Whales and FOMO Fuel MemeCore's $0.85 Surge—Can It Sustain the Hype?

MemeCore (M), a cryptocurrency associated with the meme coin ecosystem, has seen a significant price surge over the past week, with its value rising more than 100%. As of the latest data, the token is trading at approximately $0.85, with a market capitalization of over $1.4 billion, surpassing the rankings of established cryptocurrencies like XDC Network (XDC) and Pump.fun (PUMP) [1]. The surge has been attributed to a combination of factors, including strategic partnerships, whale accumulation, and increased liquidity events.

One of the key drivers of MemeCore's rally has been its recent partnership with D-Pump, a Web3 token launcher focused on meme culture and ecosystem-building. According to an announcement shared by D-Pump, the collaboration aims to enhance ecosystem interconnection, technical collaboration, and market expansion. This strategic move has drawn renewed interest from investors, contributing to the token's upward momentum [4].

In addition to the partnership, MemeCore's liquidity event, MemeX, has further boosted its price. The event, which offered rewards to traders and liquidity providers, injected approximately $5.7 million into the token's ecosystem, leading to a surge in accumulation from retail traders and triggering short-squeeze events [4]. According to Nansen data, whales have also played a significant role in supporting MemeCore's gains, with over 51.9 million tokens purchased last month. Such large-scale purchases have added upward price pressure and fueled FOMO (fear of missing out) among retail investors, further amplifying demand for the token [4].

From a technical analysis standpoint, MemeCore has confirmed a short-term golden cross on the daily chart, with the 20-day simple moving average crossing above the 50-day moving average [4]. Momentum indicators, including the MACD and RSI, suggest that bulls are in control, with the RSI currently at 80, indicating that the token may be in overbought territory and potentially due for a short-term pullback [4]. Analysts estimate the next significant upside target for MemeCore at $1.14, with a decisive break above this level potentially opening the door to further price discovery. However, if bullish momentum weakens, the token is expected to find support around $0.62, aligning with the 38.2% Fibonacci retracement level [4].

Despite the recent gains, MemeCore's price trajectory is not without risks. The overbought RSI suggests that a reversal could be imminent, and the market's current sentiment toward MemeCore remains mixed. Some price prediction models suggest a potential short-term decline, with one forecasting a 25.28% drop to $0.615926 by October 2, 2025 [2]. These models highlight the importance of monitoring both technical indicators and broader market dynamics to gauge future price movements accurately.

MemeCore's surge has also sparked discussions about its potential to become a long-term player in the meme coin space. While it currently holds a strong market position, the sustainability of its growth will depend on continued engagement from its community, strategic partnerships, and the overall health of the broader cryptocurrency market. Analysts remain cautious, noting that the meme coin sector is highly volatile and subject to rapid shifts in investor sentiment [1].

Source:

[1] Altcoin Season Goes Wild: MemeCore Rebounds 70% While ... (https://finance.yahoo.com/news/altcoin-season-goes-wild-memecore-155600134.html)

[2] MemeCore (M) Price Prediction 2025, 2026-2030 (https://coincodex.com/crypto/memecore/price-prediction/)

[3] MemeCore Price Rises 60% - Which Meme Coin Is Next To ... (https://en.cryptonomist.ch/2025/08/30/memecore-price-rises-60-which-meme-coin-is-next-to-explode/)

[4] MemeCore crypto rallies over 100% in a week, is a reversal looming? (https://crypto.news/memecore-crypto-rallies-over-100-in-a-week-is-a-reversal-looming/)