Shiba

Bonk

USDC

Gains

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/mew-coin-gains-significant-attention-in-crypto-market/" data-wpel-link="internal">MEW Coin Gains Significant Attention in Crypto Market</a><br></p>
<p style="text-align: justify">The project that dominated the <a href="https://en.coin-turk.com/what-is-a-trading-pair-trading-pairs-on-exchanges-and-cryptos/" data-wpel-link="internal">crypto </a><a href="https://finance.coin-turk.com/" data-wpel-link="exclude">market</a> in the past week was an unusual cat-themed meme coin. This meme coin, which saw an increase of over 100% in the last seven days, was none other than MEW. Created on the Solana blockchain in the first quarter of 2024, MEW continues to multiply its value day by day. Dogecoin (DOGE) and Shiba Inu’s (SHIB) dominance in the meme coin world seems to have been temporarily overshadowed.</p> 
<h2 style="text-align: justify" id="what-is-mew-s-current-value">What is MEW’s Current Value?</h2> 
<p style="text-align: justify">As of the time of writing, MEW’s market cap has exceeded $700 million, reaching $741.5 million. It ranks 9th among meme coins in terms of market value. According to Coinmarketcap data, the cryptocurrency’s 24-hour trading volume is over $250 million.</p> 
<p style="text-align: justify">At the time of writing, MEW is trading at $0.008334 after an 8% increase in the last 24 hours and a 100% increase in the last 7 days.</p> 
<h2 style="text-align: justify" id="the-future-of-mew">The Future of MEW</h2> 
<p style="text-align: justify">The interest and upward trend in MEW are said to be more than just a popularity phase. Developers have declared a “global cat season,” suggesting that cat-themed meme coins will outperform dog-themed meme coins.</p> 
<p style="text-align: justify">Recent <a href="https://newslinker.co/how-does-artificial-intelligence-work/" target="_blank" rel="noopener" data-wpel-link="exclude">data shows</a> that MEW’s performance has surpassed other dog-themed meme coins like Dogecoin, Shiba Inu, Dogwifhat (WIF), Bonk (BONK), and Floki (FLOKI), seemingly justifying the developers’ claims for now.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-373394" src="https://coin-turk.com/wp-content/uploads/2024/07/mew-coin-kedi-coin-turk-com.png" alt="" width="1261" height="718"></p> 
<p style="text-align: justify">Additionally, partnerships have significantly impacted MEW’s growth. In a recent collaboration with Pixelverse, a notable Web3 gaming project, MEW’s logo (a stylized white cat) was added to Pixelverse’s Telegram stickers, contributing to the project’s visibility. Moreover, crypto exchange listings and promotional activities have also had a significant impact.</p> 
<p style="text-align: justify">On July 22, MEW’s trading volume surpassed $2.07 billion, highlighting significant speculative interest and propelling MEW to the 6th position in trading volume rankings.</p> 
<p style="text-align: justify">However, this price increase brought along rumors. A Twitter account named “cex offender” made significant allegations about undisclosed paid promotions involving key opinion leaders (KOLs).</p> 
<p style="text-align: justify">Cex Offender made the following statement:</p> 
<blockquote> 
 <p style="text-align: justify">Insiders were told before the launch and offered $250,000 USDC to many of your favorite influencers, but they did not disclose the payments. From what I hear, many of these influencers will be under federal investigation.</p> 
</blockquote> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/mew-coin-gains-significant-attention-in-crypto-market/" data-wpel-link="internal">MEW Coin Gains Significant Attention in Crypto Market</a></h5>

MEW Coin Gains Significant Attention in Crypto Market

Table of Contents

COINTURK NEWS

Other articles published on Jul 24, 2024

Hex Trust Set to Expand DPT Services in Singapore

New Memecoin Pepe Eats Solana (PEPEATS) Will Rally 19,000% Before Exchange Listings, As SHIB and ...

Chinese E-commerce Giant JDcom to Issue Hong Kong Dollar Stablecoin

COTI Confirmed as First Blockchain Project to Develop Bank of Israel’s Digital Shekel Challenge

Fireblocks announces startup-focused blockchain starter toolkit

Polymarket Adopts MoonPay for Transactions

Join our free newsletter for daily crypto updates!