🔥 #MemeCore's Explosive Rise — Meme Season Returns MemeCore's token, **M**, has soared from obscurity to impressive heights in a matter of weeks, prompting both excitement and caution among analysts. **MemeCore's Rapid Climb** M hit an all-time high of **$1.69** on Friday before retreating to **$1.60**, with a 24-hour trading volume exceeding **$53 million**. According to Coingecko, as of this writing, **M** has risen **250%** in a week. From **July's low of **$0.036**, the token has achieved a staggering **3,750% surge** in 90 days, attracting fast movers and significant inflows. **Momentum Outpaces Fundamentals** This rally has been extreme—RSI readings indicate significant overbought levels, while the momentum indicator remains vertical, suggesting continued gains are possible. Since mid-August, MemeCore has broken through resistance but is in a precarious position for a sudden reversal. Skeptics believe that hype and aggressive promotional activity outweigh actual network usage. The team has reportedly booked a key event at Lotte World in Seoul for Korea Blockchain Week to boost visibility and community interest. MemeCore, hailed as the first layer-1 chain dedicated to meme culture, has attracted a large number of speculative traders with its focus on Proof-of-Meme consensus and community-driven token economics. Market Context and Diverging Views The total cryptocurrency market capitalization is approaching $3.82 trillion. Optimists believe that consolidation above $1, driven by market narrative and community momentum, will push the price towards $2. Pessimists warn that a break below the $1 support level could trigger a forced sell-off, dragging the price down to $0.40-$0.50, especially outside of large exchanges with less liquidity. **Price Outlook and Market Sentiment** Forecasts indicate that the price of Meme will fall 23% to $1.19 by October 5, 2025. Nevertheless, market sentiment remains mixed—some remain bullish, while the **Fear & Greed Index** remains neutral at 48. #Memecore #MarketPullback #TrumpFamilyCryptocurrency #PublicCompanyAltCoinTreasuryBillsMUSD
M
+4.6%
CORE
-2.56%
Risk and Disclaimer:The content shared by the author represents only their personal views and does not reflect the position of CoinWorldNet (币界网). CoinWorldNet does not guarantee the truthfulness, accuracy, or originality of the content. This article does not constitute an offer, solicitation, invitation, recommendation, or advice to buy or sell any investment products or make any investment decisions
No Comments
edit
comment
collection49
like26
share