MEW Price Prediction 2024: Cat In A Dogs World Price Analysis
What's next for MEW? l Source: Hameem Sarwar/CCN.com
Key Takeaways
- Cat In A Dogs World’s MEW token debuted in late March 2024.
- The token is now close to reach its all-time high hit soon after its launch.
- What’s next for MEW?
- One price prediction says it can reach $0.0151 next year.
Cat In A Dogs World launched its MEW token in late March this year and it recorded a stunning 280% increase since then.
By July 25, 2024, MEW was worth $0.007128, just a bit far from its all-time high reached soon after its debut on the public market. Will MEW hit a new record high?
Cat In A Dogs World did not respond to a request for comment.
Let’s take a look at our Cat In A Dogs World price predictions, made on July 25, 2024. We will also examine the Cat In A Dogs World price history and talk a little about what Cat In A Dogs World is and what it does.
Cat In A Dogs World Price Prediction
Let’s examine some of the Cat In A Dogs World price predictions CCN made on July 25, 2024. It is crucial to bear in mind that price forecasts, particularly for a potentially volatile asset like cryptocurrency, often turn out to be inaccurate.
| Minimum MEW Price Prediction | Average MEW Price Prediction | Maximum MEW Price Prediction | |
|---|---|---|---|
| 2024 | $0.0086 | $0.0090 | $0.0101 |
| 2025 | $0.0127 | $0.0131 | $0.0151 |
| 2030 | $0.0781 | $0.0809 | $0.0901 |
Cat In A Dogs World Price Prediction for 2024
If the positive momentum continues and MEW breaks above its moving averages, it could reach targets between $0.0086 and $0.0101 by the end of 2024, with the average price set at $0.0090.
Cat In A Dogs World Price Prediction for 2025
Technical analysis suggests a potential increase for Cat In A Dogs World in 2025. The minimum MEW price expected for 2025 is $0.0127 while the maximum one is $0.0151. On the other hand, the average forecast suggests it may reach $0.0131.
Cat In A Dogs World Price Prediction for 2030
Based on technical analysis, the MEW token may reach a maximum level of $0.0901 at the beginning of the next decade, while, in the worst scenario, it may go to $0.0781. Meanwhile, the average expected price is $0.0809.
Cat In A Dogs World Price Analysis
The technical analysis for Cat In A Dogs World reveals mixed signals. The Relative Strength Index (RSI) is at 71.02, indicating a sell signal. Meanwhile, the Stochastic Oscillator (STOCH) at 74.01 and the Stochastic RSI (STOCHRSI) at 0.7624 both show a neutral position.
The Moving Average Convergence Divergence (MACD) is at 0.0007951, suggesting a buy signal, and the Average Directional Index (ADX) at 31.33 also supports a buy signal. However, Williams %R at -25.9905 is neutral, and the Commodity Channel Index (CCI) at 172 suggests a sell signal.
The Highs/Lows indicator is at 0.008048, indicating a buy signal, while the Awesome Oscillator at 0.002431 and the Rate of Change (ROC) at 105.18 both show neutral positions.
The Average True Range (ATR) data is not available. Overall, Cat In A Dogs World presents a blend of buying and selling signals..
Short Term Cat In A Dogs World Price Prediction
Price predictions based on technical analysis expect the value of Cat In A Dogs World to rise by 6% in the next 24 hours, before accelerating by 226% in the next month, reaching $0.023273 by August 24, 2024.
Technical indicators show a Neutral sentiment, while the Fear & Greed Index stands at 68 (Greed). Over the past 30 days, Cat In A Dogs World has seen 19 green days (63%) with a price volatility of 29.23%. Based on this forecast, it appears to be a good time to buy Cat In A Dogs World.
Cat In A Dogs Relative Strength Index (RSI): Is MEW Oversold or Undersold?
Cat In A Dogs World Price Performance Comparisons
Best Days and Months to Buy Cat In A Dogs World
| Day of the Week | Saturday |
| Week | 7 |
| Month | March |
| Quarter | First |
Cat In A Dogs Price History
Following that, let’s now take a look at some of the key dates in the Cat In A Dogs World price history . While past performance should never be taken as an indicator of future results, knowing what the coin has done can help give us some very useful context when it comes to either making or interpreting a Cat In A Dogs World price prediction.
| Time period | Cat In A Dogs World price |
|---|---|
| Last week (July 18, 2024) | $0.003852 |
| Last month (June 25, 2024) | $0.003833 |
| Three months ago (April 25, 2024) | $0.006196 |
| Launch price (March 26, 2024) | $0.002332 |
| All-time high (April 3, 2024) | $0.009154 |
| All-time low (March 27, 2024) | $0.001078 |
Cat In A Dogs World Market Cap
The market capitalization, or market cap, is the sum of the total number of MEW in circulation multiplied by its price. On July 25, 2024, Cat In A Dogs World’s market cap was $636.1 million, making it the 98th-largest crypto by that metric.
Cat In A Dogs World Supply and Distribution
| Supply and distribution | Figures |
|---|---|
| Total supply | 88,888,888,888 |
| Circulating supply on July 25, 2024 | 88,888,888,888 (100% of the total supply) |
Cat In A Dogs World (MEW) Explained
MEW is a cryptocurrency project on the Solana blockchain, designed to challenge the dominance of dog-themed meme coins.
Although specific utilities for the MEW token are still undisclosed, speculation suggests that it might be used for governance within the Cat In A Dogs World ecosystem or provide access to exclusive features and benefits in the future.
How Cat In A Dogs World Works
The use case for MEW is still a mystery. In the meantime, it can be used to pay for fees on the network and bought, sold, and traded on exchanges.
Is Cat In A Dogs World a Good Investment?
It is hard to say. Cat In A Dogs World made a small recovery over the last days, nearing its all-time high reached soon after its launch in late March 2024. However, even if the price predictions are highly positive, traders should be careful when trading MEW.
As ever with crypto, you will need to make sure you do your own research before deciding whether or not to invest in MEW.
Will Cat In A Dogs World go up or down?
No one can really tell right now. While the Cat In A Dogs World crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind, too, that prices can, and do, go down as well as up.
Should I invest in Cat In A Dogs World?
Before you decide whether or not to invest in Cat In A Dogs World, you will have to do your own research, not only on MEW, but on other, related, coins and tokens such as Solana (SOL) and Cardano (ADA). Either way, you will also need to make sure that you never invest more money than you can afford to lose.
FAQs
Will MEW reach one cent?
According to price predictions based on technical analysis, it may reach that level already this year.
What is Cat In A Dogs World used for?
It aims to challenge the dominance of dog-themed memecoins. However, its use cases haven’t been disclosed yet.
Disclaimer
Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
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