Overview
- MemeCore, which spiked roughly 40% Thursday to about $2.31, lifted its market value above $3 billion according to CoinMarketCap.
- CoinGlass shows futures trading near $85.7 million against roughly $2.21 million on spot, a futures-to-spot skew above 38 to 1 that points to a leverage-led surge.
- Trading picked up across venues, with combined spot and derivatives activity topping about $40 million, while open interest, which tracks active futures bets, jumped about 114% to roughly $81.6 million.
- Earlier exchange data flagged thin spot liquidity compared with the headline valuation, and CoinMarketCap lists a circulating supply near 1.3 billion and a fully diluted value around $24.1 billion, a setup that can swing quickly when leverage is high.
- The move fits a broader rebound in meme tokens in early 2026, with sector value up about 20% to 23%, placing MemeCore in a volatile niche alongside community-driven coins like PEPE and BONK on BNB Chain.