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Memecoins rally as MemeCore jumps 11.2% amid sector-wide rebound and rising demand.

Market News
27 Jul 2026
AMBCrypto
View Source
Bullish
pluang ai news

Memecoins saw a sector-wide rebound with the market cap rising 8% to $23 billion and trading volume up 77% to $2.85 billion. MemeCore (M) led the recovery, climbing 11.2% to around $1.32 after holding support at $1.1. Increased trader interest was evident from a 9.4% rise in Open Interest and a bullish Long/Short Ratio above 1, signaling optimism. Momentum indicators like RSI and EMA suggest short-term strength, but a failure to sustain gains could lead to a pullback to $1.1. The rally reflects renewed capital rotation and speculative demand in the memecoin sector.

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