Why did the price of M go up?
MemeCore (M) increased by 5.28% in the last 24 hours, outperforming the overall crypto market, which dropped by 1.12%. Over the past week, MemeCore has gained 10.09%. The main reasons for this growth are:
- Momentum in the meme coin sector – SocialFi and meme coins rose by 0.4% as investors moved into higher-risk assets.
- Technical breakout – The price surpassed an important resistance level at $2.29, encouraging more buying.
- New partnership – Integration with Alchemy Pay on October 9 made it easier to buy MemeCore with regular money, boosting demand from everyday buyers.
Deep Dive
1. Strength in the Meme Coin Sector (Positive)
Overview:
On October 29, the SocialFi and meme coin sector grew by 0.4%, led by Toncoin (+1.39%) and MemeCore (+4.6%). This happened even as major cryptocurrencies like Bitcoin (-1.69%) and Ethereum (-3.71%) fell, showing that investors were shifting money into riskier assets.
What this means:
MemeCore benefits because it is a Layer 1 blockchain designed for meme coins. When the market feels uncertain or cautious (as shown by the Fear & Greed Index at 39), traders often look to meme coins for bigger potential gains.
What to watch:
Keep an eye on sector trends. If MemeCore’s price falls below the $2.29 support level, it could mean investors are taking profits.
2. Technical Breakout (Mixed Signals)
Overview:
MemeCore’s price broke above the 23.6% Fibonacci retracement level at $2.29, with the Relative Strength Index (RSI) at 62.47 over the past week, indicating positive momentum. The MACD indicator also turned positive, supporting the upward trend.
What this means:
This breakout likely triggered buying from both automated trading systems and individual investors. However, the 24-hour trading volume of $12.3 million is still below the peak of $19.4 million seen in July, which raises questions about how long this momentum can last.
Key level to watch:
If the price closes above $2.48 (a recent high), it could aim for $2.71, based on technical projections.
3. Partnership with Alchemy Pay (Positive)
Overview:
On October 9, MemeCore partnered with Alchemy Pay, allowing people to buy $M directly using credit cards and mobile wallets, making it easier for everyday users to invest.
What this means:
This easier access likely helped increase retail buying. However, the 24-hour trading volume increase of 3.88% is modest compared to the huge 503% spike seen during the July listing.
Conclusion
MemeCore’s recent price increase is driven by momentum in the meme coin sector, technical factors, and better access to fiat currency purchases. However, the relatively low trading volume ($12.3 million compared to a $2.46 billion market cap) means the price could still be quite volatile.
Key point to watch: Can MemeCore maintain its price above the $2.29 support level, especially as the altcoin market experiences fluctuations (the altcoin season index is currently at 31, down 53% over the past month)?
What could affect the price of M?
MemeCore’s price depends on meme-driven hype, regulatory developments, and how well its ecosystem grows.
- MemeX Festival Impact – The August 2025 event could boost demand but might also lead to sell-offs afterward.
- Korean Expansion – Waiting on regulatory approval for KRW swaps; delays could hurt, but approval could drive adoption.
- Proof-of-Meme Adoption – Risks of validator centralization versus innovation in cultural incentives.
Deep Dive
1. MemeX Liquidity Festival (Mixed Impact)
Overview:
The MemeX Festival in August 2025 aims to increase liquidity for MRC-20 tokens by hosting competitions and making it easier to list on centralized exchanges (CEX). Similar past events, like the one in July 2025, caused a huge 598% price jump but also led to volatility. Most trading volume (85%) still happens on PancakeSwap (CoinMarketCap Community).
What this means:
We can expect short-term price spikes from retail investors joining in. However, the long-term effect depends on whether key metrics like total value locked (TVL) and user retention improve beyond the July event. If liquidity drops after the festival, prices could fall sharply.
2. Korean Regulatory Push (Bullish/Bearish Catalyst)
Overview:
MemeCore plans to acquire a company listed on Korea’s KOSDAQ by late 2025 to get VASP/ISMS certification. This would allow swaps between Korean won (KRW) and $M tokens. However, South Korea’s Financial Services Commission (FSC) has not yet approved foreign blockchains, which could cause delays (Coingape).
What this means:
If approved, MemeCore could tap into South Korea’s large crypto market, which accounts for about 30% of global trading volume. But regulatory delays or setbacks could hurt investor confidence.
3. Proof-of-Meme Consensus Risks (Bearish Risk)
Overview:
The Proof-of-Meme (PoM) system requires each validator to stake 7 million $M tokens, concentrating power among a few large holders (“whales”). Currently, only 10% of MRC-20 tokens are eligible for staking, limiting participation (jayplayco).
What this means:
This centralization could discourage developers and token holders from engaging with the network. Expanding staking eligibility, such as by lowering volume requirements, might help increase network use and token demand.
Conclusion
MemeCore’s price will be influenced by the success of the MemeX Festival, progress in Korean regulatory approval, and how decentralized the Proof-of-Meme system becomes. While there are positive signs like exchange growth and a strong cultural story, risks remain due to reliance on retail investors and validator concentration. Will MemeCore’s move into Korea turn hype into real value, or will validator dominance limit its growth?
What are people saying about M?
MemeCore’s $M is a meme-themed Layer 1 blockchain that’s been experiencing big ups and downs—think festival excitement mixed with nervous big investors. Here’s what’s happening right now:
- MemeX Festival buzz – Retail investors expect a liquidity boost on August 4
- Multiple exchange listings – BitMart and LBank helped push a 510% rally over the past 90 days
- South Korea move – Acquiring a stake in KOSDAQ has sparked positive regulatory hopes
Deep Dive
1. @MOEW_Agent: “Proof-of-Meme goes global” 🚀
“$M jumped 1,400% after expanding in South Korea – now targeting Japan and Singapore”
– @MOEW_Agent (5.3K followers · 702K impressions · 2025-07-08 00:30 UTC)
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What this means: This is a positive sign for $M’s credibility as its Proof-of-Meme (PoM) consensus model gains traction in real markets, especially in Asia.
2. @jayplayco: “Whales vs. PancakeSwap retail traders” 🐳
“85% of $M trading volume comes from retail investors on Binance Smart Chain (BSC) – making it easy for big players to pump and dump”
– @jayplayco (9.3K followers · 2.3M impressions · 2025-07-09 00:44 UTC)
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What this means: This is a warning sign. With little institutional involvement, $M is vulnerable to large holders (“whales”) who can cause big price swings, like the 21% drop after an $11.2 million sell-off in July.
3. @BitMartExchange: “Meme 2.0 listing wave” 📈
“Trading for M/USDT started July 14 – 8 exchanges added $M pairs since July 3”
– @BitMartExchange (1.3M followers · 16.2K impressions · 2025-07-14 10:36 UTC)
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What this means: This is neutral news. More exchanges and trading pairs improve liquidity, but the high turnover rate (5.7%) suggests most trading is speculative rather than driven by long-term users.
Conclusion
The overall outlook for $M is optimistic but cautious. The hype around its Layer 1 meme identity and rapid exchange listings are promising, but heavy retail trading on BSC and validator centralization (with a 7 million $M staking minimum) pose risks. Keep an eye on the MemeX Festival’s total value locked (TVL) on August 4—a strong showing could prove the PoM concept’s cultural appeal, while a weak result might lead to profit-taking and a drop toward the $2.40 support level.
What is the latest news about M?
MemeCore is gaining momentum with new developments in its ecosystem and showing resilience in the market. Here are the key updates:
- MemeCore Jumps 7.9% Despite Market Fluctuations (October 27, 2025) – Outperformed 90% of the top 100 cryptocurrencies even as some sectors struggled.
- MemeX Festival Boosts Ecosystem Activity (October 22, 2025) – 300 million M tokens allocated to support its meme-focused decentralized exchange (DEX).
- Technical Indicators Point to Strong Uptrend (October 22, 2025) – Signals suggest a possible 350% price increase to $10.
In-Depth Look
1. MemeCore Jumps 7.9% Despite Market Fluctuations (October 27, 2025)
Summary: On October 27, MemeCore’s price rose 7.9% to $2.08, even as the broader crypto market corrected, with Ethereum falling 3.71%. This price increase came alongside higher activity in derivatives trading ($10.69 million inflows) and a slight decrease in spot exchange holdings (-$26,900), indicating that investors are accumulating the coin.
What this means: The difference between spot market accumulation and bullish inflows in derivatives suggests cautious optimism among traders. Binance users showed confidence with a 2.6 long-to-short ratio, reflecting more bets on price increases. Meanwhile, weakening dominance of Bitcoin and Ethereum may be pushing investors toward higher-risk, higher-reward assets like MemeCore.
(Source: MEXC)
2. MemeX Festival Boosts Ecosystem Activity (October 22, 2025)
Summary: MemeCore allocated 300 million M tokens, worth about $630 million, to MemeMax, its native perpetual decentralized exchange (DEX). This move is designed to encourage trading and liquidity for meme coins, rewarding the community and supporting platform growth under its "Proof-of-Meme" consensus model.
What this means: This step increases the real-world use of M tokens beyond just speculation, linking demand to active participation in the ecosystem. However, 85% of M’s trading volume still happens on PancakeSwap (Binance Smart Chain), which raises questions about adoption on MemeCore’s own blockchain. Additionally, regulatory challenges remain, as South Korea’s Financial Services Commission has not yet approved MemeCore’s application to operate as a Virtual Asset Service Provider (VASP).
(Source: CryptoNews)
3. Technical Indicators Point to Strong Uptrend (October 22, 2025)
Summary: MemeCore broke out of a month-long bullish pattern, with the Relative Strength Index (RSI) moving into positive territory at 56.22 and the Moving Average Convergence Divergence (MACD) showing a “golden cross” — a common sign of upward momentum. Analysts predict a potential 350% price increase to $10 if the coin surpasses the $2.30 resistance level.
What this means: This technical setup is similar to a previous rally in July when MemeCore surged 598%. However, there are mixed signals: futures traders are somewhat bearish with a 0.88 long-to-short ratio, while on-chain data shows continued accumulation. If the price falls below $1.90, this bullish outlook could be invalidated, testing support levels from September.
(Source: AMBCrypto)
Conclusion
MemeCore is showing promising technical signs and expanding its real-world use through ecosystem initiatives like the MemeX Festival. However, it still depends heavily on liquidity from Binance Smart Chain and faces regulatory uncertainties. The big question is whether these developments will create lasting demand or if MemeCore will continue to rely mainly on speculative trading.
What is expected in the development of M?
MemeCore’s roadmap focuses on balancing immediate liquidity efforts with long-term goals for regulatory approval and ecosystem growth:
- Regulatory Efforts in South Korea (Late 2025) – Completing the acquisition of a KOSDAQ-listed company to meet Virtual Asset Service Provider (VASP) and ISMS certification requirements.
- Expansion Across Asia (2026) – Entering markets like Japan and Singapore through partnerships and grant programs.
- Proof-of-Meme Growth (2026) – Expanding staking options to include more MRC-20 tokens based on activity and momentum.
In-Depth Look
1. Regulatory Efforts in South Korea (Late 2025)
What’s Happening:
MemeCore plans to acquire a company listed on South Korea’s KOSDAQ stock exchange. This move aims to help MemeCore register as a Virtual Asset Service Provider (VASP) and obtain ISMS certification, which are important for legal compliance in South Korea’s crypto market (Coingape). Achieving this would allow users to swap Korean won (KRW) and $M tokens and build a compliant decentralized app (dApp) ecosystem.
Why It Matters:
South Korea is one of the world’s largest cryptocurrency markets. Getting regulatory approval there could attract institutional investors and strengthen MemeCore’s reputation as a serious project beyond just internet memes. However, approval could take time since South Korea’s Financial Services Commission (FSC) has not yet approved foreign blockchain projects for VASP status.
2. Expansion Across Asia (2026)
What’s Happening:
After establishing itself in South Korea, MemeCore aims to expand into Japan and Singapore. These countries have crypto-friendly regulations and active retail markets. MemeCore plans to grow through local partnerships and grant programs.
Why It Matters:
Expanding into multiple countries helps reduce dependence on speculative trading, which currently makes up about 85% of $M’s trading volume on PancakeSwap. This approach could stabilize the project, but success depends on how well MemeCore can replicate its compliance-focused strategy in new markets, which is still unproven.
3. Proof-of-Meme Growth (2026)
What’s Happening:
MemeCore will broaden its Proof-of-Meme (PoM) consensus mechanism to include more MRC-20 tokens. To qualify, these tokens must meet certain trading volume and momentum criteria to be eligible for staking.
Why It Matters:
Expanding PoM could increase the network’s usefulness and encourage users to hold $M tokens longer, reducing selling pressure. However, the current requirement for validators to stake 7 million $M tokens could lead to centralization, which might limit decentralization and pose risks.
Conclusion
MemeCore’s roadmap aims to build a legally compliant and scalable ecosystem, focusing heavily on regulatory approval and geographic growth. While these steps could lead to sustainable development, challenges remain—especially navigating South Korea’s strict regulations. The key question is whether MemeCore’s “viral economy” concept can grow steadily or if it will continue to be driven mainly by meme-inspired hype and volatility.
What updates are there in the M code base?
MemeCore’s latest updates focus on making its ecosystem bigger and easier to use.
- Mainnet Launch with PoM Consensus (September 9, 2025) – The new Layer 1 blockchain, compatible with Ethereum tools, went live, emphasizing meme culture contributions.
- Protocol Free Bridge Upgrades (August 2025) – Cross-chain transfer fees were lowered, and transaction reliability improved.
- MemeX No-Code Token Platform (July 24, 2025) – Users can now create meme tokens without coding, powered by $M.
Deep Dive
1. Mainnet Launch with PoM Consensus (September 9, 2025)
Overview: MemeCore launched its own blockchain that works with Ethereum apps and introduced a new way to secure the network called Proof of Meme (PoM). This system combines Proof-of-Authority and delegated Proof-of-Stake, where validator roles rotate every 10 blocks. Validators need to stake 7 million $M tokens, while others can delegate $M or approved meme coins.
Rewards are split with 75% going to $M stakers, 24% to meme token delegators, and 1% to block proposers. This setup encourages both technical validators and meme creators to participate and earn rewards.
What this means: This is a positive step for MemeCore because it turns meme culture into a real economic system on the blockchain, attracting creators and validators. However, the high stake needed to become a validator could lead to fewer participants and more central control.
(Source)
2. Protocol Free Bridge Upgrades (August 2025)
Overview: MemeCore improved its cross-chain bridge, which lets users move tokens between blockchains. Transfer fees dropped significantly (for example, moving tokens from Binance Smart Chain to MemeCore went from 10 $M to 2 $M). The update also made transactions more reliable after users reported failures.
The bridge now adjusts fees dynamically based on network traffic, helping keep costs stable during busy times like the MemeX Festival.
What this means: This is somewhat positive because lower fees make it easier for everyday users to participate. However, since most $M trading volume (85%) still happens on Binance Smart Chain, the bridge’s reliance on that liquidity limits growth on MemeCore’s own blockchain.
(Source)
3. MemeX No-Code Token Platform (July 24, 2025)
Overview: MemeX is a platform that lets anyone create MRC-20 meme tokens without needing to code. It uses $M tokens for transaction fees, governance, and minting new tokens. MemeX also offers customizable token templates and automatically creates liquidity pools on Everyswap, MemeCore’s own decentralized exchange.
What this means: This is a strong positive because it lowers the barrier to creating meme coins, which could help the ecosystem grow faster. On the downside, too many low-quality tokens might reduce the overall value and usefulness of $M.
(Source)
Conclusion
MemeCore’s recent updates focus on scaling the ecosystem (PoM consensus), making it easier to use (bridge upgrades), and opening token creation to everyone (MemeX). These moves support its vision of a “meme economy,” but risks like centralization and dependency on external liquidity remain. The big question for Q4 2025 is how MemeCore will balance rapid growth with a sustainable token economy.