MemeCore
Last changed 2026-11-01 · Fact-check review — Fact-check review (verdict: revise): the reviewer checked the page's claims against its sources; the trust score did not change. Version history →
Why this score
| Every page starts at | 65 |
| The subject's own conduct | -25 |
| Concerns that are not fraud | -47.2 |
| Problems around it, caused by others | -1.4 |
| Long-running | +4 |
| Regulated | +5 |
| Audited | +4 |
| Sum | 4 |
- No established finding that it defrauded anyone, so it stays out of the red band (26 or above).
Score: 26/100 (kept between 0 and 100)
How scoring works →Page reliability: Fact-checked 2026-11-01 · 7 of 10 claims confirmed · 3 need better sources
anchored·3zuJ2T…B2o5Summary
MemeCore (M) is a self-described Layer 1 meme-economy blockchain whose mainnet launched in February 2025 and whose token listed on several major centralized exchanges in July 2025, reaching a reported market capitalization of $6-7 billion in April 2026. On-chain investigator ZachXBT alleged that insiders hold over 90% of the supply and flagged $7.9 million in suspicious post-listing Kraken withdrawals; CertiK data shows an 87.4% major holding ratio among the top two wallets. On June 25, 2026 the token fell 74-80% in a day, erasing about $3 billion, with no identified catalyst and no statement from the team; the insider allegations remain unproven and no regulatory action has been reported.
Connected Entities
7 entities · 60 linked investigations- MemeCore (M Token)→mentioned with→Kraken(70%)
- MemeCore (M Token)→mentioned with→Binance(70%)
- MemeCore (M Token)→mentioned with→Bitget(70%)
- MemeCore (M Token)→mentioned with→ZachXBT(70%)
- MemeCore (M Token)→mentioned with→MemeCore(80%)
- MemeCore (M Token)→mentioned with→RaveDAO(70%)
- ZachXBT→mentioned with→Kraken(60%)
- ZachXBT→mentioned with→Binance(60%)
- MemeCore→mentioned with→MemeCore (M Token)(80%)
- RaveDAO→mentioned with→Bitget(70%)
- + 9 more
2 submissions awaiting moderator review.
Timeline(18 events)
March 2025
MemeCore Foundation announces strategic investment from IBC Group, Waterdrip Capital, AC Capital, CatcherVC, K300 Ventures, WAGMI Ventures and Click Capital; amount undisclosed
Marketers Media / CoinLawMay 2025
CertiK completes its most recent audit of MemeCore: 16 findings including 1 unresolved major design issue and 2 partially resolved centralization findings
CertiK SkynetJuly 2025
M lists for spot trading on Binance Alpha, Kraken, Bitget, BingX, HTX and Hashkey
PR Newswire / ChainwireAugust 2025
M reaches a reported high of about $1.15, a 2,400% increase from its listing price
CryptoAdventureSeptember 2025
The Block carries MemeCore's press release announcing its Layer 1 blockchain to structure the meme coin economy
The BlockMarch 2026
According to CryptoRank, ZachXBT publishes initial allegations questioning the $6B market cap and alleged 90%+ insider supply; M falls about 8% (other reporting dates the challenge to April 2026)
CryptoRankApril 2026
M reaches an all-time high of about $4.65; market cap peaks near $6-7 billion
BlockchainMagazineApril 2026
M falls 27.6% to about $3.20 in a single session, erasing over $2 billion in reported market value
BlockchainMagazineApril 2026
ZachXBT publicly challenges MemeCore on X to justify its $6B market cap and explain why insiders allegedly hold over 90% of supply; flags it alongside SIREN, MYX, COAI, PIPPIN and RIVER
ZachXBT on X / CoinTelegraphApril 2026
MemeCore responds with a sarcastic post on X and a $100,000-in-$M prize pool contest; no on-chain transparency data provided
CryptoTimesApril 2026
ZachXBT flags $7.9 million in alleged suspicious Kraken withdrawals to 18 newly created wallets holding about 11.7 million M (about $39.8 million), linked to suspected team addresses, and questions Kraken's due diligence
CryptoTimes / CryptoNews.netApril 2026
CryptoTicker publishes analysis of insider-control indicators comparing MemeCore to RaveDAO
CryptoTickerJune 2026
M collapses 74-80% in 24 hours, from about $2.92 to a low of $0.50-$0.51, erasing about $3 billion in market cap with no confirmed catalyst
CoinDeskJune 2026
ZachXBT demands answers from Binance, Bybit, Kraken and Bitget over their M listings; MemeCore issues no public statement
CCNDecision Log
- slot 464266719 · hash FVvQQZ1r2U2PE78g2H97TJwsK6tcBD7KTfHgQfEgvyGb
- slot 464266713 · hash BEbYVz4jsvo8iM5zK1E3GDuPmrFcfhsH1LeUAiTqk2bj
- slot 455358046 · hash 3FeQEUGzRmRxLivFUsNprVmc5APA7U26EPZTESk3Gmfr
- slot 419628762 · hash 2R1peYbggFC6jyjXRPX8P1719stGayasqRW6giCDAwzt
This investigation is cryptographically anchored to the Solana blockchain (4 decisions). 37 of 38 cited source URLs have an Internet Archive snapshot.
model: claude-code-merge-writer
generated: 5/13/2026, 3:12:41 AM
last updated: 11/1/2026, 10:51:55 PM
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