$MEME Update {spot}(MEMEUSDT) Price has risen 63.86% over the past 24 hours, significantly outperforming the overall cryptocurrency market's 3.97% gain. Growth driven by: 1. A shift in funds from Bitcoin to altcoins 2. Strong technical signals (charts and indicators) 3. A significant increase in trading volume (liquidity) Key Points: 1. Altcoin rotation (bullish signal) Bitcoin's market share fell from 58.75% to 57.64% over the past 24 hours. This suggests that traders are shifting funds into altcoins. The Altcoin Seasonal Index rose 4.17%, indicating increased risk appetite. With Ethereum and Solana rallying, enthusiasm has also spread to memecoins like #MEME. 2. Technical breakout (mixed signals) The RSI hit 82.96, suggesting $MEME may be overbought. The MACD shows strong upward momentum. The price broke through key resistance at $0.0036 and the 7-day moving average ($0.0025). If MEME closes above $0.0042, it could fall towards $0.0032 (the 38.2% Fibonacci level). However, a break below $0.0036 could lead to profit-taking. 3. Liquidity and Speculation (Bullish Signs) Trading volume surged 296% to $566 million over 24 hours. The turnover ratio reached 2.66, significantly higher than Dogecoin's 0.89. This indicates strong speculative interest in $MEME.