MemeCore (M) resisted the broader crypto market correction among meme coins, gaining 25% in a day and reaching a 10-day high. Its price briefly exceeded $0.95 before retreating to $0.91, while its market capitalization surpassed $2 billion, allowing it to overtake PEPE, which is valued at approximately $1.8 billion. MemeCore’s team announced that liquidity had been migrated to LayerZero, which now handles all bridging. Analyst Crypto With Gopal said that holding above $0.85 could open the way to $0.96 and potentially $1.00, but M’s relative strength index reached 90, indicating an overextended rise and the risk of a short-term correction.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
