MemeCore (M) fluctuates 65.1% in 24 hours: Hard fork upgrade and trading volume surge drive pump
Bitget Pulse2026/03/26 02:54Volatility Brief
In the past 24 hours, MemeCore (M) price pumped from a low of $1.70 to a high of $2.806, currently quoted at $2.411, with a fluctuation range of 65.1% and an overall increase of around 39-42%. 24-hour trading volume surged to approximately $30.93 million, up 105.69% from the previous period.
Brief Analysis of Abnormal Fluctuations
• Hard fork upgrade launched: MemeCore hard fork activated Account Abstraction and Gas reduction features, directly improving user experience and reducing transaction costs, pushing the price to pump rapidly from $1.70.
• Trading activity explosion: 24-hour trading volume soared 515.3% to 518,000 transactions, open interest (OI) grew by 18.7%, significant capital inflow was observed, accompanied by signs of short squeeze.
Market Views and Outlook
Community sentiment is mixed, CoinGecko shows 47% bearish sentiment; mainstream opinions on X platform are split, with half calling to "buy the dip," while the other half considers it a "liquidity exit" and warns of a pullback. Santiment points out this is a speculative pump influenced by BTC sideways movement. Price needs to break through the $3 resistance in the future; otherwise, it faces a risk of a correction at higher levels.
Note: This analysis is automatically generated by AI based on public data and on-chain monitoring, for informational reference only.Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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