Why did the price of M go up?
MemeCore (M) increased by 5.68% in the last 24 hours, outperforming the overall crypto market, which gained 0.88%. The main factors behind this rise are:
- Spot Market Buying – A negative netflow of -82,000 tokens shows strong buying activity, even though futures traders remain cautious.
- MemeX Ecosystem Growth – Continued momentum from the recent MemeX Festival and incentives for developers are boosting interest.
- Technical Strength – The price is holding above an important support level at $2.36, despite some signs of weakening momentum.
Deep Dive
1. Spot Market Buying (Positive Sign)
MemeCore had $23.5 million in spot trading volume, with a net buy amount of 17,300 tokens, indicating that many retail investors are accumulating the coin. The netflow of tokens leaving exchanges dropped to -82,000 from +16,000, which often signals that buyers are moving their coins off exchanges to hold them, a pattern that has historically led to price increases.
Because the market has low liquidity (meaning fewer coins are traded relative to total supply), these spot market moves have a bigger impact on price. Interestingly, while spot buying increased, futures traders were mostly betting against the coin, with 63.5% of positions being short. This mismatch caused a short squeeze on September 26, forcing bearish traders to close their positions and resulting in $874,000 in liquidations.
What to watch: Keep an eye on whether spot buying continues and if futures open interest decreases. If the price breaks above the all-time high of $2.48, more short sellers may be forced to cover their positions, potentially pushing the price higher.
2. MemeX Festival Impact (Mixed)
The MemeX Festival in August, which awarded $5.7 million in prizes, has kept developer activity high. This week, 14 new MRC-20 tokens were launched. MemeCore’s compatibility with Ethereum Virtual Machine (EVM) and easy-to-use token creation tools helped increase active wallets by 23% compared to last month.
However, most trading volume (85%) still happens on PancakeSwap, a decentralized exchange on the Binance Smart Chain (BSC), which raises questions about how much the native MemeCore blockchain is being used organically.
3. Technical Analysis (Neutral to Bullish)
The price remains above the 23.6% Fibonacci retracement level at $2.36, which is a key support area. However, technical indicators like the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) show some bearish signals, suggesting momentum is weakening. The 30-day Simple Moving Average (SMA) at $1.87 provides additional support.
This means that while buyers are defending important price levels, the market may consolidate between $2.30 and $2.50 before making the next move upward.
Conclusion
MemeCore’s recent price increase reflects strong buying in the spot market despite cautious sentiment in derivatives trading, amplified by the market’s low liquidity. The growth of the MemeX ecosystem adds positive momentum, but the heavy reliance on Binance Smart Chain liquidity and signs of slowing technical momentum suggest investors should remain cautious.
Key points to watch: Will activity on MemeCore’s own blockchain (such as total value locked and new decentralized apps) grow independently of Binance Smart Chain? Also, keep an eye on the regulatory progress of the MemeCore-KOSDAQ partnership, which could boost institutional confidence.
What could affect the price of M?
MemeCore’s price is caught between excitement from meme-driven hype and challenges related to real-world use and regulations.
- MemeX Liquidity Festival (Positive) – An event in August 2025 offering rewards to encourage trading.
- Korean Regulatory Efforts (Mixed) – Plans to acquire a Korean company to enable KRW/$M swaps face delays.
- Derivatives Market Risks (Negative) – High levels of leveraged trading could lead to sharp price drops.
In-Depth Look
1. MemeX Liquidity Festival (Positive Impact)
What’s happening:
In August 2025, the MemeX Festival will reward trading of MRC-20 tokens. Similar past events caused MemeCore’s price to jump by nearly 600% in July. The project also plans to make it easier for tokens to list on centralized exchanges by lowering the minimum market value requirement from $5 million to $1 million, which could help the ecosystem grow faster.
What this means for you:
This event could spark another wave of buying and excitement like in July. However, the real test will be whether people keep trading and using the tokens after the event ends. If interest fades, prices might drop as traders sell off their holdings (Coingape).
2. Korean Expansion & Regulatory Challenges (Mixed Impact)
What’s happening:
MemeCore aims to buy a company listed on Korea’s KOSDAQ stock exchange by late 2025. This move is meant to help the project get official approval (VASP/ISMS certification) to allow swapping between Korean won (KRW) and $M tokens. However, South Korea’s financial regulators have never approved a foreign blockchain project for this status, so the timeline is uncertain.
What this means for you:
If approved, MemeCore could tap into one of Asia’s largest crypto markets. But delays or rejection could slow down growth. Also, the requirement for validators to stake 7 million $M tokens might concentrate control, which goes against the idea of decentralization (The Block).
3. Risks from Derivatives Trading (Negative Impact)
What’s happening:
In September 2025, the total value of open futures contracts across crypto hit $220 billion. MemeCore’s funding rates turned negative, meaning traders betting against the price are gaining ground even as the spot price rises. This suggests many are using leverage to short the token.
What this means for you:
High leverage (8 to 10 times the spot trading volume) increases the risk of forced sell-offs if prices drop. A 10% decline could wipe out over $10 billion in long positions across the market, which could hurt MemeCore’s liquidity since most trading happens on PancakeSwap, a smaller exchange. Keep an eye on Bitcoin’s price support at $104,500 as an indicator of overall market health (MEXC).
Summary
MemeCore’s price outlook depends on balancing the excitement from the August MemeX Festival, navigating Korea’s regulatory hurdles, and avoiding sharp drops triggered by leveraged trading. While some market indicators suggest it’s a good time to take risks, others warn to be cautious. Key things to watch:
- Participation levels in the MemeX Festival (aiming to beat July’s 598% price jump)
- Timing of regulatory decisions from Korea’s FSC
- Bitcoin’s market dominance (currently 57.81%) as a sign of liquidity and market stability
Will MemeCore’s “Proof-of-Meme” survive the potential sell-off in September?
What are people saying about M?
MemeCore’s community is on an exciting ride powered by memes. Here’s what’s trending right now:
- Ambitions to list on KOSDAQ spark regulatory discussions
- The MemeX Festival is driving strong retail interest and FOMO (fear of missing out)
- New all-time highs (ATHs) in price face skepticism from futures traders
Deep Dive
1. @Kaiweb30: Positive outlook for MemeCore’s Layer-1 upgrade
“$M jumped 9.82% to $2.18, thanks to new EVM compatibility and $5.7 million in rewards from the MemeX Festival”
– @Kaiweb30 (21.3k followers · 189k impressions · 2025-09-12 13:28 UTC)
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What this means: This is good news for $M. The upgrade to support EVM (Ethereum Virtual Machine) makes it easier for developers to build on MemeCore, and the festival rewards are attracting traders and users ahead of the August event.
2. @johnmorganFL: Mixed feelings about Korean regulatory strategy
“Buying a KOSDAQ-listed company to register as a Virtual Asset Service Provider (VASP) — smart move or regulatory risk?”
– @johnmorganFL (47k followers · 312k impressions · 2025-07-25 09:08 UTC)
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What this means: Opinions are divided. Accessing the South Korean market could bring in Korean won liquidity, but so far, no foreign blockchain project has received approval from the Financial Services Commission (FSC) (Coingape).
3. @AMBCrypto: Price hits new highs but futures traders are cautious
“$M reached a new high of $2.55 on spot market buying, but futures funding rates turned negative as more traders bet on price drops” (source)
– AMBCrypto (3.2M monthly readers · 2025-09-14)
What this means: There’s a split in sentiment. While the spot market shows strong buying, futures traders are betting against the price holding up, which could lead to volatility or price squeezes.
Conclusion
The overall view on MemeCore is optimistic but cautious. Its combination of meme culture and technical upgrades, along with expansion into Asian markets, is generating excitement. However, concerns remain about validator centralization (requiring 7 million $M tokens to stake) and how the token’s economics will play out after the festival. Keep an eye on MemeX Festival participant numbers after August 4 to see if the hype turns into lasting interest.
What is the latest news about M?
MemeCore is riding the wave of meme-driven excitement to reach new highs, but traders in derivatives markets remain cautious. Here’s the latest update:
- New All-Time High (ATH) During Spot Market Rally (September 14, 2025) – The price jumped 12% to $2.55, fueled by strong buying from retail investors.
- Entry into the Korean Market via KOSDAQ (September 13, 2025) – MemeCore acquired a company listed on KOSDAQ to meet regulatory requirements.
- Expansion of the MemeX Ecosystem (July 24, 2025) – Launch of a no-code token creation platform and staking apps to increase utility.
Deep Dive
1. New All-Time High During Spot Market Rally (September 14, 2025)
Overview:
On September 14, MemeCore’s price reached $2.55, supported by a significant positive Buy-Sell Delta of 17,300 in spot markets (CoinGlass). However, futures traders showed caution, with 63.5% of positions being short and funding rates turning negative for two days.
What this means:
The price increase is mainly driven by retail investors speculating on the coin, but institutional traders remain skeptical. If the price falls below $2.10, it could lead to a 20% drop unless positive technical signals appear.
2. Entry into the Korean Market via KOSDAQ (September 13, 2025)
Overview:
MemeCore completed the acquisition of a company listed on KOSDAQ to pursue Virtual Asset Service Provider (VASP) registration and Information Security Management System (ISMS) certification in South Korea by the end of 2025. This move will enable Korean won (KRW) to $M swaps and support development of localized decentralized apps (dApps).
What this means:
This is a positive step for long-term adoption since South Korea represents about 6% of global cryptocurrency trading volume. Success in this market could strengthen MemeCore’s “Meme 2.0” vision, but it depends on regulatory approval (Bitcoinist).
3. Expansion of the MemeX Ecosystem (July 24, 2025)
Overview:
MemeCore introduced MemeX, a platform that allows users to create tokens without coding, built on its Layer 1 blockchain. The ecosystem now includes staking applications and a governance system powered by $M.
What this means:
This development increases the practical uses of $M beyond just trading. However, 85% of trading volume still happens on PancakeSwap, showing a heavy reliance on liquidity from the Binance Smart Chain (XT Exchange).
Conclusion
MemeCore’s recent price surge and expansion into the Korean market highlight its strong appeal to retail investors and strategic growth plans. However, skepticism from derivatives traders and fragmented liquidity present challenges. The key question is whether the growing ecosystem utility can stabilize the coin beyond typical meme asset volatility. Keep an eye on Korean regulatory updates and how widely MemeX is adopted for signs of future momentum.
What is expected in the development of M?
MemeCore’s roadmap focuses on boosting liquidity in the short term while expanding its regulatory compliance and ecosystem growth over the long term.
- MemeX Bridge Upgrades (Q4 2025) – Lower fees and improve reliability for moving assets across blockchains.
- Korean VASP Compliance (Late 2025) – Enable swaps between Korean won (KRW) and $M through official regulatory approval.
- CEX Listing Criteria Reduction (Q4 2025) – Make it easier for MRC-20 tokens to list on centralized exchanges by lowering financial requirements.
- Asia Expansion (2026) – Enter Japan and Singapore markets using the partnership model developed in Korea.
Deep Dive
1. MemeX Bridge Upgrades (Q4 2025)
Overview: MemeX Bridge, the main tool for transferring MemeCore tokens between blockchains, will be upgraded to fix issues like high minimum fees (currently around 10 $M for transfers from Binance Smart Chain) and occasional reliability problems (jayplayco). Right now, 85% of $M trading volume happens on PancakeSwap (a decentralized exchange on Binance Smart Chain). These upgrades aim to encourage more users to move assets smoothly across different blockchains.
What this means: This is good news for $M holders because easier transfers can increase adoption on MemeCore’s native blockchain. However, there are risks since past problems with lost funds during transfers show the system still needs improvement.
2. Korean VASP Compliance (Late 2025)
Overview: MemeCore plans to acquire a company listed on Korea’s KOSDAQ stock exchange to help register as a Virtual Asset Service Provider (VASP) and get ISMS certification, which are necessary for legal crypto operations in South Korea. This would allow users to swap Korean won (KRW) directly for $M tokens, tapping into South Korea’s large and active crypto market (Coingape).
What this means: This development is cautiously optimistic. Getting regulatory approval could open a major market, but no foreign blockchain has yet received VASP status in Korea, so delays or setbacks are possible.
3. CEX Listing Criteria Reduction (Q4 2025)
Overview: MemeCore will lower the financial requirement for listing MRC-20 tokens (tokens built on MemeCore’s platform) on centralized exchanges from $5 million to $1 million in fully diluted valuation (FDV). This change aims to make it easier for community-driven meme projects to get listed (jayplayco).
What this means: This is positive for the ecosystem because it encourages more token projects and increases the use of $M as the currency for transaction fees (“gas”). However, there is a risk that lowering standards could lead to lower-quality tokens entering the market.
4. Asia Expansion (2026)
Overview: Following the successful partnership model in Korea, MemeCore plans to expand into Japan and Singapore in 2026. These countries have clearer crypto regulations and strong demand for meme coins, making them attractive markets.
What this means: This is a promising long-term growth opportunity. Success will depend on how well MemeCore can adapt its Korea strategy to different regulatory environments in these countries.
Conclusion
MemeCore’s roadmap aims to fix immediate liquidity issues while laying the groundwork for regulatory approval and ecosystem growth, with Korea as a key testing ground. Short-term upgrades could stabilize the platform, and expansion into Asia offers potential for significant growth. The main question is whether regulatory challenges will slow progress or if MemeCore’s meme-driven approach can overcome skepticism and thrive.
What updates are there in the M code base?
MemeCore's software is actively being improved with important updates and fixes.
- Transaction Pool Fixes (July 15, 2025) – Fixed issues where some transactions got stuck by improving how gas fees are checked.
- Block Reward Reduction (July 15, 2025) – Cut block rewards by 73% to help control inflation.
Deep Dive
1. Transaction Pool Fixes (July 15, 2025)
Overview:
There was a bug that let low-fee transactions enter the transaction pool (mempool) but never get processed, which frustrated users.
The update v1.14.4 improved how gas fees are validated, making sure transactions pay enough fees before they enter the pool. This also fixed problems with popular tools like MetaMask and Hardhat, where fee rules didn’t always match up, causing transactions to fail.
What this means:
This is good news for MemeCore because it makes the network more reliable—users won’t have to worry about their transactions getting stuck. Developers also benefit because their tools work better, which could speed up building new apps on MemeCore. (Source)
2. Block Reward Reduction (July 15, 2025)
Overview:
The RewardTree HardFork lowered the block rewards from 112.5 M to 30 M per block, starting at mainnet block 2,300,000.
This change is designed to reduce the number of new coins entering the market, which helps control inflation while keeping the network secure. Before launching on the main network, this update was tested on test networks called Insectarium and Formicarium to ensure stability.
What this means:
This update is somewhat positive for MemeCore. Slowing down the supply growth could help support the value of $M over time. However, validators (those who process transactions) might ask for higher fees to make up for the smaller rewards. Node operators needed to update their software before the change to avoid syncing problems. (Source)
Conclusion
MemeCore is focusing on making the network more stable with transaction fixes and aiming for sustainable growth by cutting block rewards. While these improvements reduce technical issues, the big drop in rewards creates new challenges for validators. It will be interesting to see how this affects $M’s use as both a currency for paying fees and as an investment.