41% Surge Sends MemeCore Flying: More Gains or Pullback Ahead?

TheNewsCryptoОпубликовано 2026-03-26Обновлено 2026-03-26

Введение

MemeCore's price surged 41.92% to $2.45 following the implementation of two hard forks aimed at reducing transaction fees from 1,500 gwei to 15 gwei, introducing account abstraction, and improving L2 scalability. Trading volume exploded by 112%, reaching $31.79 million, with $2.16 million in liquidations. Technical indicators show strong bullish momentum: MACD is well above the signal line, and the price may test the $2.76 resistance or even break into all-time high territory above $3. However, the RSI of 83.27 suggests the asset is overbought, indicating a potential pullback. Support lies at $2.14. The market shows moderate bullish pressure but is currently neutral in money flow, suggesting possible sideways movement unless stronger inflows or outflows emerge.

MemeCore has implemented two hard forks to lower transaction fees and adjust to the latest upgrades made to the Ethereum Virtual Machine (EVM). A few main changes include lowering gas prices from 1,500 gwei to 15 gwei (1/100), account abstraction, and scalability for L2.

As the team announced the upgrade with a simple message: “Just sit back and enjoy the smooth, cheaper cost-effective ride in the MemeCore ecosystem!” The market responded immediately, and the MemeCore (M) price has pumped by over 41.92%. The chart reveals that the buyers are in full control.

If the rally continues and breaks the $3 zone, the asset will enter uncharted territory. Its all-time high sits at $2.96, 16.96% away from where the price is right now. At press time, MemeCore is trading at $2.45, after a 41.92% jump, with the trading volume having exploded by 112% to $31.79 million. Besides, the M market has seen a $2.16 million worth of liquidation.

On the four-hour trading chart, with the bullish pattern, the MemeCore price could move up to the resistance at around $2.76. With the intense upside pressure, the golden cross might take place and send the price even higher. Conversely, if a bearish reversal occurs for MemeCore momentum, the price might retrace to the $2.14 support. Assuming the downside correction gains more traction, it triggers the death cross to unfold, pushing the price lower.

MemeCore Charts Indicate Growing Upside Momentum

The MACD line is far above the signal line, and both are above the zero line, showing a strong bullish impulse. The price is moving up with acquired strength, and the market is running hard to the upside, though when the gap gets wide, a short pullback can happen before continuing higher.

In addition, the CMF indicator resting at -0.00 is in the neutral zone. There is no money flow in or out, so neither the buyers nor the sellers have control. Significantly, the MemeCore market is undecided, pointing to sideways movement, unless a stronger inflow or outflow likely starts building.

MemeCore’s BBP value is positioned at 0.753505, indicating moderate bullish pressure. Buyers have a clear edge, pushing the price above its average with modest strength, not extreme. The market is leaning higher steadily, with room to continue if buying interest holds.

Moreover, the daily RSI of 83.27 is deep in the overbought territory. Notably, the price action has run up very fast, with the buyers in strong control, and the move is starting to feel overstretched. At this level, the market is due for a pullback, even if the overall trend is still bullish.

Top Updated Crypto News

Pudgy Penguins (PENGU) on the Move: Can This 6% Surge Fuel a Bigger Trend?

TagsCryptoCryptomarketMeme CoinMemeCore

Связанные с этим вопросы

QWhat were the two main changes implemented by MemeCore through its hard forks?

AThe two main changes were lowering gas prices from 1,500 gwei to 15 gwei (a 1/100 reduction) and implementing account abstraction and scalability for L2.

QHow did the market initially react to MemeCore's upgrade announcement?

AThe market responded immediately with a positive surge, causing the MemeCore (M) price to pump by over 41.92%.

QWhat is MemeCore's all-time high price and how far is the current price from it?

AMemeCore's all-time high is $2.96, and the current price of $2.45 is approximately 16.96% away from that level.

QWhat does the daily RSI value of 83.27 indicate about the MemeCore market?

AThe daily RSI of 83.27 indicates that the market is deep in the overbought territory, suggesting the price action has run up very fast and is due for a pullback, even if the overall trend remains bullish.

QWhat critical pattern is indicated by the MACD line being far above the signal line and both above zero?

AThis pattern shows a strong bullish impulse, indicating that the price is moving up with acquired strength and the market is running hard to the upside.

Похожее

Should You Buy SpaceX Stock at $1.7 Trillion? Here's What the Market Is Worried About

SpaceX is preparing for a massive IPO aiming to raise around $75 billion at a valuation of approximately $1.75 trillion. While its achievements in reusable rockets and the profitable Starlink satellite internet service are clear, the market is concerned about the aggressive valuation. Key issues include: the current $1.75 trillion valuation, which is about 94 times 2025 revenue, seems to price in not just existing businesses but also unproven future ventures like AI infrastructure and orbital data centers. Financially, while Starlink is profitable, the AI division, bolstered by the acquisition of xAI, is incurring massive losses and consuming the majority of capital expenditures. This acquisition also introduced complex related-party financing arrangements and debt onto SpaceX's balance sheet. Furthermore, corporate governance poses a challenge. SpaceX's dual-class share structure ensures founder Elon Musk retains absolute control, limiting ordinary shareholders' influence over high-risk, long-term strategic decisions. The future success of ambitious projects like the Starship rocket—critical for lowering costs and enabling new services—remains a significant variable for the valuation. In summary, the market's apprehension (FUD) centers not on doubting SpaceX's past technological triumphs but on questioning how much premium public investors should pay for a future that combines proven profits with highly speculative and capital-intensive new ventures, all under a governance structure that offers limited shareholder oversight.

marsbitТолько что

Should You Buy SpaceX Stock at $1.7 Trillion? Here's What the Market Is Worried About

marsbitТолько что

Breaking the DeFi Cascading Liquidation Curse: Vitalik Proposes a New Solution

Vitalik Buterin has proposed a new DeFi design to eliminate the automatic liquidation mechanism that causes market instability during sharp downturns. The current system, used by protocols like Aave, triggers forced sales when collateral value falls below a threshold, often exacerbating price drops and creating systemic selling pressure. Buterin's alternative model is based on splitting an asset like ETH into two synthetic option-like tokens, P and N, pegged to a price index. Their combined value always equals one ETH. Instead of sudden liquidation, a position's value gradually drifts from its target peg if the market moves. Users must proactively rebalance their holdings to maintain their desired exposure, transferring the management burden from the protocol to the user or automated tools. A key advantage is the reduced reliance on real-time oracles. Pricing decisions are deferred until contract expiry, allowing for more robust, fault-tolerant oracle designs. This removes a clear liquidation threshold that speculators can target for manipulation or MEV extraction. However, significant challenges remain. Frequent rebalancing could incur high slippage and transaction costs, necessitating new liquidity provider models. The design is better suited for hedging instruments than for stablecoins requiring a rigid 1:1 peg. While not an immediate replacement for existing systems, the proposal challenges the foundational assumption that instantaneous forced liquidation is an unavoidable necessity in DeFi, opening the door for fundamentally different risk management architectures.

marsbit5 мин. назад

Breaking the DeFi Cascading Liquidation Curse: Vitalik Proposes a New Solution

marsbit5 мин. назад

The End of Single-Factor Cryptography

The article "The End of Single-Factor Crypto" posits a fundamental shift in the cryptocurrency ecosystem. It argues the era where crypto asset valuations were predominantly driven by, and correlated with, Bitcoin's price is ending. The space is bifurcating into two distinct economies: endogenous and exogenous. The endogenous economy represents traditional crypto, where token and project values are directly tied to crypto market prices. The emerging exogenous economy comprises projects and businesses that may utilize blockchain technology or tokens but derive their fundamental value from external, non-crypto factors like consumer demand, subscription revenue, or real-world utility. Examples include AI inference platforms like Venice, fintech lenders using blockchain for efficiency, and stablecoin/payment infrastructure companies acquired by giants like Mastercard and Stripe. This shift means investment analysis must change. For exogenous assets, evaluating traditional business fundamentals—such as revenue streams, unit economics, and competitive moats—becomes more critical than tracking Bitcoin charts. While endogenous assets like Bitcoin remain relevant, the growth of the exogenous category is driven by measurable demand independent of crypto price cycles, paving the way for a new, more diversified market phase. Consequently, crypto is evolving from a single-factor, reflexive asset class into a multifaceted ecosystem with varied drivers and investment theses.

marsbit5 мин. назад

The End of Single-Factor Cryptography

marsbit5 мин. назад

Morning Post | Bitmine Plans to Raise $300 Million Through Preferred Stock Issuance; Polymarket Accuses Kalshi of Commercial Espionage

ChainCatcher's Daily Crypto Brief: Key developments from the past 24 hours include significant funding moves, regulatory actions, and market predictions. Bitmine announced a $300 million preferred stock fundraising. Polymarket accused rival prediction platform Kalshi of corporate espionage, citing numerous suspicious coincidences in product launches, a claim Kalshi strongly denied. The U.S. Department of Justice, in a joint "Disruption Week" anti-fraud operation with companies like Coinbase and Meta, froze over $3.8 million in cryptocurrency linked to scams. In infrastructure news, Macau completed its integration with the multi-central bank digital currency bridge, mBridge, aiming to build efficient cross-border payment channels. Cosmos Labs acquired the block explorer Mintscan. Market-wise, Geoffrey Kendrick, Standard Chartered's Head of Digital Assets Research, stated Bitcoin is nearing a bottom around $63,000, maintaining a year-end target of $100,000. He noted stability in U.S. spot Bitcoin ETF holdings. Ahead of SpaceX's anticipated IPO, internal insiders at Rocket Lab (RKLB) sold over $18.41 million in stock. In tokenization, Goldman Sachs partnered with Apex and Archax to launch a tokenized real estate fund. The meme token tracker GMGN reported the top trending tokens: on Ethereum, HEX, SHIB, LINK, PEPE, mUSD; on Solana, TROLL, swarms, WORLDCUP, neet, Buttcoin; and on Base, PEPE, toby, ODDS, ELSA, SKI.

链捕手19 мин. назад

Morning Post | Bitmine Plans to Raise $300 Million Through Preferred Stock Issuance; Polymarket Accuses Kalshi of Commercial Espionage

链捕手19 мин. назад

55TB to 28TB? The Rumor and Panic Behind Rubin's Memory Being Halved

Title: 55TB to 28TB? The Rumor and Panic Behind the Potential Halving of Rubin's Memory. On June 4th, a report from SemiAnalysis suggested NVIDIA's next-gen Vera Rubin NVL72 AI rack may ship with roughly 28TB of SOCAMM DRAM per rack instead of the anticipated 55TB, primarily using 96GB modules. This sparked a market panic, causing Micron's stock to drop over 10% on fears of halved memory demand. However, the article argues this panic is misguided for several key reasons. First, SOCAMM modules are socketed and upgradeable, not soldered. Lower initial configuration doesn't mean permanent demand loss. Second, the primary driver is a severe 2026 LPDDR5X supply shortage, not diminished need. NVIDIA is likely prioritizing rack shipments with available components. Third, with fixed total LPDDR5X supply, using less per rack could allow NVIDIA to ship *more* racks, not necessarily reducing overall memory orders. Micron's sharp drop was also attributed to a broader semiconductor sell-off triggered by Broadcom's earnings, with the SemiAnalysis report providing a convenient narrative for profit-taking after Micron's massive rally. In summary: the report on lower default configurations is likely accurate, but interpreting it as a demand collapse is wrong. The real risk for Micron lies in its reportedly minimal HBM4 share for Rubin, not in potentially flexible SOCAMM demand. The sell-off appears more like a correction amplified by coinciding negative catalysts.

marsbit36 мин. назад

55TB to 28TB? The Rumor and Panic Behind Rubin's Memory Being Halved

marsbit36 мин. назад

Торговля

Спот
Фьючерсы
活动图片

Популярные категорииright-arrow

Популярные тегиright-arrow