Wu said that ZachXBT posted a question challenging MemeCore. While claiming to have received official recognition from Grayscale, MemeCore was asked to provide data supporting a market cap of approximately 6 billion USD (ranking among the top 20 tokens) and to explain why insiders hold over 90% of the supply; at the same time, it was pointed out that tokens like RAVE show signs of manipulation on centralized exchanges, having fallen 95% within hours after entering the top 15 by market cap in just 10 days. Other projects with similar price behaviors include SIREN, MYX, COAI, M, PIPPIN, and RIVER.

M2,19%
RAVE5,12%
SIREN-4,67%
MYX9,73%
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