The Solana-based meme coin Cat in a Dogs World has been one of crypto’s rock stars lately, with its price pumping by 85% on a two-week scale.Several hours ago, it hit a new all-time high of over $0.01, while its market capitalization exceeded the psychological level of $1 billion.positioned MEW as the 82nd-biggest cryptocurrency and the eighth-largest in the meme coin realm.
The asset started the month on the right foot, seeing a gradual price increase until October 21. After that, things went to another dimension, with MEW charting double-digit daily gains and climbing the crypto ladder. It is worth mentioning that MEW is not the only cat-themed token that is well in the green today . Some of the other top performers include Purr , Wen , MANEKI , and more. On the other hand, Popcat – the leading cat-related meme coin – is down 10% for the past 24 hours.Multiple market observers believe the meme coin’s uptick is nowhere near its end. Crypto General its “consistent uptrend,” suggesting more room for growth. The analyst envisioned “a parabolic move” to as high as $0.
However, some forecasted a potential correction. Crypto_Jobs is among the pessimists, suggesting that the rising FOMO could negatively affect MEW’s valuation in the short term.Sign-up FREE to receive our extended weekly market update and coin analysis report Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.