MemeCore (M) Rebounds on Regulatory Optimism and Market Recovery
MemeCore surged 15% on Monday from $1.19, holding above the 200-day EMA at $1.46, marking a significant recovery for the meme coin. The rebound was driven by the White House meeting on the crypto market structure bill on Monday, which boosted broader cryptocurrency sentiment.
Price Performance and Technical Outlook
MemeCore retraced by 1% at press time on Tuesday, holding above the 200-day EMA at $1.46. The meme coin shows easing selling pressure, with the MACD indicating a potential crossover and the RSI rebounding to 47 in the neutral region.
An extended recovery in the meme coin could run into resistance at the 23.6% Fibonacci retracement level at $1.62, measured from the $3.02 peak on November 7 to the $1.19 low on November 27.
Strategic Developments and Roadmap
MemeCore partnered with crypto payment gateway Alchemy Pay to integrate $M into its fiat on-ramp, allowing direct purchases using credit cards and mobile wallets. The integration is bullish for $M adoption, particularly in retail-heavy markets like Southeast Asia.
MemeCore's 2026 roadmap includes MemeX Ecosystem Expansion—broadening Proof-of-Meme rewards to more tokens—and Asia Market Entry through launching in Japan and Singapore via partnerships.
Regulatory Expansion in South Korea
MemeCore aims to finalize its acquisition of a KOSDAQ-listed firm to secure Virtual Asset Service Provider (VASP) registration and ISMS certification in South Korea, which would enable direct KRW/$M trading pairs and localized dApps.
Market Sentiment
MemeCore has an average sentiment score of 4.5 out of 5 across all social media platforms, with people mostly bullish about MemeCore on Twitter.