MemeCore (M) has exploded 22.9% in the past 24 hours, reaching $1.58 as of February 17, 2026, 4:37 AM UTC, marking one of the strongest single-day performances among top-50 cryptocurrencies.
The token’s price surged from a 24-hour low of $1.27 to a high of $1.58, representing a $0.29 gain that pushed its market capitalization to $2.75 billion. This positions MemeCore at rank #34 among all cryptocurrencies by market cap, with the token adding over $501 million in market value during the rally.
Trading Volume and Price Action
Trading volume for MemeCore reached $9.81 million over the 24-hour period, indicating strong market interest in the token’s price movement. The surge began gaining momentum with a 6.04% gain in just the past hour, suggesting accelerating bullish pressure.
The token is currently trading well below its all-time high of $2.96, reached on September 18, 2025, representing a 47.5% decline from peak levels. However, MemeCore has delivered extraordinary returns since its all-time low of $0.047 on July 4, 2025, representing a gain of more than 3,172%.
Market Position and Supply Metrics
With 1.74 billion tokens in circulating supply out of a total supply of 5.34 billion and a maximum supply capped at 10 billion tokens, MemeCore’s fully diluted valuation stands at $8.44 billion. This indicates significant room for supply expansion as more tokens enter circulation.
The 30-day performance shows a modest 2.95% gain, while the 7-day chart reflects a 6.77% increase, suggesting the current 24-hour surge represents a sharp deviation from recent trading patterns.
What This Means for Traders
The 22.9% single-day gain places MemeCore among the top performers in the cryptocurrency market for February 17. Traders should note the token’s volatility, with the 24-hour range from $1.27 to $1.58 representing a 24.4% swing.
The market cap increase of $501 million in 24 hours indicates substantial capital inflow, though trading volume relative to market cap remains modest at approximately 0.36%, suggesting the price movement may be driven by concentrated buying rather than broad market participation.
As of this publication, MemeCore continues to trade at $1.58, with market participants closely monitoring whether the rally can sustain momentum or faces resistance at current levels.
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About the Author: Ananya Melhotra
