MEW Price Increased by 18% Amid Major Listing Announcement
In recent events, solana‘s meme coin MEW has attracted the attention of crypto market traders and investors worldwide. This digital asset defied broader market trends with a stunning price increase of almost 18%, even reaching a maximum increase of over 21% during the same period. This remarkable performance can be attributed to the major cex bithumb listing announcement announced today, April 7, which instilled significant optimism about the Solana-based meme token. This rally is particularly notable given current market conditions that highlight the potential of MEW and the growing interest in niche cryptocurrency markets.
MEW List Announced on Bithumb
The excitement surrounding MEW increased even more when Bithumb announced that it would be launching MEW (Cat in a Dogs World) on its platform. Bithumb stated that the support market for MEW is the Wonhwa Market and the Solana network is the only supported network for deposits. The timeline for this launch has been set such that deposits will start at 15:30 today, i.e. April 7, and trading and withdrawals will start at 18:00 on the same day.
The starting base price for MEW was set at 6,053 won and required 20 deposit confirmations. The announcement caused a dramatic increase in trading volume, with MEW reaching $92.5 million in the last 24 hours, up 63.70% from the previous day. This significant increase in market activity signals strong investor confidence and interest due to the prospect of new listings and general excitement in the crypto community.
So read: Crypto Prices Today June 7: Bitcoin Holds Firm Above $71K, Wormhole (W) Rises 12%
Current Market Performance and Future Prospects
As of this writing, MEW (Cat in a Dogs World) is priced at $0.005179, supported by a significant 24-hour trading volume of $92.5 million. This reflects an increase in price of 17.97% in the last 24 hours and 20.34% in the past week. With a circulating supply of 89 billion MEW, the token’s market cap stands at an impressive $459.1 million.
bitget had also previously expressed support for MEW and planned to list the token in April. Bitget’s announcement led to a price increase of approximately 50%, indicating increased interest in MEW. According to Bitget’s statement, the platform started trading MEW on April 3 and deposits will begin on April 4. This continued support from major exchanges such as Bithumb and Bitget highlights the growing acceptance and potential of MEW and suggests a promising future for this unique Solana-based device. meme coin as it continues to attract significant investor interest and market activity.
So read: Meme Coin GameStop ($GME) Jumps 118%, Roaring Kitty Eyes Billionaire Status
✓ Share:
parofix consists of an experienced team of local content writers and editors who work around the clock to cover the news globally and present the news as a fact rather than an opinion. parofix writers and reporters contributed to this article.
The content presented may contain the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. Neither the author nor the publication accepts any liability for your personal financial loss.
#MEW #Price #Increased #Major #Listing #Announcement