What is Cat in a Dog’s World (MEW)?
Meme coins have become an integral part of the cryptocurrency landscape, despite their general lack of inherent utility. Just as there are memes about anything these days, you’ll find meme coins paying homage to those memes.ย
But when did this whole thing start? Why with Dogecoin, of course, the OG meme token that was created as a joke.
But it turns out that joke has been going on for too long and there’s not a lot to laugh about now, as while Dogecoin has gained quite a bit of notoriety and fame, the number of dog-themed tokens that have proliferated in its wake is quite staggering.
There’s Shiba Inu, Floki, Dogwifhat, Bonk, and a ton more. There might be some real-world value in some of these tokens, but a lot of them are just embarrassing attempts to capitalize on Dogecoin’s popularity, or they’re just trying to be the Dogecoin equivalent of their own blockchains.
And so, what do we have here? Well, we have Cat in a Dog’s World, a new token that’s capitalizing off the fact that there aren’t enough cat tokens around for cat lovers, so it’s trying to level the playing field here.
With that said, if you’re into cats and you like meme coins, then you can keep on reading.
The Genesis of MEW Token
Unfortunately, we couldn’t find a lot about this token’s history other than the fact that it just popped up suddenly on people’s radars when Arthur Hayes mentioned it, and when a couple of whales started buying it.
But who is Arthur Hayes now? In case you didn’t know, he’s the former CEO and co-founder of BitMEX, a popular cryptocurrency exchange.
As for the founders, we couldn’t find anything online about them as well, so it’s safe to assume that they’ve remained anonymous. All in all, there’s hardly any information out there about it.
As for its own website, it doesnโt really say much beyond a few things about supply or tokenomics. But what we do know besides what we’ve already mentioned is that the token launched this year, on March 26 2024.
Core Features of MEW Token
Other than it being a meme token, there’s not much to go by in the way of features. Other tokens, like Dogecoin and Bonk try to incorporate some form of utility around their token, giving their users some reason to hold on to it a bit more instead of just waiting for the price to increase so that they can then sell it later on.
In other words, there are meme coins that have been trying to go beyond their meme identities, attempting to integrate features like governance, incentives like reduced fees, and more.
Whether or not that will be the case here remains to be seen. Perhaps if the project proves to be successful, then things might change for the better. As of now, beyond speculative investing, the token hasn’t really seen any kind of utility or real worth.
MEW Tokenomics
Moving on to tokenomics, according to CoinMarketCap, the price of this token is currently valued at around $0.0048. The market capitalization is more than $428 million, with the same, though not exactly, being true for its fully diluted valuation.
As for the daily trading volume, that would be over $51 million. On the supply end of things, the circulating, total, and maximum supply are all exactly the same this time with more than 88 billion tokens. To have such an inflated supply is quite characteristic of a meme token.
Engaging with the MEW Community
So far, there hasn’t been concrete information out there about any type of governance. So you cannot really use this token to vote on anything.
As for the community that it has managed to foster, Arthur Hayes and those few whales did their part in that regard, and put this token on the radar of many cryptocurrency enthusiasts, so there might be some kind of community around this token, though it cannot be stated for certain since this project is so new and hardly had any kind of prior marketing before its launch.
Still who knows; there’s a chance that can change, and with a proper community, this token might see some form of activity beyond the cryptocurrency sector, as within it, its daily trading volume suggests that there’s a lot of trading going on around this token.
Acquiring and Storing MEW Tokens
So, you have your sights set on this token and are looking to get your hands on it? Well, you’re in luck, as there are a couple of exchanges offering this token right now, including the likes of OKX, Bitget, BingX, Raydium, KuCoin, and more.
Depending on what exchange you end up using though, the process may take some time. But if you pick an exchange like Raydium, all you would need to do is connect your wallet and simply swap whatever tokens you currently have with some MEW.
On other exchanges, that might not exactly be the case, as you may end up having to go through KYC and registration before you eventually get to buy them.
But, regardless of where you buy them from, once you have them, consider some safe storage options. The cryptocurrency sector has had its fair share of peril in the form of hacks and other cyber threats.
Your best option would definitely be some of that cold storage, where your funds are stored offline. You can look into wallet companies like Ledger and Trezor for that if you’re interested, as cold wallets tend to be the safest form of storage currently.
MEW in the Crypto Ecosystem
It’s safe to say that MEW occupies a very niche segment of the cryptocurrency landscape. There are some cat meme tokens out there already, but their numbers wane in comparison to their dog counterparts, and they’re not that well known either.
Crypto Kitties come to mind but they’re an NFT project. Perhaps this token sparks another trend of cat meme coins if it gets popular enough, or maybe that’s the intent here and it’s trying to be the cat equivalent of Dogecoin when it comes to popularity, as itโs the most popular dog-themed meme coin out there, though there have been quite a number of unsuccessful attempts at that.
Challenges and Opportunities for MEW Token
It’s hard to say if there are any worthwhile opportunities regarding this token when there’s so little that’s written about it, its team and its vision.
The only opportunity that could be there would be the rather speculative investing surrounding it, and chances are, you might get your hands burned. How? Well, the volatility of meme coins is particularly bad, you cannot get a handle on things for long enough, and at any moment, their prices could plunge.
Dogecoin and a lot of other meme tokens have made that perfectly clear. So, if you do end up investing, you would want to exercise caution as much as you can, and research thoroughly so that you know your time is not wasted and your funds are not lost.
Do not buy into the hype, as many have unfortunately seen their hard-earned savings go completely down the drain later on, with the price showing no signs of recovering.
Even stablecoins aren’t entirely exempt from this phenomenon, and this brings to mind the dreaded Terra Luna fiasco, which saw the network lose an eye-watering $40 million.
All of these various factors no doubt apply to this token as well, so be on the lookout for them, and be as careful in your planning as you can.
Future Roadmap and Developments
Besides some artwork and buying links, its website doesn’t really contain a lot of anything. There’s no mention of a roadmap or any upcoming developments, so there’s significantly less buzz in that segment.
This, again, brings to mind the utter lack of any meaningful information about this token other than the notion of it wanting to “usher in a new era” or something. Apparently, 10% of its supply has already been airdropped to the Solana community.
If you care about your project then going more into detail about your intentions and what you seek to achieve with the token is important, as not including them will lead to people asking questions and some may even avoid it altogether, treating it as another rug-pull scheme or scam.
And no, just because some influencers are promoting it doesn’t mean that the project is exempt from that possibility. A lot of the time, the influencers are in it too, and you have to rely on your own judgments.
Conclusion: The Unique Niche of MEW Token
Cat in a Dog’s World, as its name implies, seeks to be the go-to meme token for cat lovers, or the DOGE equivalent within the cat meme token landscape.
But other than that, and some tokenomics, there’s not a lot in the way of information. Much about this project remains unknown, i.e., the development team, objectives, and whatnot.
Cat in a Dog’s World (MEW) Basics
Here are some factors that investors should consider before investing in Cat in a Dog’s World (MEW).
Cryptocurrency Features | Cat in a Dog’s World (MEW) (MEW) |
---|---|
Publisher or Developers | Cat in a Dog's World |
Headquarters (Registration Number) | |
Symbol | MEW |
Platform | |
Published Date (CMC Registration) | 2024-12-01 |
Max Supply | 88,888,888,888 MEW |
Reliability Score of Cat in a Dog’s World (MEW) in 2024
These are indexes mesuring the investment reliability of Cat in a Dog’s World (MEW) conducted by Coin-Labs.com.
Investment Reliability Rating Items | Scores and Current Status |
---|---|
Company Activation Rate | / 10.0 CAR |
Communication Rate | / 10.0 CR |
Technology Transparency Rate | / 10.0 TTR |
Development Participation Rate | / 10.0 DPR |
Listing Status on the World's Top 10 Exchanges | Listed on 5 Exchanges |
Number of Available Pairs Worldwide | 233 Pairs |
Market Cap of the Cryptocurrency | 0 USD (Rank #2728) |
Cat in a Dog’s World (MEW) Price
Here are the price and recent trading volume of Cat in a Dog’s World (MEW). (Data of 2024-12-02 03:40:00)
Price Items | Price and Trading Volume of Cat in a Dog’s World (MEW) |
---|---|
Cat in a Dog’s World (MEW) Price | 0.010 USD |
Price Change 24h | 6.84% |
Price Change 7d | 9.16% |
Trading Volume 24h | 249,259,317 USD |
Trading Volume Change 24h | 137.80% |
Cryptocurrency Metadata
You can check the development status and social media information of Cat in a Dog’s World (MEW) through the links in the table below.
Metadata Source | URL |
---|---|
๐ Official Website | |
๐ White Paper | |
๐ฐ๏ธ Source Code (GitHub) | |
๐ฆ Twitter | |
๐ค Reddit | |
๐บ Message Board |
Where to Buy Cat in a Dog’s World (MEW)
Here are the top ten world crypto exchanges where traders can buy Cat in a Dog’s World (MEW) in 2024.
Top10 Exchanges | Listed Status | Page URL |
---|---|---|
Binance | Not listed | |
Coinbase | Not listed | |
Kraken | Not listed | |
KuCoin | Listed | https://www.kucoin.com/trade/MEW-USDT |
Bitfinex | Not listed | |
OKX | Listed | https://www.okx.com/trade-spot/mew-usdt |
Huobi | Listed | https://www.htx.com/trade/mew_usdt |
Bitstamp | Not listed | |
Bybit | Listed | https://www.bybit.com/en/trade/spot/MEW/USDT |
Gate.io | Listed | https://www.gate.io/trade/MEW_USDT |
Frequently Asked Questions
What is the current price of Cat in a Dog’s World (MEW)?
Cat in a Dog’s World (MEW) price today is 0.010 USD. Furthermore, the price of Cat in a Dog’s World (MEW) has fluctuated by 6.84% from 24 hours ago, and by 9.16% from a week ago.
Where is Cat in a Dog’s World (MEW) listed?
Currently, it is listed on a total of 5 among the world top 10 exchanges.
What is the market cap of Cat in a Dog’s World (MEW) now?
Currently, Cat in a Dog’s World (MEW) has a market cap of 0 USD, which is ranking 2728 among cryptocurrencies worldwide.
How much is the trade volume of Cat in a Dog’s World (MEW)?
Currently, 88,888,888,888 MEW coins are circulating through 233 market pairs. As a result, in the last 24 hours, 249,259,317 USD of MEW coins were traded in the market.