BREAKING: MemeCore's M Token Collapses 80% in Hours
By Alphacino Editorial Team ·
Quick Take
MemeCore's M token lost 80% of its value in hours with no warning — ZachXBT had flagged insider price support months earlier.
No announcement. No hack. No exploit. Just $3 billion gone.
MemeCore's M token imploded on June 25, shedding roughly 80% of its value in a matter of hours — dropping from around $3 to $0.50 with no official explanation from the team. Nearly $3 billion in market cap evaporated before most traders knew what hit them.
Onchain researcher ZachXBT had flagged concerns as far back as April, noting that M's price appeared to be propped up by insiders. When insider support quietly walked out the door, there was nothing left to hold the price.
The move followed a pattern crypto-native traders recognize instantly: price supported above organic levels for weeks or months, then a sudden exit with no warning and no accountability. By the time the chart started moving, liquidity was already gone.
MemeCore is not a Solana native — but the collapse is a sharp reminder that insider-propped tokens exist across every chain, and the warning signs are almost always visible in onchain data before the dump happens.
As with all meme coins, exercise caution — these assets carry significant risk.
The lesson for Solana traders: ZachXBT's onchain flags are worth your attention. If the smartest wallets aren't holding, you probably shouldn't be either.
Stay ahead of Solana meme coin moves at alphacino.io