MemeCore price has dropped 9% in the last 24 hours, extending total losses to nearly 50% from September highs.
However, analysts say the MemeCore price prediction indicators point toward a rebound before year-end.
“Meme 2.0” Blockchain Infrastructure
MemeCore operates as a Layer 1 blockchain centered on the “Meme 2.0” concept, aiming to evolve meme coins from short-term speculative vehicles into sustainable, community-powered assets.
Beyond functioning as another digital gambling token, MemeCore provides infrastructure enabling creators, communities, and brands to tokenize and monetize memes directly on-chain.
MemeCore establishes itself as a convergence point where humor, creativity, and decentralized finance meet.
The $M token facilitates transactions, ecosystem incentives, and governance, synchronizing user participation with network expansion.
The blockchain employs a “Proof of Meme” (PoM) consensus mechanism that rewards creators, validators, and users of meme coins.
MemeCore is now approaching a $3 billion market capitalization while maintaining above $1.50 despite recent declines.
This momentum shows no signs of slowing down as chart patterns point to a potential rebound heading into Christmas.
Memecore Price Prediction: $1.70 Support Critical for Recovery
This 4-hour chart shows MemeCore in a recovery phase after a sharp capitulation move, but momentum has clearly slowed as price runs into overhead supply.
The rebound from the $1.22 base was strong and impulsive, indicating aggressive dip-buying and short covering, yet that rally stalled just below the $1.95 area, which now stands out as a well-defined overhead resistance.
Since failing there, price has rolled over and is consolidating below the critical $1.70 support, a level that has flipped from demand to a key make-or-break zone.
Source: TradingViewRSI has cooled into the mid-30s to low-40s range, reflecting fading buying pressure without yet signaling extreme oversold conditions.
This implies consolidation or further downside is still possible before a sustainable bounce develops.
As long as $1.70 is reclaimed quickly, the broader recovery structure from $1.22 can stay intact, leaving room for another attempt toward $1.95–$2.00 resistance.
However, failure to hold this zone increases the probability of a deeper retracement, with $1.22 acting as the next major downside magnet where stronger demand previously stepped in.
Pepenode Offers Early Access to Memecoin Season 2.0
MemeCore recovery above the $1.90 resistance level could trigger a memecoin season 2.0 rally that would benefit early-stage meme coins like Pepenode (PEPENODE).
Pepenode is a new crypto project still in its presale round that’s already raised over $2.3 million despite the memecoin sector losing over 50% of its value year-to-date.
It’s a game where you can mine coins without needing expensive hardware setups.
You play the game in your web browser, set up virtual mining rigs, and upgrade your facilities to earn PEPENODE tokens.
Now that more people are investing in Pepenode’s mining rigs, the presale price is increasing every day.
To join the presale before the ongoing round sells out, go to the official Pepenode website and connect a crypto wallet like Best Wallet.
You can then buy PEPENODE tokens for $0.0012016 and pay with crypto using ETH or USDT, or use a bank card for fast payment.
Visit the Official Pepenode Website HereThe post MemeCore Price Prediction: Can the M Price Rebound Following a Sharp 9% Decline Overnight? appeared first on Cryptonews.
