🚨 MARKET UPDATE: MemeCore jumps 23% as volatility stays elevated amid structural concerns
After earlier attention around supply concentration, $M has pushed up roughly 23%, bringing its market cap to about $5.58B (+22.6%).
Price action around the $4.3 area has been pretty aggressive, with sharp moves up and quick rejections a sign of liquidity grabs, short squeeze pressure, and possible distribution.
Overall, the move highlights how low-float conditions are still in play, where price is being driven more by liquidity dynamics than steady demand, keeping volatility high.