3h ago

M Is Trading At $4.19, Up 16.9% In 24 Hours And 150.3% Over The Past 30 Days, According To Coingecko Data. The Rally Has Pushed @Memecore_m To A Market Capitalisation Of $7.36 Billion And The Number 17 Spot On Coingecko'S Rankings, Just Days After The Token Hit A Fresh All-Time High Of $4.65 On April 18.

MemeCore is an EVM-compatible Layer 1 blockchain built around what the project calls Meme 2.0, a framework designed to give meme coins utility and structure beyond pure speculation. The chain runs on a proprietary Proof of Meme consensus mechanism, which rewards content creation, community engagement, and on-chain activity rather than validator stake alone.

Every token launched on the network receives an auto-generated Meme Vault, a smart contract pool that distributes incentives to creators, traders, and stakers based on measurable contributions. Native applications include MemeX, a no-code MRC-20 token launcher, Everyswap, a Uniswap v3-style AMM, and PUPA, a rapid token and NFT generation tool.

The $M token is used for gas, staking, governance, and Proof of Meme rewards. Total supply is capped at 10 billion, with 1.76 billion currently in circulation and a fully diluted valuation of $22.4 billion.

The broader context matters here. Meme coins have been among the strongest performing crypto assets in early 2025, and renewed risk appetite returning to markets in April has added fuel. MemeCore broke out of a $2.80 to $3.00 resistance band on April 16 and held that level as support around April 19. Backers include Waterdrip Capital, AC Capital, and IBC Ventures, and the project has a partnership with the NEO blockchain for cross-chain Proof of Meme development.

$M is listed on Bitget, Gate, Kraken, HTX, MEXC, BitMart, and BingX, with daily trading volume running around $23 million.

M Is Trading At $4.19, Up 16.9% In 24 Hours And 150.3% Over The Past 30 Days, According To Coingecko Data. The Rally Has Pushed @Memecore_m To A Market Capitalisation Of $7.36 Billion And The Number 17 Spot On Coingecko'S Rankings, Just Days After The Token Hit A Fresh All-Time High Of $4.65 On April 18.

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