MemeCoin MemeCore, ranked 94th by market capitalization, demonstrates renewed interest from speculators driven by several factors. The 24-hour trading volume has reached $52.1 million, with a market cap exceeding $693 million. Key events such as the MemeX Liquidity Festival, new exchange listings, and technical indicators contribute to the current surge.
MemeX Liquidity Festival as a Growth Catalyst
The MemeX Liquidity Festival, scheduled for August 4, 2025, is the main driver behind the current rally. Organizers have teased undisclosed rewards for participants, which has encouraged the accumulation of $M tokens and boosted trading activity across both centralized and decentralized exchanges. From July 15 to 17, over $564,000 in net inflows were registered to centralized exchanges, with 85% of trading volume driven by retail traders via PancakeSwap on BSC.
New Listings and Campaigns: Increased Exposure
Momentum has also been fueled by new listings and competitions across top-tier and mid-tier exchanges. The Binance Alpha trading competition from July 10 to 17 alone doubled trading volume to $146 million. BitMart and LBank joined on July 14, onboarding new $M pairs and attracting fresh retail participants. Leveraged trading options were also added on Bybit and Binance, opening doors to amplified directional bets.
Technical Analysis: Recovery After Drop
Technically, MemeCore is rebounding after a 27% drop on July 15, which brought the token down to the $0.39 Fibonacci retracement—a key support zone derived from its June–July rally. From there, $M bounced strongly, signaling a short-term trend reversal. Current indicators show renewed buying interest:
* **RSI (14-day):** 60.93, recovering from oversold conditions (42 on July 16) * **Volume/Market Cap ratio:** 7.5%, highlighting strong liquidity * **Upcoming resistance zones** include $0.50 and $0.61, the local high from July 11.
MemeCore's current trajectory is fueled by a compelling mix of event speculation, expanded accessibility, and chart-based recovery. The true test will come after the MemeX Liquidity Festival concludes. If user engagement persists, $M could evolve into a foundational memecoin token.
