Join Our Telegram channel to stay up to date on breaking news coverage
The Cat In A Dogs World price surged 33% in the last 24 hours to trade at $0.007258 as of 4 a.m. EST on trading volume that skyrocketed 103% to $335 million.
The MEW token’s price has surged 108% in the past week amid rising bullish sentiment in the crypto market, and in the past 24 hours the Solana-based token was the top gainer among the biggest 200 cryptos by market capitalization.
Apart from being popular among meme coin users, MEW also saw a listing on PointPay on July 18, which could have also contributed to it becoming the industry’s strongest performer.
We're excited to announce that “cat in dogs world” #MEW is now listed on PointPay! MEW is a new meme coin on the Solana blockchain, designed to challenge dog-themed tokens with a unique cat-themed twist.
Join the revolution and start trading MEW today: https://t.co/FRYmADsWJp… pic.twitter.com/CRlEfDsVln
— PointPay (@PointPay1) July 18, 2024
In the end, the token’s performance once again confirms the strength of the meme coin trend in 2024, although it does seem like MEW has hit a barrier at $0.0075, which is currently holding it from progressing further.
Cat In A Dogs World Price Performance
Cat In A Dogs World has seen a strong price increase in the last three days, but once it reached the price of $0.0075, the barrier ended up being too strong to breach.
There is still a major interest in the community, as the project’s Relative Strength Index (RSI) shows that the price continued to rise even after the RSI value hit an obstacle and started to drop, which is something of an inconsistency.
In fact, the same is true when it comes to the token’s Bollinger bands — the price kept going up as the bands started to narrow. This is a good example of how technical indicators can suggest one outcome while the complete opposite might happen due to fundamental factors.
So far, it seems that the MEW price continued to trade under Bitcoin’s influence even when technical indicators suggested that it should drop. However, with the start of the new week, the price was finally free of the stronger crypto’s influence, and it started trading accordingly.
At first, MEW saw a slight drop to $0.0070, but it has already started a recovery. With its RSI climbing from under the neutral level toward the overbought level, and the Bollinger bands now once again increasing, MEW is giving off extremely bullish signals, and is likely to retest the resistance at $0.0075.
Whether it will breach it and head further up remains to be seen, but for short-term traders, this seems like the right time to buy.
Promising Alternatives To Cat In A Dogs World
There are other projects in the crypto world that could provide even more rewarding opportunities than MEW, and some analysts say one of them is the GameFi token Mega Dice (DICE).
Mega Dice is a native cryptocurrency of an established casino that is going by the same name. The Mega Dice casino has been around since last year, and it’s been busy building up its community and product offering to the point where it now has over 4,000 games and more than 50,000 registered members.
On a monthly basis, the casino sees more than 10,000 regular visitors who wager a combined $50 million. All will be DICE users once the token launches.
Investors are given plenty of incentives to buy the token during the ICO, including special daily rewards for token holders, which depend on the casino’s day-to-day performance. Then, there is access to exclusive NFTs, bonuses for early investors, referral bonuses, and more.
It is also worth noting that the casino has been holding a massive and rather lengthy airdrop, split into three stages. In total, the airdrop will distribute $2.25 million, split into three Seasons, each of which will reward participants with $750,000.
Our Season 2 airdrop is in progress! $750K in $DICE airdrops will be paid this weekend – check your casino balance 🚀
Missed Season 2? Stay tuned to our community and social media profiles for details around the $DICE Season 3 airdrop, where we're giving away $750,000 AGAIN 🚀… pic.twitter.com/tyx93glK1m
— Mega Dice Casino (@megadice) July 19, 2024
So far, Seasons 1 and 2 have ended already, and Season 2 has just seen its token distribution during this weekend. That means that you can still join Season 3, which will start shortly.
All you need to do is wager a minimum of $5,000 during a three-week period, and you will automatically qualify.
Popular crypto YouTuber TodayTrader explained how it all works in a recent video here:
Alternatively, you can simply buy DICE during presale with SOL, ETH, or BNB. Right now, the DICE token is priced at $0.09548, and so far, the ICO has raised over $1.6 million.
Hurry if you are interested to buy because the price will increase in just 10 minutes.
Related Articles:
- How to Buy Mega Dice Token – $DICE Presale Review
- Mega Dice Price Prediction – DICE Price Potential in 2024
- $DICE Launches Staking As ICO Tops $1.5M, Posing Strong Competition To Rollbit
Mega Dice - Newest GambleFi Token
- Established Crypto Betting Brand
- Featured In Cointelegraph - First Licensed Telegram Casino
- Presale Live Now - megadicetoken.com
Join Our Telegram channel to stay up to date on breaking news coverage