BREAKING: MemeCore (M) Crashes 28.7% to $1.34 in Major Selloff
MemeCore (M) has plunged 28.7% to $1.34 in a severe 24-hour selloff, erasing nearly $933 million from its market capitalization.
The token, currently ranked #37 by market cap, dropped from a 24-hour high of $1.89 to a low of $1.29, with the current price settling at $1.34 as of the latest update. Market capitalization now stands at $2.30 billion, down from approximately $3.23 billion yesterday.
Selloff Details
Trading volume reached $15.9 million during the decline, reflecting heightened market activity as investors reacted to the sharp price movement. The token’s price change of -$0.54 represents the most significant single-day loss in recent trading history.
MemeCore’s market cap decline of 28.87% mirrors the price drop, indicating consistent selling pressure across the token’s circulating supply of 1.73 billion M tokens.
Technical Context
The current price of $1.34 sits 54.7% below the token’s all-time high of $2.96, reached on September 18, 2025. However, MemeCore remains up 2,674% from its all-time low of $0.047, recorded on July 4, 2025.
The fully diluted valuation now stands at $7.08 billion, based on a total supply of 5.33 billion tokens and a maximum supply of 10 billion M tokens.
Broader Market Performance
The 30-day performance shows MemeCore down 20.7%, suggesting sustained bearish pressure beyond today’s dramatic selloff. However, the 7-day performance indicates a modest 1.85% gain prior to this decline, highlighting the sudden nature of the crash.
In the past hour, MemeCore has shown a slight recovery of 0.22%, though this represents minimal stabilization following the major downturn.
Market Implications
The sharp decline comes as meme tokens face increased volatility amid broader cryptocurrency market uncertainty. With MemeCore maintaining its position as a top-40 cryptocurrency by market cap despite the selloff, investor attention remains focused on whether the token can establish support at current levels.
The token’s significant gap between circulating supply and maximum supply suggests potential for further dilution, which may factor into investor calculations during this period of price discovery.
This is a developing story. Additional details will be added as they become available.
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