MemeCore’s price surge is fueled by community hype and short squeezes, with resistance at $0.62-$0.77
The broader crypto market has been showing signs of weakness, with Bitcoin (BTC) price and Ethereum (ETH) price struggling under bearish pressure amid macro uncertainty and declining liquidity flows. While most top assets are consolidating or trending downward, two altcoins — MemeCore (M) and Mantle (MNT) — are defying the trend with impressive rallies. Their strong performance has caught the attention of traders seeking opportunities beyond the majors, highlighting how sector-specific momentum and unique catalysts can create pockets of strength even in uncertain markets.
MemeCore has become the latest meme-coin favourite, rallying over 50% in a week and breaking through multiple resistance levels. A key trigger was the MemeX Liquidity Festival, which drove community participation and attracted new trading volume on decentralized exchanges.
Adding fuel to the surge, derivatives data revealed that over $870,000 in short positions were liquidated, sparking a short squeeze. This forced buying pressure pushed the token above the $0.46-$0.47 range, with bulls now eyeing $0.62 as the next resistance.
From a technical perspective, MemeCore has broken above the descending trend line, suggesting a potential continuation toward $0.87 if momentum sustains. After the breakout, the price is experiencing a small correction, stuck at 0.382 FIB levels. The Stochastic RSI is rising and yet to enter the overbought zone. This suggests M price carries a potential to maintain a sustained upswing and reach 0.5 FIB at $0.56, which may further help the price to reach 0.618 FIB at $0.69 and 0.786 FIB at $0.87.
Unlike MemeCore’s retail-driven surge, Mantle’s rally appears rooted in stronger fundamentals. The token has gained over 70% in the past month, outpacing several Layer-2 rivals, and recently touched a seven-month high near $1.26.
The biggest catalysts include whale accumulation, exchange integrations, and Coinbase Futures listing. On-chain data shows large outflows from exchanges, a bullish signal that tokens are being moved to long-term wallets. Additionally, Mantle’s collaboration with Bybit introduced staking and yield products, expanding utility and liquidity depth.
Technically, Mantle price has broken above key moving averages, with momentum indicators signaling strong buyer demand. After rising over 100% in the past couple of weeks, the MNT price is about to test the neckline of the w-shaped pattern, with the bulls holding a strong grip over the rally. The token has risen over the Ichimoku cloud, with the levels undergoing a bullish crossover and the cloud turning bullish. This is a perfect bullish setup as the RSI is about to enter the overbought range. Therefore, if bulls maintain control, the next resistance lies near $1.40, while a breakout could pave the way for a run toward $2.00.
The recent surge in MemeCore highlights the power of hype-driven markets but also the risks of volatility. In contrast, Mantle’s rise appears better supported by on-chain strength, exchange expansion, and long-term adoption trends.
For traders, MemeCore offers short-term speculative opportunities, while Mantle presents a longer-term growth story within the Ethereum scaling ecosystem. As top assets like Bitcoin and Ethereum remain under pressure, these altcoins demonstrate how money can rotate into niche projects, offering selective opportunities even in bearish markets.
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