Featured Image from Unsplash.com, Chart from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Cat in a dogs world (MEW) has taken the market by storm after becoming the second cat-themed memecoin to hit a $1 billion market capitalization. The token joined POPCAT\u2019s rally and reached a new all-time high (ATH) on Thursday, leading the whole feline sector. Related Reading: Web3 Automation Provider Ava Protocol\u2019s Demand Surges 900% Ahead Of Token Launch MEW Hits Major Milestones Cat in a dogs world registered a significant 18.4% surge in the last 24 hours, propelling to a new ATH twice this morning. The cryptocurrency recorded its fifth ATH in the past two weeks, increasing over 95.2% and taking the memecoin sector by storm. After its surge to $0.01127, the cryptocurrency hit the long-awaited $1 billion mark, becoming the second cat-themed token to achieve this feat. As a result, MEW flipped Base Network\u2019s token Brett as the tenth largest memecoin by this metric. MEW initially joined the memecoin\u2019s top ten list back in Q2, ranking 8th among the dog-themed pack. It significantly retraced as POPCAT\u2019s popularity grew, registering a 60% correction after leading the cat-themed sector during Q1. Nonetheless, the cryptocurrency has been on an uptrend for the past month after hovering between the $0.004-$0.006 price range during most of Q3. MEW\u2019s rally this week seems to be fueled by the token\u2019s listing on the Korean crypto exchange Upbit. Market watcher Crypto General noted the memecoin\u2019s recent performance, revealing its next target for MEW. The analyst highlighted that the cryptocurrency has been \u201cin a consistent uptrend from its launch, showing great strength and potential.\u201d Crypto General expects parabolic surges in the coming days, suggesting that the cryptocurrency will target the $0.045 range for its price discovery period. As of this writing, MEW traders at $0.0112, 1.1% below its ATH. \u00a0Has The Cat Season Arrived? Many crypto analysts have previously suggested that a cat-themed memecoin season was coming. Solana\u2019s feline leader, POPCAT, recorded a new ATH on Thursday after hitting the $1.67 mark. The memecoin has registered an 82% growth in the last thirty days, becoming the first cat-themed token to achieve the $1 Billion market cap milestone a month ago. Alongside MEW and POPCAT\u2019s remarkable rally, other cat-inspired memecoins have seen a notable performance over the past week. BNB Chain-based token Simon\u2019s Cat (CAT) recorded a massive surge in the past week, nearing its all-time high price on Wednesday. CAT\u2019s price skyrocketed 80.4% in the last three days following its Future Listing on the crypto exchange Binance. Related Reading: SUI To Face Another Pullback Following 5.3% Dip, Analysts Forecast 30% Correction The price jumped from the $0.0000245 level to the $0.0000442 mark, trading just 5% below its $0.0000462 ATH registered over a month ago. Despite being down 5.1% from yesterday\u2019s surge, CAT still registers a 53% weekly increase. Crypto Trader Bluntz stated that the \u201ccat season is truly underway\u201d as the whole sector soars over 8%, according to CoinGecko data. Featured Image from Unsplash.com, Chart from TradingView.com<\/p>\n","protected":false},"author":614,"featured_media":649721,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[93274,93275,93272,93273,93044,92808,26263,10923,89756,14045,92094,91898,93276,87684],"class_list":["post-649719","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-base-memecoin","tag-bnb-chain-memecoin","tag-cat","tag-cat-token","tag-cat-themed-memecoin","tag-cat-themed-token","tag-crypto-analyst","tag-crypto-market","tag-crypto-trader","tag-mew","tag-mewusdt","tag-popcat","tag-simons-cat-cat","tag-solana-memecoin"],"acf":[],"yoast_head":"\n
MEW Hits $1B Market Cap After New ATH, Cat Season Arrived?<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n