CandleFocus Cat-Themed Meme Coin MEW Surges to New Heights, Topping $1 Billion Market Cap
2024-10-25
Author: Content Editor
The cat-themed MEW coin has reached a market cap of over $1 billion, breaking its all-time high. This milestone comes after Bitstamp and Upbit announced support for MEW trading pairs, showcasing the growing popularity of this meme coin. Market experts predict further price increases, but caution potential buyers of a potential market reversal. MEW's growth is fueled by increasing support from decentralized platforms, and the Solana network is also experiencing growth. However, concerns about the token's long-term prospects persist, with some investors shorting the token and comparing it to other meme coins that have experienced rapid reversals.
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