MemeCore's token M has surged 655% over the past 90 days, driven by investor optimism and strategic market moves. The rally comes after Bitcoin's retracement to $112,000, which initially impacted the token negatively. However, the postponement of MemeCore's liquidity festival, originally planned to distribute $5.7 million, has spurred increased on-chain activity and investor interest. Trading volume for token M has climbed 25% to $860 million, with the token surpassing the 0.236 Fibonacci resistance level and nearing the 0.5 level, suggesting potential for further gains. The Average Directional Index (ADX) indicates strong momentum, reinforcing the bullish sentiment. Investors have transferred $172,000 worth of M from exchanges to private wallets in 48 hours, while the derivatives market shows a preference for long positions, with an additional $10.63 million invested recently.