What is MEW Memecoin?
MEW (Cat in a Dogs World) is a memecoin on the Solana ecosystem symbolized by a white cat living in a world dominated by dogs. This memecoin was launched at the end of March 2024, aiming to be a counterpoint to the dog-themed memecoins such as Dogecoin, Shiba Inu, and Doge.
The sole purpose of Cat in a Dogs World is to elevate cat-themed memecoins to be on par with dog-themed ones. This has garnered significant support from the community, especially cat lovers. In just four days post-launch, the price of MEW nearly quadrupled, reaching a market cap of nearly $900 million.
Related: What Are Memecoins? Top 5 Most Promising Memecoins of 2024
What are the Highlights of MEW?
At the beginning of 2024, memecoins became one of the driving forces in the crypto market, with many meme tokens seeing significant growth. The Solana ecosystem also saw the emergence of new meme types with diverse themes, most notably dog-related memes, aiming to follow the footsteps of major memecoins like Shiba Inu and Doge.
On March 27, 2024, MEW was introduced with the name “Cat in a Dogs World,” indicating its presence in a Solana ecosystem flooded with dog memes. The primary goal of MEW is to maintain a balance between dogs and cats within the Solana network.
MEW’s story has attracted many prominent investors, including Arthur Hayes, co-founder of BitMex, and Andrew Kang. They believe that the new cycle should feature new memecoins with fresh themes, and that theme is “cats.” Immediately after its launch, MEW was listed on several CEXs such as OKX, Poloniex, and CoinEx, pushing its trading volume to $250 million, surpassing many major cat-themed memecoins like WEN and Catwifhat.
On April 1, 2024, MEW continued to draw attention by airdropping to numerous users within the Solana ecosystem, including holders of Solana Mobile, memecoin BONK, and WIF. This brought MEW’s market cap to $900 million, placing it in the top 5 of dog-themed memecoins, according to CoinGecko.
What is MEW Token?
Basic Information about MEW Token
- Token Name: Cat in a Dogs World
- Token Symbol: MEW
- Blockchain: Solana
- Smart Contract Address: MEW1gQWJ3nEXg2qgERiKu7FAFj79PHvQVREQUzScPP5
- Total Supply: 88,888,888,888 MEW
- Circulating Supply: 88,888,888,888 MEW
MEW Token Allocation
- Burned LP: 90%
- Airdrop to Solana Community: 10%
MEW Token Release Schedule
All MEW tokens were fully unlocked at TGE.
What is MEW Token Used For?
Like most memecoins, MEW Token has no specific utility.
Where to Trade MEW Token?
Currently, MEW Token is being traded on major exchanges such as OKX, Bybit, Gate, and Binance Futures.
Roadmap
There is no specific development roadmap.
Similar Projects
Some memecoins similar to MEW include BONK, WIF, and WEN.
Project Information Channels
- https://mew.xyz/
- Twitter:https://x.com/mewsworld
Conclusion
MEW has been generating significant excitement in the crypto community, attracting the attention of many investors due to its unique story and strong community support.
Through this article, AZC.News has introduced information about the MEW Memecoin and MEW Token. If you have any questions, please leave a comment below to get an immediate response!
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