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- Upbit lists Cat-in-a-Dog’s World (MEW), boosting its visibility in BTC and USDT markets.
- MEW’s unique cat-themed narrative challenges dog-dominated meme coin leaders like Dogecoin and Shiba Inu.
Upbit, South Korea’s largest cryptocurrency exchange, has announced that it would list the meme coin Cat-in-a-Dog’s World (MEW) in its Bitcoin (BTC) and USDT markets.
This listing, which begins today, September 19, 2024, represents a huge advancement for MEW, a meme coin that debuted on the Solana network in March 2024.
MEW, known for its distinctive cat-themed narrative, has established itself as a new option in the meme token market, where dog-themed tokens such as Dogecoin and Shiba Inu have previously ruled.
🎉 캣인어독스월드(MEW) 신규 거래지원 기념 리트윗 이벤트🎉
⭐️ 캣인어독스월드(MEW) 특별 이벤트를 내 SNS에서 홍보하면 추첨을 통해 500명에게 MEW와 한정판 굿즈를 드려요! ⭐️
캣인어독스월드(MEW) 신규 거래지원을 기념해 프로젝트 팀에서 준비한 특별한 이벤트 세 가지를 SNS로 소문내주세요!…— Upbit Korea (@Official_Upbit) September 19, 2024
Upbit’s MEW Listing Set to Boost Token’s Visibility and Trading Opportunities
Upbit’s decision to list MEW is expected to result in more publicity for the token, making it available to a far bigger audience via its BTC and USDT trading pairings.
Given that this is one of MEW’s first big listings on a major cryptocurrency exchange, the timing couldn’t be better for the meme coin, which is still gaining traction among traders and investors. Upbit will begin accepting MEW deposits at 18:44 KST, with trading beginning shortly thereafter at 19:00 KST on the same day.
As of writing, MEW was trading at around $0.005225, up 23.74% over the last 24 hours. This jump has pushed MEW’s market cap above $460 million, indicating increased interest in the token as traders anticipate future price gains.
Looking at the wider meme coin space, CNF has reported an analysis that implies Dogecoin may be on the cusp of a large price rally as historical trends in its trading behavior begin to appear again.
Dogecoin’s success, as one of the most well-known cryptocurrencies in the world, has frequently served as a predictor of possible altcoin rallies. If this pattern holds true, MEW and other meme currencies may benefit from an overall crypto surge.
Beside that, as we previously noted, BONK has signed a collaboration with Borussia Dortmund, which is a significant move in the meme coin sector. This collaboration takes crypto to the world of football, with BONK incorporating web3 technology into the fan experience for the 2024-2025 Bundesliga season.
