The Cat in a Dogs World (MEW) meme coin, based on the Solana blockchain, has seen a significant increase of 60% in a week. The growth is supported by new trading options on the OKX exchange and significant investments from major investors.

MEW's ability to become the leading meme coin on Solana remains uncertain, depending on market trends and innovation. Despite the growth, the token's success remains speculative with the current market capitalization well below the leading asset of its type, WIF.

Currently, MEW's capitalization is less than $500 million, while WIF (the largest meme coin on the Solana blockchain) has more than $3 billion.