💥 MemeCore ($M) Crashes Nearly 90% Within Hours Just hours ago,

$M collapsed more than 75% across major centralized exchanges, with its fully diluted valuation (FDV) plunging from around $14B to just $3.8B.
📉 The token was also knocked out of the Top 25 largest crypto assets by market capitalization.
⚠️ Prior to the crash, onchain investigator Zach XBT and multiple analysts had repeatedly raised concerns about the project, including:
• highly concentrated token supply across a few large wallets
• questionable user metrics allegedly inflated by the team
• and suspiciously weak real trading activity despite the massive valuation
📊 Over the past two weeks, almost no individual $M trades exceeded $50K in size.
That raised major red flags: A multi-billion-dollar token with barely any meaningful organic trading volume behind it.
🚨 The collapse is now being viewed by many traders as another warning sign about:
• low-liquidity “paper valuations”
• centralized token ownership
• and speculative meme-driven market structures during late-cycle conditions.
‍#DailyHighlights $M