Derived from AMBCrypto, MemeCore [M] has dropped 30% as $11.1 million in short bets flooded the market, according to CoinGlass. The OI-Weighted Funding Rate turned negative at -0.4946%, signaling extreme bearishness. Despite entering a key demand zone and showing a rise in investor optimism to 64%, the Parabolic SAR indicator suggests continued downward pressure, potentially pushing M toward $1.
MemeCore Plunges 30% Amid $11.1M Short Bet Inflows
AMBCryptoShare
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