CandleFocus MEW explodes to new all-time high after Bitstamp listing
2024-10-24
Author: Content Editor
Cat in a dogs world (MEW), a cat-themed meme coin on the Solana blockchain, reached a new all-time high on October 24. With meme coins experiencing a surge in popularity, MEW saw a spike to $0.01136 and recorded a 24-hour trading volume of over $474 million, marking a 177% increase. The coin's market cap exceeded $990 million and it ranked as the 83rd largest cryptocurrency by market cap. MEW also ranked 10th in the meme coin segment, ahead of Mog Coin and Goatseus Maximus. Crypto exchange Bitstamp added trading support for MEW, while the Drift Protocol and other platforms added support for MEW perpetual futures. The combination of the meme coin boom and these listings contributed to MEW's rise. Futures open interest for MEW increased by 59% to over $211 million, and liquidations amounted to over $2.47 million in the past 24 hours.
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