BREAKING: MemeCore (M) Crashes 30% to $1.30 as Market Cap Drops Below $2.3B
MemeCore (M), currently the 37th-largest cryptocurrency by market capitalization, has plunged 30.1% over the past 24 hours to $1.30, according to data updated at 02:29 UTC on February 9, 2026.
The sharp decline has wiped out $970.5 million from MemeCore’s market cap, which now stands at $2.26 billion, down from approximately $3.23 billion just one day ago. The token reached an intraday low of $1.29 after trading as high as $1.89 within the 24-hour period.
Trading Volume Surges Amid Selloff
Trading activity has intensified during the crash, with 24-hour volume reaching $16.2 million as investors react to the price collapse. The token has lost 1.26% in the past hour alone, suggesting continued downward pressure.
MemeCore’s circulating supply stands at 1.73 billion tokens out of a total supply of 5.33 billion and a maximum supply of 10 billion tokens. At current prices, the fully diluted valuation sits at $6.96 billion.
Distance From All-Time High Widens
The current price represents a 56% decline from MemeCore’s all-time high of $2.96, reached on September 18, 2025. However, the token remains up 2,643% from its all-time low of $0.047 recorded on July 4, 2025.
The 30-day price performance shows MemeCore down 24.4%, while the 7-day chart indicates a 1.22% decline, suggesting the majority of today’s losses occurred in a concentrated timeframe.
Market Context
MemeCore maintains its position as the 37th-largest cryptocurrency despite the dramatic price action. The token’s market cap change percentage of -30.03% closely mirrors the price decline, indicating proportional impact across its valuation metrics.
The crash comes amid broader volatility in meme-themed cryptocurrencies, though specific catalysts for MemeCore’s selloff have not been immediately identified. The low 24-hour trading volume relative to market cap suggests relatively thin liquidity may have exacerbated price movements.
This is a developing story and will be updated as more information becomes available.
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