PUMP surges as Pump.fun overtakes Hyperliquid, MemeCore hits ATHs

Meme cryptocurrencies were in the spotlight on Thursday as some of the sector’s tokens exhibited notable bullishness amidst broad market declines.

While Bitcoin struggles to hold $110,000, PUMP and MemeCore led the upside with significant surges on their daily charts.

PUMP turns bullish as Pump.fun overtakes Hyperliquid in revenue

The native token gained more than 11% in the past 24 hours after the Solana-based meme creation tool’s comeback.

Chart by Coinmarketcap

DeFiLlama data shows Pump.fun overtook decentralized exchange Hyperliquid in 24-hour revenue after consistent growth.

The meme launcher generated around $2.55 million the previous day, eclipsing Hyperliquid’s $2.21 million within that timeframe.

Consequently, Pump.fun’s total revenue of $784.56 million outpaces the DEX’s $650 million.  

Such developments signal prevailing demand for Pump.fun’s accessible and playful meme creation model.

The native token PUMP exhibited a bullish outlook amid the rise. It trades at $0.004354 after an over 11% upswing in the last 24 hours.

The rally reflects optimism as the platform gains traction for its community-first approach and simplicity.

Contrarily, the professional-grade Hyperliquid has dropped in the rankings.

The contrast shows how fun, accessibility, and culture fuel engagement than technical sophistication in the cryptocurrency world.

Meanwhile, BitMEX co-founder predicted that Hyperliquid will eventually outpace CEX Binance due to surging demand for decentralization in the blockchain industry.

MemeCore extends higher

Meanwhile, MemeCore topped trends in the themed tokens’ landscape.

The alt explores historical highs of $1.46 after gaining more than 50% in the past 24 hours.

Chart by Coinmarketcap

MemeCore has soared nearly 250% the last seven days, fueled by unwavering support from its community and viral momentum across crypto forums and social media.

MemeCore is a first-of-a-kind L1 blockchain that aims to transform meme coins beyond speculation to vehicles of value, community coordination, and culture.

It aims to sustain and structure the viral meme economy by empowering individuals to launch coins, build meme-native, decentralized environments, and earn incentives from their cultural contributions.

M exhibits robust momentum and will hit new all-time highs in the coming hours before a potential cooldown.

The MACD demonstrated dominant bull presence in MemeCore, but the daily Relative Strength Index (at 90) hints at extreme overbought situations.

The RSI suggests a short-term retracement before M can extend its rallies.

Meme coin market overview

Meme cryptocurrencies displayed stability today, outshining the broader market.

The value of top meme tokens remained largely unchanged in the past 24 hours as the global cryptocurrency market cap plunged 2% in that timeframe.

Congecko data shows themed cryptos’ market cap is $71.68 billion.

Source – Coingecko

The $4.84 billion in daily trading volume suggests considerable user activity.

These trends highlight how meme cryptocurrencies continue to set the market tone, especially as most teams work to shed the meme image through real-world utilities.

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