Crypto Gainers: MemeCore, Pump.fun rally as World Liberty Financial struggles

Source Fxstreet
  • MemeCore hit an all-time high with a 34% jump on Thursday. 
  • Pump.fun token gains traction amid new creator fee model. 
  • World Liberty Financial token tanks below listing price on Binance. 

MemeCore (M), Pump.fun (PUMP) has outperformed the broader cryptocurrency market in the last 24 hours, while the US President Trump’s World Liberty Financial (WLFI) drops below its listing price on Binance. The technical outlook for the crypto gainers puts key resistance levels at focus, while the WLFI token struggles for a concrete ground. 

MemeCore hits record high 

MemeCore edges higher by 1% at press time on Friday, building on the 34% jump from the previous day. The uptrend in the meme coin has expanded for eight days, after reaching a record high of $1.50 on Thursday. 

The bullish run faces opposition at the $1.47 level, aligning with the R2 pivot level on the 4-hour chart. A decisive close above this level could stretch the uptrend to $1.81, aligning with the R3 pivot level.

The momentum indicators on the same chart indicate a bullish bias as the Moving Average Convergence Divergence (MACD) and its signal line extend the uptrend. Additionally, the Relative Strength Index (RSI) at 83 hovers into the overbought zone, indicating heightened buying pressure. 

M/USDT 4-hour price chart.

Looking down, MemeCore could retest the $1.13 support level, marked by the Saturday high, if the uptrend reverses on the downside. 

Pump.fun eyes further gains as bullish momentum builds

Pump.fun extends the uptrend for the fifth consecutive day, with a 2% surge so far on Friday. The launchpad token gains traction with the new creator fee model that has renewed interest in Solana-based meme coins. 

PUMP edges above the R2 pivot level at $0.004335, and a successful close above this could target the R3 pivot level at $0.004952. 

Adding to the upside chances, the MACD indicator displays an uptrend in the MACD and signal lines, indicating a steady bullish momentum. Still, the RSI at 67 remains volatile under the overbought boundary, posing a risk of potential reversal.

PUMP/USDT 4-hour price chart.

Looking down, a failure to keep buoyant above $0.004335 could dump the PUMP token to $0.003849. 

World Liberty Financial token risks further losses

World Liberty Financial token trades below $0.20, extending the downfall for the fourth consecutive day after reaching a record high of $0.47 on Monday. Despite the proposal to buy back and burn tokens with 100% of the WLFI treasury liquidity fees, the token fails to regain strength and has dropped below its listing price on Binance. 

WLFI token market data. Source: CoinMarketCap

The Etherscan data highlights 47 million WLFI tokens burned on Wednesday, while the declining trend has dropped the market capitalization of WLFI to $4.5 billion. 

As the declining trend continues, the WLFI token could risk further losses below the record low of $0.16 from the previous day.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
October hike odds climb toward 60% as Goldman and BofA both flip — what Warsh's "dose of accommodation" really changedRate futures now price roughly 55% to 62% for a 25bp hike at the October 27-28 FOMC, up from about 30% before Chair Warsh's post-meeting framing that the Fed is merely "removing some accommodation." Goldman Sachs has added an October hike to its forecast and Bank of America now sees moves in both October and December. Here is the repricing, the language behind it, and the two data points that decide it.
Author  Irene Q.
Sep 23, Wed
Rate futures now price roughly 55% to 62% for a 25bp hike at the October 27-28 FOMC, up from about 30% before Chair Warsh's post-meeting framing that the Fed is merely "removing some accommodation." Goldman Sachs has added an October hike to its forecast and Bank of America now sees moves in both October and December. Here is the repricing, the language behind it, and the two data points that decide it.
placeholder
【Daily Brief】30-year Treasury tops 5.59%, S&P 500 slips to 7,670 and gold holds $4,180 — PCE lands tonightThe 30-year Treasury yield closed at 5.59%, its highest since June 2002, and the Dow fell 131.59 points to 51,349.92. US consumer confidence dropped to 81.9, a 12-year low, and JOLTS job openings fell to 7.1 million. August PCE and Q3 GDP both land at 8:30am ET tonight.
Author  Suzie
Sep 30, Wed
The 30-year Treasury yield closed at 5.59%, its highest since June 2002, and the Dow fell 131.59 points to 51,349.92. US consumer confidence dropped to 81.9, a 12-year low, and JOLTS job openings fell to 7.1 million. August PCE and Q3 GDP both land at 8:30am ET tonight.
placeholder
Gold falls to near $4,150 as higher Treasury yields, oil prices outweigh softer PCE inflationGold price (XAU/USD) tumbles to near $4,150 during the early Asian session on Thursday, pressured by elevated US Treasury bond yields. Traders await the US September employment data for fresh impetus, which will be released later on Friday. 
Author  FXStreet
Oct 01, Thu
Gold price (XAU/USD) tumbles to near $4,150 during the early Asian session on Thursday, pressured by elevated US Treasury bond yields. Traders await the US September employment data for fresh impetus, which will be released later on Friday. 
placeholder
WTI Price Forecast: Dips to $91.50 as Middle East jitters limit lossesWest Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts some sellers during the Asian session on Friday, snapping a two-day winning streak and stalling the previous day's recovery from the vicinity of a nearly four-week low.
Author  FXStreet
Oct 02, Fri
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts some sellers during the Asian session on Friday, snapping a two-day winning streak and stalling the previous day's recovery from the vicinity of a nearly four-week low.
placeholder
Euro softens below 1.1250 on France’s fiscal riskThe EUR/USD pair loses momentum to around 1.1245 during the early Asian session on Monday. The Euro (EUR) weakens against the US Dollar (USD) amid fears over France's shaky fiscal trajectory. The US ISM Services Purchasing Managers Index (PMI) report is due later on Monday. 
Author  FXStreet
4 hours ago
The EUR/USD pair loses momentum to around 1.1245 during the early Asian session on Monday. The Euro (EUR) weakens against the US Dollar (USD) amid fears over France's shaky fiscal trajectory. The US ISM Services Purchasing Managers Index (PMI) report is due later on Monday. 
goTop
quote