Cat In a Dog's World (MEW) Shines Bright as the Crypto World Burns, MEWUSD Surged +42%

Cat in a Dog's World (MEW) is shining bright as the crypto world burns. The Solana meme coin surged for three days to hit $0.0050 before easing to $0.004536—its highest point since June 11th.

Cat in a Dog’s World (MEW) price skyrocketed by an impressive 42% this week, surging to $0.004536 at its highest point. The MEW token price then eased slightly to $0.004205 by Monday morning.

However, cat lovers might be scratching their heads over this week’s downturn, as MEW began Friday’s session at $0.0030 and hit a high of $0.0050 before easing. But zooming out reveals a remarkable three-day rally, as MEW price surged from Friday’s low to hit its highest price since June 11.

Charting this week’s price action reveals that MEW price began to surge on Friday afternoon after Binance announced that it will list MEW on its perpetual futures marketplace. The Binance listing will allow traders to use up to 50x leverage on MEW trades.

Cat In a Dogs World Price Surges After Binance Listing Perpetual Futures

Cat in a Dog’s World (MEW) price surged after Binance announced that it will list the token on its perpetual futures marketplace. The listing will allow traders to use up 50x leverage on MEW trades.

MEW price began to surge on Friday afternoon after Binance announced the listing. The Solana meme coin price rallied by 20% in the hour following the announcement.

However, MEW price continued to rise throughout Friday evening and into Monday morning. The meme coin price surged by a total of 42% from Friday’s low to Monday morning.

Despite the market bloodbath, MEW price surged thanks to strong investor appetite and the Binance listing, which sparked interest in the meme coin.

Cat In a Dogs World Price Analysis: MEW Price Could Be Set to Surge Higher

MEW price technical analysis reveals that the meme coin price is now approaching a key resistance level Fib 0.236. If MEW price breaks above this level, it could be set to continue surging higher.

The next resistance level Fib 0.382 is located at $0.0055, and if MEW price breaks above this level, it could continue surging towards the Fib 0.5 Fib level at $0.0070.

On the downside, support Fib 0.146 is located at $0.0035, and if MEW price falls below this level, it could continue falling towards the Fib 0.0 Fib level at $0.0025.

MEW price is currently up by 160% year-to-date, and the meme coin has surged by over 2,000% since its all-time low in December.