Asset Spotlight
Asset Spotlight: MemeCore (M) by the Numbers
Today's spotlight turns to MemeCore, the #43 crypto asset by market value. M trades at $1.40 (+19.0% over 24 hours), for a market capitalization of $1.9B — 0.08% of the entire crypto market.
The trend
Over the past seven days M is -10.3% — a hard week. Drawdowns of this pace tend to be liquidity events as much as news events — thin books amplify selling. Within the last 24 hours alone it traveled a 20.5% range between $1.17 and $1.41.
Zooming out, M is roughly 71% below its April 2026 all-time high. Recoveries from this depth have happened in crypto, but they historically required a full market cycle, not a quarter.
Liquidity
$13.4M of M changed hands across all tracked venues in the past day, equal to 0.7% of its market value. That is a thin turnover ratio. Holders should assume meaningful slippage in size, especially in volatile sessions — see our market microstructure primer.
Supply
Supply is hard-capped at 10,000,000,000 M, of which 13.2% is already circulating — a substantial share of supply is still to come, which is future sell pressure the price must absorb.
One structural note: fully-diluted valuation ($7.6B) runs well above current market cap ($1.9B). The gap is locked and unissued supply that will eventually reach the market — an overhang worth pricing in.
The standing caveat
This profile is a structured reading of live market data — size, trend, liquidity and supply — not a verdict on the project behind the token. Fundamentals, teams, and token utility are outside what price data can tell you, and none of the above is investment advice. For how to think about position sizing in assets like this, start with our guide to market cycles.
All figures captured from CoinGecko at publication time on Friday, July 10, 2026. The Asset Spotlight rotates through the leading non-stablecoin crypto assets, one per day.