MemeCore PriceM

As of July 13, 2025, the cryptocurrency market is experiencing significant developments across various sectors, reflecting both growth and challenges.

Market Performance Overview

Bitcoin (BTC) has reached a new all-time high, trading at $118,661, marking a 6.29% increase over the past day and a 26.56% rise since the beginning of the year. The total market capitalization of cryptocurrencies now stands at $3.75 trillion, indicating a 2.4% increase over the past 24 hours.

Ethereum (ETH) is trading at $2,942.58, while Dogecoin (DOGE) has seen a surge, trading at $0.196964. These gains are attributed to supportive risk sentiment and growing political momentum around digital asset legislation.

Institutional Involvement and ETF Growth

Institutional interest in cryptocurrencies continues to grow. U.S. spot Bitcoin ETFs have recorded net inflows of $608 million last week, marking the fifth consecutive week of net inflows. Spot Ether ETFs also saw a net inflow of $42 million last week, compared to a net outflow of $38 million the previous week.

State Street forecasts that cryptocurrency exchange-traded funds (ETFs) will surpass the combined assets of precious metal ETFs in North America by the end of the year. This would position crypto ETFs as the third-largest asset class in the $15 trillion ETF industry, trailing only equities and bonds.

Regulatory Developments

The U.S. Securities and Exchange Commission (SEC) has requested a 60-day pause in its lawsuit against Binance, signaling a potential shift towards a more crypto-friendly regulatory environment. Additionally, the SEC has declared that memecoins are not subject to oversight, indicating a more lenient stance towards certain digital assets.

Government and Policy Actions

President Donald Trump signed Executive Order 14178 on January 23, 2025, titled "Strengthening American Leadership in Digital Financial Technology." This order prohibits the establishment, issuance, or promotion of Central Bank Digital Currency (CBDC) and establishes a group tasked with proposing a federal regulatory framework for digital assets within 180 days.

Furthermore, the U.S. government has established a Strategic Bitcoin Reserve, funded by the Treasury's forfeited Bitcoin holdings. This reserve aims to maintain government-owned Bitcoin as a national reserve asset, reflecting a strategic approach to digital assets.

Global Adoption and Market Expansion

The global number of cryptocurrency owners reached 700 million in April 2025, indicating widespread adoption and interest in digital assets. In Canada, Crypto.com obtained the restricted dealer registration, allowing it to operate within the country's regulatory framework. Additionally, Dubai Finance signed a Memorandum of Understanding with Crypto.com to facilitate government fee payments using cryptocurrencies, showcasing the integration of digital assets into governmental operations.

Market Dynamics and Investor Behavior

The recent surge in Bitcoin's price is attributed to active interest from institutional investors, with stable capital inflows reaching $1 billion per day into American exchange-traded crypto funds (ETFs). This influx has led to the issuance of new shares and the purchase of corresponding amounts of Bitcoin, stimulating additional demand for the cryptocurrency.

However, the market has also experienced volatility. Short traders faced over $1 billion in liquidations as Bitcoin and Ethereum prices soared, with $678 million in BTC and $300 million in ETH shorts wiped out. This indicates a high-risk environment for leveraged positions.

Security Incidents and Resolutions

The decentralized exchange GMX resolved a major hack as the attacker agreed to return stolen funds for a 10% bounty, estimated at $2.4 million of the $24 million exploit. This resolution aims to restore user funds and bolster GMX’s security reputation in the decentralized finance (DeFi) sector.

Conclusion

The cryptocurrency market as of July 13, 2025, is characterized by significant growth, increased institutional involvement, evolving regulatory landscapes, and notable security incidents. Investors and stakeholders should remain vigilant and informed to navigate this dynamic and rapidly evolving market effectively.

MemeCore is the pioneering Layer 1 blockchain designed specifically for the "Meme 2.0" era, aiming to transform meme coins from transient trends into enduring cultural and economic assets. By integrating community-driven virality with a sustainable economic model, MemeCore ensures that every participant, from creators to traders, plays a vital role in the ecosystem.

Founders and Team

MemeCore was founded by Jun Ahn, who serves as the Chief Executive Officer. Before establishing MemeCore, Jun founded 0xLootBox, an investment network with a diverse portfolio, including notable projects like Arc Community. His experience also includes roles at Ledger and Chains.Asia, providing him with a robust background in blockchain and investment networks.

Supporting Jun is Cherry Hsu, the Chief Business Development Officer. Cherry is a seasoned game developer with over seven years of experience in marketing for IT startups. She holds a master's degree in Computer Science from Chang Gung University in Taiwan, bringing a blend of technical expertise and strategic insight to the team.

Venture Capital Backing

MemeCore's innovative approach has attracted significant attention from prominent venture capital firms. In March 2025, the MemeCore Foundation announced a strategic investment from several leading blockchain venture capital firms, including IBC Group, Waterdrip Capital, AC Capital, Catcher VC, K300 Ventures, Wagmi Ventures, and Click Capital.

Technical Architecture

At the heart of MemeCore's functionality is its unique Proof of Meme (PoM) consensus mechanism. This system is designed to guide meme coin projects beyond mere speculation, steering them toward long-term cultural relevance and economic contribution.

Proof of Meme (PoM) Explained

Unlike traditional consensus models, PoM is an evolution framework that encompasses the full lifecycle of a meme coin. From the creation of a Meme Vault to community participation, contribution evaluation, reward distribution, and governance, PoM ensures that meme projects become active, value-generating members of the MemeCore mainnet.

Meme Vaults: The Heart of the Ecosystem

When a new MRC-20 token (MemeCore's token standard) is issued, a dedicated Meme Vault is automatically created. This smart contract-based hub tracks community activity and distributes rewards to PoM participants, including validators, stakers, and traders. The vault serves as the central infrastructure for measuring engagement and fairly allocating on-chain rewards.

Viral Grants Reserve

To incentivize growth, MemeCore allocates 10% of block rewards to a Viral Grants Reserve. If a Meme Vault meets specific evaluation criteria—such as community size, transaction volume, or total value locked—it becomes eligible to receive a grant. This ensures that funding is distributed based on measurable on-chain traction and community strength, rather than short-lived price surges.

Meme (MRC-20) Reserve

Upon the creation of an MRC-20 token, 5% of its total supply is automatically allocated to the Meme Reserve. This reserve is used to reward participants within the Meme 2.0 ecosystem, accelerating meme virality. Specifically, 1% is allocated to the M stakers reserve, and the remaining 4% is allocated to the meme stakers reserve. These reserves are distributed as staking rewards to core participants engaged in PoM staking.

Tokenomics and Utility

The native utility token of the MemeCore blockchain is $M. It powers gas fees, staking, governance, and the PoM consensus model, making it the engine behind MemeCore's viral economy. As more meme-native projects deploy on the network, demand for $M is expected to grow alongside user engagement and content creation.

Exchange Listings and Market Performance

MemeCore's $M token has been listed on multiple centralized exchanges, including Bitget, Binance Alpha, Kraken, BingX, HTX, and Hashkey. Trading commenced on 3 July 2025, with the $M/USDT trading pair available on these platforms. To commemorate this milestone, each participating exchange launched exclusive trading campaigns and giveaways to reward users.

Community Engagement and Future Prospects

MemeCore envisions a decentralized, meme-native environment where every social post, meme remix, or on-chain action contributes to an economic feedback loop, making culture a form of capital. The platform aims to empower creators and communities to launch tokens, earn rewards, and build collaboratively. MemeCore is EVM-based, allowing developers familiar with Ethereum tools and smart contracts to build DApps, making it accessible for those already in the ecosystem.

In conclusion, MemeCore represents a significant evolution in the blockchain space, transforming memes into enduring cultural and economic assets. With its innovative Proof of Meme consensus mechanism, strategic venture capital backing, and strong community engagement, MemeCore is poised to redefine the future of meme coins in the crypto ecosystem.