Best Low Cap Meme Coin?

MemeCore describes itself as an L2 blockchain specifically designed for Meme 2.0, which, according to the official website, is a new niche of memes that focus on 2D, metaversal worlds.

Thanks to its focus on nostalgia, the MemeCore price climbed the charts quickly as soon as it arrived, peaking closer to $1 before a correction.

Given the bullish nature of the current market, people have been asking whether MemeCore could be the best low cap meme coin to buy right now.

What is MemeCore?

Even though the word “meme” is integrated into the name, MemeCore does not express itself as a meme coin. What it does focus on, however, is offering a “core” ecosystem for more memes to be created within its framework.

The ecosystem itself focuses on multiple aspects, all geared towards giving the project long-term upsides and moving meme assets away from being just speculative.

Here is a brief look into MemeCore’s core systems:

MemeX

MemeX is a SocialFi tool, a meme-themed launchpad that lets users upload their photos, which can then be turned into memes. In essence, the project allows traders to create memes on the platform using simple tools. There are no technical skills needed, according to the claims, and all users need to do is upload the pics and “memefy” them.

PUPA

This system offers users an infrastructure to manage “fungible and non-fungible” MemeCore tokens. It also allows users to create their own projects on MemeCore and interact with those already created by other developers.

Everyswap

MemeCore has designed its own decentralized cryptocurrency exchange based on Uniswap 3. Using smart contracts, it creates liquidity pools for trade executions.

OKLINK

MemeCore has integrated the OKX explorer with its ecosystem, giving users access to over 50 public chains and on-chain data. Developers are also reportedly available at zero cost.

MemeCore Faucet

This utility reportedly lets traders test their $M tokens within the decentralized applications they have created. It acts as a demo tool, showing users a vision of how their dApp could perform in a real-world setting.

Central to the entire ecosystem is also the EcoFund, which is a grants service that MemeCore has created to help incubate innovative meme coin projects. Per the official website, it also gives users opportunities for funding, marketing, and recruitment, with networking and R&D also part of the equation.

MemeCore Price Analysis

Following its official launch on Bitget on July 3, MemeCore has made its way to other exchanges. Initial interest and a listing pump helped drive its value up, and by the time it peaked, early buyers had made a profit of over 2,100%.

What followed was a natural progression toward correction. Surprisingly, however, the project’s use cases helped the bulls continue supporting it. After the MemeCore price reached $0.32, it started to trade sideways.

The token is currently trading around the $0.37 mark, with its market cap being upwards of $580 million.

MemeCore Price Prediction: Is It the Best Meme Coin to Buy?

By all accounts, MemeCore’s performance since launch has been quite bullish. The project’s use cases are interesting, and considering the number of followers it has managed to gain, it will likely continue to generate buzz within the cryptocurrency community.

With that in mind, here are the forecasts for the MemeCore price in the short and long term.

Short-Term Price Prediction

The short-term price action for MemeCore could be quite bullish, provided it continues to keep its community engaged, and the bulls keep the price afloat. The meme coin trading competitions and unique “Earn” seasons are keeping the conversation around this asset going. If that continues, chances are high for the MemeCore price to move up further.

Long-Term Price Prediction

While MemeCore’s focus on ensuring that meme coins aren’t strictly beholden to speculation is commendable, the reality is that community sentiment matters. In the long term, despite how utility-centric the project is, users will likely focus on how viral the project becomes. 

Thankfully, the 2D-style aesthetic that it has adopted could help it survive. If the community continues to support it, the MemeCore price may likely see another surge that could push its value to new highs by the middle of next year.

But if community interest starts to wane, the price may drop.

This Alternative Meme Coin Also Has Massive Upsides

MemeCore’s theme of portraying itself as more than just a meme coin is also mirrored by another project, Bitcoin Hyper.

This meme crypto is powering the first L2 scaling solution for Bitcoin, aiming to make the existing Bitcoin network more efficient and scalable.

Equipped with integrations such as the Lightning Network, Solana Virtual Machine, and a Canonical Bridge, Bitcoin Hyper sets the tone for what the Bitcoin network could become.

If the project is successfully able to make the existing network capable of handling smart contracts, Bitcoin could become a crypto powering unique decentralized applications.

Furthermore, despite putting on a utility-centric face, Bitcoin Hyper also continues to focus on memes, with a Pepe wearing a superhero costume as its mascot.

This dual approach could help it gain more of a following. And the fact that it has already raised close to $5 million is a testament to the community’s interest in it.

Up-and-coming crypto analyst Altcoin Hero has recently discussed this project, highlighting its upsides and stating that it could have 10x potential.

Visit Bitcoin Hyper

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