MEW explodes to new all-time high after Bitstamp listing

Cat in a Dogs World (MEW), the cat-themed meme coin on the Solana blockchain, saw a significant surge on October 24, reaching a new all-time high.

With the recent meme coin rally, MEW spiked to $0.01136, marking its highest price to date. The token experienced a 177% surge in 24-hour trading volume, hitting over $474 million at the time of writing. The price of MEW was trading at around $0.01114, with a 26% increase in buyers over the past 24 hours. This surge pushed the market capitalization of Cat in a Dogs World to over $990 million, making it the 83rd largest cryptocurrency by market cap, according to crypto.news.

In the broader meme coin market, MEW now ranks 10th overall, surpassing other meme coins like Mog Coin and Goatseus Maximus, which also saw notable performance gains.

Bitstamp lists MEW token

On October 24, Bitstamp announced it had added support for Cat in a Dogs World (MEW) and WOO Network (WOO) tokens, offering new trading pairs for MEW in USD and EUR for users worldwide.

Meanwhile, Drift Protocol, a decentralized on-chain perpetual swap platform built on Solana, also integrated MEW perpetual futures, allowing traders to leverage positions up to 4x. This follows the launch of MEW perpetual contracts on Kwenta and Synthetix on Base, the Ethereum layer-2 network, which went live on October 22.

These listings and the broader surge in meme coin activity have played a pivotal role in driving the cat-themed token to its new all-time high (ATH).

According to Coinglass data, futures open interest for Cat in a Dogs World has surged by 59%, reaching over $211 million. The bullish momentum has also led to over $2.47 million in MEW liquidations in the past 24 hours, with the majority of these coming from short liquidations, totaling $1.79 million.