MemeCore Soars as Bitcoin Tries to Hold $111

• MemeCore rises over 200% in a week
• Bitcoin struggles to hold above $111
• Cryptocurrency market stagnant at $3,91 trillion

The weekend brought new price movements to the cryptocurrency market, with Bitcoin (BTC) attempting to sustain the $111 range after selling pressure and large-scale liquidations. While the leading cryptocurrency faces resistance, some altcoins remain in the spotlight, especially MemeCore (M), which continues to attract attention with significant gains.

On Friday, Bitcoin rose as high as $113.500 after weaker US jobs data, but quickly gave back nearly all of its gains, falling back to around $110.400. This move resulted in over $300 million in liquidations. Since then, BTC has stabilized around $111, maintaining a market cap of approximately $2,2 trillion and a 56,5% dominance over other cryptocurrencies.

The asset tested lows near $107.100 on September 1st, after being rejected by bears while attempting to consolidate in the $113.500 region. Despite recovery attempts in the following days, the gains were contained by further selling.

Among altcoins, MemeCore (M) has solidified its position as a key player during this period. The token has appreciated 14% in the last 24 hours alone and has accumulated a 200% increase since the previous Saturday, reaching a price of US$1,57 and a market capitalization of over US$2,6 billion. This accelerated performance places M among the top 100 digital assets in the market, reinforcing its role as one of the leading rising cryptocurrencies.

ENA also continued the positive trend, rising 13% to $0,73. HYPE rose over 4,5%, and PUMP advanced 10% in the same period. Other large-cap altcoins, such as CRO and BCH, showed modest gains, while most remained stable compared to the previous day.

The total market value of cryptocurrencies remains at around US$3,91 trillion, indicating a period of general consolidation, even in the face of strong individual fluctuations in some tokens.