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The Cat in a Dogs world price plunged 14% to trade for $0.00369 as of 01:10 a.m. EST time.
Trading volume is up 6% amid ongoing selling. This comes as the broader market is bleeding, and neither dog-themed tokens nor the cat-themed ones are spared.
Cat-themed tokens, Source: CoinGecko
Despite the dump, MEW remains among the hottest pairs on Solana DEX exchanges in the last 24 hours, standing alongside Dogwifhat (WIF) and others.
🔥 Witness the hottest pairs on #Solana DEX Exchanges past 24 hours! 🚀
🥇 $LUIS @TongueCatLuis2
🥈 $WIF @dogwifcoin
🥉 $SC @SharkCatSolana$MEW @MewsWorld$MICHI @Michi_solana$CANDLE @CandleOnSol
$BABYSLERF @babyslerf_io$BOMEOW @Bomeow_solana#Layer1 $SOL pic.twitter.com/OiR3WD33jq— Solana Hub (@SolanaHub_) April 10, 2024
It boasts active community engagement, recognized among the top ten cat meme coins on BitMart exchange.
Meanwhile, the Cat in a Dogs world price continues to consolidate below the midline of the market range.
Cat In A Dogs World Price Outlook As MEW Trades Below The Midrange
The Cat in a Dogs price is trading with a bearish bias, suffering the wrath of the weakness shown in the BTC market. It is stuck below the midline of the market range, capped by the 50% Fibonacci placeholder of $0.00551.
This could be a good opportunity for the late bulls to buy the correction. However, if the bears have their way, the Cat in a Dogs World price could extend the fall. This could see the cat-themed token test the bottom of the market range at $0.00119 before MEW is attractive for buying again.
Multiple technical indicators support the case for the bears, starting with the Relative Strength Index (RSI) that is below the 50 mid-level. The Awesome Oscillator (AO) as well as the Moving Average Convergence Divergence (MACD) are in negative territory suggesting a bearish dominance. This is evident in the MACD that is stuck below the orange band of its signal line.
TradingView: MEW/USDT 8-hour chart
On the other hand, however, if the bulls buy the correction, the Cat in a Dogs World price could recover. While a flip of the 50% Fibonacci placeholder into support would encourage more buy orders, the bearish thesis would only be invalidated upon a candlestick close above the $0.00981 range high. This would constitute a climb of around 170% above current levels.
Meanwhile, investors are looking at a new sloth-themed meme coin that is offering investors one last chance to buy before its launch. It features among the hottest meme coins on Solana, with experts anticipating 10X growth on launch.
Promising Alternative To The Cat In A Dogs World
Slothana joins the list of thriving Solana meme tokens, which are mirroring the explosive growth of Binance Smart Chain projects during the previous bull run. It points to a potential power shift in the meme coin space, with Solana emerging as a major contender.
PLERF, A Solana-Based Token’s Trading Volume Surged 2100%, New Memes Showing Higher Potential
— Bradicoin (@Bradicoin10) April 10, 2024
Fueled by the promise of high returns, some Solana meme coins have skyrocketed to billion-dollar market caps within days. SLOTH, the powering token for the Slothana ecosystem, is on the same track, already available for pre-purchase before its official launch.
🚀 Get ready to blast off with Slothana! 🌿 We're gearing up for launch and this is your last chance to grab your $SLOTH 🌕 Don't miss out on the action as we prepare to announce our official launch date. Watch this space. #slothana #memecoin
— Slothana (@SlothanaCoin) April 8, 2024
Slothana’s presale has already amassed over $10 million, and a rapidly expanding community of over 15.7K followers on X further underscores robust engagement. After hitting the $10 million ceiling, its developer is giving buyers one last chance to buy before launch.
$SLOTH is a ”send SOL” to a specific Solana address presale, but there is also a handy widget on the Slothana website that accepts SOL swaps by connecting your Phantom or other self-custody wallet.
One SOL buys 10,000 $SLOTH, which means each token has an approximate price of $0.01729 at the time of writing. With no timer, or stages, the presale could end at any time, so the best time to buy is now before it’s too late.
🚀 Exciting news, fellow lazy sloths! Our 'Lazy Sloth Buy Widget' is now LIVE on Slothana's site! 🌿🦥 No more excuses – even the laziest among us can now send SOL with ease. Say no to slovenly sloth and yes to crypto chad lambo time!💸 #Slothana #LazyCrypto #MemeCoin
— Slothana (@SlothanaCoin) March 27, 2024
Also Read:
- How to Buy Slothana – SLOTH Presale Review
- 420-Friendly Solana Meme Coin Slothana Raises $10 Million As ICO Clock Ticks Down
- Could Slothana Potentially Be the Next 100x Solana Presale Gem and Surpass SLERF?
- Top 3 Presale Gems with 100x Potential – 5th Scape, Dogecoin20, and Slothana
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