MemeCore [M] hit a new high of $2.48 – What will happen next?

MemeCore [M] hit an all-time high of $2.48, but then fell back to $2.21, driven by rising market trading volumes and bullish derivatives activity. Perpetual contract trading volume and financing rates indicate strong gains among investors, with overall market trading volume soaring 107% to $687 million. Despite the selling in the spot market, derivatives-driven momentum shows that if the overweight trend continues to rise, there is still potential for further growth in the future.