MEW surges 22% to hit $0.004, breaking out of a multi month downtrend.
cat in a dogs world [MEW] surged 22% to hit a 2-month high of $0.004 before retracing to $0.0039 by press time. The memecooin faces strong sell-side pressure amid soaring profit taking.
cat in a dogs world [MEW] rallied 22% completing a breakout from a multi-month downtrend. The uptick saw MEW hit a 2-month high of % 0.00406% before slightly retracing to $0.0039 by press time.
Over the same period, trading volume surged by a substantial 522.9% to $284 million, while the market capitalization rose to $349 million, representing an 18% increase.
Typically, when volume and market cap rise, it signals growing on-chain activity and capital inflow.
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