The new meme coin MemeCore surged by 190% in a week, with a market cap exceeding $2 billion, reaching an all-time high.

A new meme coin called MemeCore (M) is causing waves in the cryptocurrency market. According to data from CoinGecko, MemeCore has risen by 22.2% in the past 24 hours, with a weekly increase of up to 190.7%, and a 14-day increase of 183.9%, while the increase over the past month has reached 132.8%. MemeCore (M) climbed to an all-time high of $1.20 earlier on September 4, 2025. Currently, the project's market cap has surpassed $2 billion, making it the 68th ranked cryptocurrency project by market cap.

Can MemeCore continue to surpass historical highs?

According to data from TradingView, the Relative Strength Index (RSI) of MemeCore (M) is close to 90, indicating that this meme coin has entered the overbought territory. This may suggest that MemeCore is about to face a pullback pressure. Investors may start to take profits and shift their funds to more stable assets.

Moreover, the cryptocurrency market seems to be entering a consolidation phase. Bitcoin (BTC) is currently struggling to break through the price level of $110,000, which may have a certain impact on MemeCore's performance. Market pressure might cause this asset to experience significant pullbacks.

Meme coins are often driven by speculative behavior and online discussions, and MemeCore may face a similar fate. Early investors may choose to cash out, while those who bought at high prices may incur losses.

CoinCodex analysts predict that the price of MemeCore (M) will decline in the coming days. The platform expects M to trade at $0.921269 on September 14, a decrease of about 23.86% from the current price level.

However, the likelihood of an interest rate cut by the Federal Reserve this month is high. If the rate cut is implemented, the cryptocurrency market may benefit from it, which could also provide some cushion for the price fluctuations of MemeCore. #memecore