- MemeCore Weakens Sharply: MemeCore fell 6.05% amid heavy selling and low volume support, indicating fading confidence and sustained downside pressure.
- Rekt’s Momentum Stalls: Rekt posted a small gain but failed to hold highs, with strong resistance and late-session selling erasing earlier strength.
- Diverging Signals Emerge: Meme coin price action shows mixed sentiment, as volume and volatility highlight different short-term setups across trending tokens.
The meme coin market entered August 2025 with mixed performance, as MemeCore and Pudgy Penguins recorded declines while Rekt posted minor gains. This shift in momentum highlights growing differentiation in price behavior, making each project worth reevaluating. Volume, volatility, and market cap movements show that the changing environment is impacting meme coins unevenly.
The meme coin sector remains a key segment of crypto speculation, and tokens showing either strong activity or signs of recovery lead current discussions. Rekt, MemeCore, and Pudgy Penguins are among those gaining visibility as the community reassesses short-term opportunities. Each token presents a distinct technical setup, backed by real-time data and market dynamics.
MemeCore Slips Under Heavy Intraday Pressure
MemeCore (M) closed at $0.5277 after a 6.05% 24-hour decline, breaking below near-term support zones during extended selloffs. The candlestick structure shows red dominance from early morning to the end of the session, reflecting uninterrupted bearish momentum. With prices declining steadily, short-term sentiment shifted, weakening confidence in upward recovery.
Volume dropped 15.49% to $29.41 million, underscoring a pullback in trading interest and liquidity. This decrease matched the 6.05% drop in market cap, now standing at $833.43 million. That confirms that is the market reacted by reducing exposure rather than buying into the dip.
Despite a still-limited circulating supply of 1.57 million tokens, MemeCore lacked enough volume strength to counter the trend. This weakness came alongside red hourly closes that continued into the late session. Traders focused on short-term moves now view MemeCore as trending below strength zones for the time being.
Rekt Gains Slightly But Ends Lower Than Highs
Rekt (REKT) posted a small 1.47% gain over 24 hours, reaching $0.051130 before closing the session with late red candles. Although it briefly surged to a high of $0.051225, strong resistance halted upward movement. The chart reflected weakening momentum as sellers entered heavily in the last few hours of trading.
Volume rose sharply by 46.14% to $5.85 million, signaling a short-term influx of speculative activity. Despite this volume, the price failed to hold earlier gains and pulled back into a tighter range. That shows that is the enthusiasm may have been short-lived or unsustainable.
REKT’s profile score remains at a modest 48%, raising concerns about long-term reliability or project fundamentals. Yet the current circulating supply of 255.77 billion shows significant token movement. While the chart ended red, the midday surge revealed potential for volatility-driven moves in upcoming sessions.
Pudgy Penguins Drops Sharply on Selling Wave
Pudgy Penguins (PENGU) fell 6.4% to $0.03334 in one of the sharpest meme coin declines of the session. A series of red candles took over the chart, and the price slipped quickly below recent support levels. The pullback deepened late in the day, confirming strong sell-side activity.
Market cap dropped by 6.18% to $2.09 billion, indicating that large holders exited or reduced positions. Meanwhile, volume slid by 18.05% to $652.7 million, showing a broad cooldown in demand. These moves signal that is the sentiment surrounding PENGU has weakened significantly compared to previous weeks.
Despite a large circulating supply of 62.86 billion tokens, the token struggled to absorb pressure from profit-takers and speculators. The chart structure remained bearish throughout the day with little recovery action. That signals PENGU may continue to test lower price levels if current volume trends persist.
