Weekend Outlook: MemeCore Climbs Double-Digits while Bitcoin Faces Challenges at $111K
In the dynamic world of cryptocurrencies, the past few days have seen significant movements in the market.
Bitcoin, the largest digital asset, experienced a surge toward $113,500 following a weak jobs report in the US on Friday. However, the bull run was short-lived as selling pressure halted the price at $113,500, causing it to fall to $107,500. Another rejection followed, pushing Bitcoin down to $109,000, resulting in over $300 million in liquidations. Despite these fluctuations, Bitcoin's market cap remains impressive, sitting at just over $2.2 trillion on CoinGecko.
Meanwhile, Bitcoin's dominance over the altcoins remains steady at 56.5%. Larger-cap altcoins have struggled to post any significant gains, with the exception of HYPE and ENA. HYPE has seen a rise of 4.5%, while ENA has surged by 13%, taking it to $0.73. CRO and BCH are slightly in the green.
The most striking development, however, comes from MemeCore. After a strong rally since late August 2025 that saw over a 175% increase in a week, MemeCore achieved its last significant high growth of around 14% within the last 24 hours before reaching a new all-time high at about $1.17. This rapid growth has pushed MemeCore's market cap over $1.18 billion. Despite the natural market consolidation after a rapid price surge, MemeCore has continued to perform well, and is currently trading at $1.57 with a market cap of over $2.6 billion. In a few days, MemeCore has even entered the top 100 digital assets.
Despite the market cap of the total cryptocurrency market stalling at $3.910 trillion on CoinGecko, it's clear that the cryptocurrency market continues to be a space of significant growth and potential. As always, investors are advised to approach the market with caution and make informed decisions based on their own research.
