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MEW Stock Soars Amidst Dog Market Challenges

Cat in a Dogs World (MEW) saw its price surge for three consecutive days, hitting $0.0050, its highest since June 11th, after Binance announced its listing in the perpetual futures marketplace.

This Solana meme coin, launched to rival popular dog-themed tokens like Shiba Inu and Floki, experienced a 42% jump from its lowest point on Friday. Previously, MEW had a market cap of over $586 million.

With more than 183k holders, MEW is one of the most held meme coins in the industry. The token’s price has rebounded above key moving averages and indicators, suggesting a potential further rise to $0.005500 before resuming its downward trend as the hype fades.

The Binance listing signals strategic importance, potentially boosting MEW’s visibility and trading activity.

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