Why Is the CORE Price Up? Analyst Points to the Real Reason

During the ongoing crypto market downturn, one crypto is actually performing well. It’s CORE as the price is now up 11% today, trading around $0.50.

Popular crypto analyst ‘BATMAN’ pointed to a real reason behind the pump on X to his 84k followers.

According to BATMAN, the CORE validator bond jumped from 10,000 to 500,000 CORE tokens. Existing validators can keep their 10,000 CORE bond. But offline and new validators must now bond 500,000 CORE to join the network.

This change will create more buy pressure as nodes need to purchase more CORE tokens to participate. New validators must buy large amounts of CORE to meet the new requirement, which could push up demand in the market.

CORE Chart Analysis – Is 10x Possible Again in 2025?

Analyst ‘CORE Gems’ shared his thoughts on the CORE price situation.

The chart shows WCORE’s price over the past year. It reveals a major rally that started in early April 2024. The price jumped from under $0.40 to around $4.20 – a 10x increase in a short time.

‘CORE Gems’ noticed a pattern that might repeat. A year ago, the CORE price moved from under $0.40 to $4.20 in early April. The current chart and volume look similar to that period.

Last April’s pump began from below $0.40 in late March and reached $4.20 in early April. Trading volume increased before and during the breakout. The CORE chart showed multiple wicks and pullbacks from both buying and profit-taking.

The current setup at the end of March 2025 looks very similar. CORE trades at $0.5084 after an 11% pump since the analyst’s tweet. Volume has started to rise. The price shows a flat to slightly up accumulation zone, much like March 2024 before the big move. A green daily candle of +18.98% broke above the recent sideways range.

This setup matches the pre-pump structure from last year. The price sits in the same sub-$0.60 zone where the previous rally began. The timing also matches – early April – which might align with marketing efforts, token unlocks, new features, or market psychology. From a technical view, we see a potential breakout with rising volume and higher lows.

Read also: Bitcoin Price Prediction: Analyst Maps Out 3 Price Targets For BTC in 2025

That being said, for such a jump to happen, the broader crypto market would need to perform well. This seems highly unlikely in the current market conditions. Last year, the market was much more favorable when CORE made its big move. Bitcoin was hitting new all-time highs, altcoins were booming, and investor sentiment was extremely positive. Today’s market shows far more caution and uncertainty.

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Petar Jovanović
Petar Jovanović

As the Head of Content at Captainaltcoin, I bring years of experience in the crypto industry. With a strong belief in the potential of the web3 market since 2017, I'm passionate about sharing valuable insights and knowledge. Feel free to connect with me on LinkedIn and let's discuss the exciting world of cryptocurrencies and decentralized technologies!

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