Expert Says This Solana Cat Memecoin Will Destroy Shiba Inu and Dogecoin
The post Expert Says This Solana Cat Memecoin Will Destroy Shiba Inu and Dogecoin appeared on BitcoinEthereumNews.com.
The host of the popular crypto channel Altcoin Daily has asserted that Solana meme coin MEW will “destroy” all dog-themed meme tokens like Shiba Inu and Dogecoin (DOGE). Altcoin Daily expressed this view in an analysis exploring how the cat-themed meme coin could challenge established memes and potentially usurp their dominance. A key factor in this argument is MEW’s advantage of being part of the burgeoning Solana ecosystem and its unique appeal as a cat-themed token in a market crowded with dog-related meme cryptocurrencies. Moreover, the commentator drew on MEW’s recent partnership with IP giant LOCUS Animation Studios. The Case for MEW Challenging Shiba Inu, Dogecoin Altcoin Daily explained that MEW, dubbed “cat in a dog’s world,” captivates through its character, supporting characters, and storyline. He argued that dogs have dominated the meme coin space for too long. But now, with the support of the Solana blockchain, MEW is emerging as a significant player. He believes the narrative behind MEW will transcend the crypto space itself. He pointed out that MEW has a total supply of 88,888,888,888 tokens. Of this figure, 90% has been burned, and 10% airdropped to the Solana community. – Advertisement – Notably, this figure contrasts with what is obtainable with Shiba Inu and Dogecoin. Specifically, DOGE has a circulating supply of 144,636,806,384 tokens with no maximum cap. Meanwhile, SHIB has a maximum supply 1 quadrillion tokens, with over 410 trillion tokens staked and 589 trillion now in circulation. Furthermore, Altcoin Daily highlighted critical metrics for MEW, such as its 184K holders and 100% circulating supply. MEW also boasts a DEX reliability score of 99/99 and a verified contract not flagged as a honeypot. MEW Collab with LOCUS Animation Studios Regarding the partnership with LOCUS Animation Studios, the goal is to animate the MEW ecosystem, telling the…
Filed under: News - @ June 12, 2024 11:24 am