As Bitcoin (BTC) builds rebound momentum, most of the cryptos in the meme currency compartment are still heavily in the red. MemeCore (M), dipped nearly 40% in just two hours to hit an intra-day low of $1.21, plummeting all the way from $1.91, according to CoinGecko.
Rug-Pull Or Harsh Correction? Here’s What We Know
According to numerous on-chain sleuths, this drastic price downswing happened right after Meson Finance moved 15.7K MemeCore (M) tokens, dishing all of that stash out between 10 crypto wallets. After that, 15.7K M coins were dumped on OKX, Binance & KuCoin for $233K.
This marks an instance of an extremely fragile meme coin price reaction – whales selling tokens below the $1 million mark rarely test the retail waters. However, the broader sentiment is ultra bearish from a technical perspective. After today’s dip, M trades far below the EMA trend-line.
The whale behavior-tracking Chaikin Money Flow (CMF) dipped to quarterly lows, hinting at big-time crypto investors still cashing out hard. Paired with an all-red position on the Bull Bear Power (BBP) meter, this could spell more trouble for MemeCore’s (M) investors in the near term.
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People Also Ask:
MemeCore is a meme coin on the Base blockchain, launched in late 2024. It gained traction for its community-driven hype but has faced volatility typical of small-cap tokens.
On November 27, 2025, M’s market value plunged nearly 40% in two hours, from around $1.91 to $1.21, amidst stupendously-large selling pressure from a major holder.
Meson Finance is a cross-chain liquidity protocol. They held a large position & transferred 15,700 tokens (~$21K at low) to over 10 addresses, then sold them on exchanges like Kraken, OKX, and Binance—dumping about 50% of their total holdings.
Not definitively—it’s speculative “rug vibes” based on the rapid dump. No evidence of malicious contract code, but the coordinated sales sparked community angst and FUD (fear, uncertainty, doubt).
Price has rebounded to ~$1.30 with strong volume ($40M+ 24h). Monitor on-chain activity and official channels; always DYOR and consider risks in meme coins—volatility is high.
