btc

MemeCore's native token, M, has experienced a rapid surge, skyrocketing from near-zero to an all-time high of $1.69 in just a few weeks. The token is currently trading at $1.60, with a 24-hour activity of over $53 million.

*Key Factors Driving MemeCore's Price*

- *Community-focused tokenomics*: MemeCore's community-driven approach and Proof of Meme consensus have attracted momentum traders.

- *Marketing efforts*: The project's events and marketing initiatives have boosted social engagement.

*Price Predictions and Sentiment*

- *Short-term forecast*: Current predictions suggest MemeCore's price may fall 23% to $1.19 by October 5, 2025.

- *Long-term forecast*: Some forecasts indicate MemeCore could reach $2 if it maintains support above $1, while others predict potential lows of $0.40-$0.50 if the $1 support breaks.

*Technical Analysis*

- *Resistance levels*: MemeCore has broken resistance levels since mid-August and is positioned for a potential quick reversal.

- *Momentum indicators*: The RSI has reached high overbought levels, and momentum indicators are parabolic, suggesting the run may be prolonged [3].