MEW, a memecoin based on Solana, sees a remarkable 50% price surge. This unexpected increase comes after a significant announcement of listing on a major exchange. Despite market downturns, investor enthusiasm for memecoins remains strong.
Amidst the recent cryptocurrency market decline, the Solana-based memecoin called “cat in a dogs world” (MEW) has grabbed investors’ interest by soaring up to 50%. This surge in price defies the overall market trend. The altcoin’s unexpected rise coincided with a significant listing announcement on April 3rd, sparking speculation about its sudden increase in value.
MEW Emerges Amidst Memecoin Market Slowdown
Despite the recent decline in popular memecoins like Dogecoin (DOGE), Shiba Inu (SHIB), and Floki (FLOKI), investor interest in Solana-based memecoins remains high. MEW has recently gained attention as the latest trending altcoin, even amidst the broader market downtrend.
The primary factor driving MEW’s surge in price is Bitget’s announcement of listing the altcoin. This endorsement from Bitget signals confidence in MEW, prompting investors to take notice. The listing took place today at 14:00 local time, with trading already underway. Bitget facilitated deposit transactions for MEW ahead of the listing, with withdrawal transactions scheduled to commence on April 4th at 15:00 local time.
Bitget’s listing of MEW includes various promotional events aimed at rewarding users, totaling $22,000 worth of MEW being distributed. These events range from deposit discounts to trade incentives, encouraging user engagement with the newly listed altcoin. The listing announcement and associated promotional activities have contributed significantly to the heightened investor excitement surrounding MEW.
MEW’s Surge Following Bitget Listing
Following Bitget’s announcement of listing MEW and subsequent promotional activities, the altcoin has experienced a significant price surge of up to 50% within the last 24 hours. As of the time of writing, it is trading at $0.008621 after a slight pullback. Alongside the price increase, there has been a notable rise in MEW’s market value and trading volume.
Bitget’s listing of MEW has brought the altcoin into the spotlight, leading to speculation about its future price trajectory. Many anticipate that MEW’s price will continue to rise and potentially multiply its value. Comparisons have been drawn to the strong rally of another memecoin, MAVIA, after its listing on Bitget, fueling expectations that MEW will experience a similar surge in value.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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