Solana 'mew' Token Surges 255% – Assess the High-Volatility Potential

The token 'mew' has experienced a remarkable price surge of +255.5%, with recent gains of +133.1% over the past 12 hours. Its market capitalization stands at approximately $14,360, and it has 98 holders. The internal market activity shows 65.01% completion, indicating significant engagement. The project is relatively new, launched just 8 minutes ago, and shows a diversified holding structure among large investors, with the top 10 holding less than 30%. This suggests a relatively distributed ownership model. Current risk assessments label it as non-threatening on safety metrics, with no blacklisting or warnings. Given the rapid price increase and recent activity, this token demonstrates strong momentum but may be subject to high volatility typical of such short-term explosive growth. Always consider the high-risk nature of such surges and perform thorough due diligence before investment.