Why did the price of M fall?
MemeCore (M) dropped 7.55% in the last 24 hours, underperforming the overall crypto market, which fell by just 1.02%. Here’s why:
- Weakness Across Altcoins – Investors are cautious, with the Altcoin Season Index at 25, indicating fear.
- Technical Resistance – MemeCore’s price hit a key resistance level at $2.63 and pulled back.
- Shift in Investor Interest – Money moved toward AI-themed meme coins and low-supply tokens.
1. Market-Wide Caution Hurting Altcoins
The crypto Fear & Greed Index is at 25, signaling extreme fear among investors. Bitcoin’s market share rose to 59.29%, while altcoin trading volume dropped 27.42% over the past month. The Altcoin Season Index is at 29, well below the 75+ level that usually signals altcoin rallies.
What this means:
Investors are playing it safe, favoring Bitcoin over riskier altcoins like MemeCore. Open interest in crypto derivatives fell 8.1% in 24 hours, showing traders are reducing leverage. Meme coins, seen as higher risk, tend to suffer more in these cautious market conditions.
2. Price Hit a Key Technical Barrier
MemeCore’s price faced resistance at the 23.6% Fibonacci retracement level ($2.63), with the 7-day moving average at $2.44 also acting as resistance. The Relative Strength Index (RSI) dropped from 63.84 to neutral, indicating weakening momentum.
What this means:
Traders likely took profits near $2.63, a level that previously stopped rallies in early November. The MACD indicator shows bullish momentum fading, and trading volume fell sharply by 53.4% to $11.7 million, meaning less buying support and a bigger price drop.
What to watch:
If MemeCore falls below the 61.8% Fibonacci support at $2.22, it could lead to further declines. On the other hand, holding above $2.44 might help stabilize the price.
3. Investors Moving Toward AI-Themed Meme Coins
Tokens focused on AI, like ai16z (+21%) and OKZOO (+30%), outperformed on November 1, while traditional meme coins like Dogecoin and MemeCore lagged behind.
What this means:
Money is flowing into AI-related projects, pulling liquidity away from MemeCore. This follows a similar pattern seen in October when MemeCore underperformed during rallies in other sectors like privacy coins (e.g., Zcash). Since 85% of MemeCore’s trading volume happens on PancakeSwap, it’s especially sensitive to shifts in retail investor interest.
Conclusion
MemeCore’s recent decline is due to a mix of overall market caution, technical resistance, and changing investor focus toward AI-themed tokens. While its unique Proof-of-Meme system and upcoming regulatory developments in South Korea offer long-term promise, short-term traders are currently favoring newer trends.
Key point to watch: Can MemeCore hold the $2.22 support level, or will the rise of AI tokens push prices lower? Keep an eye on exchange inflows and the Altcoin Season Index for signs of a market turnaround.
What could affect the price of M?
MemeCore’s price is caught between excitement from meme-driven interest and some underlying risks.
- Regulatory Progress – Approval as a Virtual Asset Service Provider (VASP) in South Korea could open up trading with Korean won (KRW) by late 2025.
- Liquidity Risks – Most trading (85%) happens on PancakeSwap, a platform on Binance Smart Chain (BSC), which could cause price swings if activity there slows down.
- MemeX Festival Effects – An event in August 2025 might boost usage or lead to selling after the hype.
In-Depth Look
1. Entering the Korean Market (Positive but Uncertain)
MemeCore plans to acquire a company listed on Korea’s KOSDAQ stock exchange by the end of 2025. This move aims to get official approval from South Korea’s Financial Services Commission to operate as a Virtual Asset Service Provider (VASP) (source). If successful, MemeCore could offer direct trading pairs with the Korean won and attract institutional investors.
However, no foreign blockchain has yet received this approval, so there’s a risk the process could be delayed or denied. If approved, MemeCore’s price might jump significantly, similar to the 598% increase seen after exchange listings in mid-2025. If not, the current downward trend (a 10.9% drop over the past month) could continue. Keep an eye on updates about ISMS certification expected by December 2025.
2. Heavy Reliance on PancakeSwap Liquidity (Potential Downside)
Currently, 85% of MemeCore’s daily trading volume of $12.7 million happens on PancakeSwap, a decentralized exchange on Binance Smart Chain (source). The team hopes to shift trading to MemeCore’s own decentralized apps (dApps) during the upcoming MemeX Festival.
However, moving liquidity is challenging because the bridge fees require a minimum of 10 $M tokens, and some users have reported reliability problems. This concentration on one platform means if Binance Smart Chain activity slows, MemeCore’s price could become more volatile. Improving the bridge and native-chain liquidity would help stabilize the market.
3. Proof-of-Meme Consensus Model (Mixed Effects)
MemeCore uses a unique Proof-of-Meme (PoM) system where validators must stake 7 million $M tokens (about $16.7 million) to participate. This high cost might limit the number of validators and concentrate control, which can be a risk for decentralization.
Plans to allow staking of MRC-20 tokens in 2026 could spread governance more widely, but this depends on how popular those tokens become. If successful, it might encourage new meme projects and support price growth, similar to the 439% rally over 90 days seen previously.
Conclusion
MemeCore’s future depends on turning current hype into real-world adoption, especially through gaining regulatory approval in South Korea and growing its ecosystem. While the overall altcoin market shows weak momentum (Altcoin Season Index at 25), MemeCore has shown resilience with a 20.37% gain over 60 days. The big question is whether the MemeX Festival can boost liquidity enough to reduce dependence on Binance Smart Chain before key regulatory decisions in late 2025. Watch daily active users and progress on KRW trading pairs for signs of direction.
What are people saying about M?
The MemeCore (M) community is divided between excitement over the upcoming MemeX Festival and concerns about high bridge fees, with exchange listings adding fuel to the momentum. Here’s what’s trending:
- MemeX Festival hype is driving optimistic bets 🚀
- Major exchange listings are increasing retail investor interest and FOMO (fear of missing out) 📈
- Concerns about validator centralization and high fees are causing some caution 🚨
Deep Dive
1. @Kaiweb30: MemeX Festival sparks a 9.8% price rally
“$M surged 9.82% in 24 hours, reaching $2.18 ahead of August’s $5.7 million prize event”
– Kai 🪭 MemeMax⚡️ (52.9K followers · Sept 12, 2025)
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What this means: This is a positive sign for MemeCore as the upcoming MemeX Festival in August 2025 encourages more trading activity. MemeCore is currently ranked #50 on CoinMarketCap with a market cap of $2.26 billion. However, the Relative Strength Index (RSI) is above 80, which suggests the coin might be overbought in the short term, so some caution is advised.
2. @BitMartExchange: Exchange listings trigger an 85% price surge
“MemeCore surged 85% after BitMart listing, with Binance Alpha volume doubling”
– BitMart (1.38M followers · July 14, 2025)
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What this means: The price jump is driven by easier access to MemeCore, as 8 exchanges have added $M trading pairs since July 2025. This has attracted more retail investors. However, 85% of trading volume is still happening on PancakeSwap, which raises concerns about liquidity being too concentrated in one place.
3. @jayplayco: High bridge fees hurt user experience and sentiment
“Bridging $M costs 10 M + 0.01 BNB – terrible user experience. I lost $70 and had to get help on Discord”
– jayplayco (9.4K followers · July 7, 2025)
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What this means: This is a negative sign for wider adoption because expensive and complicated cross-chain transfers (bridging) discourage users. Additionally, validators need to stake 7 million $M tokens, which concentrates control and raises centralization concerns.
Conclusion
The outlook for MemeCore is mixed: positive factors like the MemeX Festival and growing exchange listings are balanced by risks such as validator centralization and poor user experience with bridge fees. Keep an eye on the MemeX Liquidity Festival metrics on August 4, 2025—a total value locked (TVL) above July’s $693 million could signal continued growth, while a sell-off after the event might confirm the skeptics’ concerns.
What is the latest news about M?
MemeCore is staying strong by combining meme popularity with important partnerships and market resilience. Here’s the latest update:
- NEAR Surpasses MemeCore in Market Cap (November 7, 2025) – MemeCore drops to #32 as NEAR’s growing ecosystem sparks a 24% price jump.
- Altcoin Season Slows Down, MemeCore Stays Steady (November 3, 2025) – MemeCore rises 2.2% even though the Altcoin Season Index falls to 25.
- Alchemy Pay Fiat Integration Launches (October 9, 2025) – Users can now buy $M directly using credit cards and popular local payment options.
Deep Dive
1. NEAR Surpasses MemeCore in Market Cap (November 7, 2025)
Overview:
NEAR’s market value jumped to $3.14 billion, overtaking MemeCore’s $2.86 billion. This happened after NEAR expanded its NEAR Intents protocol, which now supports Aptos and Cardano blockchains, with plans to add Litecoin soon. NEAR’s daily trading volume soared 232% to $858 million, helped by increased developer activity and a cut in its inflation rate from 5% to 2.5%.
What this means:
This shift is neutral for MemeCore. It shows investors are moving toward blockchain projects with clear revenue streams and active developer communities. However, MemeCore still benefits from strong meme-driven trading, with its daily trading volume ($12.7 million) being 15 times higher relative to its market cap turnover ratio (0.00513). (Yahoo Finance)
2. Altcoin Season Slows Down, MemeCore Stays Steady (November 3, 2025)
Overview:
The Altcoin Season Index dropped to 25 from 51 a month ago, signaling that investors are becoming more cautious. Despite this, MemeCore’s price increased by 2.2%, supported by technical improvements like better block rewards and tight order books on exchanges.
What this means:
This is good news for short-term traders of MemeCore. Its strong liquidity and meme appeal helped it outperform other coins like DOGE, which fell slightly (-0.1%). Still, long-term gains depend on the overall health of the altcoin market, which remains fragile with Bitcoin dominating 59.3% of the market. (CryptoNews)
3. Alchemy Pay Fiat Integration Launches (October 9, 2025)
Overview:
MemeCore teamed up with Alchemy Pay to let users buy $M using credit cards, Apple Pay, and regional payment methods like Pix in Brazil and PayNow in Singapore.
What this means:
This is a positive step for making MemeCore more accessible to everyday users. By allowing purchases with regular money (fiat), MemeCore lowers the barrier for new users compared to other meme coins that rely only on decentralized exchanges. This could help keep demand steady during times of market volatility. (BD GemX)
Conclusion
MemeCore is balancing its viral meme appeal with important technical upgrades, keeping it relevant even as NEAR gains ground and the market becomes more cautious. While its price dropped 10.9% in the last 24 hours, reflecting wider crypto market weakness, moves like adding fiat payment options position it well for a potential comeback. The big question remains: can its unique Proof-of-Meme system attract enough developers to overcome broader market challenges?
What is expected in the development of M?
MemeCore’s roadmap focuses on expanding regulatory approval, growing its ecosystem, and upgrading its technology.
- Korean Compliance Push (Late 2025) – Completing registration as a Virtual Asset Service Provider (VASP) and obtaining ISMS certification.
- Japan & Singapore Expansion (2026) – Using Korea’s partnership model to enter these new markets.
- Meme 2.0 Ecosystem Upgrade (2026) – Allowing more MRC-20 tokens to participate in the Proof-of-Meme (PoM) consensus.
- Ecosystem Grants (2026) – Offering $100K grants to projects that meet certain volume and value benchmarks.
Deep Dive
1. Korean Compliance Push (Late 2025)
Overview: MemeCore plans to complete the acquisition of a company listed on Korea’s KOSDAQ stock exchange. This will help it gain official VASP status and ISMS certification in South Korea (CoinGape). These approvals will allow easier swapping between Korean won (KRW) and $M tokens, and improve access for institutional investors.
What this means: This is positive for liquidity and regulatory trust. However, delays are possible since South Korea’s Financial Services Commission (FSC) has not yet approved foreign blockchain projects for VASP status. If successful, this could stabilize $M’s price by attracting more Korean retail and institutional investors.
2. Japan & Singapore Expansion (2026)
Overview: MemeCore aims to apply the same partnership-driven approach used in Korea to enter Japan and Singapore, two markets known for their interest in meme coins.
What this means: This move could diversify MemeCore’s user base and increase adoption. However, Japan’s strict crypto regulations and Singapore’s competitive market may slow progress. Success will depend on how well MemeCore aligns with local rules and builds partnerships.
3. Meme 2.0 Ecosystem Upgrade (2026)
Overview: The Proof-of-Meme (PoM) consensus mechanism will expand to include more MRC-20 tokens, provided they meet certain trading volume and momentum requirements (jayplayco). This means more tokens can be staked to help secure the network and earn rewards.
What this means: This upgrade could increase the usefulness of the network by rewarding validators with both $M and MRC-20 tokens. However, the current requirement to stake 7 million $M tokens may limit participation to larger holders, which could discourage smaller validators and lead to centralization.
4. Ecosystem Grants (2026)
Overview: MemeCore will offer $100,000 grants to projects that have at least $5 million in total value locked (TVL) or 100,000 transactions on other blockchains, encouraging them to build on MemeCore’s platform (X post).
What this means: This is good news for developer activity and cross-chain growth. However, since grant payments are split into stages (25% upfront, 50% after milestones), projects with limited cash flow might struggle to keep up, which could lead to some dropping out.
Conclusion
MemeCore’s roadmap carefully balances regulatory compliance, geographic growth, and incentives to build its ecosystem. Achieving Korean regulatory approval and offering grants could boost adoption significantly. Still, challenges like potential validator centralization and regional regulatory hurdles remain. The big question is whether MemeCore’s “viral economy” can keep growing after 2025 or if it will face the same challenges that slowed down earlier meme coins.
What updates are there in the M code base?
MemeCore is improving its technology to make the ecosystem more scalable and easier for users to access.
- Protocol Free Bridge Upgrades (August 2025) – Lower fees and better reliability for moving assets between blockchains.
- Proof-of-Meme Consensus Expansion (Q4 2025) – More MRC-20 tokens can now be staked, with certain activity requirements.
- MemeX No-Code Tool Integration (July 2025) – A simple tool for creating tokens and NFTs without coding, now built into MemeCore.
Deep Dive
1. Protocol Free Bridge Upgrades (August 2025)
Overview: MemeCore improved its cross-chain bridge after users complained about high fees (like a 10 $M minimum fee for transfers from BNB to MemeCore) and occasional connection issues. The update makes fee calculations more efficient and adds a “Tunnel” feature that allows users to send multiple transfers at once.
What this means: This is good news for MemeCore because cheaper and faster transfers can bring more funds into its network. However, the 10 $M minimum fee is still a barrier for smaller users. (Source)
2. Proof-of-Meme Consensus Expansion (Q4 2025)
Overview: MemeCore plans to let more MRC-20 tokens participate in staking through its Proof-of-Meme (PoM) system. To qualify, tokens must have at least $500,000 in trading volume over 30 days and show a monthly price increase of 15% or more.
What this means: This change encourages growth in the ecosystem but comes with a catch: validators need to stake 7 million $M tokens, which could lead to fewer people controlling the network. Node operators must update their software by December 15, 2025. (Source)
3. MemeX No-Code Tool Integration (July 2025)
Overview: MemeX is a no-code platform that lets users create tokens and NFTs quickly. It’s now integrated into MemeCore’s mainnet, which supports Ethereum-compatible smart contracts. Users can launch assets in under two minutes using ready-made templates for meme coins, decentralized organizations (DAOs), and collectibles.
What this means: This is a positive step for MemeCore because it lowers the barrier for new creators, potentially increasing activity on the network. In the first month, over 14,000 MRC-20 tokens were created by early users. (Source)
Conclusion
MemeCore is focusing on building a stronger foundation to turn meme popularity into lasting value. Upgrades to the bridge improve liquidity flow, PoM changes encourage ecosystem growth, and the no-code tool makes token creation accessible to everyone. Although most development work is still done by a small core team (85% of updates come from 4 contributors), these updates show a clear move toward long-term success. The big question remains: will easier access balance out concerns about too much control by a few validators?