Solana MEW memecoin value increased by 50% in just one day.

A singular event appears to be a major catalyst.

Social media and community support play a crucial role in the memecoins.

Solana memecoins have been capturing investor attention recently, with coins like Bonk and BOME surging upwards of 1000%. In that casino-like frenzy, new tokens are surging all the time.

Most recently, Solana-based memecoin Cat in a Dog’s World (MEW) has seen a significant price rally, up 439.03% in just one week.

MEW Latest Solana Token to Post Significant Gains

The Solana-based MEW token saw a significant rally over the last week, a surge of 439.03% to its current value of $0.0076. This surge coincides with the crypto market, which has shown a renewed interest in meme coins, especially in the Solana ecosystem.

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More narrowly, the main catalyst for the rally was the anticipation of an exchange listing. Crypto exchange Bitget announced on Wednesday, April 3, that it will list the token.

Following the anticipated listing, the token surges 50%, reaching a high of $0.00986. However, the token dropped back almost to its starting value that same day. Despite these losses, MEW is still up more than 400% where it was last week.