Liquidity Outflow Casts Doubt on MEW’s $0.011 Comeback

Solana-based meme coin cats in a dog’s world (MEW) surged to an all-time high of $0.011 on October 25. However, a wave of profit-taking has since triggered a price drop, with MEW now trading at $0.0096 — a 14% decline from its peak. BeInCrypto’s assessment of MEW’s technical and on-chain setup shows an outflow of liquidity as traders exit to secure gains, heightening the risk of further price... source: https://beincrypto.com/mew-price-chance-of-reclaiming-ath/