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MEW Price Analysis: Cat In a Dogs World Defies Meme Coin Crash As Retail Capital Floods PlayDoge

Find out about the remarkable rally of Cat in a Dog's World (MEW) in the crypto market. Discover why MEW meme coin saw +42% surge in value.

By Isaiah Mccall

Last Updated: Jun 18, 2024

Find out about the remarkable rally of Cat in a Dog's World (MEW) in the crypto market. Discover why MEW meme coin saw +42% surge in value.

Find out about the remarkable rally of Cat in a Dog’s World (MEW) in the crypto market. Discover why MEW meme coin saw +42% surge in value.

Cat in a Dog’s World (MEW) is shining bright as the crypto world burns. The Solana meme coin surged for three days to hit $0.0050 before easing to $0.004536—its highest point since June 11th.

This +42% jump from Friday’s low stands out in a market bloodbath, showcasing MEW’s resilience and investor appetite. Here’s why Mew still has room to grow.

(MEWUSD)

Cat In a Dogs World – The Power of a Binance Listing

Cat in a Dog’s World (MEW) burst onto the scene to take on dog-themed tokens like Shiba Inu and Baby Doge Coin.

The latest price jump came after Binance, the biggest crypto exchange, announced it will list MEW on its perpetual futures marketplace, offering trades with up to 50x leverage.

Despite market volatility, MEW boasts over 183k holders, per DEXTools, and is continuing to grow, partnering with animation powerhouse LOCUS to produce a new 3D animated series.

This listing marks a major milestone, solidifying MEW’s rising status in the crypto world.

Technical Indicators Point to Bullish Momentum For Cat In a Dogs World

MEW’s price action is sending mixed signals but leaning bullish. While it’s above the 200-day SMA hinting at a long-term bullish trend, short-term indicators like the 200SMA approaching the 20 day show that things could get choppy

Buy or Wait?: With bearish indicators and the price below the 20-day SMA, it’s wise to wait for signs of stabilization around $0.0035 or a bullish reversal before jumping in.

PlayDoge (PLAY): The Next Big Meme Coin

While MEW continues to climb, PlayDoge (PLAY) is stealing the spotlight as one of this year’s best new meme coins. The retro Play-to-Earn (P2E) project has crushed its presale, raking in over $4.5 million so far.

PlayDoge taps into ’90s nostalgia, blending meme culture with old-school video game charm. Gamers adopt ‘Doge’ pets (sorry Mew, people still love dogs), earning PLAY tokens by keeping them happy through 8-bit mini-games. A leaderboard showers top players with extra tokens. The stakes are high as PLAY tokens offer an impressive 164% APY for stakers.

The hype is real. Influencers like Crypto Gains and Jacob Bury are touting PLAY’s explosive potential, forecasting a 10x rise post-listing.

With a booming social media presence and a #1 ranking on ICOBench.com, PlayDoge is perfectly positioned at the crossroads of P2E gaming and meme coin fever.

Visit the PlayDoge website to buy $PLAY in presale now. 

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

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Disclaimer
Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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Isaiah Mccall
Isaiah Mccall
Crypto Analyst

Isaiah McCall is an ultramarathon runner and journalist for 99Bitcoins. He started at USAToday in 2019 and now has a Medium blog following of 30k+ and millions of views. Follow him at @AfroReporter Read More

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