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Cryptocurrency News Articles
LOCUS Animation Studios and MEW Announce Collaboration to Bring Meme Coin's Story to Life in a 3D Animated Series
Jul 10, 2024 at 09:43 pm
LOCUS Animation Studios and MEW, a meme coin developed on the Solana blockchain, have announced their collaboration. With this partnership, MEW's compelling tale will be brought to life in a brand-new 3D animated series that will combine popular culture and cryptocurrencies in a way never seen before.
Animation studio LOCUS and MEW, a meme coin on the Solana blockchain, have announced a collaboration. The partnership will see MEW’s compelling story brought to life in a brand-new 3D animated series that combines pop culture and crypto like never before.
The tale of MEW, a cat who finds himself alone in a world governed by dogs, is both relatable and gripping. Living among rats, MEW must navigate the oppressive dog corporation SHIBEX and a harsh landscape.
MEW’s quest to restore balance and save his planet involves taking down Shibatoni, the dog leader, and his cronies. This engaging plot and MEW’s lighthearted “Cat in a Dogs World” branding fueled the coin’s rapid rise to fame.
LOCUS Animation Studios has a proven track record of creating globally renowned intellectual properties, including Yumi’s Cells and Red Shoes. With theatrical releases that have reached audiences in 128 countries, LOCUS has become a major player in the animation and storytelling industries. This collaboration with MEW marks LOCUS’ first foray into crypto-based content and an expansion of its expertise in crafting beloved icons with cultural significance.
While the first wave of meme coins originated on Ethereum, Solana has become a breeding ground for a new batch of these playful tokens. Solana’s fast transaction speeds and lower costs have attracted developers and investors seeking a more seamless and economical experience. As a result, Solana meme coins have mushroomed, each with its unique brand of online comedy and community engagement.
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MEW, a shining example of this movement, was launched on March 26, 2024, and quickly gained massive traction. Excitement around Solana and the engaging branding of MEW saw the coin’s market value shoot up to over $150 million within the first three hours.
In a meme coin market largely dominated by dogs, MEW has positioned itself strategically. The project, which has a total supply of 88,888,888,888 MEW, has implemented measures to reduce volatility and provide a stable floor price.
Specifically, 10% of its liquidity pool tokens were airdropped to the Solana community, while 90% were burned. This strategy has fostered early adoption and goodwill, suggesting that MEW is in it for the long haul and aiming to stick around.
Despite MEW’s spectacular debut, it’s crucial to acknowledge the risks involved with meme coins. These coins can experience extreme price fluctuations driven by media attention, celebrity endorsements, and social media trends. Investors are advised to conduct thorough research on MEW and its development team and only make investments they can afford to lose, being prepared for this volatility.
Unregulated due to its decentralized nature, the meme coin market is prone to scams and pump-and-dump schemes. Before investing, careful investigation of MEW is necessary.
A large portion of MEW’s early popularity can also be attributed to its distinctive branding and the excitement around Solana. Should the community lose interest or a rival company emerge with a more engaging narrative, MEW’s value could drastically decrease.
With this collaboration, MEW is taking the first steps towards becoming a household name in retail and entertainment. The new 3D animated serial will introduce MEW’s story to a global audience, merging the grassroots Solana-powered memecoin community with world-class animation.
By harnessing immersive art and epic storytelling, MEW aims to create a bridge between pop culture and cryptocurrency, bringing its captivating tale to life in a grand and engaging way.
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