Memecore is in the spotlight today as the token spiked by more than 21%, climbing to around $0.4594. Trading volume exploded by over 160%, making M one of the top gainers in the market. Let’s break down what’s fueling this rally, and what could happen next.
The biggest catalyst is the MemeX Liquidity Festival, set for August 4. Retail traders have been actively accumulating $M in anticipation of trading and liquidity provision rewards.
According to CoinMarketCap data, net inflows to centralized exchanges totaled $564,000 between July 15–17, while derivatives funding rates flipped positive, a clear sign of leveraged longs entering the market.
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This event-driven buying creates a temporary sense of scarcity for $M, which currently has a circulating supply of 1.58 billion tokens. With nearly 85% of trading volume concentrated on PancakeSwap (jayplayco), retail-driven FOMO has been amplifying price moves.
History shows that memecoins often rally ahead of major events, but these pumps tend to bring post-event volatility as early buyers take profits. For Memecore, much will depend on post-Festival metrics like total value locked (TVL) and participant turnout.
Memecore Derivatives Squeeze and Retail Dominance
The second factor behind today’s move is a short squeeze. Around $874,800 in short positions were liquidated in the past 24 hours, forcing bears to cover and accelerating upward momentum.
At the same time, retail remains firmly in control of the order books. PancakeSwap alone accounts for the majority of trading, making Memecore highly sensitive to retail sentiment swings. The Long/Short Ratio sits at a bullish 1.2, suggesting traders expect more upside.
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Still, structural concerns remain. Validator centralization, with 7 million $M required per node, is raising long-term questions about network stability, even if it doesn’t immediately affect price action.
In addition, the official Memecore account teased a massive party at Seoul’s Lotte World on September 23. The event promises “no boring pitch, no scripted panels, only fun and music all night.” This lighthearted marketing style resonates with the project’s meme identity, helping boost retail engagement right as liquidity is peaking.
HALLO MEME: RIDE UNTIL NEXT MORNINGTired of boring speeches?We’ve prepared the biggest and wildest fun EVER for you!Party Venue: Lotte World, Seoul Date & Time: Sep 23, 11:00 PMNo boring pitchNo script panelOnly fun and music all night dancing in the moonlight … https://t.co/g0r9jNzBV2 pic.twitter.com/bkHVN5Ft04
— MemeCore (@MemeCore_ORG) August 18, 2025
Memecore (M) Price Chart Analysis
Looking at the 4H chart, Memecore price has bounced sharply from the recent dip around $0.35 and is now holding above the 30-period EMA ($0.4186). Today’s candle shows a strong breakout with high volume, confirming renewed momentum.
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Image Source: TradingView.com
The RSI is climbing at 63.6, indicating bullish momentum but not yet in overbought territory, leaving room for another push higher. Immediate resistance is visible around $0.50–$0.52, where previous sellers stepped in. A clean break above this level could open the door toward $0.60.
On the downside, the EMA at $0.418 serves as first support, followed by the recent low near $0.35. Losing these levels would likely trigger another round of profit-taking.
For now, the Memecore price surge is being driven by a perfect storm of event anticipation, short liquidations, and community-driven hype. If momentum continues, short-term testing of the $0.50–$0.52 level appears to be on the cards. But as always with memecoins, short-term holders must watch out for post-event volatility and potential pullbacks when short-term hype wears off.
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The post Here’s Why Memecore (M) Price Is Pumping Today appeared first on CaptainAltcoin.
