💀 MemeCore holds strong after an explosive week: +65% within the week
$M isn't just riding the meme wave - it's shaping it. After exploding earlier this week, the token behind the world’s first meme-native Layer-1 is holding strong with a 64.91% gain over the past 7 days.
🟣 The coin broke out of a tight trading range, peaking at $0.55 before easing back amid some profit-taking. Despite the dip, $M continues to trade above key support levels, including its 20-day EMA - a sign that bulls may not be done just yet.
Built on its own Layer-1 and powered by a "Proof of Meme" consensus, MemeCore rewards viral on-chain content and fuels a meme-native crypto economy. With cross-chain support, Ethereum tooling and a burn mechanism reducing supply, $M is moving from meme to mechanism - with the architecture to back it.
📈 Personally, I will hold long as long as we stay above $0.48 - structure's still bullish for me. Price looks like it's gearing up for another leg up, and lower volume after the pump = perfect time to reload:
Entry 1: ~$0.52 (support retest + 20EMA)
Entry 2: $0.48-0.49 (deeper pullback)
TP1: $0.555
TP2: $0.585-0.590
SL: $0.469
