Ethereum Altcoin MEW to Destroy Shiba Inu and Dogecoin, According to Analyst

Solana's Cat-Themed Meme Coin MEW Poised to Rival Dogecoin and Shiba Inu

Altcoin Daily's bold assertion that MEW could "destroy" these leading dog-themed tokens has sparked intrigue within the crypto community. MEW's distinctive advantages include its unique position in the Solana ecosystem and its captivating cat-themed branding.

Cat Appeal in a Dog-Dominated Market

MEW's "cat in a dog's world" narrative appeals to investors seeking novelty beyond the current dog-themed meme coin dominance. Its character-driven storyline and associated visuals resonate with investors seeking originality.

Solana Foundation and Scarcity

MEW's connection to the rapidly growing Solana blockchain provides a solid foundation. The token's limited supply of 88,888,888,888 with 90% already burned creates a sense of scarcity. In contrast, Dogecoin and Shiba Inu have much larger circulating supplies, making MEW a potentially more attractive investment.

Partnership with LOCUS Animation Studios

MEW's partnership with LOCUS Animation Studios aims to bring its ecosystem to life through engaging animations. LOCUS's renowned storytelling and visual artistry will enhance MEW's appeal and reach beyond the crypto community.

Exchange Listings and Market Position

MEW's growing presence is reflected in its listings on prominent exchanges, including OKX, Bybit, and KuCoin. Its market cap of $394,348,674 ranks it as the tenth most valuable meme coin.

Surpassing Dogecoin and Shiba Inu: A Challenge

While surpassing these leading tokens is a formidable challenge, MEW's unique advantages and growing ecosystem position it for potential success. However, historical trends suggest that even successful meme coins on Solana have not outpaced Shiba Inu's market cap.