What is Cat in a Dogs World (MEW) Coin: Something You Need to Know About It

2024/06/06By:

In the world of meme coins, a new contender has emerged: Cat in a Dogs World, known by its token, $MEW. This token, launched on the Solana blockchain, has grabbed the attention of crypto enthusiasts by challenging the dominance of dog-themed meme coins. Since its launch, MEW has seen a surge in trading activity, indicating growing interest from investors.

So, what exactly are MEW coins? Is it a good investment in 2024? In this article, we will take a close look at all the information about Cat in a Dogs World meme coin.


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Table of Contents

What is Cat in a Dogs World (MEW) Coin?

MEW Tokenomics

How Does MEW Coin Perform?

MEW Meme Coin Risks

MEW Price Prediction 2024,2025 and 2030

Is MEW a Good Investment in 2024?

How to Buy MEW Coin?

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What is Cat in a Dogs World (MEW) Coin?

In the dog-eat-dog world of cryptocurrency, Cat in a Dogs World (MEW), a new meme coin, emerged. This meme coin, Cat in a Dogs World (MEW), a feline force to be reckoned with, struts with the confidence of a cat on a hot tin roof amidst competitors dominated by doges and shibas. The MEW coin is the native token of cat in a dogs world and represents a bold attempt to break the dominance of dog-themed memes by introducing fresh cat-centric narratives.

The main image of MEW coin is a white cat being active in a dog-dominated world. The project, which was launched on the Solana blockchain, has quickly attracted the attention of the cryptocurrency community since its launch and has garnered significant support from the Solana community. This allows MEW to leverage the blockchain’s efficiency, enabling investors to conduct swift transactions through the Phantom wallet.

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MEW Tokenomics

The total supply of MEW coins is 88,888,888,888 MEW, and the current supply in circulation is 88,888,888,888 MEW.

According to the official website, the token distribution of this meme coin is as follows:

  • 90% of its liquidity pool (LP) tokens are burned, targeting to establish a stable price floor, thus reducing the token’s vulnerability to market volatility
  • 10% was airdropped to the Solana community, a move fostering engagement and support within an existing community, enhancing MEW’s presence and usefulness in the broader crypto ecosystem.

How Does MEW Coin Perform?

Since its debut in the early hours of March 26, MEW cryptocurrency has seen a surge in trading activity, boasting over $176 million in volume in just the first 5 hours of trading.

In addition, a cryptocurrency trader stunned the entire community by earning an extraordinary fortune via a trivial investment in MEW coins in less than two hours. This savvy investor bought a staggering 4.41 billion MEW tokens for 178.2 SOL (equivalent to $35,000). In just two hours, the value of the MEW tokens he received soared to an eye-popping $8.9 million. This resulted in an unrealized profit of nearly $8.89 million, or 255 times the initial investment.

Then on April 3, 2024, MEW price spiked by over 30%, driving its market cap to $765 million—only a week after its launch. This rally attracted attention from big dogs like BitMEX co-founder Arthur Hayes and crypto analyst Lark Davis.

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MEW Meme Coin Risks

While investors witnessed an impressive launch for MEW meme coin, it is necessary for us to be fully aware of  the inherent risks associated with meme coins. Meme coins are fundamentally different from established cryptocurrencies with real-world applications.

Dependence on hype: much of MEW’s initial success rooots in the “Cat in a Dogs World” branding and the hype surrounding Solana. If the community loses interest, or a competitor emerges with a more compelling narrative, MEW’s value could plummet. We must face the fact that most meme coins often rely on staying relevant in the fast-paced world of internet culture.

Volatility: like most meme coins and cryptocurrencies, MEW’s price tends to wild swings. Hype, social media trends, and celebrity endorsements, can easily lead to dramatic price fluctuations. Investors are advised to be fully prepared for this volatility and only invest what they can afford to lose. Meme coins are often fueled by speculation and FOMO (Fear Of Missing Out). There’s no guarantee the party will last.

Lack of regulation: meme coin market remains largely unregulated, making it vulnerable to scams and pump-and-dump schemes. Investors should conduct thorough research on MEW and its development team before investing. Beware of unsolicited investment advice or unrealistic promises of high returns.

MEW Price Prediction 2024,2025 and 2030

As of writing this article in June 6, MEW was trading at $0.00432943, up 3.37% over the last 24 hours, this meme coin was down 5.68% over the last 7 days, peaking at $0.00479701.

With the rise in the price of the coin, MEW’s market capitalization reached $384.838 million, ranking 221 among all cryptocurrencies. In addition, its trading volume in the last 24 hours was $66.312 million and circulation supply was $88.889 billion MEW.

The following sets forth the MEW to USD Price Chart:

cat in a dogs world Chart

For more information about Cat in a Dogs World, please visit BTCC MEW Quote Page.

MEW Price Prediction 2024

With the support of a dedicated and active meme-crypto community, cat in a dogs world has the potential to reach even greater heights in the coming years. By the end of 2024, the potential maximum price level of the MEW coin could reach $0.0033 and the potential average price level is $0.0028.

However, if the cryptocurrency market faces major challenges, in a bearish environment, the potential lowest price of cat in a dogs world is predicted to be $0.0027 in 2024. If the cat in a dogs world project announces any potential use cases, the price of MEW coins may exceed our price forecast.

MEW Price Prediction 2025

The Meme coin has huge potential to attract the attention of a large number of traders, and its popularity, combined with its development, could trigger a bullish trend in the market. Based on our price forecast for cat in a dogs world in 2025, we predict that MEW’s potential highest price level can reach $0.0049 by 2025.

If the market remains stable and bullish, we expect the average price of MEW coins to remain high in 2025, and the average price of MEW coins is projected to be $0.0041. However, if the market is bearish, the lowest price for MEW this year could fall to $0.0040. If the trend of meme coins continues, MEW coins may exceed our price forecast in 2025.

MEW Price Prediction 2030

Many cryptocurrency analysts believe that the price of cat in a dogs world will continue to rise due to potential partnerships that are coming up in 2030. In the long term, cat in a dogs world is expected to see significant growth and it has the potential to reach a peak price by the end of 2030, with prices reaching $0.0583.

If the crypto community supports the meme coin, the average transaction price of the MEW coin could be around $0.0560. However, if the cryptocurrency market experiences a significant bearish trend, the minimum price of the MEW coin could fall to $0.0541 by 2030.

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Is MEW a Good Investment in 2024?

With the world of cryptocurrency being a dog-eat-dog landscape,  MEW meme coin is taking the crypto world by storm. There’s no denying that MEW’s unique tokenomics, blending strategic burning and intentional airdrops, has made it as a unique breed in the competitive cryptocurrency market.  Like a cat with nine lives, MEW has proven to be resilient with its excellent performance. We believe the outlook for MEW is promising and Mew would certainly make great contribution to the develop of meme coin and even the whole cryptocurrency market.

In summary, the rise of Cat in a Dog World’s native token, $MEW, represents  a change in the meme coin landscape, challenging the dominance of dog-themed tokens and drawing the attention of crypto enthusiasts. With its impressive performance post-launch and remarkable success stories of early investors, $MEW presents an intriguing opportunity for those looking to capitalize on the meme coin craze.

However, as all cryptocurrencies are quite volatile in nature, including MEW. The MEW project is a relatively young project. Its long-term success depends on several factors, such as community engagement, potential utility integration, and exchange listings. All investors, no matter are experienced traders or newcomers, are highly advised to do enough homework and thorough research before making any investment decision.

How to Buy MEW Coin?

If you are interested in buying cat in a dogs world coins, they are available on exchanges such as Gate, Orca, CoinEx and others.

Unfortunately, BTCC does not currently support MEW coins, but offers a variety of popular meme-coin trading pairs, including PEPE, DOGE, SHIB, WIF, etc. If you are interested in these meme coins, you can choose to buy them on BTCC.

BTCC stands out in many aspects, like high liquidity & volume, flexible leverage up to 225x, rich rewards, etc. We believe join BTCC would make your trading journey more delightful!

The following sets forth the guidance for buying meme coin futures on cryptocurrency exchange BTCC:

Step One: go to the BTCC homepage and log in to your BTCC account. If you do not have an account, you need to register first.

Step Two: on the BTCC official homepage, choose “Deposite” > “Fiat Deposit”, and then fund your account.

Step Three: go back to the BTCC official homepage, choose “Futures” -“USDT-M Perpetual Futures Contract”, and find the meme coin trading pair.

Step Four: choose the contract trading order type. BTCC contract orders are divided into market orders, limit orders and SL/TP orders.

  • Market Order: users place orders at the best price in the current market to achieve fast trading.
  • Limit Order: Limit orders are a type of order to buy or sell futures at a price more favourable than the market price. When you buy at a price lower than the market price or sell at a price higher than the market price, the order will be in the form of a limit order.
  • SL/TP Order: SL/TP orders are a type of order to buy or sell futures at a price less favourable than the market price. When you buy at a price higher than the market price or sell at a price lower than the market price, the order will be in the form of a SL/TP order.

Step Five: adjust the leverage multiple.

Please keep in mind that operating leverage carries the risk of liquidation. Leverage should be adjusted based on your financial status and risk tolerance.

Step Six: choose the lot size and set the SL/TP price .

Step Seven: after setting the basic data information, users can choose to buy (open long) or sell (open short) after entering their ideal price. Traders should remind that the price cannot be higher or lower than the highest buying price or lowest selling price of the platform.

Step Eight: click the buy or sell button, and the meme coin futures contract order is completed.

 

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