Why did the price of M go up?

MemeCore (M) increased by 7.97% in the last 24 hours, outperforming the overall crypto market, which gained 1.2%. The main reasons for this rise include:

1. Growth in the MemeX ecosystem – New tools for creating tokens and rewards for staking encouraged more retail traders to get involved.
2. Technical breakout – The price moved past important resistance levels, supported by positive trading indicators.
3. Shift to altcoins – Investors moved money into higher-risk altcoins as Bitcoin’s market share decreased.

Deep Dive

1. MemeX Ecosystem Growth (Positive Influence)

Overview: MemeCore’s MemeX platform, which allows users to launch meme tokens without coding, saw more activity ahead of its liquidity festival rewards on August 4. Over 85% of MemeCore’s trading volume happens on PancakeSwap (CoinMarketCap Community). Recent upgrades to the platform’s bridge have lowered transfer fees, making it easier for users to move tokens.

What this means: Retail traders are likely trying to benefit from upcoming rewards offered by MemeX’s incentive program. The platform focuses on making meme tokens useful rather than just speculative, fitting into the "Meme 2.0" trend that attracts both developers and traders.

What to watch: Keep an eye on participation numbers during and after the liquidity festival. A drop in unique wallets after the event could indicate traders are cashing out profits.

2. Technical Breakout (Mixed Signals)

Overview: MemeCore’s price moved above its 7-day simple moving average ($1.90) and 30-day exponential moving average ($1.08). The Relative Strength Index (RSI) is high at 81.94, indicating the asset might be overbought. The MACD indicator turned positive (+0.106) for the first time since August 20.

What this means: Short-term traders are following the upward momentum, but the high RSI suggests there could be a pause or pullback soon. The next resistance level is at $2.62. If the price falls below $1.95, it might drop further to around $1.72.

3. Altcoin Season Boost (Positive Influence)

Overview: The Altcoin Season Index increased by 26.92% over the week to 66, while Bitcoin’s dominance dropped to 57.2%, its lowest since December 2024. MemeCore’s 30-day gain of 391% far exceeded Ethereum’s 13% rise.

What this means: Investors are moving funds from large, established cryptocurrencies to smaller, story-driven altcoins. MemeCore benefits from this trend and its recent expansion into the Korean market through a KOSDAQ-listed company acquisition (Coingape), which adds credibility with institutional investors.

Conclusion

MemeCore’s recent price jump is driven by a mix of retail enthusiasm, technical factors, and growing demand for altcoins. Its expansion into Korea strengthens its fundamentals, but the high RSI and trading volume suggest the price could be volatile.

Key point to watch: Will MemeCore stay above $2.10—the 78.6% Fibonacci retracement level—during the Asian trading session on September 13? If it doesn’t, the price might test the $1.95 support level.

What could affect the price of M?

MemeCore’s price depends on meme-driven hype, regulatory progress, and growth in its ecosystem—but it remains vulnerable to big price swings.

1. MemeX Liquidity Festival (August 2025) – Short-term trading rewards could boost activity.
2. Korean Regulatory Efforts – Approval as a Virtual Asset Service Provider (VASP) by late 2025 might bring in institutional investors.
3. Overbought Technical Signals – High RSI suggests a possible price pullback despite positive momentum.

In-Depth Look

1. MemeX Liquidity Festival & Ecosystem Growth (Mixed Impact)

What’s Happening:
The MemeX Liquidity Festival, set for August 4, 2025, offers $5.7 million in rewards to encourage trading and liquidity for MRC-20 tokens like MemeCore. This follows a huge 598% price jump in July 2025, fueled by new exchange listings (Binance Alpha, BitMart) and retail investor excitement. Still, 85% of MemeCore’s trading volume happens on PancakeSwap (jayplayco), which means the price can be very volatile due to retail-driven trading.

What It Means for You:
The festival could push prices higher temporarily as traders jump in, but there’s a risk prices could drop sharply afterward if interest fades. Success depends on beating July’s strong rally numbers, including total value locked (TVL) and unique wallet activity.

2. Korean Regulatory Ambitions (Potential Positive Impact)

What’s Happening:
MemeCore plans to complete buying a company listed on Korea’s KOSDAQ stock exchange by late 2025. This move aims to get official approval as a Virtual Asset Service Provider (VASP) and Information Security Management System (ISMS) certification in South Korea (Coingape). This would allow easy swapping between Korean won (KRW) and $M tokens, making MemeCore a regulated platform for meme-based decentralized apps (dApps).

What It Means for You:
If approved, this could attract more serious investors and reduce the current heavy reliance on retail traders. However, South Korea’s Financial Services Commission (FSC) has never approved a foreign blockchain as a VASP before, so there’s some uncertainty about timing.

3. Technical Analysis: Overbought but Bullish Signals (Mixed Outlook)

What’s Happening:
MemeCore is trading at $2.14 with a Relative Strength Index (RSI) of 81.94, indicating it’s overbought and may be due for a price correction. At the same time, the Moving Average Convergence Divergence (MACD) shows bullish signs, and Fibonacci levels suggest a possible breakout to $3.24 if the price holds above $1.72.

What It Means for You:
While the momentum looks positive, there’s a good chance of a pullback to around $1.25 if traders start taking profits. The recent 390% rally over 30 days means the price is sensitive and could swing quickly.

Conclusion

MemeCore’s price is caught between strong meme-driven retail enthusiasm and risks like regulatory delays. The upcoming Liquidity Festival and Korean market expansion are key events to watch. However, technical indicators warn of potential price swings ahead. Will MemeCore’s Proof-of-Meme approach lead to lasting value, or stay a speculative trend? Keep an eye on trading volumes and Korean regulatory news after August for clues.

What are people saying about M?

The MemeCore (M) community is divided between excitement from the upcoming MemeX Liquidity Festival and doubts about how well the project will hold up afterward. Here’s what’s trending right now:

1. MemeX Liquidity Festival hype is driving many retail investors to buy $M ahead of the August 4 rewards.
2. South Korea’s regulatory plans, including a move to join KOSDAQ, are creating long-term optimism.
3. Concerns about centralization are rising because validators need to stake 7 million $M tokens, which could concentrate control.

Deep Dive

1. Exchange Listings Boost Retail Interest

BitMart Exchange recently highlighted MemeCore as part of the “Meme 2.0” movement, where memes become both currency and a way to govern the network. Since July, eight exchanges have added trading pairs for $M, which is a positive sign for short-term growth. However, about 85% of trading volume still happens on PancakeSwap, a decentralized exchange. This means most trading is happening in one place, which could affect liquidity and price stability.
See BitMart’s post

2. MemeX Festival Sparks a 25% Price Jump

Retail investors have been buying $M tokens despite a general market downturn, motivated by the upcoming rewards on August 4. Before the event, $564,000 worth of $M flowed into centralized exchanges. While this shows strong interest, past memecoin events often see prices drop sharply after the hype fades. So, investors should be cautious.
See John Morgan’s post

3. South Korea’s Regulatory Moves Attract Institutional Attention

MemeCore is aiming to register as a Virtual Asset Service Provider (VASP) in South Korea and plans to enable swaps between Korean won (KRW) and $M by late 2025. If successful, this could open doors to institutional investors and boost credibility. However, South Korea has not yet approved foreign blockchains for VASP status, so this remains a significant risk.
Read more on Coingape

Conclusion

Overall, the outlook for $M is cautiously optimistic. The excitement around the MemeX Festival on August 4 is balanced by concerns about validator centralization and possible price drops after the event. Key things to watch include whether the festival’s total value locked (TVL) beats July’s $693 million peak and updates on South Korea’s regulatory progress. The big question remains: Can a meme-based blockchain maintain its value beyond the initial hype?

What is the latest news about M?

MemeCore is capitalizing on meme-driven excitement while managing challenges related to liquidity and regulations. Here’s the latest update:

1. Standout Performance (September 2, 2025) – MemeCore jumped 30% as Bitcoin bounced back, breaking into the top 100 altcoins by market value.
2. MemeX Liquidity Festival Impact (August 3, 2025) – The token rallied 25% ahead of a major event, with increased activity from everyday traders.
3. Bit2Me Wallet Launch (August 19, 2025) – MemeCore was added to a leading European crypto wallet, making it easier for users in the EU to trade.

In-Depth Look

1. Standout Performance (September 2, 2025)

What happened: MemeCore’s price rose 30% to $2.14 as Bitcoin climbed above $110,000. This pushed MemeCore into the top 100 altcoins by market capitalization. Trading volume increased by 36% to $45.4 million. More traders were betting on price increases, with 59% holding long positions compared to 41% short positions.

Why it matters: This surge shows strong interest from retail investors in meme-based cryptocurrencies, especially when Bitcoin’s price is steady. However, most trading (85%) happens on PancakeSwap, a decentralized exchange on Binance Smart Chain, which raises concerns about liquidity being too concentrated in one place. (XT Blog)

2. MemeX Liquidity Festival Impact (August 3, 2025)

What happened: MemeCore’s price jumped 25% just before the MemeX Liquidity Festival on August 4. This event offered $5.7 million in rewards to traders and liquidity providers. Centralized exchanges saw net inflows of $564,000, and funding rates turned positive, indicating more traders were betting on price increases using leverage.

Why it matters: The price boost was driven by short-term speculation tied to the event. Past events like this have led to big price increases followed by profit-taking once the event ends, so long-term gains depend on keeping traders interested afterward. (CoinMarketCap)

3. Bit2Me Wallet Launch (August 19, 2025)

What happened: Bit2Me, a major crypto exchange and wallet in Spain, added MemeCore to its platform, allowing users across the European Union to buy and sell the token directly. This came after a 390% price increase over 30 days, though price swings also increased significantly.

Why it matters: Being available on a regulated platform like Bit2Me could help stabilize demand by making it easier and safer for users to trade. However, MemeCore’s price is still very sensitive to social media trends, with 72% of online discussions focused on “meme season” hype. (Bit2Me Blog)

Conclusion

MemeCore is benefiting from strong retail interest and new exchange listings but faces risks from concentrated liquidity and price swings after hype events. Its planned expansion into South Korea with a Virtual Asset Service Provider (VASP) license in late 2025 could help it move beyond being just a meme token to becoming a more established part of the crypto ecosystem. Whether it can sustain this growth or if it’s just another hype cycle remains to be seen.

What is expected in the development of M?

MemeCore’s roadmap is focused on expanding regulatory approval and growing its ecosystem.

1. Korean VASP Registration (Late 2025) – Working to get official approval to allow trading between Korean won (KRW) and MemeCore’s token ($M).
2. Japan & Singapore Expansion (2026) – Planning to use the same partnership approach as in Korea to enter these markets.
3. Proof-of-Meme Consensus Expansion (TBD) – Opening up participation to more MRC-20 tokens that meet certain activity levels.

Deep Dive

1. Korean VASP Registration (Late 2025)

Overview: MemeCore aims to become a licensed Virtual Asset Service Provider (VASP) in South Korea by late 2025. This includes obtaining ISMS certification after acquiring a company listed on KOSDAQ (Coingape). This approval would allow direct trading between KRW and $M, making it easier for users to buy and sell the token through regulated channels.

What this means: This is a positive step for adoption since South Korea accounts for about 10% of global cryptocurrency trading volume. However, it’s important to note that no foreign blockchain company has yet received VASP status in Korea, so delays are possible.

2. Japan & Singapore Expansion (2026)

Overview: MemeCore plans to expand into Japan and Singapore by forming local partnerships and offering grants to developers working on meme coins (Coingape). This strategy mirrors what they are doing in Korea.

What this means: This could be good for growth, but success depends on getting regulatory approval and adapting to local cultures. Japan’s strict cryptocurrency regulations could make this challenging.

3. Proof-of-Meme Consensus Expansion (TBD)

Overview: MemeCore intends to broaden its Proof-of-Meme (PoM) consensus mechanism to include more MRC-20 tokens. To qualify, these tokens must meet certain trading volume and momentum requirements to be eligible for staking (CoinMarketCap).

What this means: This could increase the usefulness of $M if more tokens join the network. However, there is a risk of centralization since currently each validator node requires a stake of 7 million $M tokens.

Conclusion

MemeCore’s roadmap focuses on gaining regulatory approval and scaling its ecosystem. The key milestone is getting VASP approval in South Korea, which could open the door to wider adoption. Watch for updates on validator decentralization and regulatory filings in Korea to see if MemeCore can evolve from a speculative meme token into a compliant, multi-chain platform for Meme 2.0.

What updates are there in the M code base?

MemeCore’s software is actively maintained with important fixes and economic updates.

1. Transaction Pool Fix (September 11, 2025) – Fixed stuck transactions by improving gas fee checks.
2. Reward Reduction Hard Fork (July 15, 2025) – Cut block rewards by 73% to control inflation.
3. Mainnet Launch (February 12, 2025) – Launched an Ethereum-compatible network using PoSA consensus.

Deep Dive

1. Transaction Pool Fix (September 11, 2025)

Overview
A critical bug was fixed where transactions with low fees would enter the transaction pool but never get processed, causing users’ funds to be stuck.

The update now enforces stricter checks on gas tips (transaction fees) when accepting transactions, rejecting those that pay too little upfront. It also improved compatibility with popular tools like MetaMask and Hardhat.

What this means
This is good news for MemeCore users because it reduces failed transactions, making the network more reliable for wallets and decentralized apps (dApps). Node operators need to update their software to avoid syncing problems.
(Source)

2. Reward Reduction Hard Fork (July 15, 2025)

Overview
The RewardTree Hard Fork lowered block rewards from 112.5 million $M to 30 million $M—a 73.3% reduction—on both test networks and the main network.

This change was rolled out gradually, starting with testnets in May 2025 and reaching the mainnet at block 2.3 million. Validators now receive smaller but more sustainable rewards.

What this means
This update has a neutral to positive long-term effect: it reduces the pressure to sell tokens from mining rewards, which can help stabilize the price. However, it might discourage some validators if rewards become too low. Traders should watch staking activity after the fork.
(Source)

3. Mainnet Launch (February 12, 2025)

Overview
MemeCore launched as a Layer 1 blockchain forked from Ethereum, using Proof of Staked Authority (PoSA) consensus. This system focuses on rotating validators and maintaining compatibility with Ethereum’s Virtual Machine (EVM).

Key features include dynamic validator sets, support for Shanghai EVM upgrades, and a minimum base fee of 1,500 Gwei to prevent spam transactions.

What this means
This launch laid the foundation for MemeCore’s ecosystem growth. However, the higher gas fees (1,500 Gwei compared to Ethereum’s roughly 10 Gwei) could limit adoption by everyday users at first.
(Source)

Conclusion

MemeCore’s recent updates show a clear focus on improving transaction reliability, managing token supply, and strengthening core infrastructure. The project is balancing technical improvements with economic controls. Still, challenges remain, such as high transaction fees and validator centralization (with a 7 million $M staking minimum). Future upgrades will need to address scalability while keeping the network friendly for meme-focused use cases.