Memecoin Cat in a Docsworld records 86% weekly gain amid market decline

Amid a broad decline in the cryptocurrency market, memecoin Cat in a Dog’s World (MEW) is making notable strides, rising 86.41% in a week.
On the 25th (Korean time), the cryptocurrency market is on a downward trend overall due to the sudden drop in the New York Stock Exchange and the repayment of Mount Sox bonds.
The largest cryptocurrency, Bitcoin (BTC), was trading at 64,150 on the cryptocurrency market site CoinMarketCap as of 2:30 p.m. on the same day.
The largest altcoin, Ethereum (ETH), has seen a bigger weekly drop.
The dual-core Ethereum is trading at $3,181, down 7.41% from 24 hours ago and 6.88% from a week ago.
DocksWorld is trading at $0.007185, down 5.77% from the previous 24 hours at the same time. The daily fluctuation range is declining, while the weekly fluctuation range is increasing 86.21%.
It is ranked 97th in the overall cryptocurrency ranking based on market capitalization. Meanwhile, Cat in Adox World is a cat meme with the concept of 'underdog', which means the weak.
MuCoin has been traded on Bithumb and CoinOne in South Korea since June.