Memecore leads the weekly climb of cryptocurrencies
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At the weekly level, Memecore (m) has a rise greater than 50%.
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Days ago, it had been one of the cryptocurrencies that best resisted the general fall of the market.
Memecore (m) recorded a 50% increase in its price during the last week, from $ 0.31 to $ 0.47. Thus, it becomes the digital asset with the highest price increase in the last 7 days, within the Top 100 for market capitalization.
In the last month, Its growth was even more significant, with an increase of 126%consolidating itself as one of the most prominent cryptocurrencies in the current panorama.
M is memecore cryptocurrency, A layer 1 (L1) network compatible with the Ethereum Virtual Machine (EVM), specialized in the memecoins industry.
Several factors have promoted Memecore’s rise. Since its debut in July, the Token has gained visibility by quoting in exchanges recognized such as Binance, Kraken, Bitget, Bingx, HTX and hashkey, as cryptoics reported. This list has facilitated access to the asset, attracting new participants to the market.
In addition, the expectation generated by the Memex Liquidity Festival, an event organized by Memecore with an awards of 5.7 million dollars, had increased the activity around the Token. However, although the event was temporarily postponed, with details about its pending reprogramming, the interest of investors has not decreased.
On the other hand, an Airdrop campaign in Binance Alpha has contributed to Memecore’s impulse. Binance Alpha is a platform within the Binance ecosystem that focuses on highlighting and offering early access to new cryptocurrency projects and in its initial stages with growth potential in web space.
In essence, It works as a tokens selection fund prior to its listing in the main binance exchangallowing users to discover and even operate with these tokens before they are widely available in the market.
The Airdrop was divided into two phases: in the first, users with at least 214 points in Binance Alpha could claim 1,000 tokens m; In the second, those with 140 points or more participated in order of arrival until the bottom or end the event. This strategy has strengthened the adoption of Token, encouraging participation in the network.
Despite its rapid growth, Memecore has demonstrated resilience against market fluctuations. Days ago, while other cryptocurrencies faced generalized falls for macroeconomic and political reasons, M maintained remarkable stability, which reinforces its attraction for investors.
