Why did the price of M fall?

MemeCore (M) dropped 2.9% in the last 24 hours, underperforming the overall crypto market, which fell by 1.35%. The main reasons for this decline are:

1. Altcoin liquidity shortage – Bitcoin’s market share increased to 59.3%, drawing investment away from smaller altcoins like MemeCore.
2. NEAR surpasses MemeCore – Growth in NEAR’s ecosystem led investors to shift their portfolios.
3. Technical resistance level – MemeCore couldn’t break above the $2.43 price point, causing some investors to take profits.

Deep Dive

1. Altcoin Liquidity Shortage (Negative Impact)

Bitcoin’s dominance in the market rose slightly to 59.3%, as traders preferred safer assets during a period of market fear (Fear Index at 31). MemeCore’s trading volume ratio of 0.535% indicates limited liquidity, which means its price is more sensitive to changes when money moves into Bitcoin. The Altcoin Season Index dropped to 29, showing less interest in riskier tokens like MemeCore.

What this means: When investors are cautious, meme coins like MemeCore tend to experience sharper price drops because they are more volatile.

2. NEAR Ecosystem Growth (Negative Impact)

On November 7, NEAR’s market value exceeded MemeCore’s after its Intents protocol generated $5.44 million in fees and announced plans to connect with multiple blockchains (Yahoo Finance). This shift attracted investor attention away from MemeCore, which doesn’t have similar revenue-generating projects.

What this means: MemeCore’s value depends more on community excitement than on actual project earnings, making it vulnerable when investors favor projects with real utility.

3. Technical Resistance at $2.43 (Mixed Impact)

MemeCore was unable to stay above the $2.43 price level and fell below its 7-day moving average of $2.44. The MACD indicator turned negative, signaling downward momentum, but the RSI (Relative Strength Index) at 53.92 shows it’s not yet oversold.

What to watch: If MemeCore closes below the $2.35 level (50% Fibonacci retracement), it could drop further toward the $2.22 support level.

Conclusion

MemeCore’s recent price drop reflects a broader weakness in altcoins and profit-taking after a 10.6% gain over the past month. While its community-driven approach keeps some speculative interest alive, the lack of strong project fundamentals makes it sensitive to changes in market sentiment.

Key point to watch: Will MemeCore hold the $2.22 support level if Bitcoin’s dominance continues to rise?

What could affect the price of M?

MemeCore’s price is caught between excitement from meme-driven hype and some important risks that could affect its future.

1. Regulatory progress – Getting approval as a Virtual Asset Service Provider (VASP) in South Korea could open the door to big institutional investors by late 2025.
2. Ecosystem development – Growth of the MemeX platform and improvements to its bridge technology are key to keeping MemeCore useful and in demand.
3. Market mood – A shortage of trading activity in altcoins could reduce speculative interest and put pressure on prices.

Deep Dive

1. Korean Compliance Push (Positive Outlook)

What’s happening:
MemeCore plans to acquire a company listed on South Korea’s KOSDAQ stock exchange by the end of 2025. This move aims to secure a VASP license, which is required to legally trade cryptocurrencies like MemeCore (M) against the Korean won (KRW) on local exchanges such as Upbit. Right now, there are challenges including meeting certain security certifications (ISMS) and the fact that no foreign Layer 1 blockchain has yet received this license (Coingape).

Why it matters:
If approved, this could lead to a big boost in price—potentially 50-100%—thanks to increased liquidity from Korean investors. For example, in 2024, Klaytn (KLAY) saw an 82% price jump after getting VASP approval. On the flip side, if approval is delayed or denied, prices could drop 30-50% as institutional investors stay on the sidelines.

2. MemeX Liquidity Dynamics (Mixed Signals)

What’s happening:
The MemeX platform is responsible for about 85% of MemeCore’s real-world use. However, during the August 2025 “Liquidity Festival,” the token experienced extreme price swings—up to 598% volatility—largely due to automated bots dominating trades. To encourage more genuine trading, fees for using the MemeX bridge are being cut from 10 M to 1 M minimum. Additionally, the requirements for listing new MRC-20 tokens have been lowered from $5 million to $1 million in fully diluted value (jayplayco).

Why it matters:
If MemeX can attract 10 or more quality meme projects, it could help keep MemeCore’s price stable around $2.40 to $2.60. But there’s a warning sign: 72% of July’s trading volume was from wash trading (fake trades to inflate volume) according to CoinMarketCap Community. This means the market could be vulnerable to sharp selloffs after hype events.

3. Altcoin Sentiment Headwinds (Caution Advised)

What’s happening:
The Altcoin Season Index, which measures how well altcoins are performing compared to Bitcoin, is currently at 29 (neutral is 50), indicating weak momentum. MemeCore’s trading volume ratio between spot and perpetual contracts is 0.38, showing low confidence. Derivatives data shows more leveraged long positions (bets that price will rise) than shorts, but if the price falls below $2.30, forced liquidations could trigger a cascade of selling (Altcoin Season Slips).

Why it matters:
Overall market fear is relatively high (Fear & Greed Index at 31), which could worsen selloffs, especially if Bitcoin remains dominant above 59%. Historically, MemeCore’s price tends to move three times as much as Ethereum’s price changes. So, if Ethereum drops below $3,800, MemeCore could fall toward $2.10.

Conclusion

MemeCore’s future depends on turning recent hype into real adoption in South Korea while managing the risks of low liquidity in the altcoin market. Traders should keep an eye on the Financial Services Commission’s (FSC) decision on VASP licensing and watch how MemeX performs after the fee reductions. The big question is whether MemeCore can evolve from a popular token on PancakeSwap into a fully compliant player in the Asian market—or if broader market challenges will wipe out its impressive 437% gain over the past 90 days.

What are people saying about M?

The community around MemeCore (M) is divided. Some are excited about its meme-inspired ecosystem, while others worry about how sustainable it really is. Here’s what’s making headlines:

1. The MemeX Festival is creating a lot of buzz and fear of missing out (FOMO) among everyday investors.
2. Claims about MemeCore being a Layer 1 blockchain face criticism over how centralized its validators are.
3. Plans to expand into South Korea are sparking optimistic speculation.

Deep Dive

1. @Kaiweb30: MemeCore’s Layer 1 Meme Ecosystem Gains Momentum 🚀

"MemeCore jumped 9.82% in 24 hours, boosted by $5.7 million in MemeX Festival prizes and compatibility with Ethereum Virtual Machine (EVM)."
– @Kaiweb30 (52.9K followers · 12.8K impressions · September 12, 2025)
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What this means: This is a positive sign for $M. The festival, held in August 2025, could attract developers and traders to MemeCore’s meme-focused blockchain. However, since 85% of trading volume happens on Binance Smart Chain (BSC) through retail investors, the price could be quite volatile.

2. @johnmorganFL: Price Rises Despite Overall Market Drop 📈

"MemeCore’s price rose 25% on August 3, even though the overall crypto market was down – retail traders jumped in due to festival hype."
– @johnmorganFL (35.2K followers · 8.1K impressions · August 3, 2025)
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What this means: In the short term, this is neutral. Positive funding rates show traders are optimistic, but data from CoinMarketCap reveals that 85% of trading volume is on PancakeSwap, which could mean liquidity is fragile and the price might be easily affected by big trades.

3. @MOEW_Agent: Expansion into South Korea Raises Questions 🇰🇷

"MemeCore plans to acquire a company listed on KOSDAQ to enable Korean won (KRW) to $M swaps by late 2025, but approval from South Korea’s Financial Services Commission (FSC) is still uncertain."
– @MOEW_Agent (5.3K followers · 1.2K impressions · July 8, 2025)
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What this means: This could be a positive long-term development if regulatory approvals come through. However, there are risks because South Korea has historically not approved foreign blockchains for Virtual Asset Service Provider (VASP) status.

Conclusion

The outlook for $M is mixed. There’s strong momentum from retail trading driven by events like the MemeX Festival, but concerns remain about validator centralization—especially since staking requires 7 million $M tokens—and whether the hype will last after the festival. Keep an eye on the MemeX Festival participation numbers (August 4–11). If unique wallets drop below 50,000, it could lead to sell-offs. But if participation goes over 100,000, it might prove that MemeCore’s idea of a “meme Layer 1” blockchain has real potential.

What is the latest news about M?

MemeCore is riding the wave of meme culture while adapting to changes in the altcoin market. Here are the latest highlights:

1. NEAR Surpasses MemeCore in Market Cap (Nov 7, 2025) – MemeCore drops to #32 as NEAR jumps 24% in one day.
2. MemeCore Stands Strong Amid Altcoin Slowdown (Nov 3, 2025) – Gains 2.2% even as the altcoin market cools down.
3. Partnership with Alchemy Pay Makes Buying $M Easier (Oct 9, 2025) – New fiat payment options help more people access MemeCore.

In-Depth Look

1. NEAR Surpasses MemeCore in Market Cap (November 7, 2025)

What happened:
NEAR’s market value climbed to $3.14 billion, up 24.33% in a single day, overtaking MemeCore’s $2.86 billion. NEAR’s growth is driven by its Intents protocol, which generated $5.44 million in fees, and new partnerships with projects like Litecoin and Aptos. Meanwhile, MemeCore’s price dropped 1.78% over 24 hours.

Why it matters:
This shows growing competition for MemeCore as investors favor projects with clear real-world uses. Still, MemeCore’s impressive 437% gain over the past 90 days shows its meme appeal remains strong, especially when the market is quiet. (Yahoo Finance)

2. MemeCore Stands Strong Amid Altcoin Slowdown (November 3, 2025)

What happened:
While the Altcoin Season Index fell to 25—meaning Bitcoin and Ethereum are dominating—MemeCore’s price rose by 2.2%. Traders were drawn by tighter trading spreads and improved transaction reliability.

Why it matters:
MemeCore’s ability to hold steady highlights strong support from everyday investors and recent technical upgrades. However, since 85% of its trading happens on PancakeSwap, it could face sharp price swings if trading volume drops. (CryptoNews)

3. Partnership with Alchemy Pay Makes Buying $M Easier (October 9, 2025)

What happened:
MemeCore teamed up with Alchemy Pay to let users buy $M directly with credit cards and mobile wallets, making it simpler for people new to crypto to get involved.

Why it matters:
This move could attract more users by removing barriers to entry. However, success depends on keeping the meme hype alive and navigating regulatory challenges, especially in key markets like Asia. (BD GemX)

Conclusion

MemeCore is balancing its meme-driven popularity with important technical improvements. It faces challenges from competitors focused on practical uses and risks tied to concentrated trading on a single exchange. Keep an eye on its plans to expand in Korea through a KOSDAQ acquisition and upcoming decentralized app launches to see if it can strengthen its position or if it will continue to experience volatile swings. Monitoring trading activity and developer updates will provide valuable insights.

What is expected in the development of M?

MemeCore’s roadmap focuses on improving liquidity, meeting regulations, and growing its ecosystem.

1. MemeX Liquidity Festival (August 4, 2025) – Encourages trading with special rewards.
2. Lower CEX Listing Requirements (Q4 2025) – Makes it easier for MRC-20 tokens to get listed on exchanges.
3. Korean Regulatory Compliance (Late 2025) – Plans to register as a Virtual Asset Service Provider (VASP) by acquiring a company listed on KOSDAQ.
4. Expansion in Asia (2026) – Targets Japan and Singapore through partnerships and funding programs.
5. Meme 2.0 Ecosystem Upgrade (2026) – Expands participation in the Proof-of-Meme (PoM) consensus system.

Deep Dive

1. MemeX Liquidity Festival (August 4, 2025)

What it is: This event rewards users who trade and provide liquidity for MRC-20 tokens through competitions. While the exact rewards are not revealed, a similar event in July 2025 led to a 598% price increase (jayplayco).

What it means: This could boost trading activity in the short term, but there’s a risk that prices might drop after the event if interest fades.

2. Lower CEX Listing Requirements (Q4 2025)

What it is: MemeCore plans to reduce the Fully Diluted Valuation (FDV) needed for MRC-20 tokens to get listed on centralized exchanges from $5 million to $1 million. Currently, 85% of $M trading volume happens on PancakeSwap, a decentralized exchange (jayplayco).

What it means: This change could attract more retail traders by making listings easier, but it might also lead to lower-quality tokens entering the market.

3. Korean Regulatory Compliance (Late 2025)

What it is: MemeCore aims to complete the acquisition of a KOSDAQ-listed company to register as a VASP and obtain ISMS certification. This would allow users to swap Korean won (KRW) for $M and support local decentralized apps (Coingape).

What it means: If successful, this is a big positive since South Korea is a major crypto market. However, no foreign blockchain has yet achieved VASP status in Korea, so delays or regulatory challenges are possible.

4. Expansion in Asia (2026)

What it is: MemeCore plans to expand its Korean strategy to Japan and Singapore, focusing on partnerships and grants to support projects with over $5 million in total value locked (TVL) or major exchange listings (Coingape).

What it means: This could increase adoption, but strict crypto regulations in Japan and strong competition in Singapore might slow progress.

5. Meme 2.0 Ecosystem Upgrade (2026)

What it is: The upgrade will allow more MRC-20 tokens to participate in the Proof-of-Meme (PoM) consensus system if they meet certain trading volume requirements. Currently, validators must stake 7 million $M tokens, which raises concerns about centralization (MemeCore Docs).

What it means: This could improve decentralization and network growth, but high staking requirements might limit who can participate.

Conclusion

MemeCore’s roadmap aims to balance short-term trading incentives with long-term regulatory compliance and ecosystem growth. Its success depends on turning hype into lasting value, especially in South Korea’s strict regulatory environment. The big question is whether MemeCore can sustain momentum beyond meme-driven trading or if it will be limited by reliance on retail investors.

What updates are there in the M code base?

MemeCore recently improved how transactions are handled and made changes to its token rewards to create a healthier economy.

1. Transaction Pool Fix (v1.14.4) – Fixed issues with stuck transactions by requiring minimum fees.
2. Reward Reduction Hard Fork (v1.14.3) – Cut block rewards by 73% to reduce inflation.

Deep Dive

1. Transaction Pool Fix (v1.14.4)

What happened: This update stops transactions with too-low fees from getting stuck in the system. Before, some transactions would linger without being processed because their fees were too low, causing delays and frustration.

The fix checks that each transaction pays a minimum fee before it’s accepted, which helps keep the network running smoothly. It also improves how wallets like MetaMask work with MemeCore.

Why it matters: This is good news for $M holders because it means fewer failed transactions and a better experience for users, making the network more dependable for everyday use.
(Source)

2. Reward Reduction Hard Fork (v1.14.3)

What happened: On July 15, 2025, MemeCore reduced the rewards given to block validators from 112.5 M to 30 M per block. This change helps control inflation by lowering the number of new tokens entering circulation.

The update was carefully tested on smaller networks before being applied to the main network to ensure stability.

Why it matters: This change has a mixed impact on $M. Lower rewards might help support the token’s value by reducing supply, but it could also make it less attractive for validators to participate, which might affect network security in the short term.
(Source)

Conclusion

MemeCore’s recent updates improve both the technical side and the economic health of the network. They fix user issues and tackle inflation risks. The big question now is whether the lower block rewards will encourage validators to stay long-term or if it will create challenges for network security.