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MemeCore jumps 25% on speculative demand but faces selling pressure and possible pullback.

Market News
05 May 2026
AMBCrypto
View Source
Neutral
pluang ai news

MemeCore memecoin surged 25% from $2.5 to $3.6 driven by increased speculative trading and futures market activity, with trading volume and market cap rising significantly. Despite this rebound, strong selling pressure and profit-taking have emerged, keeping the market structurally bearish. Technical indicators show buyers returning but sellers still dominant, suggesting the price may struggle to hold above $4 and could pull back toward $2.6. The memecoin's short-term outlook depends on whether speculative interest sustains momentum.

More News

Shipping traffic through Strait of Hormuz may take weeks to normalize despite US-Iran deal

Shipping traffic through Strait of Hormuz may take weeks to normalize despite US-Iran deal

After the US and Iran reached a deal expected to reopen the Strait of Hormuz, the world's largest tanker owner, Mitsui OSK Lines, cautions that shipping companies will wait for proof the agreement works before resuming normal traffic. The strait is c...

Market News
Neutral
12 minutes ago
YieldMax ETFs announce weekly distributions with varying rates and risks for investors.

YieldMax ETFs announce weekly distributions with varying rates and risks for investors.

YieldMax ETFs have announced their weekly distributions for Group 1 ETFs, with distribution rates ranging from about 25% to over 65%. These ETFs focus on option income strategies across sectors like semiconductors, AI, crypto, and metals. Investors s...

Company Fundamentals
Neutral
14 minutes ago
QTREX Quantum's AME technology hits 97% yield validation, boosting quantum computing prospects.

QTREX Quantum's AME technology hits 97% yield validation, boosting quantum computing prospects.

QTREX Quantum Ltd announced that its Additively Manufactured Electronics (AME) technology achieved a 97% yield validation at a major U.S. interconnect manufacturer. This milestone confirms the technology's readiness for high-demand production environ...

Market News
Bullish
35 minutes ago
Clean Energy expands LNG fueling systems in Puerto Rico to boost energy security for pharma and luxury sectors.

Clean Energy expands LNG fueling systems in Puerto Rico to boost energy security for pharma and luxury sectors.

Clean Energy Fuels Corp. secured contracts to design and install liquefied natural gas (LNG) fueling systems in Puerto Rico, supporting a pharmaceutical manufacturer and P.R. Energy Partners' luxury residential and hotel operations. These projects wi...

Market News
Bullish
39 minutes ago
Epson launches WorkForce Enterprise AM-C10000, a 100 ppm color printer for high-volume offices and print shops.

Epson launches WorkForce Enterprise AM-C10000, a 100 ppm color printer for high-volume offices and print shops.

Epson introduced the WorkForce Enterprise AM-C10000, a high-speed color multifunction printer capable of printing 100 ISO pages per minute, designed for busy offices and print services requiring precise color control. It supports heavy workloads with...

Others
Bullish
54 minutes ago
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