The cryptocurrency known as MEW has experienced a significant surge in price, garnering attention from investors. In the span of 24 hours, the price of MEW has increased by 21.59%, pushing its market cap to $379 million. This surge has propelled MEW to the fifth-largest coin on the Solana network in terms of monthly trading volume.

In addition to the price increase, there has been a notable uptick in trading volume, which has risen by 218.17% over the past day. This surge in volume indicates a growing interest and activity surrounding MEW, with prominent figures like John Galt pointing out signs of accumulation and expressing confidence in the coin's upward trajectory.

Despite the recent price surge, MEW's price is still below its all-time high of $0.01034 achieved in March 2024. Analysts, however, remain optimistic about MEW's future prospects, believing that it is well-positioned to reclaim its all-time high before the year ends.

One of the factors that sets MEW apart is its thematic focus on cat-themed content, a departure from the prevalent dog-themed coins in the meme coin space. This unique focus has resonated with investors, contributing to MEW's growing popularity. Recent announcements from the MEW team, including the development of an animated series, toys collaboration, games, and merchandise, have further fueled anticipation within the community.

MEW has made significant strides within the Solana network, becoming one of the top meme coins based on trading volume and market cap. Its inclusion in the list of top trending Solana memecoins reaffirms its relevance and popularity among investors. With promising developments and a growing market presence, MEW's price could potentially see further increases if the current market sentiment continues.

Overall, MEW's recent price surge, along with its unique thematic focus and promising developments, has captured the attention of cryptocurrency enthusiasts and investors alike. As MEW continues to make strides in the crypto market, its performance will be closely monitored by those looking to capitalize on its potential growth.