Why did the price of M fall?
MemeCore (M) dropped 5.76% in the last 24 hours, underperforming the overall crypto market, which fell by 1.06%. The main reasons for this decline are:
- Technical breakdown – The price fell below an important support level at $2.65, and the Relative Strength Index (RSI) is close to oversold levels.
- Profit-taking – Large investors, often called whales, sold some of their holdings after a huge 419% gain over the past 90 days.
- Low liquidity risk – Most trading (85%) happens on PancakeSwap, a decentralized exchange on Binance Smart Chain (BSC), which can make the price more volatile.
Deep Dive
1. Technical Support Breakdown (Bearish Impact)
MemeCore’s price dropped below a key technical level known as the 23.6% Fibonacci retracement at $2.65 and also fell below its 7-day simple moving average (SMA) of $2.04. Indicators like the MACD histogram show negative momentum, and the RSI is nearing oversold territory at 35.96 (below 30 is considered oversold).
What this means: Traders who use technical analysis likely sold their positions because the price broke important support levels, signaling potential further declines. The next support level to watch is $1.64, which was a recent low point. Resistance, or a price ceiling, is now around $1.92.
2. Post-Rally Profit Taking (Mixed Impact)
MemeCore had an impressive 419% price increase over the last 90 days. On-chain data reveals that whales sold $11.2 million worth of MemeCore tokens in late July during a similar price pullback (AMBCrypto).
What this means: Early investors are locking in profits after big gains, which is common in meme coins. However, data from derivatives markets shows positive funding rates (0.0094 as of July 16), indicating some traders still expect the price to rise.
3. Liquidity Fragmentation Risks (Bearish Impact)
About 85% of MemeCore’s trading volume happens on PancakeSwap, a decentralized exchange on Binance Smart Chain (BSC). This concentration creates risks because the market has lower liquidity overall. The 24-hour trading volume to market cap ratio is 0.7%, much lower than the crypto market median of 4.7%, according to CoinMarketCap.
What this means: Lower liquidity means fewer buyers and sellers, which can cause bigger price swings during sell-offs. MemeCore plans to register as a Virtual Asset Service Provider (VASP) in South Korea by late 2025, which could improve liquidity if successful, but regulatory challenges remain.
Conclusion
MemeCore’s recent price drop is due to profit-taking after strong gains, technical breakdowns, and liquidity risks tied to its Binance Smart Chain-focused trading. While the community remains interested in the “Proof-of-Meme” concept, traders should watch if the $1.64 support level holds.
Key watch: Can MemeCore stay above its 200-day exponential moving average (EMA), which hasn’t been established yet, especially as Bitcoin’s market dominance rises to 58.75%?
What could affect the price of M?
MemeCore’s price is caught between hype-driven momentum and some underlying risks.
- MemeX Festival (August 2025) – Incentives for liquidity vs. risk of a sell-off after the event
- South Korean VASP Approval – Potential regulatory breakthrough or possible delays
- Proof-of-Meme Adoption – Growth of the ecosystem vs. concerns about validator centralization
In-Depth Look
1. MemeX Liquidity Festival (Mixed Effects)
What’s Happening: The MemeX Festival in August 2025 will reward trading and liquidity provision of MRC-20 tokens, which could increase demand for $M as the main currency. However, 85% of $M trading volume happens on PancakeSwap (CoinMarketCap Community), which raises questions about how well the native blockchain is being adopted.
What It Means: We can expect short-term price boosts from retail traders joining the festival. But if the event doesn’t lead to ongoing use of the tokens, there could be a sell-off afterward. Success will be measured by total value locked (TVL) exceeding July’s $2.8 billion peak and keeping over half of the participants engaged after the festival.
2. South Korean Regulatory Push (Potentially Positive)
What’s Happening: MemeCore plans to complete the acquisition of a company listed on KOSDAQ by late 2025 to register as a Virtual Asset Service Provider (VASP). This would allow trading between Korean won (KRW) and $M. South Korea makes up about 20% of global crypto trading volume, according to Coingape.
What It Means: If approved, this would bring institutional-level liquidity and greater legitimacy to $M in one of Asia’s largest economies. However, delays are likely since no foreign blockchain has yet received Korean VASP status.
3. Proof-of-Meme Consensus Risks (Potential Downside)
What’s Happening: To become a validator, one must stake 7 million $M tokens (around $12.67 million at current prices), which is a high barrier. Only 12 addresses currently hold 1 million or more $M (Nansen).
What It Means: This concentration of tokens among a few validators risks centralizing control of the network, which is a concern for long-term investors. For better decentralization, more MRC-20 tokens need to be widely adopted. Right now, only 4 tokens qualify under the Proof-of-Meme criteria.
Conclusion
MemeCore’s success in late 2025 depends on turning the hype from the liquidity festival into real, lasting use while navigating South Korea’s regulatory process. Traders should watch the number of participants in the August 4 festival and the timeline for the Financial Services Commission’s VASP decision. The big question: Can $M move beyond short-term hype, or will it follow the pattern of failed meme coin rallies seen in 2024?
What are people saying about M?
MemeCore’s community is on an exciting ride fueled by memes, events, and big plans in Korea. Here’s what’s happening right now:
- MemeX Festival buzz – MemeCore’s price jumped 25% ahead of a major August 4 event with $5.7 million in prizes.
- Proof-of-Meme debate – Some worry that rewarding culture might lead to too much control by a few validators.
- Korean expansion – MemeCore’s move to acquire a KOSDAQ-listed company is raising hopes for smoother regulatory approval.
In-Depth Look
1. MemeX Festival Sparks Retail Excitement
@johnmorganFL reports:
"MemeCore surged 25% today despite the overall market downturn – retail investors are jumping into $M ahead of the August 4 $5.7M prize event."
– @johnmorganFL (82K followers · 1.2M impressions · 2025-08-03 15:01 UTC)
See original post
What this means: The festival is driving a short-term price boost as people buy in hoping to win prizes. However, after the event, there could be selling pressure that might lower the price.
2. Proof-of-Meme Raises Concerns About Network Control
@jayplayco points out:
"85% of $M trading volume happens on Binance Smart Chain (BSC), not on MemeCore’s own blockchain. Also, validators need to stake 7 million $M, which means big holders have a lot of control."
– @jayplayco (23K followers · 287K impressions · 2025-07-20 01:28 UTC)
See original post
What this means: This is a warning sign for the long-term health of MemeCore. If most activity is happening off its own blockchain and a few big players control validation, it could limit true decentralization.
3. Korean Regulatory Moves Could Open New Doors
Coingape reports:
"MemeCore’s plan to acquire a company listed on Korea’s KOSDAQ stock exchange aims to get a Virtual Asset Service Provider (VASP) license by late 2025. This would allow trading in Korean won (KRW) but faces scrutiny from Korea’s Financial Services Commission (FSC)."
– Coingape (Verified Publisher · 3.4M monthly readers · 2025-08-02 23:14 UTC)
See original post
What this means: If Korean regulators approve, it could be a big positive for MemeCore, opening up new markets and legitimacy. But delays or rejection could slow down momentum.
Conclusion
The outlook for MemeCore is mixed. On one hand, the MemeX Festival and Korean expansion plans are creating excitement and short-term optimism. On the other hand, concerns about validator centralization and reliance on Binance Smart Chain liquidity raise questions about long-term sustainability. Keep an eye on the MemeX TVL (total value locked) after August 4 and the timeline for the FSC’s regulatory decisions—these will be key to seeing if $M can grow beyond just hype.
What is the latest news about M?
MemeCore is navigating market ups and downs through important partnerships and new exchange listings, but recent price changes suggest investors should be cautious. Here’s a quick update:
- MemeCore Drops 7.7% During Market Sell-Off (October 13, 2025) – The price fell sharply amid U.S.-China trade tensions but bounced back 11% within the same day.
- Partners with Alchemy Pay to Accept Credit/Debit Cards (October 9, 2025) – Now users worldwide can buy $M using regular payment methods.
- Listed on BitMart and LBank Exchanges (July 14, 2025) – This increased trading activity and made $M more accessible to everyday investors.
In-Depth Look
1. MemeCore Drops 7.7% During Market Sell-Off (October 13, 2025)
What happened: MemeCore’s price dropped 7.7% to $2.05 during a $19 billion crypto market downturn caused by worries over U.S.-China trade tensions. Later that day, it recovered 11% as Bitcoin’s price rose above $115,000. Experts say the swings were due to low trading volume and traders closing leveraged positions.
Why it matters: This shows MemeCore is sensitive to big economic events and the behavior of traders using borrowed money. Still, the quick rebound indicates strong interest from retail investors. (AMBCrypto)
2. Partners with Alchemy Pay to Accept Credit/Debit Cards (October 9, 2025)
What happened: MemeCore teamed up with Alchemy Pay to let users buy $M directly with credit or debit cards. This move supports their goal to make $M easier to access and use within their meme-focused ecosystem.
Why it matters: Making it simple to buy $M with regular money could bring in more users. However, long-term success depends on continued interest in MemeCore’s meme-related tools. (X (formerly Twitter))
3. Listed on BitMart and LBank Exchanges (July 14, 2025)
What happened: MemeCore was added to BitMart and LBank exchanges in July, which led to a huge 1,110% price increase in one week. These exchanges also ran trading contests that encouraged more retail investors to join.
Why it matters: While these listings helped increase trading and visibility, most $M trading (85%) still happens on PancakeSwap, a decentralized exchange, showing that MemeCore relies heavily on decentralized markets. (BitMart)
Conclusion
MemeCore’s recent price swings highlight its role as both a high-risk meme token and a growing ecosystem. Partnerships and exchange listings are steps toward making $M more useful, but its price still closely follows overall market trends and retail investor behavior. The upcoming regulatory developments in South Korea could be key to stabilizing MemeCore’s future.
What is expected in the development of M?
MemeCore’s roadmap focuses on growing its ecosystem now while preparing for long-term regulatory approval and expansion.
- Korean Compliance Push (Late 2025) – Working to complete Virtual Asset Service Provider (VASP) registration and ISMS certification to enable direct trading between Korean won (KRW) and $M.
- Bridge Upgrades (Q4 2025) – Lowering the high minimum transfer fees on Protocol Free, MemeCore’s cross-chain bridge.
- East Asia Expansion (2026) – Opening new hubs in Japan and Singapore through local partnerships.
- Proof-of-Meme Expansion (2026) – Allowing more MRC-20 tokens to participate in staking by meeting certain activity and social engagement requirements.
In-Depth Overview
1. Korean Compliance Push (Late 2025)
MemeCore plans to acquire a company listed on South Korea’s KOSDAQ stock exchange to obtain the country’s VASP license and ISMS certification (Coingape). This would allow direct trading between KRW and $M, making MemeCore officially recognized in South Korea’s crypto market, the third largest in Asia. However, South Korea’s Financial Services Commission has not yet approved foreign blockchain projects for VASP status, which adds some regulatory uncertainty.
What this means:
- Positive: Access to KRW liquidity could attract institutional investors and help stabilize $M’s price.
- Negative: If approval is delayed or denied, it could lead to sell-offs since about 85% of $M trading volume currently happens on speculative platforms like PancakeSwap (jayplayco).
2. Bridge Upgrades (Q4 2025)
Protocol Free is MemeCore’s tool for moving tokens between different blockchains. Right now, users face high fees (like a 10 M minimum transfer fee for moving from Binance Smart Chain to MemeCore) and occasional downtime. Planned upgrades aim to reduce fees and improve reliability, especially for Ethereum and Binance Smart Chain users.
What this means:
- Positive: Lower fees and better performance could encourage more users and developers to build on MemeCore.
- Risk: If problems persist, users might switch to alternatives like Meson Network.
3. East Asia Expansion (2026)
Following its listings on BitMart and LBank in mid-2025, MemeCore plans to expand into Japan and Singapore by partnering with local organizations and supporting MRC-20 token projects through grants. This strategy aims to diversify its presence beyond Korea.
What this means:
- Neutral: Expanding geographically can reduce dependence on meme coin hype but will require navigating strict regulations, especially in Japan.
4. Proof-of-Meme Expansion (2026)
Proof-of-Meme (PoM) is MemeCore’s unique way of validating transactions and securing the network. The plan is to allow more MRC-20 tokens to participate in staking, provided they meet certain trading volume and social engagement criteria. Currently, validators must stake 7 million $M tokens, which raises concerns about centralization.
What this means:
- Positive: More participants in PoM could increase $M’s usefulness for governance and staking.
- Negative: High staking requirements might limit who can validate transactions, potentially undermining the network’s community-driven goals.
Conclusion
MemeCore’s roadmap aims to build a stronger, more compliant ecosystem with better infrastructure and wider regional reach. However, challenges remain, especially around regulatory approval in South Korea and maintaining decentralization. While improvements to the bridge and staking system could boost network use, MemeCore still depends heavily on retail investors and meme coin trends.
The key question: Can MemeCore evolve from a speculative token into a reliable blockchain platform before the next market downturn?
What updates are there in the M code base?
MemeCore’s software is actively maintained with important fixes and updates to its economic model.
- Transaction Pool Fix (October 17, 2025) – Fixed stuck transactions by improving gas fee checks.
- Block Reward Reduction (July 15, 2025) – Cut block rewards by 73% to reduce inflation.
- Mainnet Launch (February 2025) – Released a base network compatible with Ethereum tools, using a Proof of Staked Authority consensus.
In-Depth Look
1. Transaction Pool Fix (October 17, 2025)
What happened:
There was a bug causing some transactions with low fees to get stuck and never complete. The update now makes sure transactions meet minimum gas fee requirements before processing.
Technical details:
- Fixed the
ValidateTransactionfunction to properly check gas tips against network minimums. - Added updates to work smoothly with popular tools like MetaMask, Hardhat, and Foundry.
- Node operators need to upgrade to version 1.14.4 to benefit from these fixes.
Why it matters:
This update improves user experience by reducing failed transactions and makes wallet integrations more reliable, which builds trust in the network.
(Source)
2. Block Reward Reduction (July 15, 2025)
What happened:
The RewardTree HardFork lowered block rewards from 112.5 million to 30 million $M tokens per block. This change was first tested on test networks before going live on the main network.
Technical details:
- The fork activated at block number 2,300,000 on the mainnet.
- Validators now earn fewer tokens but the overall token supply growth slows down.
- Added support for private networks to help with testing.
Why it matters:
This change is neutral overall. Lower rewards can help control inflation and support token value over time, but validators might earn less in the short term, which could impact network participation.
(Source)
3. Mainnet Launch (February 2025)
What happened:
MemeCore launched its main network using a consensus method called Proof of Staked Authority (PoSA), which combines staking with rotating validators.
Technical details:
- Based on Ethereum’s Geth client version 1.13.15, rebranded as “gmeme.”
- Included Ethereum Shanghai upgrades and dynamic validator contracts.
- Increased the base transaction fee to 1,500 Gwei to prioritize important transactions.
Why it matters:
This launch is positive for the long term. Compatibility with Ethereum tools makes it easier for developers to build on MemeCore. Higher fees help reduce spam but might make small transactions less practical.
(Source)
Summary
MemeCore’s recent updates focus on making the network more stable (with the transaction fix), improving its economic model (with the block reward cut), and creating a developer-friendly environment (with the mainnet launch). While the fixes improve user experience, the reduced block rewards introduce new challenges for validators. It remains to be seen if staking incentives will need adjustment to keep validators engaged.