In 2024, we asked ChatGPT whether MEW can become the biggest Solana meme coin.

TL;DR

• Cat in a Dogs World, a meme currency on the Solana Blockchain, increased significantly by 60% in a single week. This was due to new trading options at the OKX Exchange and large investments by investors.
• Market trends and innovation will determine whether MEW becomes the leading Solana meme coin. Although the token has grown, its success is still speculation, with a market cap that’s significantly below the leader of this type, WIF.

MEW’s impressive performance

Recently, the cryptocurrency industry has been experiencing severe turmoil. Its global market cap fell below $2.5 trillion. The geopolitical situation could have a negative impact on the industry. tension Between Israel and Iran, and signs that the US Fed has not finished its policy of rate-hikes.

The meme coin market also felt the effects of reality. Many assets flashed red weekly. The leaders in terms of market cap—Dogecoin (DOGE) and Shiba Inu (SHIB)—have nosedived by double digits, while Pepe (PEPE), Floki Inu (FLOKI), and Bonk Inu (BONK) have witnessed even more significant losses.

However, one meme coin is well in the green, and its name is Cat in a Dogs World (MEW) – up a whopping 60% on a seven-day scale.

Its price was increased earlier this week exploded The leading cryptocurrency exchange OKX introduced trading services to it. Whales also took notice of the asset. entered Multi-million dollar investments in its ecosystem.

What is the maximum height that MEW can fly?

ChatGPT asked us if we thought the token would be able to maintain its progress over the next few months. The biggest advantage of using By the end this year, we’ll have a Solana-based coin.

This popular chatbot has estimated that such an outcome depends on various Market trends, investor demand, influence of social media, and other factors are all unpredictable. MEW claims to have the innovative features other memes coins don’t offer.

The cat asset could benefit from the potential growth of the Solana Network.

Currently, MEW’s market capitalization is less than $500,000,000, while WIF The largest meme coin on the Solana Blockchain, (the biggest meme coin) is worth over $3 billion. 

ChatGPT concluded that making such a claim is highly uncertain and speculative, advising investors to do their due diligence prior to investing in the meme coin market due to its notorious volatility. If you want to know how to avoid common mistakes in the meme coin sector, watch our dedicated video.