MemeCore (M) Explodes by 400% in a Month: What Fuels the Massive Rally?
TL;DR
- M’s triple-digit surge in the last 30 days could be attributed to MemeCore’s latest partnerships and other factors.
- While some analysts expect further highs, technicals like the RSI above 85 suggest the asset may be overheated and vulnerable to a near-term correction.
The Potential Catalysts
MemeCore (M) – a meme coin that emerged earlier this summer – has become the latest sensation in the crypto market. Its price has skyrocketed by roughly 400% over the past month and earlier today (September 12) reached an all-time high of $2.23. M’s market capitalization has risen to a spectacular $3.7 billion, making it the fourth-largest meme coin and the 48th-biggest cryptocurrency.
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MemeCore (M) Explodes by 400% in a Month: What Fuels the Massive Rally?
TL;DR
- M’s triple-digit surge in the last 30 days could be attributed to MemeCore’s latest partnerships and other factors.
- While some analysts expect further highs, technicals like the RSI above 85 suggest the asset may be overheated and vulnerable to a near-term correction.
The Potential Catalysts
MemeCore (M) – a meme coin that emerged earlier this summer – has become the latest sensation in the crypto market. Its price has skyrocketed by roughly 400% over the past month and earlier today (September 12) reached an all-time high of $2.23. M’s market capitalization has risen to a spectacular $3.7 billion, making it the fourth-largest meme coin and the 48th-biggest cryptocurrency.
Read More
Ethereum Crash Chaos: Hackers Sell, Whales Buy as ETH Plunged to $3.5K