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MemeCore (M) Explodes by 400% in a Month: What Fuels the Massive Rally?

M’s triple-digit surge in the last 30 days could be attributed to MemeCore’s latest partnerships and other factors.

While some analysts expect further highs, technicals like the RSI above 85 suggest the asset may be overheated and vulnerable to a near-term correction.

MemeCore (M) – a meme coin that emerged earlier this summer – has become the latest sensation in the crypto market. Its price has skyrocketed by roughly 400% over the past month and earlier today (September 12) reached an all-time high of $2.23. M’s market capitalization has risen to a spectacular $3.7 billion, making it the fourth-largest meme coin and the 48th-biggest cryptocurrency. 

The impressive performance is likely a combination of several bullish factors, such as the excitement following the announcement of the MemeX Liquidity Festival. The event started on August 4 and will run until October 26, 2025. 

It is in the form of a competition and is designed to attract traders and liquidity providers, incentivizing their efforts with a total of $5.7 million in rewards. Additionally, the top M traders share $30,000 worth of the token each day during the campaign.

Those willing to participate need to follow three steps: sign up for MemeX, connect their wallets to start trading, and trade any meme coins on the platform.