Can The MEW Token Price Easily Take Out Its All-time Highs?

Mew Surge 144%

 

In the last 30 days, the MEW token price has traded in green for 19 days.The “Cat in a dogs world” token price has advanced by more than 80% in the last 1 month.

The sentiment of the cat in the dogs world token was bullish at press time, as per CoinCodex. Following this, the fear and greed index of the token was at 70, showing greed among the investors. 

From the all-time low price of $0.000844, the cat in a dogs world token price has advanced by 745%. Additionally, the all-time low in the price was achieved four months ago.

The token’s market cap has advanced by 31% in just the last 24 hours, resulting in a market cap value of $630.528M. Also, the market cap ranking of the token was #106, as per CoinMarketCap.

Moreover, the trading volume of the cat in a dogs world token has advanced by 95%, resulting in a traded value of $332.106M. It resulted in a huge liquidity in the crypto, leading to a volume/market cap ratio of 52.03%.

Cat in a dogs world Derivatives Data Analysis

A huge surge of 144% in the derivatives trading volume of the token is recorded in the last 24 hours from the press time. That has resulted in a traded value of $1.85B, much higher than the spot volume.

The open interest of the token has also advanced by 92% in the last 24 hours from the press time. That shows a considerable advance in the number of open positions of the token. 

Additionally, higher short liquidations were recorded in the token, resulting in a value of $2.83M, followed by long liquidation of $1.43M. It showed the bulls’ dominance in the token price.

The MEW token price has strongly advanced over the last few days, following a bullish momentum.

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