MemeCore (M) fluctuated 47.3% in 24 hours: Meme coin sector rotation and 137% surge in trading volume drive movement
Bitget Pulse2026/04/18 22:03Volatility Brief
In the past 24 hours, the price of M rebounded from a low of $3.205696 to a high of $4.72139, with the current quoted price at $3.624224, resulting in a total fluctuation amplitude of 47.3%. Trading volume surged by 137% to $26.4 million, indicating a rapid influx of speculative capital.
Analysis of Abnormal Movements
• meme coin sector rotation: Capital shifted from mainstream coins to narrative-based meme coins, driving up high-beta assets like M.
• Massive increase in trading volume: 24-hour trading volume reached $26.4 million, up 137% from previous periods, dominated by pure speculative momentum.
No official announcements or clear records of significant on-chain whale movements within the past 24 hours.
Market Views and Outlook
Community sentiment is optimistic, viewing meme coins as a sign of a recovery in risk appetite. While major coins remain flat, the small and mid-cap coins are active. X platform discussions are focusing on the revival of narratives and liquidity rotation; short-term volatility may persist, with caution advised for potential market corrections.
Note: This analysis is automatically generated by AI based on publicly available data and on-chain monitoring, for informational reference only.Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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