW quickly rose to the leader board after gaining a market cap of over $317 million, alongside other cat-themed coins such as POPCAT(POPCAT), MICHI(MICHI), HAPPY(HAPPY) and CAT(CAT).