MemeCore Surges 17% and Virtuals Protocol Rises 10.41%
MemeCore (M) and Virtuals Protocol (#VIRTUAL) have seen significant price increases in the last 24 hours, with the market exhibiting uncertainty as indicated by the Fear and Greed Index.
- MemeCore surged 17%
- Virtuals Protocol climbed 10.41%
- Trading volumes increased by 46.35% for M and 159.1% for VIRTUAL
Reasons for Price Movements
MemeCore's rally follows an announcement from Gate.io confirming its listing for spot trading on September 9, 2025.
As a Layer 1 blockchain focused on “Meme 2.0,” MemeCore aims to transform meme coins into cultural and economic forces.
Additionally, Gate.io announced the listing of Linea (LINEA) set to begin spot trading on Wednesday.
MemeCore Price Analysis
- MemeCore consolidating around $2.05
- Resistance near $2.10; potential breakout towards $2.50
- Support at $1.89; breakdown could lead to a pullback towards $1.67
M price action with momentum indicators.
Virtuals Protocol Security Update
Virtuals Protocol experienced a price increase following a security maintenance update that reassured users about platform safety.
- The team conducted security scans due to external vulnerabilities reported in the industry
- No vulnerabilities were found, leading to community confidence
VIRTUAL price breaking out of descending triangle.
VIRTUAL Price Analysis
- Breakout observed from a descending channel on the 3-hour chart
- Chaikin Money Flow at 0.26 indicates positive buying pressure
- Accumulation/Distribution shows selling pressure with a negative value of -895.727M
- Choppiness Index at 28.26 suggests a clearer trend may be forming