Cat In A Dogs World Price Prediction: MEW Plunges 29% As Traders Rush To Buy This Solana Rival After CEX Listing Boost

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Cat In A Dogs World price
Cat In A Dogs World price

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The Cat In A Dogs World price plunged 29% in the last 24 hours to trade at $0.0066 as of 03:02 a.m. EST on trading volume that dropped 39% to $209 million.

This comes as MEW continues to secure listings on top-tier exchanges, the latest being on KuCoin. The listings have the chance to attract more attention from the crypto community, which could push the price even higher.

Cat In A Dogs World Price Set For A Rally Over The Falling Wedge

Cat In A Dogs World Price Chart Analysis Source: Tradingview.com
MEWUSD Chart Analysis Source: Tradingview.com

After its launch, the Cat In A Dogs World price soared to an all-time high (ATH) of nearly $0.01 on March 30. However, after this, the bulls have not been able to recover, with MEW going down within the falling wedge pattern.

The bears seem to be losing control at $0.0058, with the bulls staging a price reversal as MEW crosses above the falling wedge.

MEW is trading above the 50-day Simple Moving Average (SMA), which is a confirmation of the bullish trend reversal and the potential to soar the price to an even higher position.

Moreover, the Relative Strength Index (RSI) is climbing from the oversold levels, currently over the 50-midline level at 54. If the bulls sustain the current bullish pressure, the RSI could cross over to the 70-overbought region, an indication of intense buying pressure.

Cat In A Dogs World Price Prediction

The Cat In A Dogs World price analysis shows that the MEW price is set for a trend reversal over the falling wedge, as the bulls aim for a push towards the $0.0085 target.

However, the RSI trades in equilibrium within the 50-midline level. If the bears exert downward pressure, the price could quickly go down through a retrace back to the support zone at $0.0059, which acts as a footing for the bulls to push the price even higher.

Meanwhile, you may want to buy $SMOG as its listing on MEXC earlier today caused its price to spike almost 12%.

Smog Could Soar After Its First Listing

Smog (SMOG) is one of the meme coin sensations that has exploded in the vibrant Solana ecosystem recently. The dragon-themed token has quickly separated itself from the rest because of its gigantic airdrop campaign that it says will be ”the greatest in history.”

The Smog development team has allocated 35% of its 1.4 billion token supply for the airdrop.

Season 1 of the airdrop campaign ended yesterday with a $1 million giveaway as the team revealed the token’s first CEX listing on MEXC.

The team says that listing may soon open doors for more top-tier exchange listings.

With the end of the first airdrop season, the leaderboards have reset, which gives investors a fresh opportunity to build their XP score for season two. Additionally, Season 2 of the airdrop will put an emphasis on on-chain trading activity.

Smog: An Opportunity For 100X Gains

You can also earn passively on the platform by staking $SMOG for a 42% annual percentage yield (APY).

99Bitcoins, a prominent crypto channel on YouTube with more than 700K subscribers, believes that SMOG has the potential to surge 100X.

Visit the official website to buy smog and get a 10% discount while the offer lasts. You need a compatible wallet to swap ETH or USDT for SMOG tokens. You can also use your bank card.

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