MEW Token Soars Nearly 30%, Reaches New All-Time High

The cat-themed meme coin, Cat in a Dog’s World (MEW), has achieved a significant milestone, skyrocketing to a new all-time high (ATH) of $0.01238 on Nov. 14, surpassing its previous peak of $0.01165.

Following the recent explosive growth of meme coins like PNUT (PNUT) and PEPE (PEPE), MEW has joined the rally, continuing its upward momentum. The token has surged by 43.8% over the past month, with a remarkable 28.8% increase in just the last 24 hours alone.

As of the latest data, MEW is trading at $0.01199, slightly below its ATH. In the past week, it has seen an impressive 32.2% increase, while over the past two weeks, it has risen by 28.9%. The surge has brought the meme coin’s trading volume to over $782 million, marking a 182.5% spike compared to the previous day, highlighting a recent surge in market activity.

With a market cap now surpassing $1 billion, MEW stands at 98th place in the global cryptocurrency rankings. In the meme coin sector, it ranks 11th, just behind dog-themed Neiro (NEIRO) and ahead of other popular cat-themed tokens like Popcat (POPCAT), which holds 8th place.

Launched in March 2024, MEW was designed to challenge the dominance of well-known dog-themed meme coins such as NEIRO, DOGE (DOGE), and SHIB (SHIB), which is reflected in its name. Since its launch, MEW has quickly risen through the ranks, achieving a market cap of over $317 million and competing alongside other cat-themed meme coins such as Popcat, Michi (MICHI), Happy (HAPPY), and Cat (CAT).

With a fully diluted valuation exceeding $1.06 billion and a circulating supply of over 88 billion MEW coins, the token’s rapid rise is capturing the attention of both investors and meme coin enthusiasts alike. As the meme coin market heats up, MEW continues to make a name for itself in the crypto space.