General Characteristics
Cat in a dogs world ($MEW) is a feline-themed meme coin launched on the Solana network at the end of March 2024. Being on a mission to save cats from canine-themed meme coins, $MEW has quickly solidified its position on the market, becoming a worthy competitor to its dog-themed rivals.
The central figure of $MEW is a heroic cat battling a fictional oppressive dog regime in a city. Its unique brand positioning and compelling narrative have allowed this meme coin to stand out and attract significant attention from the crypto community.
$MEW has rapidly become one of the top-ranking meme coins on Solana. It recorded a remarkable trading volume of $150M within just 3 hours of trading.
Among other advancements of $MEW are secured listings from prominent cryptocurrency exchanges, including OKX, KuCoin, Bybit, HTX, CoinEx, and more. Besides, it has recently become the most swapped token inside Phantom Wallet, a Solana-based wallet as well as the 5th largest token on Solana by monthly on-chain trading volume, reaching $1.15B volume. Thanks to $MEW, the dog’s world has been challenged, giving cats a chance to rise to prominence.
Roadmap
The roadmap for ‘cat in a dogs world’ is not clearly defined. However, we might assume that this meme coin project will dedicate much effort to cultivating its community. Moreover, $MEW is expected to continue its expansion to more trading platforms and exchanges to achieve better recognition and make it easier for investors to get the meme coin.
Functionality and Utility
Being primarily a meme coin with no utility for its holders, $MEW has taken a slightly different approach by adding more definite functionalities. Its strategy mainly revolves around airdrops to reward holders and LP burning to increase the coin’s value.
After being listed on Bitget's Innovation Zone and Meme Zone, users have gained more opportunities to interact with $MEW. They can get free tokens by participating in giveaways, as well as through deposit rebates and trading volume rewards.
Market Performance
$MEW has recorded a significant surge in just one month of its inception. Its trading value reached $150M within just 3 hours after launch and its price surged by 15,000% within the first 7 hours. These two metrics helped its market cap hit around $200M within 48 hours of launch. On March 31st (after five days of launch), it recorded an ATH of $0.0097.
However, $MEW has experienced corrections in recent weeks, suggesting an entry point for cat lovers. It was trading at $0.0033 at press time, representing an 11% decline on the day. $MEW's market cap currently stands at $294M, with around 200K wallets holding the token.
MEW has a fixed supply of 89B coins, 90% of which are dedicated to its burn liquidity pool and 10% distributed to the Solana community.
Community
$MEW has amassed a growing community online with 80K followers on X and 13.3K subscribers on Telegram.
$MEW's community is vibrant and engaged, actively participating in promotional events, trading, and discussions on X.
Pros:
- Early mover advantage
- Airdrops and promotional events
- An active and engaged community
Official links:
CA: MEW1gQWJ3nEXg2qgERiKu7FAFj79PHvQVREQUzScPP5
Website
Twitter
Telegram
Where to buy:
This is a (daily) in-depth analysis by Memecoin Season about the most promising and/or successful meme coin projects within the dynamic blockchain space.
We first share this report with our invite-only community of investors and enthusiasts to study and potentially consider for their investment strategies. Then, the next day, we publish it for the general public.
While we thoroughly pick and analyze strong contenders in the meme coin space, remember that we do not give here any investment advice. Always consider your own goals and analyze the risks inherent to meme coins before investing.
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