MemeCore [M] Shows Potential Recovery Amid Mixed Crypto Market Movements This Week
![MemeCore [M] Shows Potential Recovery Amid Mixed Crypto Market Movements This Week](https://static.bitprismia.com/feature-images/CoinOtag/da945bec049040d24fa19dfb66a3ee98.webp?x-oss-process=image/resize,m_lfit,w_708,limit_0/quality,q_90/format,webp)
Main Idea
This week's crypto market saw MemeCore, Four, and Conflux lead sharp price gains, while Fartcoin, Bonk, and Virtuals Protocol experienced notable declines amid weak U.S. economic data and ETF outflows.
Key Points
1. MemeCore (M), Four (FORM), and Conflux (CFX) stood out with significant price recoveries, with MemeCore posting a 35%+ rally after recovering from a steep 50% decline since its ICO.
2. Fartcoin (FARTCOIN), Bonk (BONK), and Virtuals Protocol (VIRTUAL) faced notable declines, with Fartcoin dropping 29%, Bonk ending its five-week rally with a 24.6% pullback, and Virtuals Protocol falling 24%.
3. Memecoin volatility was driven by speculative trading and rapid shifts in investor sentiment, with technical indicators like MACD flips and RSI levels influencing market sentiment.
4. Weak U.S. jobs data and growing recession concerns pressured Bitcoin (BTC) below $113,700 and Ethereum (ETH) dropped over 5%.
5. ETF outflows and U.S. crypto policy updates contributed to investor sentiment amid economic uncertainty.
Description
Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! This week’s crypto
Latest News
- James Howells Shifts Focus from Lost 8,000 BTC to New DeFi Project Inspired by His Journey2025-08-05 20:28:09
- METAMASK TO INTRODUCE METAMASK USD STABLECOIN ISSUED BY STRIPE: GOV PROPOSAL2025-08-05 20:26:07
- Bitcoin’s Balanced Market Indicators Suggest Potential Breakout Amid Supply Constraints2025-08-05 20:21:37
- 21SHARES FILES AMENDED S-1 FOR POLKADOT TRUST2025-08-05 20:19:22
- Brazil’s House of Representatives Considers Bitcoin Reserve Bill Amid Mixed Reactions and Potential $15 Billion Investment2025-08-05 20:19:11