Solana meme coin Cat in a Canine World stole the highlight throughout the meme crypto sector on Monday as MEW value witnessed a exceptional surge. Latest market information reveals that the Solana meme token’s value shot up almost 14% in gentle of itemizing on a famend cryptocurrency alternate. Notably, South Korean crypto alternate pioneer Upbit revealed that the token is being listed pegged to the Korean Received (KRW) pair on the buying and selling platform. This choice has echoed a market frenzy, because the Solana-based coin emerges because the third meme coin to attain such a feat after DOGE and SHIB.
Cat in a Canine World (MEW) Secures Itemizing On Upbit After DOGE & SHIB
In an official Upbit announcement dated October 21, the crypto alternate revealed that it’s including Cat in a Canine World to the KRW market right now. Which means customers can commerce the MEW/KRW pair on the alternate beginning at 16:00 UTC right now. Purchase orders are restricted for roughly 5 minutes after the buying and selling help, the announcement notified.
Additional, deposits and withdrawals are solely supported by the guided community MEW-Solana, as talked about by the S. Korean crypto alternate. Additionally, deposits and withdrawals can solely be made by way of private pockets addresses, given affirmation of possession is accomplished. Nonetheless, the itemizing, providing enhanced commerce choices within the Asian market, ignites bullishness because it paves the way in which for added dealer and investor interplay with the asset.
It’s noteworthy that the Solana-based token is the third meme coin that has been built-in into the alternate with the KRW peg after DOGE and SHIB. Concurrently, MEW value right now rode bullish waves following the Upbit itemizing announcement.
Solana Meme Coin Extends Positive aspects
MEW value famous an uptick of 14% prior to now 24 hours and is at the moment buying and selling at $0.009561. The coin’s intraday high and low have been recorded as $0.008382 and $0.01043, respectively. Merchants additionally seem to have reacted positively to the itemizing announcement, because the coin’s intraday buying and selling quantity famous a staggering 370% improve to $358.26 million.
In the meantime, market watchers anticipate additional positive aspects for the asset, primarily attributable to the itemizing announcement while reflecting on earlier information. Notably, the Solana meme token additionally rallied remarkably the earlier month as Upbit revealed listing for it in BTC and USDT markets. This previous efficiency has introduced vital consideration to the most recent KRW pair itemizing.
As well as, Coinglass information indicated that the Solana-based coin’s futures OI upsurged almost 16% to $165.43 million right now. Furthermore, even the derivatives quantity gained 302% to $1.32 billion, sparking optimism. Coupled with right now’s value positive aspects, information signifies that MEW is at the moment on an uptrend.
Disclaimer: The introduced content material could embody the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any duty to your private monetary loss.
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