MemeCore’s Wild Ride: Bulls, Bears, and a Dash of Nonsense 🚀💸

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Key Takeaways (Or Should We Say, Key Giggles?)

MemeCore, that mischievous little token, shot up to $2.55 before deciding, “Nah, let’s retrace a bit.” Spot buyers were all 😎, while Futures traders were like, “Bearish? You betcha!” with their negative Funding Rates.

Oh, MemeCore [M], you scamp! You rallied 12.2% to a shiny new all-time high of $2.55, only to shrug and settle at $2.53. Classic you! 🤪

Meanwhile, its market cap did a little jig, jumping 12.12% to $2.6 billion. That’s a lot of pocket money, eh? 💰

But what sparked this sudden burst of energy? 🧐

Retail Buyers: The Heroes We Didn’t Know We Needed

On the 13th of September, the sellers were having a grand old time until the retail buyers swooped in like a flock of overeager pigeons. 🕊️

Coinalyze says MemeCore saw 82.45k in Buy Volume vs. 65.11k in Sell Volume. That’s a Buy Sell Delta of 17.3k-basically, everyone was like, “Gimme, gimme, gimme!” 🤑

Even the exchanges were like, “Yep, we see you.” CoinGlass data showed Spot Netflow went from “Yay!” to “Nay!”-dropping to -82k from +16k. Accumulation, anyone? 🛒

And just like that, the stage was set for a bullish party. 🎉

Futures Market: The Grumpy Cat of Trading

But oh, the Futures market! Always the skeptic, never the optimist. While Spot was dancing, Futures was sitting in the corner, arms crossed, muttering, “This won’t last.” 😒

MemeCore saw $109.49 million in inflows vs. $106.33 million in outflows, leaving a measly $3.16 million in Futures Netflow. That’s a 69% decline-nice. 😏

And the Funding Rates? Negative, of course. Coinalyze says -0.055, Predicted at -0.0134. Bears were having a field day. 🐻

Long/Short Ratio? 0.57. Shorts at 63.5%, longs at 36.5%. Basically, everyone was betting on a tumble. 🤸‍♂️

Can the Bulls Keep the Party Going? 🎈

AMBCrypto’s analysis says MemeCore’s rally was all speculative spot demand, while bears were busy shorting in futures. Short squeeze, anyone? 🍿

TradingView data shows a fragile uptrend. Stochastic RSI is below its signal at 60, and Relative Vigor Index is at 0.34 under its signal line. Not exactly a confidence booster. 😬

If things stay this way, MemeCore might face a steep correction to $2.1. Ouch. 😵

But hey, a bullish crossover on RVGI and Stochastic RSI could save the day and open the door to another all-time high. Fingers crossed! 🤞

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2025-09-14 15:18