The post Cat in a Dogs World Pumps Over 40% as PlayDoge ICO Nears $6M appeared on BitcoinEthereumNews.com.

Meme coins have been rallying in the past 24 hours. Cat in a dogs world (MEW) has jumped over 40%, proving that it’s still in high demand from retail investors. Meanwhile, PlayDoge (PLAY) is also turning heads, with its ICO closing in on the $6 million milestone. MEW Token Nears All-Time High in 44% Price Surge Cat in a dogs world is going viral right now. MEW’s price has rocketed 44% since yesterday, now hovering around the $0.0080 level. This rally has also pushed MEW’s market cap past $700 million. Trading activity has exploded, with spot volumes surging 180% to $381 million. MEW has even become the sixth most traded meme coin and has topped CoinMarketCap’s gainers list for the past 24 hours. The futures market is also feeling the heat, with open interest jumping 108% to $157 million in just one day. But what’s driving all this bullishness? There’s no clear catalyst, but MEW did just break through a key resistance level at $0.0060 yesterday. That break could have triggered a wave of buying. MEW is now just 26% below March’s all-time high of $0.0103. And if this momentum can be sustained, there’s every chance MEW could return to that high – or even set a new record value. Meme Coin Market Roars Back to Life as Bitcoin Breaks $67,000 It’s not just MEW doing well – the entire meme coin sector is seeing green across the board. This widespread rally has pushed the total meme coin market cap back above $53 billion, with over $6 billion in trading volume since yesterday. Top of the pile, DOGE is up over 5%, while PEPE and BONK have posted more modest 1% gains. Not to be outdone, WIF has jumped an impressive 12%. Only a couple of meme coins are bucking…

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Filed under: News - @ July 23, 2024 5:10 am