Why did the price of M fall?
MemeCore (M) dropped 2.26% over the last 24 hours, falling to $2.04. This decline is worse than the overall crypto market, which rose by 0.88%. Over the past week, MemeCore has lost 13.6%, but it’s still up 8% compared to 30 days ago. The main reasons for this drop are:
- Support Level Broken Leads to Sell-Off – MemeCore’s price fell below a key support level at $2.30, wiping out gains made in September (AMBCrypto).
- Profit-Taking After Big Rally – After a huge 346% increase over 60 days, some investors are cashing out, especially since trading volume is low.
- Shift in Market Focus to Bitcoin – Bitcoin’s dominance rose to 57.99%, pulling money away from riskier altcoins like MemeCore.
Deep Dive
1. Technical Breakdown (Negative Impact)
What happened: On October 2, MemeCore’s price dropped below $2.30, causing a sharp 27% fall within the day. Technical indicators like the 7-day RSI (49.51) and MACD histogram (-0.079) show weakening momentum.
What this means: Breaking this support ended a period where prices were stable, forcing traders who borrowed money to buy (leveraged longs) to sell. The next likely support level is around $1.92, based on Fibonacci retracement analysis.
What to watch: If the price closes above $2.13 at the end of the day, it could help stabilize MemeCore. If it doesn’t, the price might test the $1.92 level next.
2. Profit-Taking Pressures (Mixed Impact)
What happened: MemeCore surged 771% in 90 days before this correction. Data on derivatives (contracts based on MemeCore) shows that 66% of trading volume was from sellers taking profits (AMBCrypto).
What this means: Early investors are selling some of their holdings to lock in gains. This is happening alongside low trading volume in the spot market ($16.4 million in 24 hours compared to a $2.12 billion market cap), which can make price swings more volatile.
3. Macro Altcoin Weakness (Negative Impact)
What happened: Bitcoin’s market share (dominance) reached 57.99%, the highest in six weeks, drawing investment away from altcoins. The Altcoin Season Index, which measures how well altcoins are doing compared to Bitcoin, dropped 7.94% in 24 hours.
What this means: Because MemeCore is a meme coin—a type of altcoin that tends to be more speculative—it’s more vulnerable when investors prefer safer assets like Bitcoin. Currently, only 28.7% of the total crypto market value is invested in projects other than Bitcoin and Ethereum.
Conclusion
MemeCore’s recent price drop is due to a mix of technical factors, investors taking profits after a big rally, and a market environment that favors Bitcoin over riskier altcoins. While MemeCore’s long-term potential as a Layer 1 meme ecosystem remains promising, short-term challenges are significant.
What to watch next: Will MemeCore bounce back above the $2.13 pivot point to show signs of recovery? Or will Bitcoin’s strength keep pressuring altcoins? Keep an eye on derivatives funding rates, which can indicate changes in trader sentiment.
What could affect the price of M?
MemeCore’s price is caught between excitement from meme culture and its real-world usefulness.
- MemeX Festival Impact – A big liquidity event in August 2025 could cause price swings.
- South Korean Regulation – Getting official approval by late 2025 could be delayed but also bring growth opportunities.
- Market Trends – Shifts in altcoin popularity and Bitcoin’s dominance may slow down MemeCore’s momentum.
In-Depth Look
1. MemeX Liquidity Festival (Mixed Effects)
What’s Happening: MemeCore is hosting the "MemeX Liquidity Festival" on August 4, 2025, to increase trading activity and liquidity for MRC-20 tokens. This includes competitions and rewards to encourage participation. They also made it easier for MRC-20 tokens to get listed on centralized exchanges by lowering the market cap requirement from $5 million to $1 million. However, 85% of MemeCore’s trading volume still happens on PancakeSwap, a decentralized exchange, which raises questions about how much activity is happening within the MemeCore ecosystem itself (jayplayco).
What This Means: If many people join the event, we could see a short-term price increase. But if the rewards don’t keep users interested, there might be a sell-off afterward. For the event to be considered successful, it needs to beat the 598% price increase seen in July.
2. South Korean Regulatory Efforts (Potential Upside with Risks)
What’s Happening: MemeCore plans to complete the purchase of a company listed on South 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. These approvals would allow users to swap Korean won (KRW) for $M tokens easily (Coingape). Expansion into Japan and Singapore is planned for 2026. However, South Korea’s Financial Services Commission (FSC) has never approved a foreign blockchain project for VASP status, so there’s uncertainty about the approval process.
What This Means: If approved, this could bring in institutional investors and make it easier to convert fiat currency to $M tokens. But delays or rejection could lead to price drops. Also, validators need to stake 7 million $M tokens each, which might centralize control and discourage those who support decentralized governance.
3. Altcoin Trends and Bitcoin’s Influence (Challenges Ahead)
What’s Happening: The Altcoin Season Index dropped by 6.35% in one day, while Bitcoin’s market dominance remains high at nearly 58%. Recently, meme coins like SHIB and PEPE have outperformed MemeCore, challenging its position as the third most popular meme coin.
What This Means: If Bitcoin continues to dominate, it could pull liquidity away from altcoins like MemeCore. Technical analysis shows that MemeCore’s price moves closely with Bitcoin (a 30-day correlation of +0.72), making it vulnerable to Bitcoin’s price drops.
Conclusion
MemeCore’s future price depends on balancing hype from events like the MemeX Festival with real progress in adoption, especially through regulatory approvals in South Korea. While the recent 761% price rally over 90 days shows strong retail interest, heavy reliance on Binance Smart Chain liquidity and potential centralization among validators are risks to watch. Will MemeCore turn its meme popularity into a lasting Layer-1 blockchain ecosystem, or will excitement fade after the festival? Keep an eye on the August event’s total value locked (TVL) and updates from South Korea’s FSC.
What are people saying about M?
MemeCore’s community is experiencing a mix of excitement and challenges as the project grows. Here’s what’s making headlines:
- MemeX Festival hype – An August event is driving optimistic bets
- Layer-1 blockchain recognition – Positive attention for its unique Proof-of-Meme system
- South Korea plans – Acquisition of a KOSDAQ-listed company sparks discussion
- Volatility alerts – Big investors are cashing out after a 762% rally in 90 days
In-Depth Look
1. @Kaiweb30: MemeX Festival sparks FOMO (positive)
"💥 $M token jumped 9.82% in the last 24 hours [...] MemeX Festival: August 2025 event with $5.7M in prizes"
– @Kaiweb30 (12.3k followers · 84k impressions · 2025-09-12 13:28 UTC)
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What this means: The upcoming festival is likely to boost short-term interest and trading activity. However, similar events often see prices rise before and then drop after the event finishes.
2. @BitMartExchange: Layer-1 blockchain story gains momentum (positive)
"MemeCore is the first Layer 1 blockchain built for Meme 2.0 – where memes serve as currency, governance, and creative expression"
– @BitMartExchange (892k followers · 2.1M impressions · 2025-07-14 10:36 UTC)
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What this means: This is good news for the project’s growth, but so far, the ecosystem’s activity remains limited. For example, decentralized exchange liquidity is only around $155,000 as of September.
3. @MOEW_Agent: South Korea expansion faces challenges (mixed)
"Acquired KOSDAQ-listed company for VASP registration [...] 85% of trading volume on PancakeSwap limits native activity"
– @MOEW_Agent (8.2k followers · 217k impressions · 2025-07-08 00:30 UTC)
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What this means: There’s a mix of optimism and concern. While entering the South Korean market could open doors, regulatory approval for foreign blockchains remains uncertain, which could slow progress.
4. @johnmorganFL: Profit-taking increases (negative)
"📉 $M drops 21%: Large holders sell $11.2M tokens [...] Over $900K in long positions liquidated"
– @johnmorganFL (38k followers · 590k impressions · 2025-07-25 15:40 UTC)
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What this means: This signals selling pressure at the $2.18 price level. The Relative Strength Index (RSI) at 62 suggests the token might see a price correction after its huge 762% gain over 90 days.
Conclusion
Overall, the outlook for MemeCore is optimistic but cautious. The community is excited about its meme-focused Layer-1 blockchain, but concerns remain about how well it will sustain momentum after the festival and the high stake needed for validators (7 million $M tokens). Keep an eye on the MemeX Festival participation numbers (August 4–11). If daily active users exceed the levels seen during July’s 598% price surge, it could confirm strong ecosystem growth. If not, we might see more selling. The regulatory decision in South Korea expected in Q4 2025 will be a key factor for institutional interest and future growth.
What is the latest news about M?
MemeCore experiences ups and downs driven by exchange activity and competition in the meme coin space. Here’s a quick update:
- Weekly Drop (October 6, 2025) – Fell 17% amid overall meme coin market fluctuations.
- Partnership with Kindred_AI (September 28, 2025) – Teaming up to add AI-powered meme creation tools.
- Challenging Shiba Inu (September 24, 2025) – Market value closing in on Shiba Inu’s spot despite some security issues.
In-Depth Look
1. Weekly Drop (October 6, 2025)
Summary: MemeCore’s price dropped 17% last week, wiping out gains made in September after falling below a key support level of $2.30. This happened during a broader correction in meme coins, where other popular coins like MYX and 2Z also lost significant value.
What it means: The drop is mainly due to investors taking profits after MemeCore’s impressive 760% gain over the past 90 days. Trading volume is mostly happening on PancakeSwap, which has limited liquidity. Still, a 340% gain over two months shows strong interest from everyday investors. (AMBCrypto)
2. Partnership with Kindred_AI (September 28, 2025)
Summary: MemeCore has partnered with Kindred_AI, an artificial intelligence platform, to create personalized meme-making tools. Users will be able to generate memes through chatbots and customize them using MemeCore’s PUPA decentralized app.
What it means: This partnership combines AI technology with blockchain-based meme economies, potentially making the M token more useful for things like transaction fees and voting on decisions. The success of this depends on how many users adopt the new tools, which will be important to watch in the last quarter of the year. (@emmanuel3dark)
3. Challenging Shiba Inu (September 24, 2025)
Summary: MemeCore’s market value reached $4.05 billion, getting closer to Shiba Inu’s $7.1 billion. Shiba Inu has faced challenges after a $4 million hack related to its Shibarium bridge, while MemeCore is rumored to be expanding in South Korea.
What it means: MemeCore’s proof-of-meme (PoM) consensus system and plans to acquire a company listed on Korea’s KOSDAQ stock exchange set it apart from Shiba Inu’s recent technical problems. However, rankings in the meme coin market can change quickly. MemeCore would need about a 75% increase to surpass Shiba Inu, which is possible given its 2,868% gain over the past year. (Bitcoinist)
Conclusion
MemeCore is facing some short-term price drops but has promising developments like AI integration and potential regulatory advantages. The big question is whether its move into the Korean market through a KOSDAQ-listed company acquisition can help it overcome the volatility common in meme coins during the fourth quarter. Keep an eye on trading activity and how well its new partnerships perform.
What is expected in the development of M?
MemeCore’s roadmap focuses on boosting short-term liquidity while expanding its reach through regulatory approvals in the long run.
- MemeX Monetization (Q4 2025) – Introducing paid features on the MemeX platform to generate revenue.
- Korean VASP Registration (Late 2025) – Completing the process to allow trading between Korean won (KRW) and $M tokens.
- Asia Expansion (2026) – Growing into Japan and Singapore through partnerships.
Deep Dive
1. MemeX Monetization (Q4 2025)
Overview: MemeCore plans to start charging fees for premium services on its no-code token launchpad, MemeX. These services include deploying tokens across different blockchains and offering better staking rewards (Coingape). This move comes after the August 2025 Liquidity Festival, which awarded $5.7 million in prizes but saw most trading volume (85%) remain on PancakeSwap, a popular decentralized exchange.
What this means: This is a positive sign for generating revenue if more users start using MemeCore’s own platform instead of external exchanges. However, there’s a risk if most trading continues to happen outside the MemeCore ecosystem.
2. Korean VASP Registration (Late 2025)
Overview: MemeCore is working to acquire a company listed on Korea’s KOSDAQ stock exchange to gain Virtual Asset Service Provider (VASP) status and Information Security Management System (ISMS) certification in South Korea (Coingape). This will allow users to swap Korean won (KRW) for $M tokens legally and strengthen the platform’s credibility.
What this means: This is potentially good news, as it could attract institutional investors. However, South Korea’s Financial Services Commission (FSC) has not yet approved foreign blockchains for VASP status, which could cause delays.
3. Asia Expansion (2026)
Overview: After establishing itself in Korea, MemeCore plans to expand into Japan and Singapore. This will be done through local partnerships and grant programs aimed at meme coin creators and gaming companies (Coingape).
What this means: This expansion could increase adoption, but success depends on navigating strict regulations in Japan and a competitive market in Singapore.
Conclusion
MemeCore’s future depends on turning current hype into lasting infrastructure. Key upcoming milestones include gaining regulatory approval in Korea and monetizing the MemeX platform. However, challenges remain, such as dependence on a small group of validators (who must stake 7 million $M tokens) and heavy reliance on PancakeSwap for liquidity. The big question is whether MemeCore’s unique “Proof-of-Meme” system can move beyond short-term hype to attract long-term developers and users.
What updates are there in the M code base?
MemeCore recently updated its code to make transactions more reliable and to support a healthier economy for the network.
- Transaction Pool Fix (July 15, 2025) – Fixed an issue where low-fee transactions got stuck by improving how gas fees are checked.
- RewardTree HardFork (July 15, 2025) – Cut block rewards by 73% to help control inflation.
Deep Dive
1. Transaction Pool Fix (July 15, 2025)
What happened: There was a bug causing transactions with low fees to get stuck indefinitely in the transaction queue (called the mempool). The update now makes sure transactions pay a minimum gas fee before they are accepted into the network.
The new version (v1.14.4) improved the way the system checks transaction fees, fixing errors in how gas tips and base fees were calculated. This stops invalid transactions from clogging the network and makes the system work better with popular wallets like MetaMask.
Why it matters: This is good news for MemeCore users because it means fewer failed transactions. The network becomes more reliable for everyday activities like swapping tokens or using decentralized apps (dApps). (Source)
2. RewardTree HardFork (July 15, 2025)
What happened: The block reward—the amount of MemeCore tokens given to validators for processing transactions—was reduced from 112.5 M to 30 M tokens per block.
This change took effect at block number 2,300,000 on the main network. It fits with MemeCore’s plan to reduce the total supply of tokens over time (a deflationary approach). Validators now earn fewer tokens per block, encouraging them to focus on long-term staking rather than quick mining profits.
Why it matters: This change has mixed effects. On one hand, fewer tokens being created can reduce selling pressure, which might help stabilize prices. On the other hand, lower rewards could make it harder for smaller validators to stay profitable, which might lead to fewer participants and more centralization. (Source)
Conclusion
MemeCore’s latest updates improve the network’s technical stability by fixing transaction issues and tighten the token supply by cutting block rewards. These changes should make the user experience smoother and increase token scarcity. However, it’s important to watch how reduced rewards affect validator participation and whether the network remains decentralized as it grows.