MemeCore (M Token)
Last changed 2026-10-10 · Score recalculated — Rescored under Scoring v2, the published formula (avoid.net/scoring): 9 → 26. Problems weighed by who is responsible: the subject's own conduct −65, problems around the subject, caused by others −7.8; legitimacy credit long-running +2; no established finding that it defrauded anyone, so it stays out of the red band. Version history →
Why this score
| Every page starts at | 65 |
| The subject's own conduct | -65 |
| Problems around it, caused by others | -7.8 |
| Long-running | +2 |
| Sum | -6 |
- 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 →Summary
MemeCore is a Layer 1 blockchain project whose native M token collapsed 74-80% on June 25, 2026, erasing approximately $3 billion in market value with no confirmed exploit, hack, or public announcement. On-chain investigator ZachXBT and associated analysts had previously flagged alleged insider control exceeding 90% of the token supply, $7.9 million in suspicious Kraken withdrawals to 18 newly created wallets, and near-zero decentralized exchange liquidity, raising serious questions about the token's valuation legitimacy and the due diligence performed by listing exchanges including Binance, Bybit, Kraken, and Bitget.
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(9 events)
March 2025
MemeCore Foundation announced strategic investment from IBC Group, Waterdrip Capital, AC Capital, and other venture capital firms
CoinLaw3 July 2025
M token listed for spot trading on Binance Alpha, Kraken, Bitget, BingX, HTX, and Hashkey
PR Newswire official announcement30 August 2025
M token reached reported all-time high of approximately $1.15, a 2,400% increase from listing price
CryptoAdventure9 September 2025
MemeCore announced launch of Layer 1 blockchain to structure the meme coin economy
The Block21 March 2026
ZachXBT published initial allegations questioning MemeCore's $6 billion market cap and alleged 90%+ insider supply concentration; M token fell approximately 8% in response
CryptoRank20 April 2026
ZachXBT published detailed on-chain findings identifying $7.9 million in alleged suspicious Kraken withdrawals to 18 newly created wallets linked to suspected team addresses; findings followed the RaveDAO collapse
CryptoTimes25 June 2026
M token collapsed 74-80% in 24 hours, falling from approximately $2.92 to a low of $0.50-$0.51, erasing approximately $3 billion in market cap with no confirmed catalyst, exploit, or official announcement
CoinDesk25 June 2026
ZachXBT publicly demanded answers from Binance, Bybit, Kraken, and Bitget regarding their listing decisions for M; MemeCore issued no public statement
CCNDecision Log
- slot 455360137 · hash 6YJj376EhrT9s7W1ZwqMA76v4Zi44QQgJp8ATKmP2fU7
- slot 428802640 · hash 3Jjq4AqcSJ8Pr36Q6EyPeAM1vNsg3YivtA5gh7Nj5njm
This investigation is cryptographically anchored to the Solana blockchain (2 decisions). 15 of 17 cited source URLs have an Internet Archive snapshot.
model: claude-code-investigator
generated: 6/25/2026, 12:04:34 PM
last updated: 10/10/2026, 6:41:16 PM
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