CryptoPM

MemeCore Is Pumping — But Is It Real This Time?

$M just jumped +23.4% in 24 hours, and if you're wondering why, you're not alone.

It’s not just “memecoin season.”

There’s a festival coming. Literally.

🪩 The MemeX Liquidity Festival — August 4.

Yeah, that’s a thing.

And apparently, people are buying $M to position for it.

Incentives, rewards, exchange events… the whole Web3 checklist.

$564K flowed into CEXs between July 15–17

85% of all volume is still retail-driven, mostly on BSC

Even after liquidations, the long/short ratio is still bullish

That’s not nothing.

🧩 Then there’s the exchange hype machine:

New listings on BitMart and LBank

8 exchanges have added $M pairs since July 3

Binance Alpha trading event basically doubled volume last week

And maybe this is just how these narratives build in 2025 — a mix of liquidity, contests, timing, and just enough tech signals to call it “a setup.”

📉 Technicals?

Honestly, the chart was bleeding in July. Down 27%. RSI tanked.

But now?

RSI bounced from 42 to 62

Volume/MarketCap ratio is 5.7% — well above the sector

CMF flipped from ugly red to “less bad”

It looks like a bottom.

Or at least a believable one

💭 But here’s the real question:

What happens after the festival?

After the giveaways, after the CEX tweets stop?

Because 85% of volume on BSC + validator centralization = not great long-term signs.

We’ve seen this movie before. Many times.

Still… momentum is momentum.

If you're in, you're early.

If you're not — maybe wait to see if the bounce holds after August 4.

What’s your take — temporary hype or real shift for $M?

#Meme Alpha# #Meme #Altcoin Season#