Market Meltdown: MemeCore Crashes 76% as MIM Breaks Peg to $0.50

Abracadabra.money declared emergency measures after its MIM stablecoin fell roughly 50% below its $1 peg, triggering interest rate hikes across all Cauldrons, a halt to Curve bribes, and a suspension of direct incentives.

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.

The $M token crash highlights the risks of low liquidity and concentrated ownership, underscoring governance challenges in meme token projects. The post MEMECORE’s $M token crashes 75%, wiping out $3B in value 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.

The prediction market seeks a valuation near double the $22 billion it hit last month, as a federal-state fight over regulation escalates.

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