$MEW MEW Cryptonova challenges the dog meme coin, and the market responds enthusiastically #大家看看貓貓

MEW, the "Cat World of Cats", has risen rapidly in the crypto market, with an increase of more than 85% in seven days, challenging the status of traditional meme coins such as Dogecoin. Its market capitalization ranks among the top ten meme coins, its trading volume has exceeded US$250 million, and its price has risen steadily. MEW's success is due to the "Global Cat Season" event, which aims to promote the rise of cat meme coins.

On July 22, MEW’s trading volume soared to US$2.07 billion, ranking sixth in cryptocurrency trading volume, triggering heated market discussions. However, its promotion methods have also caused controversy. It is rumored that the development team paid high fees to influencers in exchange for promotion, and some influencers may face investigations.

Despite this, MEW still injects new vitality into the encryption market and demonstrates the market's enthusiasm for innovative projects. In the future, as the market matures, more emerging projects will emerge, providing investors with more choices.

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