MemeCore rises 35% to two-month high of $1.77

  • MemeCore surged 35% and reached a two-month high of $1.77.
  • MemeCore broke above $1.70 during the rally.
  • Sell-side pressure caused outflows in futures markets.

MemeCore (M) surged 35% to a two-month high of $1.77 after breaking above $1.70, extending beyond its previously reported $1.70 trading level. Increased derivatives activity and trader interest accompanied the advance, while substantial sell-side pressure contributed to outflows in futures markets.

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