M (MemeCore) 24-hour pump 18.06%

Gate News Bot news, September 2, according to CoinMarketCap data, as of the time of writing, M (MemeCore) is currently priced at $0.78, having risen 18.06% in the last 24 hours, with a peak of $0.88 and a low of $0.41. The current market capitalization is approximately $815 million, an increase of $125 million compared to yesterday.

MemeCore is the first L1 blockchain specifically designed for Meme 2.0. It provides a dedicated ecosystem and development platform for Meme coins, aimed at promoting the innovation and development of Meme culture in the Web3 space.

MemeCore recent important news:

1️⃣ Gate launches M spot trading Gate will soon launch spot trading for M (MemeCore). As an L1 public chain focused on Meme 2.0, MemeCore's entry into mainstream trading platforms marks its broader market recognition, which is expected to enhance liquidity and trading volume.

2️⃣ Meme culture continues to heat up in the Web3 field With the recent active performance of Meme tokens such as TRUMP and WLFI, the influence of meme culture in the Web3 field continues to expand. As an infrastructure specifically built for Meme 2.0, MemeCore is expected to benefit from this trend, attracting more developers and projects.

3️⃣ Cross-chain ecosystem construction accelerates MemeCore is actively promoting cross-chain interoperability with other public chains to expand its ecosystem coverage. This initiative will provide broader development space for Meme projects while enhancing the utility and value of the M token.

From a technical perspective, M continues to maintain a strong rise after breaking through the $0.7 mark and may continue to test higher price levels in the short term. However, considering the high volatility of the Meme token market, investors still need to remain vigilant and pay attention to potential pullback risks.

This message is not to be taken as investment advice; investors should be aware of market volatility risks.