Investors Switch to Cat-Themed Meme Coins as MEW Tokens Rise: Will Dogecoin20 Revive Dog Meme Trend Upon Launch? | Trending Viral hub

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The cryptocurrency market, long ruled by dog-themed tokens, is undergoing a shift. The MEW coin, a project with a feline-focused brand, is attracting attention for its recent rise in value.

In less than a week, the token’s price increased by 220%, boosting its market capitalization to a staggering $633 million. The MEW coin looks set to dominate the market with its cat theme.

Cat memes take over: MEW coin challenges dog dominance

The MEW coin brand cleverly incorporates elements of popular dog-themed coins such as Baby Doge Coin, Dogelon Mars, Bonk and dogwifhat, along with nods to internet culture with references to Pepe. The project’s motto: “For too long, dogs have ruled the world.”

“It is the dawn of a new era,” sums up their mission to disrupt the dominance of dog coins and establish cats as the new rulers of the crypto kingdom. Also known as “the cat in the dog world,” the MEW coin has caught the attention of investors and enthusiasts alike for its impressive performance.

With a total supply of 88 billion tokens, the MEW coin allocates 90% to the burned liquidity pool and reserves 10% for airdrops to the Solana community, fostering a sense of community participation from the beginning.

The roadmap outlines ambitious goals, including becoming the first cat coin to reach a $1 billion market cap, investing in established projects like Floki and Pepe, and achieving global MEW dominance.

Surprisingly, the MEW coin has already made significant progress towards these goals, powering notable projects like Baby Doge Coin and securing a top 200 position on CoinGecko. The notable rise of the MEW coin has not escaped the attention of investors, sparking speculation about its continued growth potential.

While some worry about a possible pullback after its rapid rise, the project’s momentum remains strong. Rumors of high-profile exchanges expressing interest in the MEW coin have added fuel to speculation, further increasing its popularity among traders.

The MEW coin airdrop strategy, which distributed $30 million worth of tokens to early adopters, has been instrumental in fostering a dedicated community of followers. Those lucky enough to get in early have reaped substantial rewards, with initial prices skyrocketing from $0.002597 to $0.005107, resulting in impressive profits for early investors.

For those interested in exploring similar projects, check out our exclusive guide to The best Solana meme coins for 2024.

Cat in a Dogs World (MEW) Price Analysis

The recent rise in MEW price is impressive, with a 29.13% increase in just 24 hours, raising its value to $0.0072. This growth has boosted its market capitalization to a significant $633 million, cementing its position as one of the top gainers.

Despite the volatility, the token appears to be breaking free, suggesting continued bullish sentiment. The high trading volume also indicates strong buying pressure. A key resistance level lies between $0.0085 and $0.0090. Successfully surpassing this level could be crucial for further price appreciation.

On the downside, the price seems to be finding support around $0.0072. However, further selling pressure could push it below this level, jeopardizing its uptrend and potentially reaching a critical support level of $0.004000.

Cat in a dog global price analysis chart

Cat in a Dogs World (MEW) Price Prediction

An increase in buying interest could push the MEW price up further. Clearing the $0.0085 hurdle could unlock further advances towards targets like $0.010, $0.0125 or even $0.015.

However, the fundamental challenge remains at $0.0085. Overcoming this resistance is essential to maintaining bullish momentum, as a failure could trigger a consolidation or price reversal. Careful monitoring of price movements around $0.0085 is crucial to determining the immediate direction of MEW.

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Can the launch of Dogecoin20 bring investor interest back to dog-themed meme coins?

Dogecoin20 is scheduled to launch earlier, coinciding with the crypto community’s “Doge Day” celebration. This project has sparked great interest for several key reasons. Firstly, Dogecoin20 raised significant funding of $10 million during its pre-sale phase, indicating strong investor confidence from the beginning.

Secondly, the project introduces a novel staking system powered by Ethereum smart contracts. This “nice guy bet” feature allows users to generate Passive income safely and agilely. Additionally, Dogecoin20 operates on the Ethereum network, offering users a familiar and convenient wallet experience.

A key differentiator is Dogecoin20’s fixed supply structure, which contrasts with the unlimited supply of its namesake, Dogecoin. This feature appeals to cryptocurrency enthusiasts looking for a more sustainable investment option.

Beyond its features, Dogecoin20 has earned placements in prominent publications, further solidifying its credibility within the cryptocurrency space.

The project roadmap outlines a clear development path, including pre-launch staking incentives, a decentralized exchange launch on Uniswap, and ongoing passive rewards programs. Dogecoin20 tokenomics demonstrates a strategic approach.

With 25% of the token supply allocated for pre-sales and another 25% dedicated to marketing initiatives, the project is well positioned to achieve widespread adoption. In addition, important allocations for the project treasury, betting Exchange rewards and liquidity promote long-term financial stability.

To improve transparency for investors, Dogecoin20 offers a rewards calculator that allows users to estimate potential profits. This feature fosters confidence in the investment process. Like early investment opportunities in established cryptocurrencies like Dogecoin and Ethereum, Dogecoin20 presents a potentially lucrative opportunity.

The upcoming launch has sparked discussions within the crypto community. With its launch on the horizon, Dogecoin20 is poised to have a significant impact on the dynamic cryptocurrency market. To participate in the $DOGE20 pre-sale, visit dogecoin20.io.

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