As the first Layer 1 blockchain dedicated to “Meme 2.0,” MemeCore is introducing what it calls the “viral economy,” a paradigm where meme coins evolve from speculative assets into cultural and economic forces.
Interestingly, alongside MemeCore, Gate.io also announced the listing of Linea (LINEA) with spot trading beginning on Wednesday.
MemeCore Price Analysis: What’s Next?
MemeCore has been consolidating its rally around the $2.05 mark after briefly touching the upper Bollinger Band near $2.10.
The Relative Strength Index (RSI) at 62.52 suggests that while momentum is strong, the token is not yet in extreme overbought territory, allowing room for further upside.
M price action with momentum indicators. | Source: TradingView
If M holds above $1.89 support, it could retest resistance near $2.10, with a breakout potentially opening the path toward $2.50.
Conversely, a breakdown below $1.89 could trigger a pullback toward $1.67.
Virtuals Protocol Website Is Back Online
Virtuals Protocol, meanwhile, turned bullish after reassuring its community about platform security.
Security Maintenance: All Virtuals Protocol websites are undergoing temporary maintenance while we run a full security scan and upgrade protective measures.
This is a proactive step to ensure the Virtuals ecosystem remains bulletproof safe, with system integrity and resilience… https://t.co/zYbJbqh71f
The team carried out a proactive security scan and maintenance across its ecosystem following reports of compromised npm packages in a supply chain attack elsewhere in the industry.
After confirming zero vulnerabilities, Virtuals Protocol declared its systems safe and fully operational, boosting sentiment among holders and traders.
Security Maintenance Complete
All Virtuals Protocol websites are now back online. After completing a full security scan and upgrade cycle, we have confirmed that Virtuals Protocol carries zero risk or vulnerabilities related to the reported attack.
The 3-hour chart for VIRTUAL shows a breakout from a descending channel on the 3-hour time frame, with the price pushing above the upper trendline.
VIRTUAL price breaking out of descending triangle. | Source: TradingView
The Chaikin Money Flow (CMF) indicator is currently at 0.26, indicating a positive money flow and suggesting that buying pressure may be building.
Despite this, the Accumulation/Distribution indicator shows a negative value of -895.727M, which shows a history of selling pressure.
The Choppiness Index, at 28.26, points to a relatively low level of market choppiness, hinting that a clearer trend may be forming, making VIRTUAL as potentially the next crypto to explode.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.