BREAKING: MemeCore Crashes 30.5% to $1.29, Loses $976M in Market Cap
MemeCore (M) has suffered a catastrophic 30.5% decline in the past 24 hours, plummeting from $1.89 to $1.29 and erasing nearly $1 billion in market value.
The sharp downturn has reduced MemeCore’s market capitalization from approximately $3.21 billion to $2.24 billion, representing a loss of $976 million in a single day. The cryptocurrency, which ranks #37 by market cap, recorded a 24-hour trading volume of $14.7 million.
Price Action Details
MemeCore touched a 24-hour low of $1.30 before stabilizing at $1.29, down from its daily high of $1.89. The token has lost 56% of its value since reaching its all-time high of $2.96 on September 18, 2025.
Short-term momentum remains bearish, with MemeCore declining 2.2% in the past hour alone. The 7-day performance shows a 1.7% loss, while the 30-day chart reveals a 23.4% decline, indicating sustained selling pressure across multiple timeframes.
Market Position
With 1.73 billion tokens in circulation out of a total supply of 5.33 billion, MemeCore’s fully diluted valuation stands at $6.89 billion. The maximum supply is capped at 10 billion tokens.
The cryptocurrency has demonstrated significant volatility since its all-time low of $0.047 recorded on July 4, 2025, representing a 2,678% gain from that bottom despite today’s sharp correction.
Market Impact
The 30.4% decline in market capitalization ranks among the most severe single-day losses for a top-40 cryptocurrency in recent months. The selloff comes amid relatively modest trading volume of $14.7 million, suggesting limited liquidity may have amplified price movements.
No official statement has been released by the MemeCore team regarding the cause of the sudden price collapse. Market participants are monitoring for potential catalysts including regulatory developments, security concerns, or broader market sentiment shifts affecting meme-based cryptocurrencies.
This is a developing story. Updates will be provided as more information becomes available.
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