MEMECORE’s $M token crashes 75%, wiping out $3B in value

Crypto token memecore plummeted 76% in a single day, dropping from $2.64 to $0.50 before a minor rebound to $0.80. The crash wiped out nearly $3 billion in value, reducing its market cap to $900 million. M Plummets 76% Amid Pump-and-Dump Allegations Memecore (M), a token previously flagged by online sleuth ZachXBT, flash-crashed Thursday, sliding […]

The M token's crash highlights the risks of low trading volume and concentrated supply, urging investors to scrutinize market cap stability. The post MemeCore’s M token plunges 74% in 24 hours, market cap falls below $1B appeared first on Crypto Briefing.

MemeCore M falls over 75% as traders question its $6B valuation, low volume, insider supply claims, and major exchange listings. MemeCore’s token, M, fell more than 75% in 24 hours, according to OKX data. It traded near $0.67436 after the sharp sell-off. The drop followed questions about MemeCore’s reported $6 billion valuation and low trading […] The post MemeCore Crash Sparks Questions Over Major Exchange Listings appeared first on Live Bitcoin News.

MemeCore’s M token plunged in a sudden sell-off, reviving concerns about thin liquidity, insider supply and exchange listing standards.

MemeCore’s M token experienced one of its steepest declines, reporting a 76.31% tumble over the last 24 hours, and is currently trading at $0.6792. The sell-off erased roughly $3 billion in market value and sparked widespread discussion across the crypto market.  The decline followed growing scrutiny over the project’s token

MemeCore has crashed hard over the past 24 hours, dumping by well over 70%.

Critics had questioned how MemeCore maintained a multi-billion dollar valuation despite insiders allegedly controlling 90% of supply.

MemeCore plunged 75% to $0.72 as ZachXBT revived manipulation claims and traders questioned exchange listings and thin liquidity.