MemeCore M Token Crashes 80% as Insider Claims Swirl
By Alphacino Editorial Team ·
Quick Take
MemeCore's M token lost nearly $3B in market cap overnight with no official explanation — and ZachXBT had called it months ago.
The meme coin space absorbed another brutal shock on June 25 when MemeCore's native M token dropped from roughly $3 to $0.50 in a matter of hours — an 80% collapse that vaporized close to $3 billion in market capitalization and left holders with little to no warning.
What made the move especially jarring was the silence from the team. No exploit announcement, no official communication, no technical incident report. The token just fell — fast, deep, and without explanation.
But for those following blockchain analyst ZachXBT, the alarm bells had already been rung. Back in April, ZachXBT publicly flagged that MemeCore insiders appeared to be artificially propping up the M token's price — a classic manipulation pattern where coordinated buying creates the illusion of demand, only to unwind violently when support is pulled.
That unwinding appears to have arrived. The timing, the scale, and the absence of any clear catalyst all fit the pattern ZachXBT described. Whether coordinated insiders exited their positions or something else triggered the collapse remains under investigation, but the chart tells a story that experienced meme coin traders will recognize immediately.
This is a stark reminder of why on-chain due diligence matters more than narrative in this market. When analysts flag anomalies, it pays to listen. As with all meme coins, exercise caution — these assets carry significant risk. Stay ahead of Solana meme coin moves at alphacino.io