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MemeCore jumps 42% after $10M buyback plan, then drops 5% amid recovery doubts

Market News
04 Jul 2026
AMBCrypto
View Source
Neutral
pluang ai news

MemeCore surged over 42% after the Foundation announced a $10 million strategic buyback program to address a recent 85% price crash. Despite the initial rally, the altcoin fell more than 5% within 24 hours, reflecting ongoing market uncertainty. For a full recovery, MemeCore must reclaim key resistance levels above $1.93, but technical indicators show bears still have some control. Traders remain cautious due to concerns over the token's fundamentals and market conditions.

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