MemeCore Explodes 3,800% Until its All-Time High — Is a Collapse Imminent?

MemeCore and its token M have soared from almost nothing to record figures in weeks. Incredible. The market doesn't know whether to celebrate or tremble 🚀

The Meteoric Rise of MemeCore

I touched $1.69 this Friday. Then it dropped to $1.60. The daily volume? More than $53 million. And that's not all. It rises 250% in just one week, according to Coingecko.

In July it was worth just $0.036. We're talking about a 3,800% gain in 90 days. How to turn 3,800 CHF into over €4,000. That's how brutal it is 🔥 Traders jumped in. Money flowed quickly. Too quickly, perhaps.

Crazy Price, Doubtful Fundamentals

The price is out of control. It seems crazy. The momentum indicators show impossible curves and the RSI looks overheated.

Since mid-August, this token breaks resistances as if nothing. Now it floats in dangerous territory 📊

Some say it's pure hype. Aggressive marketing. Little real use on the blockchain, it seems.

Flashy Events and Community Strategy

MemeCore rented Lotte World in Seoul for Korea Blockchain Week. An extravagant gesture. It worked 🌕

They are sold as the first exclusive layer 1 for memes, with its "Proof of Meme" model. Very community-focused.

People talk. Traders appear. The price rises. Simple.

Optimists vs. Pessimists

Fans see a thriving meme economy. If it holds above $1, it could reach $2. That's what the optimists say.

But watch out. If it falls below $1, it could plummet to $0.40-$0.50 very quickly. The liquidity outside of major exchanges is like a thin thread. A bit fragile 📉

Future Price and Sentiment

Some models suggest that it will drop by 23% to $1.19 by October 2025.

The market is still somewhat bullish. The Fear and Greed Index is at 48. Neutral 🧠

In the last month, M had 16 green days. Volatility is around 35%. Turbulent, no doubt.

If you are quick, you might win. If you arrive late... well, you know how this ends.