Virtuals Protocol (VIRTUAL) and MemeCore (M) on the Move: What’s Behind Their Price Action?

2 hours ago by · 3 mins read

MemeCore (M) and Virtuals Protocol (VIRTUAL) both turned bullish today, posting double-digit gains backed by rising volumes.

MemeCore (M) and Virtuals Protocol VIRTUAL $1.24 24h volatility: 1.6% Market cap: $813.95 M Vol. 24h: $321.57 M have both posted strong gains in the past 24 hours as the Fear and Greed Index remains neutral, suggesting uncertainty in the market.

MemeCore surged 17% while VIRTUAL climbed 10.41%, with trading volumes rising by 46.35% and 159.1% respectively.

Why Is MemeCore Rallying?

The rally in MemeCore comes after Gate.io confirmed that it will list M for spot trading on September 9, 2025.

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.

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.

VIRTUAL Price Analysis: Another Rally Brewing?

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.

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