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MemeCore surges 35% on derivatives-driven momentum but faces sell-off risks.

Market News
20 Sep 2026
AMBCrypto
View Source
Bullish
MemeCore surges 35% on derivatives-driven momentum but faces sell-off risks.

MemeCore (M) has surged 35%, breaking past $1.70 to reach a two-month high of $1.77, driven by increased derivatives activity and strong trader interest. Despite this momentum, significant sell-side pressure is causing outflows in both Futures and Spot markets, raising concerns about the sustainability of the uptrend. Momentum indicators like RSI and TSI suggest the bullish trend may continue if capital inflows persist, with potential to reach $2. However, ongoing profit-taking could push the price back down to $1.20, highlighting the risk of a pullback despite recent gains.

MemeCore's recent 35% surge sets a striking backdrop for this market update. For readers following cryptocurrency trends, here is Pluang's market snapshot as of Sep 20, 2026 20:01 WIB: Among 50 major cryptocurrencies priced on Pluang, 10 rose and 39 fell today. Notable movers include ZIL (Zilliqa) at Rp63 with a 7.60% increase and a typical hold time of 132 days, ALGO (Algorand) at Rp1.856 up 5.39% with 83% buy order activity, and AAVE (Aave) at Rp2.384.758 down 5.34% with 79% sell order activity.

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