MEW explodes to new all-time high after Bitstamp listing

Cat in a dogs world, the cat-themed meme coin on Solana, rose sharply to hit a new all-time high on Oct. 24.

With meme coins surging over the past few days, cat in a dogs world mew 11.19% added to recent gains with a spike to $0.01136, marking its all-time high. The token recorded a 24-hour volume of over $474 million, representing a 177% increase as of the time of writing.

MEW’s price, meanwhile, traded around $0.01114, with buyers up 26% in the past 24 hours, pushing the meme coin’s market cap to over $990 million. According to crypto.news market data, cat in a dogs world ranked as the 83rd largest cryptocurrency by market cap.

In the meme coin segment, MEW ranked 10th overall and ahead of Mog Coin mog -5.87% and the day’s other top performing meme coin Goatseus Maximus goat 2.67%.

Bitstamp lists MEW token

On Oct. 24, crypto exchange Bitstamp announced it had added trading support for MEW as well as the WOO Network (WOO) token. Bitstamp added MEW/USD and MEW/EUR pairs for its users globally.

Meanwhile, Solana sol 0.87% based decentralized on-chain perpetual swap platform Drift Protocol also added support for MEW perpetual futures. The contract allows traders a leverage of up to 4x. This follows the launch of MEW perps on Kwenta and Synthetix on the layer-2 chain Base that went live on Oct. 22.

The combination of the surging meme coins and the series of listings are what catalyzed the cat-themed token’s spike to a new ATH.

According to data from Coinglass, the futures open interest for cat in a dogs world has jumped 59% to over $211 million. The bullish outlook for the meme coin has also seen MEW liquidations hit over $2.47 million in the past 24 hours – most of these in short liquidations at $1.79 million.