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Solana Meme Coin MEW's Cat Character to Feature on Trending Telegram Mini Game
The MEW character will be featured on TON, the network where Pixelverse’s Telegram mini-games operate, in a first for a Solana meme coin.
Updated Jul 3, 2024, 12:03 p.m. Published Jul 3, 2024, 12:00 p.m.
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Web3 gaming ecosystem Pixelverse will add Solana-based meme coin character MEW to its real-time game rooster.
The move will likely attract a new audience within the Telegram ecosystem, where the Pixelverse games operate.
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MEW will be the first Solana-based meme coin to be featured on TON.
"Pixelverse isn't just about creating a game; we're building a retail-friendly brand that captures audience attention and onboards millions to our product lines,” Kori Leon, chief operating officer of PixelVerse, told CoinDesk in a Telegram message. “The MEW partnership is possible as Pixelverse aims to integrate other IPs into their Pixel Universe.”
MEW is a character and token based on cats, which was launched amid the Solana meme coin frenzy in March. The token, which is named cat in a dogs world, rose to a peak market capitalization of nearly $700 million in early April, per CoinGecko data.
Players on Pixelverse earn token rewards for winning with their in-game robots or characters, and the game is estimated to have 35 million active players. Other distinctive characters on Pixelverse include the doge character from the meme coin.
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Robinhood misses Q4 revenue estimates as fourth-quarter results dinged by crypto slump
Crypto revenue fell 38% year over year to $221M, even as the company expanded token listings and crypto features across its platform.
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- Robinhood’s fourth quarter earnings per share of $0.66 topped estimates for $0.63, but revenue of $1.28 billion fell shy of forecasts for $1.33 billion.
- The crypto slump paid a large part in the miss, with crypto revenue falling 38% from a year earlier to $221 million.
- Robinhood’s results mirror broader crypto-market weakness, which is also expected to weigh on rival Coinbase (COIN), and HOOD shares fell about 7% in post-market trading after the earnings release.
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