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Solana-based meme coin cats in a dogs world (MEW) reached a new all-time high today after an 18% price rally earlier in the day. This surge followed a significant development, as South Korean exchange Upbit added the Korean Won (KRW) as a trading pair for MEW.
Before the development, MEW’s price was $0.0089. But as soon as the news spread, the meme coin formed a bullish engulfing candle that sent it to $0.010.
cats in a dogs world Rallies After Listing
Upbit previously listed MEW with several pairs, including Bitcoin (BTC) and USDT, in September. This development sparked a rally for the meme coin, but it was unable to break its previous all-time high.
MEW’s previous all-time high was $0.0097 in March. But today, the massive price increase has sent it above that region.
cats in a dogs world price. Source: TradingView