Crypto exchange Kraken has listed the cat-themed meme coin MEW, but its price has dropped by over 15% in the past 24 hours. MEW was launched in 2024 to challenge dog-themed meme coins but does not have any specific use cases. MEW is currently the worst-performing meme coin with a market cap over $500 million. Other cat-themed meme coins, such as POPCAT and MOG, have also experienced double-digit drops, while major dog-themed meme coins like Dogecoin and Shiba Inu have seen smaller declines. Kraken has recently added support for other cryptocurrencies like EigenLayer and MEW.



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