{"id":2659,"date":"2025-09-06T05:17:08","date_gmt":"2025-09-06T05:17:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/2659\/"},"modified":"2025-09-06T05:17:08","modified_gmt":"2025-09-06T05:17:08","slug":"memecore-explodes-3800-for-ath-but-is-a-collapse-around-the-corner","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/2659\/","title":{"rendered":"MemeCore Explodes 3,800% For ATH \u2014 But Is A Collapse Around The Corner?"},"content":{"rendered":"<p>MemeCore\u2019s native token M has raced from near-zero to headline-making highs in a matter of weeks, drawing both excitement and sharp warnings from market watchers.<\/p>\n<p>MemeCore\u2019s Meteoric Rise<\/p>\n<p>According to reports, M hit a fresh all-time high of $1.69 Friday before easing back to $1.60, while 24-hour volume climbed past $53 million. At the time of writing, M was up 250% in the weekly timeframe, data from Coingecko shows.<\/p>\n<p>That follows July lows near $0.036, a move that translates into roughly a 3,750% gain in about 90 days. Traders piled in quickly. A lot of money followed.<\/p>\n<p>Market Moves Outpaced Fundamentals<\/p>\n<p>Price action has been wild. Momentum indicators show parabolic behavior and the RSI has flashed extreme overbought readings, signaling the run may be stretched.<\/p>\n<p>Based on technicals, the token has swept through resistance levels since mid-August and is trading in territory where a fast reversal is possible.<\/p>\n<p>Some traders say M is being propelled by hype and big marketing plays more than by on-chain usage today.<\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-817120 size-full\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2025\/09\/A_97f074.png\" alt=\"\" width=\"687\" height=\"413\" loading=\"lazy\"\/><br \/>\nEvent-Driven Hype And Community Stunts<\/p>\n<p>Reports have disclosed that MemeCore rented Seoul\u2019s Lotte World for the final night of Korea Blockchain Week, an attention-grabbing move that pushed social interest higher.<\/p>\n<p>The project pitches itself as the first Layer-1 built for meme culture and uses a Proof of Meme consensus model alongside community-focused tokenomics.<\/p>\n<p>Those features have been shouted about in the community, and they help explain why momentum traders have shown up in force.<\/p>\n<p><img decoding=\"async\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/XSIVGVue\/\" width=\"1835\" height=\"909\" loading=\"lazy\"\/><br \/>\nBulls Point To Network Story; Bears Point To Liquidity Risk<\/p>\n<p>Supporters highlight the promise of a meme-driven economy as reasons for continued upside. If consolidation holds above $1, a push toward $2 is floated by optimistic traders.<\/p>\n<p>But risks are clear. If $1 support gives way, liquidation cascades could accelerate downside toward $0.40\u2013$0.50.\u00a0Liquidity outside major centralized exchanges looks thin, and event-driven spikes can reverse quickly.<\/p>\n<p>Memecore Price Forecast And Sentiment Snapshot<\/p>\n<p>Meanwhile, based on current projections, MemeCore\u2019s price is predicted to fall by 23% to about $1.19 by October 5, 2025.<\/p>\n<p>Market sentiment is still labeled Bullish by some indicators, while the Fear &amp; Greed Index sits at 48, which is neutral.<\/p>\n<p>Over the past 30 days, M recorded 16\/30 green days and roughly 35% price volatility, showing how choppy trading has been.<\/p>\n<p>Those figures suggest a market that favors quick movers but leaves slower traders exposed to steep losses.<\/p>\n<p>Featured image from MemeCore, chart from TradingView<\/p>\n<p>Disclaimer: For information purposes only. Past performance is not indicative of future results.<\/p>\n","protected":false},"excerpt":{"rendered":"MemeCore\u2019s native token M has raced from near-zero to headline-making highs in a matter of weeks, drawing both&hellip;\n","protected":false},"author":2,"featured_media":2660,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[72,61,60,123],"class_list":{"0":"post-2659","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-business","9":"tag-ie","10":"tag-ireland","11":"tag-markets"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/2659","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=2659"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/2659\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/2660"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=2659"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=2659"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=2659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}