Why did the price of M fall?
MemeCore (M) dropped 17.84% in the last 24 hours, underperforming the overall crypto market, which fell just 0.56%. The main reasons are:
- Stress in the derivatives market – In September, open interest in crypto derivatives reached $220 billion, increasing the risk of large forced sell-offs (MEXC News).
- Profit-taking after a huge rally – MemeCore surged 3,800% this year, and traders are now cashing out, with weak price support around $2.36 (based on a common technical level called Fibonacci 23.6%).
- Low liquidity concentration – About 85% of MemeCore’s trading volume happens on PancakeSwap, which can make its price more volatile.
Deep Dive
1. Derivatives Market Overheating (Negative Impact)
What’s happening:
Crypto derivatives—contracts that let traders bet on price movements—hit $220 billion in open interest in September 2025, according to CoinGlass. This means many traders are highly leveraged, especially in Bitcoin futures, which trade 8 to 10 times more than actual Bitcoin.
Why it matters:
High leverage increases the chance of forced sell-offs (liquidations), which can push prices down quickly. MemeCore’s trading volume dropped 20.8% to $28.1 million in 24 hours, showing less ability to handle big sell orders.
What to watch:
Bitcoin’s price holding above $104,500 is crucial. If it falls below this, it could trigger over $10 billion in liquidations across the market.
2. Profit-Taking After a Big Rally (Negative Impact)
What’s happening:
MemeCore is still up 3,282% this year but recently failed to hold its peak price of $2.96. The Relative Strength Index (RSI), a tool that measures momentum, dropped to 66.29 from overbought levels, indicating cooling interest.
Why it matters:
Many retail investors likely sold near the 7-day Simple Moving Average (SMA) of $2.52, a price level that has acted as resistance since September 20. Another technical indicator, the MACD histogram, shows bearish signals.
3. Shift in Memecoin Trading (Mixed Impact)
What’s happening:
The Altcoin Season Index, which measures how altcoins are performing compared to Bitcoin, fell 4.23% to 68, while Bitcoin’s market dominance rose to 57.66%. This suggests traders are moving toward safer assets amid a neutral market mood (Fear & Greed Index at 40).
Why it matters:
Speculative coins like MemeCore saw money flow out as traders reduced risk. However, MemeCore’s 547% gain over the past 60 days means it could still see big price swings if the meme coin trend picks up again.
Conclusion
MemeCore’s recent price drop reflects a broader market trend of reducing leverage and taking profits after an unsustainable rally. While its unique Proof-of-Meme system keeps some long-term supporters optimistic, short-term risks include pressure from derivatives unwinding and testing the $2.36 support level.
Key level to watch: Can MemeCore hold above its 30-day SMA at $1.62? If it breaks below, the price could fall further toward $1.38, another important technical support (Fibonacci 61.8%).
What could affect the price of M?
MemeCore’s price is caught between excitement from meme hype and some underlying risks.
- Regulatory Progress – Expanding in South Korea could bring in more institutional investors.
- Liquidity Events – Success at the MemeX Festival is key to keeping momentum going.
- Derivatives Risk – High trading activity in September could cause price swings.
In-Depth Look
1. Korean Regulatory Push (Positive Outlook)
Overview: MemeCore plans to complete its purchase of a company listed on South Korea’s KOSDAQ stock exchange by late 2025. It’s also working to get registered as a Virtual Asset Service Provider (VASP) and obtain ISMS certification in South Korea. This would allow easy swaps between Korean won (KRW) and $M, plus offer secure custody options for institutions (CoinGape). Crypto projects that meet these regulations in Korea often see their prices jump 40-60% after approval.
What this means: If approved, $M would be recognized as a regulated asset, attracting both Korean retail investors (30% of whom already hold crypto) and big institutional players. However, any delays or rejection could cause the recent 420% monthly price gains to fall back.
2. MemeX Liquidity Festival (Mixed Impact)
Overview: The MemeX event in August 2025 is offering $5.7 million in prizes to encourage trading of MRC-20 tokens. But 85% of $M’s trading volume currently happens on PancakeSwap (jayplayco), which raises questions about how well it’s being adopted on its own blockchain.
What this means: We can expect short-term price jumps if the event draws more participation than the 598% rally seen in July. However, if new users don’t stick around after the event, it could lead to sell-offs—a common pattern with meme coins after hype dies down.
3. Derivatives Overhang (Potential Downside)
Overview: September sees $220 billion in open crypto contracts, which increases the risk of forced sell-offs if prices move sharply. Bitcoin’s price swings often affect altcoins like $M (MEXC). Currently, $M’s Relative Strength Index (RSI) at 66.29 and MACD at -0.018 suggest it might be overextended after a massive 3,305% gain over 90 days.
What this means: If Bitcoin falls to around $104,500, it could trigger over $10 billion in liquidations, pushing $M below its $2.36 support level. On the other hand, if the Federal Reserve cuts interest rates, risk appetite might return, but $M’s high volatility means it could still react sharply to market changes.
Conclusion
MemeCore’s future depends on turning meme-driven excitement into real-world value through Korean market adoption and liquidity incentives. While the price of $2.33 on September 23 shows optimism, traders should keep an eye on:
- MemeX TVL – Can total value locked stay above $2.8 billion?
- VASP Approval – Will South Korea approve $M by the end of the year?
Will MemeCore survive September’s derivatives pressure and establish itself as the next generation “Meme 2.0” coin?
What are people saying about M?
MemeCore is gaining attention with its connection to the popular MemeX Festival in South Korea, but big investors and network validators are creating some uncertainty. Here’s what’s happening:
- MemeX Festival sparks a buying frenzy among everyday traders
- Entry into South Korea raises questions about regulatory compliance
- Large investors cause sharp price swings through big trades
Deep Dive
1. @Kaiweb30: MemeX Festival hype drives retail interest
“MemeX Festival: August 2025 event with $5.7 million in prizes, drawing huge attention.”
– @Kaiweb30 (X followers · 1.2M impressions · September 12, 2025, 1:28 PM UTC)
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What this means: The festival is boosting short-term optimism as many retail traders join in, pushing up trading volume—especially on PancakeSwap, which accounts for 85% of the activity. However, most trading happens on Binance Smart Chain (BSC), and there’s a risk of traders selling off after the event ends.
2. @johnmorganFL: Korean regulatory efforts draw attention
“MemeCore aims to comply with Korean regulations by acquiring a KOSDAQ-listed company to register as a Virtual Asset Service Provider (VASP).”
– @johnmorganFL (X followers · 890K impressions · August 3, 2025, 3:01 PM UTC)
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What this means: The move to meet Korean regulatory standards could open up opportunities for trading between Korean won (KRW) and MemeCore, attracting institutional investors. But there’s uncertainty because no foreign blockchain has yet been approved as a VASP in South Korea, so delays are possible.
3. @blockz_hub: Big investors cause price volatility
“$M drops 21% as whales sell $11.2 million worth of tokens, forcing liquidation of over $900,000 in long positions.”
– @blockz_hub (X followers · 430K impressions · September 6, 2025, 1:27 PM UTC)
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What this means: After a strong 434% price increase over the past month, some large holders are cashing out, causing downward pressure. The Chaikin Money Flow indicator (-0.34) shows significant money leaving the market. Holding the $0.39 price level is important to prevent further drops.
Conclusion
Overall, opinions on MemeCore are mixed. The excitement around the MemeX Festival and expansion into South Korea is attracting many retail traders, but there are concerns about liquidity risks and regulatory challenges. High staking requirements for validators (7 million $M per node) and heavy trading on BSC raise questions about centralization. Keep an eye on the MemeX Festival TVL and participation numbers after August 4—if momentum fades, there could be a “sell-the-news” reaction leading to price declines.
What is the latest news about M?
MemeCore is capitalizing on the meme coin craze, reaching new heights while managing price swings and expanding under new regulations. Here’s the latest:
- Record Price Jump (September 6, 2025) – MemeCore’s token M soared 3,800% to $1.69, boosted by Bitcoin’s recovery and excitement around alternative coins.
- Expansion into South Korea (June 5, 2025) – MemeCore acquired a company listed on Korea’s KOSDAQ stock exchange to pursue official registration as a Virtual Asset Service Provider (VASP) and enable trading between Korean won (KRW) and M.
- Multiple Exchange Listings (July 11, 2025) – M was listed on Binance Alpha, Kraken, and Bitget, sparking a 1,110% increase in just one week.
In-Depth Look
1. Record Price Jump (September 6, 2025)
What happened:
MemeCore’s token M hit a new high of $1.69, driven by Bitcoin climbing back above $110,000 and strong interest from retail investors. Trading volume reached $53 million daily, and social media buzz increased significantly. However, experts caution that the market is thinly traded, which can lead to sudden price swings.
What it means:
This price surge shows strong speculative interest, but since 85% of trading happens on PancakeSwap—a decentralized exchange known for lower liquidity—M is vulnerable to sharp drops. Traders should look for consistent daily volumes over $40 million to feel confident about price stability.
(Source: XT.COM)
2. Expansion into South Korea (June 5, 2025)
What happened:
MemeCore bought Dae-Han Data Technology, a company listed on Korea’s KOSDAQ, to speed up its registration as a Virtual Asset Service Provider (VASP). This will allow users to swap Korean won (KRW) for M tokens by the end of 2025. The plan also includes expanding into Japan and Singapore in 2026.
What it means:
This is a positive long-term move because meeting regulatory requirements could help MemeCore become more widely accepted and used. However, South Korea’s Financial Services Commission has historically been cautious about approving foreign blockchain projects for VASP status, so there is some risk that this plan may face delays or obstacles.
(Source: Coingape)
3. Multiple Exchange Listings (July 11, 2025)
What happened:
MemeCore was listed on major centralized exchanges Binance Alpha, Kraken, and Bitget in July, which led to a 1,110% price increase in one week. Trading competitions and a partnership with Klein Labs to support market making helped boost retail investor interest.
What it means:
This is cautiously optimistic news. While the listings made it easier for people to buy and sell M, the rapid 840% monthly price increase suggests the market may be overheating. Data from derivatives trading shows a funding rate of 0.0094, meaning many traders were using borrowed money to bet on price increases, which can lead to sharp corrections if sentiment changes.
(Source: CoinMarketCap)
Conclusion
MemeCore combines viral popularity with strategic moves to meet regulations, making it a high-risk, high-reward option in the meme coin space. Its 3,305% price gain over 90 days highlights strong retail interest, but the project’s future depends on turning hype into real-world use, especially through its South Korean expansion. The big question remains: will regulatory progress keep up with the price swings typical of meme-driven tokens?
What is expected in the development of M?
MemeCore’s roadmap focuses on meeting regulatory requirements, growing its ecosystem, and improving its technology.
- Korean VASP Registration (Late 2025) – Completing approval to enable trading between Korean won (KRW) and MemeCore (M) tokens.
- Japan & Singapore Launch (Early 2026) – Expanding using the same partnership approach as in Korea.
- Proof-of-Meme Expansion (2026) – Allowing more types of MRC-20 tokens to participate in staking.
Deep Dive
1. Korean VASP Registration (Late 2025)
Overview: MemeCore plans to acquire a company listed on Korea’s KOSDAQ stock exchange to register as a Virtual Asset Service Provider (VASP) and get ISMS certification (Coingape). This will allow direct trading between Korean won (KRW) and MemeCore tokens ($M) on regulated exchanges.
What this means: This is positive for $M because regulatory approval can attract institutional investors and improve market stability. However, there is a risk of delays if South Korea’s Financial Services Commission (FSC) does not approve foreign blockchain companies.
2. Japan & Singapore Launch (Early 2026)
Overview: Following the Korean model, MemeCore aims to enter Japan and Singapore by partnering with local companies and using grant programs (Coingape). The focus will be on compliant fiat currency gateways and integrating gaming features.
What this means: This is cautiously optimistic. Success depends on repeating Korea’s approach, but Japan’s strict crypto regulations could slow progress.
3. Proof-of-Meme Expansion (2026)
Overview: MemeCore’s “Meme 2.0 ecosystem” will expand its Proof-of-Meme (PoM) staking system to include more MRC-20 tokens. Tokens will need to meet certain trading volume requirements to participate (CoinMarketCap Community).
What this means: This is good for the network’s utility because more staking options can reduce selling pressure. However, if some tokens don’t gain enough momentum, it could limit participation and concentrate control among a few validators (currently requiring 7 million $M per node).
Conclusion
MemeCore’s future depends on turning early interest into a regulated, useful platform. The Korean VASP registration is a key step. Success in Asia could establish $M as a leading meme-based Layer 1 blockchain. Still, the project relies heavily on retail traders (85% of trading happens on PancakeSwap), which could make it vulnerable to market swings. It remains to be seen if regulatory progress will balance out volatility after the August 2025 MemeX Festival.
What updates are there in the M code base?
MemeCore’s latest updates focus on growing its ecosystem and making cross-chain transactions smoother and more efficient.
- MemeX Token Launchpad (July 24, 2025) – Create meme tokens easily without coding, powered by the $M token.
- EVM Compatibility Upgrade (July 8, 2025) – Easier development of decentralized apps (dApps) for meme projects using Ethereum tools.
- Protocol Free Bridge Upgrades (August 2025) – Lower fees and faster transfers between blockchains.
Deep Dive
1. MemeX Token Launchpad (July 24, 2025)
What it is: MemeCore launched MemeX, a platform that lets anyone create meme coins on its main blockchain (Layer 1) without needing to write code. The $M token is used to pay transaction fees and customize token features.
This update uses smart contract templates to automate token creation, making it easier for creators to launch new coins. MemeX also supports staking apps that reward users based on community participation.
Why it matters: This is a positive step for MemeCore because it makes it simpler for people to create meme coins, which could increase activity on the network and demand for $M tokens. However, there’s a risk that too many low-quality tokens could overwhelm the system.
(Source)
2. EVM Compatibility Upgrade (July 8, 2025)
What it is: MemeCore improved its compatibility with the Ethereum Virtual Machine (EVM), the technology behind Ethereum. This means developers can more easily move their Ethereum-based dApps to MemeCore.
The upgrade also optimized transaction fees for meme-related activities and added special contracts for tracking viral content.
Why it matters: This change is neutral for MemeCore. It could attract developers familiar with Ethereum, but MemeCore faces strong competition from other EVM-compatible blockchains like Binance Smart Chain (BSC). To stand out, MemeCore needs to grow its unique “meme-first” community quickly.
(Source)
3. Protocol Free Bridge Upgrades (August 2025)
What it is: MemeCore upgraded its Protocol Free bridge, which connects different blockchains. The update aims to cut cross-chain transfer fees by about 60% (from 10 M to 4 M per transfer) and speed up transactions between Binance Coin (BNB) and MemeCore.
This comes after users reported lost funds and high fees. The plan includes integrating Infinex to make swapping tokens easier and more reliable.
Why it matters: If done well, this will be a big win for MemeCore by making it cheaper and faster to move assets across blockchains, increasing liquidity. But delays or issues could push users toward competing solutions.
(Source)
Conclusion
MemeCore’s recent updates focus on making the platform more accessible (with MemeX) and improving interoperability (with EVM and bridge upgrades). These changes could help MemeCore grow as a meme-focused Layer 1 blockchain. However, success depends on managing the quality of new tokens and avoiding spammy projects as the network expands. How MemeCore handles these challenges will be key to its future growth.