Traders Doubt MemeCore's Long-Term Potential Despite Short-Term Surge

Generated by AI AgentCoin World
Wednesday, Aug 20, 2025 7:07 am ET1min read
BTC
--
ETH
--
Aime RobotAime Summary

- MemeCore’s price surged 22.05% in 24 hours to $0.45454, but futures market skepticism persists over long-term viability.

- Low $2.19M trading volume and 15.8% circulating supply highlight volatility risks despite $717.86M market cap and $4.55B FDV.

- Token remains 52% below all-time high of $0.9695, with 60-day gains of 4,445% offset by broader crypto market declines.

- Futures activity remains weak compared to established assets, limiting sustainability of gains without broader adoption or regulatory clarity.

MemeCore (M) has experienced a notable rally in recent trading sessions, yet faces skepticism in the futures market as traders remain cautious about its long-term trajectory. The token’s price surged by 22.05% over the past 24 hours, reaching $0.45454 as of the latest data update, according to MEXC. This increase came amid a broader volatile performance, with the token trading between a low of $0.36371 and a high of $0.52686 in the same period. However, despite the short-term gains, MemeCore’s 24-hour trading volume remains relatively modest at $2.19M, indicating limited institutional or large-scale retail participation [1].

The token’s market capitalization currently stands at $717.86M, placing it at rank 100 in the global cryptocurrency rankings. Its fully diluted valuation (FDV) is estimated at $4.55B, with only 1.58 billion tokens in circulation out of a maximum supply of 10 billion. This suggests significant upside potential should the token’s price rise with increased adoption, but also highlights the risk of substantial price dilution if demand fails to expand. Analysts note that while MemeCore’s circulating supply represents just 15.79% of the total supply, this relatively low circulation could contribute to increased volatility [1].

Despite its recent rally, MemeCore’s price remains significantly below its all-time high of $0.9695, set earlier in its history. The token’s 60-day and 90-day price changes show a dramatic increase of 4,445.40%, indicating strong long-term growth momentum. However, the broader cryptocurrency market has faced headwinds in recent weeks, with

Bitcoin
and
Ethereum
both experiencing downward trends, potentially affecting MemeCore’s performance through broader market sentiment [1].

The skepticism surrounding MemeCore’s futures market reflects the cautious outlook among traders. While the token has benefited from speculative interest and community-driven virality—positioned as the first Layer 1 blockchain for Meme 2.0—these factors have yet to translate into strong futures activity. Futures trading data suggests that open interest and leverage positions remain relatively low compared to more established assets, which could limit the token’s ability to sustain its recent price gains without broader adoption [1].

MemeCore’s tokenomics and broader utility model are central to its narrative as it positions itself as a platform for the “viral economy,” where both content virality and transaction volume are rewarded. The project has introduced a unique economic model designed to incentivize engagement and on-chain activity, potentially creating a self-sustaining ecosystem. However, market participants are watching for further developments in adoption, partnerships, and regulatory clarity, which could either bolster or undermine the token’s long-term viability [1].

Source: [1] MemeCore Price Today: Live M-to-USD (https://www.mexc.com/price/M)