Original source: MEW

MEW (cat in a dogs world) is the premier cat-based Memecoin, representing the concept of "one against many" .

MEW is an effort Cats escaping the world of dogs. For the past decade, dogs have reigned supreme and no one has challenged their dominance. MEW unites with his friends to take on the dogs and take back the throne of the number one Memecoin. He will free himself and his friends from this mouse race.

Memecoin is all the rage right now in terms of on-chain activity, users, and market attention. Memecoin’s influence is so great that many L1 and major DeFi protocols consider it a viable marketing strategy to attract users’ attention. MEW was born.

MEW kicks off the cat vs. dog narrative in cryptocurrencies. Dogecoin has a total market cap of $50 billion, while Catcoin has a total market cap of just $1 billion. As cats gain more and more market share from dogs, MEW will lead the way.

Issuance

MEW launched on March 25, 2024, 2888 SOL tokens And 90% of the token supply is added to the Raydium liquidity pool and destroyed immediately. The remaining 10% of the supply is distributed to the Solana community via airdrop, which will be explained in detail later. In a frenzied swirl of activity and rapid growth, both transaction volume and token value soared, topping the Dextools and CoinMarketCap hot trend rankings and maintaining the number one spot in popularity.

MEW: Recorded destruction The great achievement of a cat star

In just 3 days, MEW’s market value exceeded US$950 million, becoming the fastest growing company in the first 72 hours of observation so far Memecoin. The coin even broke above $0.01 (1 cent), giving it a heavy and real feel.

MEW’s market capitalization soared to $950 million in just 3 days after its release, which not only marked its brilliant monetary achievement, but also marked its success in the crypto world. A collective win for all cat lovers. Powered by over 240,000 holders and a vibrant, meme-loving community on Telegram, this is just the beginning of MEW’s journey. MEW is more than just a token, it is a breath of fresh air and a call to arms for anyone who feels shadowed, providing a new, innovative approach to Memecoin’s expansion. MEW is a new platform for creative expression and financial empowerment.

Less than three days after launch, MEW’s peak market capitalization reached $950 million. MEW has since fluctuated steadily between $800 million and $500 million. As a memecoin launch project, MEW had over 151,380 active token holders within seven days of launch. The number of current holders is still increasing, reaching 214,000 as of April 3, 2024.

Airdrop for the community

MEW rebels against the boring status quo: by dogs in a dog’s world rule. MEW leads the way with a playful and rebellious spirit, arriving with style and flow to bring the entire community along.

Everyone who held SAGA2 tokens and ordered a second-generation Solana phone received an airdrop of MEW tokens. This demonstrates the spirit of community engagement, dedication and innovation. MEW’s mission continues to grow by giving many people the opportunity to participate, by instilling a spirit of creative rebellion in their hearts, while also seeking to improve the world by providing token earning opportunities for the Solana community.

Users holding BONK and WIF received MEW token rewards equivalent to half the price of the latest Solana mobile phone through the MEW airdrop.

Those users who have already ordered the second-generation Solana mobile phone SAGA2 received MEW tokens enough to pay for the other half of the price of SAGA2 in this MEW airdrop. .

In short, considering all the airdrop rewards, for everyone who holds BONK and WIF and buys a Solana phone, the cost of the phone is actually covered. They received a free new phone thanks to MEW.

MEW is extremely popular: cats cause on-chain congestion

Airdrop and trading frenzy in MEW During this period, some Solana network delays were encountered (but quickly resolved) as MEW sent the Solana ecosystem into a frenzy as the tokens were rapidly deployed to improve the world.

Avid readers may recall the historic CryptoKitties incident in 2017, when a similar surge in transaction volume caused congestion on the Ethereum network due to "cats clogging the pipes" ”. Following this thread and yarn, the MEW airdrop and trading volume on Solana adds a new chapter to the MEW lore. In Telegram messages, this meme magic is described as both "magical and hilarious", demonstrating the energetic and creative spirit of MEW supporters.

Who’s Talking About It

In the first week of MEW’s launch, amidst all the buzz and excitement, even the founder of Solana was discussing it on Twitter; it was a record-breaking Memecoin launch on the Solana chain, attracting the attention of millions of users and many whales:

Solana Co-Founder Anatoly:

https://twitter.com/aeyakovenko/status/1774887934015258881

Solana Co-founder Raj

https://twitter.com/Rewkang/status/1774933128584319330/

BitMEX Co-founder Arthur Hayes:

https://twitter.com/Rewkang/status/1774933128584319330/

BitMEX Co-founder Arthur Hayes:

https://twitter.com/CryptoHayes/status/1774121270344331574

Meltem Demirors:

https://twitter.com/Melt_Dem/status/1773491143851811313

Ansem:

Looking back at Dogecoin and continuing to develop

As MEW continues to develop its own market segment, it becomes all A human beacon, a call for friends who are tired of dog-dominated situations, exhausted by their obsession with Elon Musk, and whose hair stands on end to find a new landscape - a truly new prairie, with a cat in it You can be a cat to your heart’s content here.

Let’s take a look at Dogecoin. MEW reached 1 cent within the first ten days of its release, while Dogecoin, launched in 2013, did not reach 1 cent until 2018, five years after its launch. MEW broke records with ease, smashing some records all the way to outer space.

For those looking for the next Dogecoin, and for those who simply want to join a community dedicated to disrupting the crypto world, MEW is enticing with its The innovative charm, the slightly less serious shyness, and the vision of the future - where cats rebel and break free, and MEW leads everyone to the top of a new cat mountain - are beckoning to them.

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