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The meme coin MEW, part of the Solana ecosystem, surged 50% following announcing its upcoming major exchange listing. This notable rally highlights the growing investor interest in niche cryptocurrencies and the potential impact of exchange listings on digital asset values.
MEW Coin's Surge: A Beacon of Hope in Crypto's Downturn, Fueled by Major Listing News
In an intriguing turn of events, amidst recent notable price corrections in the broader crypto market, Solana's meme coin MEW piqued the interest of crypto market traders and investors worldwide, defying broader market trends with a nearly 50% price increase, per CoinGape. This remarkable phenomenon follows a major listing announcement made on April 3.
Intriguingly, just as the crypto industry thought the meme coin season was over, as DOGE and SHIB, among many others, plummeted, Solana meme coins drew significant investor attention, with the now-trending coin “MEW” stealing the show. Here is a closer look at why the token may have defied the market's overall downtrend.
Bitget to List MEW Token Amidst $22,000 Reward Campaign, Fueling Further Investor Excitement
Notably, Bitget, one of the world's leading cryptocurrency trading platforms, announced today that it plans to list the MEW token. This statement demonstrated Bitget's extended support for MEW, which coincided with the optimism generated by the token's nearly 50% price rally.
According to Bitget's statement, the cryptocurrency trading platform will list the Cat in a Dogs World token and begin trading on April 3 at 11:00 UTC. Meanwhile, the deposit starts on April 4 at midnight UTC.
Intriguingly, the spot trading pair MEW/USDT is set to be listed on the platform, with users able to claim $22,000 in MEW as rewards. Bitget intends to facilitate three activities during the token's promotion period, from April 3 to April 10, to reward users with MEW for unlocked trading achievements. These trading achievements include deposit rebates, trading MEW with a minimum volume of 100 USDT during the promotion period, and a promotional activity that rewards users with $22,000 worth of MEW.
Meanwhile, Cats in a Dogs World experienced a phenomenal rally, fueling investor interest.
MEW Token's Bullish Surge Aligns With Solana's Uptrend, Fueled by Bitget Listing Optimism
As of this writing, the Cats in a Dogs World token has seen a staggering 44.74% increase in value over the last 24 hours, trading at $0.008854. With a 43.79% increase in market capitalization and a 57.37% increase in 24-hour trading volume, the Solana meme coin painted a bullish picture today, aligning with SOL's broader uptrend.
As previously stated, Bitget's listing chronicles have a bullish impact on cryptocurrencies. Earlier this year, the MAVIA token rallied significantly following Bitget's listing, which is consistent with today's MEW surge. This, in turn, fuels speculations over a rising price action ahead for MEW, coming in tandem with Bitget's plans to list the token.
Photo: Microsoft Bing
