MemeCore price rises 40% after hard fork; Can $M reach $3?


  • The $M MemeCore token jumped 40% in 24 hours to $2.39, pushing its market cap past $3 billion as the hard fork went into effect.
  • The upgrade brings account abstraction, enabling smarter, cheaper and more user-friendly transactions which strengthens the network’s position.
  • Aster DEX lists perpetual shares worth $1 million with leverage up to 50x and additional trading points which increases trading volume.

MemeCore price witnessed a massive technical and fundamental breakout despite uncertain Bitcoin price action. After successfully deploying a major network upgrade, its native token, $M, rose to $2.39, registering a 40% increase in just 24 hours.

With its market capitalization now exceeding the $3 billion threshold, MemeCore is more than just a speculative asset. The network is a Meme Chain (Layer1) that connects creators and communities through Memes and DApps.

Catalysts are rising prices

The primary driver behind the upside is the official launch of the MemeCore hard fork. According to the development team, the upgrade is now “officially live and stable,” marking a turning point in network efficiency.

The hard fork introduces Account Abstraction (AA), a cutting-edge upgrade that effectively hides the complexities of blockchain interaction from the end user. In practice, this allows for smarter transactions as the programmable logic within wallets allows for bundled and automated security features. Reduced costs due to improved gas efficiency make the Layer1 ecosystem one of the most cost-effective environments for high-frequency trading and coin minting. All the above factors are lowering the barrier to entry as the network positions itself to capture the retail wave.

Adding liquidity to the fire, Aster DEX Announce List of permanent contracts worth $1 million. Aster’s user base can trade MemeCore with up to 50x leverage, a move that significantly boosted the token’s 24-hour volume to $32.44 million. To further incentivize participation, Aster DEX is offering 1.2x trading points to $1 million traders through April 2.

MemeCore price chart analysis

The 15-minute price chart reveals a bull flag formation after a hard fork rally. After hitting a local high near $2.80, the price consolidated into a narrow wedge. Currently, $M price is trading at $2.30 and has found strong support at this level. With a 70% rise in the last 30 days, the price shows impressive growth on the monthly time frame, while the weekly gains stand at 23.59%.

MemeCore - 15-minute USDT chartMemeCore - 15-minute USDT chart
MemeCore – USDT (15 minute chart)

The technical structure indicates that M$ is currently absorbing “sell news” pressure well. The upward support line marked by the green trend line remains intact, indicating that as long as the price remains above $2.34, the path of least resistance remains skewed to the upside with a $3 target.

Editor’s note

The market is changing its perception of MemeCore as the combination of the viral nature of meme culture and intelligent infrastructure, such as Account Abstraction, gives… Project Mainstream appeal. While the upside is impressive, the volume to market cap ratio remains a metric to watch. With a trading volume of $32.44 million against a market cap of $3 billion, liquidity is concentrated. If $M can turn the $2.50 resistance into support, the psychological target of $3 becomes the next logical milestone.

With the hard fork matching the Aster DEX list and monthly growth of 70%, MemeCore is slowly attracting the attention of the community and institutional investors.

Read also: Monero ($XMR) has a price cap of $336 as the demand for privacy is more than double the price





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