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Ahead of the weekend, the crypto market went on another downward trajectory, where major cryptocurrencies like Bitcoin ($BTC) price slumped. However, MemeCore (M), a native cryptocurrency for a first Layer 1 blockchain dedicated mainly to the “Meme 2.0” landscape, has jumped by over 5%, breaking its correlation with Bitcoin ($BTC).
The upward momentum in the cryptocurrency was seen after major developments like the hard fork and its recent listing on Aster.
According to CoinMarketCap, MemeCore ($M) has soared by over 9%, helping it to climb from $2.05 to $2.1. It holds a market capitalization of around $2.82 billion. However, its daily trading volume slumped by 42.77% and currently revolves around $18.43 million. On a weekly chart, the cryptocurrency has soared by over 30%.
What Fuels Growth in MemeCore Price?
The listing of MemeCore ($M) for a high leverage perpetual listing on Aster decentralized exchange has become a blessing in disguise, as it was struggling to break the consolidation zone since the beginning of this year, similar to Bitcoin ($BTC).
The MemeCore Hardfork is officially LIVE and STABLE!
Combined with our new Account Abstraction, your transactions aren’t just cheaper—they’re smarter!
Just sit back and enjoy the smooth, cheaper cost-effective ride in the MemeCore ecosystem!🚀 https://t.co/CHwMmOj9A8
— MemeCore (@MemeCore_M) March 25, 2026
Apart from this, the major network hardfork also went live on March 25. The upgrade was officially confirmed as “Live and Stable” by the MemeCore team. This upgrade is expected to cut down gas fees by 100 and introduce Account Abstraction (AA). It is likely to reduce gas fees from 1,500 gwei to just 15 gwei. The upgrade will make the transaction less costly.
The hard fork was the second and final phase of a two-phase upgrade series, which makes it compatible with the latest Ethereum Virtual Machine (EVM) features while cutting down costs and increasing scalability.
New perp listing! $M (Up to 50x) @MemeCore_M
Earn 1.2x trading points until Apr 2, 23:59 UTC.
🔗 https://t.co/b6NMhh3kP2 pic.twitter.com/9kKTiBpQeN— Aster 🥷 (@Aster_DEX) March 26, 2026
Apart from this, Aster DEX announced the listing of $M perpetual contracts with up to 50x leverage and a 1.2x trading points bonus running until April 2. This became a major factor to spark a rally in the cryptocurrency.
In the last 30 days, MemeCore (M) soared by around 50%, where it created a high of $2.45. At present, the cryptocurrency has a strong support zone at around $1.80 to $2.34 and resistance at around $2.63 to $3.00.
Technical indicators are giving a bullish signal as buyers are in control, including positive funding rates and accelerating buy-side momentum.
The cryptocurrency has witnessed an impressive run, where it surged over 100% in the last 10 days. The token broke out of a major consolidation phase and is now aiming for major overhead resistance levels around $2.50 to $2.63.
After approximately 4 months of sideways trading, the cryptocurrency has finally surpassed the equilibrium zone around the 0.5 Fibonacci retracement level. This indicator is showing the upward momentum in the cryptocurrency price into the upper resistance level, which is sparked by strong volume and overall positive market sentiment.
MemeCore (M) is a Layer 1 blockchain specially designed for Meme 2.0, which converts fun internet memes into real and economic assets beyond their temporary hype. Instead of short-term hype, it allows memecoins to get access to a wider community that helps them grow through on-chain activity.
The network is known for its EVM compatibility with cheap transactions. Its native token M is used for fees, staking, and governance.
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