MemeCore ($M) has posted a sharp 24.8% price rally, climbing to $0.4390 with weekly gains nearing 33%, as anticipation builds for its August 4 Liquidity Festival.
Ranked #94 by market cap, the memecoin is drawing fresh speculative interest on the back of a well-timed event campaign, a wave of new exchange listings, and a technical rebound from key support levels. Notably, 24-hour trading volume spiked to $52.1 million, with its market cap now exceeding $693 million, according to CoinMarketCap.
MemeX Liquidity Festival Drives Anticipation
The leading catalyst behind the current rally is the MemeX Liquidity Festival, scheduled for August 4, 2025. Organizers have teased undisclosed rewards for on-chain participants, encouraging accumulation of $M tokens and boosting trading activity across both centralized and decentralized exchanges. Between July 15–17, over $564,000 in net inflows were registered to CEXs, while 85% of trading volume remained retail-driven via PancakeSwap on BSC.
With positive funding rates (+0.0094) holding steady despite recent volatility, sentiment among derivatives traders has remained broadly bullish. The mystery around festival rewards is further fueling a “buy the rumor” narrative.
Exchange Listings and Campaigns Amplify Exposure
Momentum has also been fueled by new listings and competitions across top-tier and mid-tier exchanges. The Binance Alpha trading competition (July 10–17) alone doubled trading volume to $146 millio. BitMart and LBank joined the party 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.
These moves have significantly expanded $M’s reach and liquidity, contributing to the current rally’s strength.
Technical Rebound From July Crash
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 (23.6% retracement) and $0.61, the local high from July 11
These metrics support the idea that $M has regained short-term momentum and may be gearing for a breakout—provided it can overcome profit-taking pressure post-August 4.
Conclusion: Festival Hype or Structural Meme Momentum?
MemeCore’s current trajectory is fueled by a compelling mix of event speculation, expanded accessibility, and chart-based recovery. But the true test will come after the MemeX Liquidity Festival concludes. If user engagement persists beyond the catalyst, $M could evolve from a trading play into a foundational meme infrastructure token. Otherwise, a classic “sell the news” scenario may unfold.
Whether MemeCore becomes the next lasting player in memecoin architecture—or fizzles post-festival—will depend on sustained volume, community activity, and how well it builds on its Binance Smart Chain base.
The information provided in this article is for informational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
Alexander Zdravkov
Reporter at Coindoo
Alexander Zdravkov is a person who always looks for the logic behind things. He is fluent in German and has more than 3 years of experience in the crypto space, where he skillfully identifies new trends in the world of digital currencies. Whether providing in-depth analysis or daily reports on all topics, his deep understanding and enthusiasm for what he does make him a valuable member of the team.
Source: https://coindoo.com/memecore-price-surges-25-today-despite-market-decline-here-is-why/