MemeCore Price Soars: What’s Driving the Recent Pump?

MemeCore tokens are experiencing a notable price surge, currently trading around $1.01 and up over 17% in just a few hours. This puts MemeCore at the top of market gainers today, but surprisingly, trading volume has dropped by 16% amidst this rapid climb. So what’s behind this pump? The ongoing MemeX Liquidity Festival is a major driver. Launched on August 4th, the festival offers incentives for traders and liquidity providers, echoing a similar campaign in July that led to a dramatic 598% price jump. It appears traders are already front-running these familiar strategies.