MEW Coin Surges 14% Following Upbit Listing, Joining DOGE and SHIB
- MEW price increased by 14% after listing on South Korean exchange Upbit, paired with the Korean Won (KRW).
- Trading volume soared by 370% to $358.26 million, indicating strong market interest.
- Futures open interest rose by 16% to $165.43 million, with derivatives volume up 302% to $1.32 billion.
MEW’s listing on Upbit marks it as the third meme coin, after DOGE and SHIB, to achieve such a milestone with a KRW pair. This move boosts its visibility in the Asian market and reflects the growing acceptance of meme coins in mainstream crypto trading.
As MEW continues to gain traction, its recent market performance suggests a favorable outlook for meme tokens, potentially leading to broader adoption and increased investor engagement in this sector.