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MemeCore Surges 93% to Record High Amid Whale Accumulation
MemeCore Surges 93% to Record High Amid Whale Accumulation
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BTCCSquare news:
MemeCore rallied 93% to an all-time high of $1.10 before settling at $0.983, fueled by whale accumulation and surging derivatives activity. Trading volume spiked 198% to $43.9 million as market capitalization briefly touched $1.1 billion.
On-chain data reveals whales purchased 51.9 million tokens during the dip below $0.40, increasing top holder balances by 33%. The derivatives market mirrored the bullish sentiment, with open interest jumping 211% to $78 million and volume exploding 958% to $808 million.
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