MemeCore Token is The New Fartcoin: +200% Gains While Market Tanks

MemeCore (M) has defied the market’s gravity lately as this new meme coin has delivered an eye-popping 219% gain in the past 7 days while other assets in this category are dropping sharply.

During this same period, Pepe (PEPE), Bonk (BONK), and SPX6900 (SPX) have taken steep losses of 6%, 9%, and 11% respectively as altcoin season does not seem to be doing any favors to meme coins.

As a result, MemeCore (M) has now climbed to the 7th spot in this category with a market capitalization of $1.4 billion. Along the way, it has flipped well-established assets like Floki (FLOKI) and dogwifhat (WIF).

So, what’s fueling MemeCore’s rally and what has made it so attractive to make this far in such a short period?

MemeCore is a launch pad that operates in its own layer-one blockchain – the MemeCore mainnet. This purpose-built network aims to become what Hyperliquid is to perpetual futures and we all know what happened to the latter.

On-Chain Data Shows That User Engagement is Rising

On-chain data from MemeCore Scan shows that unique addresses have exploded since February 2025 when the public mainnet was launched, moving from around 162,000 to nearly 4 million at the time of writing.

MemeCore Unique Addresses – Source: MemeCore Scan

This project will compete with well-established launch pads like Pump.fun and LetsBonk but it has an edge – it runs in its own blockchain and this allows it to tweak the network’s operational framework so it fully suits the market’s needs.

MemeCore Scan indicates that nearly 900,000 tokens have been created through this launch pad already. This is only a fraction of the 13 million digital assets minted via Pump.fun in its lifetime. However, this blockchain has only been up and running for 5 months.

The token has a total supply of 5 billion but its circulating supply at the time of writing accounts for just 10% of that total. As its price keeps rising, token unlocks could put some selling pressure on MemeCore.

According to the project’s docs, 58% of the total allocation will go to the community and 40% to top contributors, the Foundation, and early investors. There are no specific details about the vesting period for this significant percentage of the total supply that has been allocated to early contributors and founders.

MemeCore Could Explode to $2 If Big CEXs List the Token

The 4-hour chart shows the strength of the rally that M has experienced in the past couple of days. The token has doubled right after breaking above the $0.7 resistance and could now be targeting the $2 level if this wave of positive momentum continues.

M/USD 4-Hour Chart – Source: TradingView

M already broke above its previous all-time high of $1.38 today after 5 consecutive green candles in this lower time frame.

Trading volumes in the past 24 hours have jumped by nearly 20% to $46 million. Bitget is currently handling the bulk of the trading activity in the spot market.

Market participants seem to be positioning for the upcoming listing on $M in top exchanges like Upbit, Binance, and even Coinbase. If that happens, we could witness an even stronger uptick as volumes are still relatively low as a percentage of the token’s market cap.

If any of these exchanges pick up $M, the price could explode to $2 easily as trading volumes will rise rapidly, which could result in a short-term supply shock.