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MEW Price Prediction: Is $0.01 Achievable by 2025?

Meril Cooper il y a 18 heures 0

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Cat In A Dog's World launched its MEW token in late March 2024, and it has experienced a remarkable 280% surge. As of July 25, 2024, MEW reached a value of $0.007128, approaching its all-time high shortly after its initial release. The big question now: will MEW hit a new record high?

For an in-depth analysis of MEW's potential, explore our full MEW Price Prediction for the latest insights into its future trajectory.

MEW Price

According to Coinpedia Markets data, Current MEW price: $0.004441 with a 24-hour trading volume of $28,323,753. All-time high: $0.01286 on Nov 17, 2024; all-time low: $0.000844 on Mar 27, 2024.

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Technical Analysis:

  1. Short-term: Bearish crossover of 5-day and 20-day SMAs signals potential price decline.
  2. Medium-term: 20-day and 50-day SMA crossovers indicate possible weakness and downward momentum.
  3. Long-term: 50-day and 200-day SMAs also show bearish crossover, suggesting prolonged downtrend.

Market Sentiment:

  1. Neutral volatility at 4.85%, indicating stable price movement and limited market fluctuations.
  2. RSI of 19.80 indicates neutral market conditions, avoiding overbought or oversold extremes.

MEW Quarterly Performance

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The best-performing quarter for Cat in a Dog's World was Q1 2024, with MEW rising by 161.33%, from $0.002251 to $0.005882. On the other hand, the worst-performing quarter was Q2 2024, where MEW saw a decline of -23.82%.

MEW Price Prediction

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Also Read: XTZ Price Prediction 2030

Is Cat In A Dog's World a Good Investment?

The outlook for Cat In A Dog's World (MEW) is uncertain. While the token has shown a modest recovery and is nearing its March 2024 all-time high, the market remains volatile. Despite optimistic price predictions, caution is recommended when trading MEW.