MemeCore Soars 25% Amid Broader Crypto Selloff Driven by Retail Demand

MemeCore ($M) experienced a notable price increase of nearly 25% on a single trading day, reaching $0.4390, as anticipation for the upcoming MemeX Liquidity Festival drove strong retail engagement [1]. The rally occurred against the backdrop of a broader crypto market decline, with major assets like ETH and BTC facing corrections. This divergence highlights MemeCore’s appeal among retail investors, particularly through platforms like PancakeSwap, which accounted for 85% of the trading activity [1].

The price surge marks a weekly gain of 33% for MemeCore and pushed its market capitalization past $693 million [1]. Despite the absence of public commentary from key opinion leaders (KOLs), the community-driven momentum underscores robust organic interest. Social media buzz and net inflows into centralized exchanges further support this trend, contrasting the behavior of larger cryptocurrencies during the same period [1].

Derivatives funding rates for MemeCore derivatives remain positive, suggesting leveraged traders expect further upside potential in the near term [1]. Institutional participation, however, remains minimal, with the current rally being largely fueled by individual retail investors. Historically, similar memecoin surges have often led to temporary price volatility, and MemeCore is no exception. The August 4, 2025, MemeX Liquidity Festival is expected to play a key role in shaping the next phase of price action, based on exchange data and official channels [1].

The current performance of MemeCore reflects a broader trend in the crypto market where retail-driven assets can outperform during downturns. As the community continues to build anticipation for the liquidity event, MemeCore remains a focal point for short-term traders and memecoin enthusiasts [1].

Source: [1] MemeCore Surges Amid Market Decline https://coinmarketcap.com/community/articles/688f920266cfc37233d37330/