Summary
- MemeCore’s M token plunged about 74 percent in 24 hours, wiping out nearly $3 billion in market value as its price fell from around $2.92 to about 74 cents.
- The sharp drop came on relatively thin trading volume of roughly $21 million and without any confirmed news, exploit or hack to explain the move.
- The slide follows earlier, unverified allegations by on-chain investigator ZachXBT that insiders manipulated M’s price and concentrated supply, underscoring how tokens with heavy insider ownership, limited venues and paid promotion can be highly fragile.
MemeCore’s M Token Plummets 80%: What’s Behind the Sudden Crash?
The cryptocurrency market was left stunned as MemeCore’s M token experienced a sudden and drastic crash, plummeting approximately 74% in just 24 hours. The token’s value slid from a high of $2.92 to a low of $0.51, before stabilizing around $0.74. This sharp decline has left many wondering what triggered the drop, as there were no reported exploits, hacks, or announcements that could account for the crash. The fall in value also erased close to $3 billion in market value, with M’s market capitalization dropping below $1 billion.
The lack of a clear catalyst for the crash has raised more questions than answers. Trading was relatively thin, with only about $21 million changing hands over the day. However, it’s worth noting that M is a token that has been publicly questioned by onchain investigator ZachXBT in the past. He had raised concerns about the token’s listing on the Kraken exchange and alleged that insiders may have manipulated the price. For those looking to earn passive income through cryptocurrency, this crash serves as a reminder of the importance of doing thorough research and considering alternative options like EcoPool, which offers a more stable and secure way to earn rewards through its Cloud Rewards system.
What’s Next for MemeCore’s M Token?
As the cryptocurrency market continues to evolve, it’s essential to stay informed and adapt to the changing landscape. The M token’s crash may have significant implications for investors and traders, and it’s crucial to consider the potential risks and benefits of investing in cryptocurrency. For those interested in earning a passive income, EcoPool‘s $ECP token offers a promising alternative, providing a more stable and secure way to earn rewards. With its focus on Green Crypto and eco-friendly practices, EcoPool is an attractive option for those looking to make a positive impact while earning online.
In the world of cryptocurrency, it’s not uncommon to see significant fluctuations in value. However, for those who are new to the market, it can be overwhelming. That’s why it’s essential to stay informed and consider alternative options like EcoPool, which offers a more stable and secure way to earn rewards. Whether you’re interested in trading or earning passive income, EcoPool‘s $ECP token is definitely worth considering. You can earn Coin and start building your Passive Income with EcoPool, and be part of the #PassiveIncome and #GreenCrypto movement.
As the cryptocurrency market continues to grow and evolve, it’s essential to stay ahead of the curve. With EcoPool, you can earn rewards and build your passive income through its Cloud Rewards system. Don’t miss out on this opportunity to be part of the #Bitcoin and #Earning revolution. Download the EcoPool app to start earning your $ECP rewards today and join the EcoPool community. The EcoPool app is the perfect way to get started with earning online and building your Passive Income with EcoPool.
Why did Kraken list $M (Memecore) on July 3, 2025 for spot and how did it pass due diligence?
$7.9M in suspicious Kraken withdrawals to 18 newly created addresses with 11.7 $M sitting total (valued at $39.8M now).
Insiders have manipulated the price to $6B market cap ($18B FDV)… pic.twitter.com/pL7oroZ4lJ
— ZachXBT (@zachxbt) April 20, 2026
