MEW (cat in a dogs world) is the premier cat-based Memecoin, representing the concept of "one against many".
MEW is a cat trying to escape the world of dogs. For the past decade, dogs have been ruling the roost, with no one challenging their dominance. MEW unites with his friends to fight the dogs and reclaim the throne of 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 see it as a viable marketing strategy to attract user attention. MEW was born.
MEW kicks off the cats vs dogs narrative in crypto. Dogecoin has a total market cap of $50 billion, while Catcoin has a market cap of just $1 billion. As cats take more and more market share from dogs, MEW will lead the way.
issued
MEW was launched on March 25, 2024, with 2,888 SOL tokens and 90% of the token supply added to the Raydium liquidity pool and immediately destroyed. The remaining 10% of the supply was distributed to the Solana community via an airdrop, which will be explained in detail later. In a frenzy of activity and rapid growth, both trading volume and token value soared, topping the Dextools and CoinMarketCap hot trending charts and maintaining the #1 popularity position.
MEW: A record breaker, a great achievement of a cat
In just 3 days, MEW’s market cap surpassed $950 million, making it by far the fastest growing Memecoin in the first 72 hours observed. The coin even surpassed $0.01 (1 cent), giving it a heavy and real feel.
MEW’s surge to $950M in market cap in just 3 days after launch marks not only a brilliant monetary achievement, but also a collective victory for all cat lovers in the crypto world. With over 240,000 holders and a vibrant, meme-loving community on Telegram, this is just the beginning of MEW’s journey. More than just a token, MEW is a breath of fresh air, a rallying cry to anyone who feels left out, and a fresh, innovative approach to Memecoin’s expansion. MEW is a brand new platform for creative expression and financial empowerment.
Less than three days after its release, MEW reached a peak market cap of $950 million. Since then, MEW has been fluctuating steadily between $800 million and $500 million. As a memecoin launch project, MEW had more than 151,380 active token holders within seven days of its release. The number of holders is still increasing, reaching 214,000 as of April 3, 2024.
Airdrop for the community
MEW rebels against the boring status quo: dogs rule in a dog’s world. Leading the way with a playful and rebellious spirit, MEW arrives here with style and fluidity, bringing the entire community along.
All those who hold SAGA2 tokens and order the second generation Solana phone received a MEW token airdrop. This demonstrates the spirit of community participation, dedication, and innovation. By giving many people the opportunity to participate, MEW's mission continues to grow by instilling a spirit of creative resistance in them, while also seeking to improve the world by providing token acquisition opportunities for the Solana community.
Users who hold BONK and WIF received MEW token rewards equivalent to half the price of the latest Solana phone through the MEW airdrop.
Those who have already ordered the second-generation Solana phone SAGA2 received enough MEW tokens to pay the other half of the price of SAGA2 in this MEW airdrop.
All in all, taking into account all the airdrop rewards, everyone who held BONK and WIF and bought a Solana phone actually had the cost of the phone covered. Thanks to MEW, they got a free new phone.
MEW is extremely popular: cats cause congestion on the chain
During the MEW airdrop and trading frenzy, as the token was rapidly deployed to improve the world, some Solana network delays were encountered (but quickly resolved) as MEW sent the Solana ecosystem into a frenzy.
Avid readers may recall the historic CryptoKitties 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 transaction volume on Solana added a new chapter to the MEW legend. In Telegram messages, this meme magic was described as both “magical and hilarious,” showing the vibrant 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 Solana’s founder 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 whale:
Solana co-founded Anatoly:
https://twitter.com/aeyakovenko/status/1774887934015258881
Solana Co-founder Raj
https://twitter.com/rajgokal/status/1774891208122212385?s=20
Andrew Kang:
https://twitter.com/Rewkang/status/1774195106905530654
https://twitter.com/Rewkang/status/1774933128584319330/
Arthur Hayes, co-founder of BitMEX:
https://twitter.com/CryptoHayes/status/1774121270344331574
Meltem Demirors:
https://twitter.com/Melt_Dem/status/1773491143851811313
Ansem:
https://twitter.com/blknoiz06/status/1773663063637418054
The Crypto Dog:
https://twitter.com/TheCryptoDog/status/1773671248368738456
Review of Dogecoin, and continued development
As MEW continues to carve out its niche, it becomes a beacon for everyone, a call to action for friends who are tired of dog-dominated situations, exhausted by the obsession with Elon Musk, and whose hairs are standing on end, to find a new landscape - a truly new prairie where a cat can be a cat.
Let’s look at Dogecoin. MEW hit 1 cent within the first ten days of its launch, while Dogecoin, which launched in 2013, didn’t hit 1 cent until 2018, five years after its launch. MEW broke records with ease, smashing some all the way into outer space.
For those looking for the next Dogecoin, and those who simply want to join a community dedicated to disrupting the crypto world, MEW beckons with its alluring innovation, slightly shy, not-so-serious coyness, and vision of a future where cats rebel, break free, and MEW leads everyone to a new peak of catdom.
