Does the MEW memecoin threaten the sector's queen coins?
Solana's strong technical foundation gives the MEW memecoin a significant advantage. This, in terms of speed and efficiency of transactions, crucial aspects for the user experience in the world of memecoins.
Beyond its technical infrastructure, MEW is distinguished by its adorable feline character and engaging narrative. Consequently, in a market saturated with digital dogs, MEW offers a refreshing alternative. The latter captures the imagination of users and establishes an emotional connection with the community.
On the other hand, the coin stands out for its supply of 88.88 billion tokens, of which 90% was sent to burning. This supply reduction strategy, in contrast to the abundance of DOGE and SHIB tokens, contributes to price stability. Likewise, it increases its attractiveness for investors.
It is worth mentioning that MEW's strength lies not only in its technology and tokenomics, but also in its vibrant community of 184,000 holders. This engaged user base provides invaluable support to the project and contributes to its long-term growth. In any case, one should not lose sight of the fact that it is a high-risk asset.