MEW token reaches a $1B market cap after breaking its all-time high.
Solana sees a 17% price jump amid rising MEW volume and staking activity.
MEW token listed on Bitstamp with EUR and USD trading pairs.
The cat-themed MEW coin has soared to new heights, breaking its all-time high and exceeding a $1 billion market cap. This milestone follows Bitstamp’s announcement to list MEW trading pairs like MEW/USD and MEW/EUR. In addition, Korea’s top exchange, Upbit, reported higher MEW volume than Bitcoin, showing the rising popularity of this meme coin.
BREAKING: SOLANA MEMECOIN $MEW (@MewsWorld) HITS $1 BILLION MARKET CAP pic.twitter.com/8VFkUjyVVq
— DEGEN NEWS (@DegenerateNews) October 24, 2024
Market experts are excited about MEW’s potential, given its consistent uptrend since its launch. Some analysts predict parabolic moves in the coming days, with a target price of $0.045. However, others caution FOMO buyers, warning that a potential reversal could trap those late to the game.
Decentralized Platform Support Fuels MEW’s Rise
MEW’s growth is driven by increasing support from decentralized platforms. Drift Protocol, built on Solana, has added per…
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