BREAKING: MemeCore (M) Crashes 30% to $1.31 in Sudden Market Selloff

MemeCore (M) has plunged 30% in the past 24 hours, dropping to $1.31 and wiping out approximately $980 million in market capitalization in what marks one of the most significant single-day declines for the top-40 cryptocurrency.

The token, currently ranked #37 by market cap, fell from a 24-hour high of $1.89 to a low of $1.29, with its market capitalization shrinking from over $3.2 billion to $2.26 billion. Trading volume spiked to $15.9 million as investors rushed to exit positions.

Key Price Metrics

• Current Price: $1.31
• 24-Hour Change: -30.01% (-$0.56)
• Market Cap: $2.26 billion
• Market Cap Loss: $980.3 million
• 24h Volume: $15.92 million
• Price Range: $1.29 – $1.89

Technical Context

MemeCore is now trading 56% below its all-time high of $2.96, reached on September 18, 2025. The token has declined 23.3% over the past 30 days, though it showed slight weekly gains of 0.67% before today’s crash.

The circulating supply stands at 1.73 billion tokens out of a total supply of 5.33 billion, with a maximum supply capped at 10 billion M tokens. The fully diluted valuation currently sits at $6.96 billion.

Market Reaction

Despite the 24-hour bloodbath, MemeCore showed signs of short-term recovery with a 1.2% gain in the past hour, suggesting possible bargain hunting or technical bounces. However, the broader trend remains deeply negative.

The dramatic selloff comes amid increased volatility in the meme coin sector, though no specific catalyst has been immediately identified for MemeCore’s decline. The token maintains its position as a top-40 cryptocurrency by market cap despite the significant losses.

MemeCore has gained over 2,640% from its all-time low of $0.047 recorded on July 4, 2025, but today’s crash represents a major setback for recent holders.

This is a developing story. Data as of February 9, 2026, 01:13 UTC.