Why did the price of M go up?
MemeCore (M) increased by 1.34% in the last 24 hours, continuing a strong weekly gain of 47.67%. Here’s why:
- Technical Momentum – Indicators show strong buying activity
- MemeX Festival Buzz – Excitement around an August event with $5.7 million in rewards
- Regulatory Progress in Korea – Expansion through acquiring a company listed on KOSDAQ
In-Depth Look
1. Technical Momentum (Positive Signal)
Current Status: MemeCore is trading at $2.56. The RSI (Relative Strength Index) is very high at 89.1, which usually means the asset is overbought. The MACD (Moving Average Convergence Divergence) indicator is positive, showing ongoing buying pressure.
What this means: Normally, a high RSI suggests a price drop might happen soon. But MemeCore has often kept rising even when RSI is high. The MACD suggests big investors are buying, and price targets based on Fibonacci analysis point to $3.20 as the next possible level.
What to watch: If the price falls below $2.07, it could lead to some profit-taking by traders.
2. MemeX Festival Excitement (Positive Impact)
Current Status: MemeCore’s upcoming MemeX Liquidity Festival in August 2025 offers $5.7 million in prizes for trading MRC-20 tokens, attracting a lot of attention.
What this means: Similar to a previous event in July that caused a 598% price jump, many retail traders are buying in anticipation. About 85% of MemeCore’s trading volume happens on PancakeSwap (Coingape), showing that much of the activity is driven by retail traders using leverage, not just natural demand.
3. Regulatory Developments in South Korea (Mixed Impact)
Current Status: MemeCore completed the purchase of a company listed on KOSDAQ in June 2025. This move aims to enable trading between Korean won (KRW) and MemeCore tokens, and to register as a Virtual Asset Service Provider (VASP) by the end of 2025.
What this means: This could open access to South Korea’s large $74.5 billion crypto market. However, regulatory approval is still pending. The project depends heavily on speculative trading through its Protocol Free bridge, which could be risky if regulatory deadlines are delayed.
Summary
MemeCore’s recent gains come from a mix of strong technical signals, hype around the upcoming MemeX Festival, and hopes for regulatory approval in South Korea. The altcoin market is currently favorable, but traders should watch closely to see if the August 4 event attracts enough participation or if it leads to a “sell the news” reaction.
Key point to watch: Can MemeCore stay above $2.48, especially as Bitcoin’s dominance in the market rises to 57.3%?
What could affect the price of M?
MemeCore is riding the wave of meme coin popularity but faces challenges in maintaining long-term growth.
- MemeX Festival (August 2025) – Incentives to trade could increase demand, but there’s a risk of price drops after the event.
- South Korean Regulations – Getting approval to operate in South Korea by late 2025 could open up new trading options, but delays could hurt momentum.
- Altcoin Market Trends – Growing interest in speculative coins helps $M, but a Bitcoin comeback could reduce its appeal.
In-Depth Look
1. MemeX Liquidity Festival & Exchange Plans (Mixed Effects)
What’s happening:
The MemeX Liquidity Festival on August 4, 2025, will offer rewards to encourage trading of MRC-20 tokens, aiming to increase activity on the blockchain. At the same time, MemeCore plans to lower the financial requirements for getting listed on centralized exchanges from $5 million to $1 million, making it easier for $M to be traded on bigger platforms. However, about 85% of $M’s trading volume still happens on PancakeSwap, a decentralized exchange, which could be risky if the native blockchain doesn’t gain more users (jayplayco).
What this means for you:
There’s likely to be a short-term price boost as traders jump in during the festival, similar to a 598% price increase seen in July. But if the total value locked (TVL) or user numbers don’t keep growing after the event, many traders might sell off their holdings, which could cause a sharp price drop like the 27% fall after a big weekly gain in July (AMBCrypto).
2. South Korean Regulatory Outlook (Potential Upside and Risks)
What’s happening:
MemeCore is working to acquire a company listed on South Korea’s KOSDAQ stock exchange by late 2025. This move aims to get approval as a Virtual Asset Service Provider (VASP) and meet security standards (ISMS certification). If successful, this would allow trading between Korean won (KRW) and $M, opening doors to partnerships in one of Asia’s largest crypto markets. However, South Korea’s Financial Services Commission (FSC) has never approved a foreign blockchain project for VASP status before (Coingape).
What this means for you:
If MemeCore gets regulatory approval, it could lead to a big price jump in 2026, similar to what happened with other projects that gained KRW trading pairs. But if approval is delayed or denied, confidence could drop, especially since staking 7 million $M tokens is required to control validators, which concentrates power.
3. Altcoin Market Mood & Meme Coin Competition (Mixed Effects)
What’s happening:
The Altcoin Season Index is at 71 out of 100, indicating investors are favoring riskier, speculative coins like MemeCore. However, competitors such as Pepe (up 408% this year) and Dogecoin’s upcoming ETF listing are competing for attention. Meanwhile, Bitcoin still dominates the market with 57.29% share, and a 5% rise in Bitcoin’s price could pull investment away from altcoins like $M.
What this means for you:
$M’s recent 3,609% price increase over 90 days depends on continued excitement around the “Meme 2.0” trend. If the price falls below the 50-day simple moving average ($1.31), it could signal a downward trend. Holding above the $2.07 support level (based on Fibonacci retracement) would help maintain a positive outlook.
Conclusion
MemeCore’s future price depends on turning the August liquidity boost into lasting value and successfully navigating South Korean regulations. Traders should watch how well the MemeX Festival keeps users engaged and follow updates on the FSC’s decisions. The big question remains: can $M reduce its reliance on PancakeSwap before Bitcoin’s dominance rises again?
What are people saying about M?
The community around MemeCore (M) is divided between excitement from recent events and cautious skepticism afterward. Here’s what’s trending:
- MemeX Festival buzz – An August event sparked a buying frenzy among everyday investors.
- Growing exchange presence – New listings and trading contests have increased trading activity.
- Technical rebound – A short-term price jump faces questions about long-term stability.
- Expansion into Korea – Acquiring a Korean company boosts hopes for smoother regulatory approval.
Deep Dive
1. @Kaiweb30: MemeX Festival boosts confidence 🚀 bullish
"💥 $M token jumped 9.82% in the last 24 hours... MemeX Festival: August 2025 event with $5.7M in prizes"
– @Kaiweb30 (12k followers · 84k impressions · 2025-09-12 13:28 UTC)
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What this means: Positive for $M because the festival encourages people to trade and engage with memes through rewards. However, past events like this often lead to some investors cashing out afterward.
2. @BitMartExchange: More exchange listings improve liquidity 📈 bullish
"MemeCore is the first Layer 1 blockchain built for Meme 2.0... Trading pair: M/USDT"
– @BitMartExchange (890k followers · 2.1M impressions · 2025-07-14 10:36 UTC)
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What this means: Positive because adding MemeCore to 8 new exchanges since July has made it easier to buy and sell. Still, 85% of trading volume happens on PancakeSwap, showing some concentration (CoinMarketCap).
3. @johnmorganFL: Questions about lasting growth after the festival ⚖️ mixed
"MemeCore Is Pumping – But Is It Real This Time? [...] What happens after the festival?"
– @johnmorganFL (220k followers · 1.4M impressions · 2025-08-03 15:01 UTC)
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What this means: Neutral to cautious. Analysts point out that a few validators control large amounts of $M tokens, and most trading happens on Binance Smart Chain (BSC), which could limit growth. The technical indicators show the price may have peaked for now.
4. Coingape: Korean market move signals regulatory hope 🇰🇷 bullish
"Finalizing KOSDAQ-listed firm acquisition for VASP registration [...] enabling KRW/$M swaps by late 2025"
– Coingape (2025-08-02 report)
View original analysis
What this means: Positive for attracting institutional investors if the acquisition leads to official Virtual Asset Service Provider (VASP) registration in South Korea. However, the country’s financial regulator has not historically approved foreign blockchains for this status.
Conclusion
Overall, opinions on $M are mixed. There’s strong enthusiasm from meme-driven retail investors, but concerns remain about infrastructure and regulatory challenges. The MemeX Festival and Korean expansion could push prices above the current $2.53, but traders should watch how many participants stay active after August 4 and whether the project achieves ISMS certification by the end of the year. The key question: can this hype turn into lasting value?
What is the latest news about M?
MemeCore is soaring on meme-driven excitement, overcoming worries about price swings, and aiming to grow worldwide. Here’s the latest update:
- Record High on September 6, 2025 – The token M jumped 3,800% to $1.69, then settled around $1.60, despite warnings about big price swings.
- Entered Top 100 Altcoins on September 2, 2025 – M climbed 30% to join the top 100 coins, boosted by strong retail interest and more coins moving into exchanges.
- Listed on Bit2Me on August 19, 2025 – M became available on Spain’s largest crypto platform, making it easier for European users to buy and sell.
In-Depth Look
1. Record High on September 6, 2025
What happened:
MemeCore’s token, M, skyrocketed by 3,800% to reach $1.69, thanks to viral buzz on social media and speculative trading. Trading volume in 24 hours topped $53 million. After the spike, the price settled near $1.60. Experts warn that such rapid price jumps often lead to sharp drops.
Why it matters:
This surge is good news for M’s visibility and short-term trading interest. However, it also raises concerns about price stability. About 85% of trading happens on PancakeSwap (a decentralized exchange on Binance Smart Chain), which can lead to liquidity risks. Investors should watch for sudden large sell-offs. (XT Blog)
2. Entered Top 100 Altcoins on September 2, 2025
What happened:
On September 2, M jumped 30% and made it into CoinMarketCap’s top 100 altcoins. This rise happened alongside Bitcoin climbing back above $110,000 and increased buying by large Ethereum holders, indicating positive market trends.
Why it matters:
Being in the top 100 boosts M’s credibility and attracts more investors, including institutions. However, a large inflow of coins into centralized exchanges (+$564,000 in 72 hours) suggests some traders might be preparing to sell near the $2.50 price level, which could cause price drops. (XT Blog)
3. Listed on Bit2Me on August 19, 2025
What happened:
M was added to Bit2Me, a major European crypto platform regulated by the EU, allowing users to trade and hold M with euros. This listing follows MemeCore’s purchase of a South Korean company listed on KOSDAQ, aiming to get official licensing for virtual asset services in South Korea.
Why it matters:
This move supports M’s growth in regulated markets and fits with its plan to expand in Korea. However, success depends on earning ISMS certification by the end of 2025—a certification no foreign blockchain company has achieved yet. (Bit2Me Blog)
Conclusion
MemeCore’s blend of meme popularity, exchange listings, and regulatory efforts keeps it in the spotlight. The key question is whether it can turn hype into lasting value. Will its push for Korean regulatory approval succeed where others have failed, or will price swings wipe out recent gains?
What is expected in the development of M?
MemeCore’s roadmap focuses on both immediate improvements and strategic growth through regulatory approval.
- CEX Bridge Upgrades (Q4 2025) – Lower fees and better reliability for moving assets across blockchains.
- Korean VASP Compliance (Late 2025) – Getting official approval to trade KRW/$M pairs by acquiring a company listed on KOSDAQ.
- Asia Expansion (2026) – Expanding into Japan and Singapore using the compliance model developed in Korea.
Deep Dive
1. CEX Bridge Upgrades (Q4 2025)
Overview: MemeCore plans to upgrade its Protocol Free bridge to reduce transfer fees—for example, lowering the minimum amount needed to move BNB to MemeCore from 10 $M—and fix reliability problems reported by users (jayplayco). This is important because 85% of $M trading happens on PancakeSwap (BSC), limiting activity on MemeCore’s own blockchain.
What this means: If successful, these upgrades could attract more users by making it easier and cheaper to move assets, boosting MemeCore’s ecosystem. However, delays could keep users dependent on BSC for longer.
2. Korean VASP Compliance (Late 2025)
Overview: MemeCore is working to acquire a KOSDAQ-listed company to gain Virtual Asset Service Provider (VASP) registration and ISMS certification (Coingape). This would allow regulated trading of KRW/$M pairs on Korean exchanges.
What this means: This move would increase MemeCore’s credibility and open access to the Korean market. However, it carries risk since South Korea’s Financial Services Commission has not yet approved foreign blockchains for VASP status.
3. Asia Expansion (2026)
Overview: MemeCore plans to use its Korean compliance model to enter Japan and Singapore, focusing on partnerships, grant programs, and play-to-earn gaming features.
What this means: This expansion could be positive in the long run, but success depends on how well the Korean strategy works. Japan’s strict crypto regulations and strong competition in Singapore’s Web3 scene could slow progress.
Conclusion
MemeCore’s roadmap aims to turn hype into real-world use by improving cross-chain transfers and gaining regulated market access. The Korean market push offers promising near-term opportunities, but execution risks remain. The key question is whether MemeCore’s “Meme 2.0” vision will drive sustainable growth through 2026 or if it will fall back on volatile meme-driven trends.
What updates are there in the M code base?
MemeCore's development team is actively working to improve network stability and adjust its economic model.
- Transaction Fee Fix (July 15, 2025) – Fixed an issue where some transactions got stuck by improving how transaction fees are checked.
- Block Reward Reduction (July 15, 2025) – Reduced the rewards for mining new blocks by 73%, now 30 M per block.
- Consensus Upgrade (Initial Release) – Introduced a new system called PoSA to better reward network validators.
Deep Dive
1. Transaction Fee Fix (July 15, 2025)
Overview
There was a problem where transactions with low fees would get stuck and never complete. This update fixed that by making the system stricter about checking fees before accepting transactions.
Now, transactions that don’t meet the minimum fee won’t clog the network. This also improves compatibility with popular wallets like MetaMask, making it easier for users to send transactions smoothly.
What this means
This update is positive for MemeCore because it reduces failed transactions and makes the network more reliable for users. (Source)
2. Block Reward Reduction (July 15, 2025)
Overview
MemeCore reduced the amount of new coins given to validators for adding blocks from 112.5 M to 30 M. This change aims to control inflation and encourage long-term network health.
The change was tested on smaller networks before being applied to the main network, and node operators had to update their software to keep running smoothly.
What this means
This change is neutral overall. It might reduce the pressure on validators to sell their rewards immediately, but the big cut could make it harder for smaller validators to stay active. Watching how many validators continue after this change will be important. (Source)
3. Consensus Upgrade (Initial Release)
Overview
MemeCore launched a new consensus method called Proof of Staked Authority (PoSA). This system combines staking (locking up coins) with rotating validators to improve security and fairness.
It works with Ethereum-compatible tools and supports changing validator groups dynamically, along with smart contracts that handle rewards. This sets the stage for future improvements.
What this means
This is a positive long-term development. PoSA helps make the network more secure and scalable, which is important for MemeCore’s goal to be a strong Layer 1 blockchain. (Source)
Conclusion
MemeCore’s latest updates focus on making the network more stable and adjusting economic incentives to keep validators engaged. The big question is whether the lower block rewards will keep enough validators active as more people start using the network.