MemeCore (M) Cryptocurrency: Comprehensive Overview
Core Definition and Technology
MemeCore is a Layer 1 blockchain purpose-built for "Meme 2.0," transforming meme coins into cultural assets with economic utility through community-driven incentives and decentralized governance. The blockchain is Ethereum Virtual Machine (EVM)-compatible, allowing seamless migration of Ethereum developers and tools.
Blockchain Architecture
Network Foundation
MemeCore's mainnet went live on 12 February 2025, introducing a new consensus mechanism called Proof of Meme (PoM), the first system to combine blockchain security with the cultural power of memes. Under the hood, MemeCore runs its own mainnet with $M as the base asset for gas, staking, and governance.
Consensus Mechanism
Its hybrid consensus mechanism, PoM, merges delegated Proof-of-Stake (dPoS) with Proof-of-Authority (PoA): Validators stake 7 million $M to propose blocks. Delegators earn rewards by staking $M or approved meme coins. 75% of block rewards go to $M stakers, 24% to meme token delegators, and 1% to proposers.
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.
Primary Use Cases and Applications
Meme Coin Infrastructure
Its "viral economy" quantifies meme creation, remixing, and distribution, rewarding users with $M tokens and project-specific MRC-20 tokens. MemeX is the main entry point for creators in the MemeCore ecosystem. It lets anyone launch an MRC-20 meme token instantly, no coding or smart contract experience required. Just bring an idea, a small amount of M tokens, and your community.
Meme Vault Mechanism
Meme Vaults, smart contract-based reward pools, automatically receive 5% of each new meme coin's total supply launched on MemeCore, creating long-term incentives for builders and holders. 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.
Ecosystem Applications
MemeX allows no-code MRC-20 token creation with leaderboard features; PUPA enables rapid token and NFT generation; and Everyswap integrates Uniswap v3-based AMM functionality on the network. Additional infrastructure includes MemeCore Stake (multi-token delegation UI), MemeCoreScan (on-chain analytics), and developer tools like MemeCore Faucet and OKLink explorer services.
Founding Team and Project History
Leadership
Jun is the Chief Executive Officer of MemeCore. Previously, he founded 0xLootBox, an investment network with a portfolio that includes notable projects such as Arc Community. Some other companies he has worked for include Ledger and Chains.Asia.
Cherry is the Chief Business Development Officer at MemeCore. She is a game developer with over seven years of experience marketing for IT startups and holds a master's degree in Computer Science from Chang Gung University, Taiwan.
Rudy is the Chief Growth Officer at MemeCore. He was formerly the CEO of Karat DAO, a decentralized data identity protocol. He holds a bachelor's degree in Finance from the University of Southern California, USA.
Project Timeline
The project officially started in 2024, but it gained real momentum in early 2025. It was founded by Jun Ahn, a well-known entrepreneur in the Web3 and gaming industries.
Tokenomics
Supply Structure
MemeCore's tokenomics structure reflects its commitment to community-driven growth and sustainable ecosystem development: Total Supply: 5,000,000,000 $M tokens (fixed supply) Community (58%): The largest allocation ensures ecosystem activation and participation incentives, including maximizing network effects, encouraging governance participation, and building long-term loyalty · Foundation (15%): Supports long-term project development, ecosystem growth, and community initiatives · Core Contributors (13%): Rewards key team members and early contributors for ongoing contributions and innovation · Investors (12%): Provides funding from investors and strategic partners who support the project's development · Meme Treasury (2%): Funds community incentives, supports creators, ensures ecosystem stability, and engages in community activities.
Deflationary Mechanisms
Deflationary mechanisms include burning transaction fees and locking tokens via staking. A portion of tokens is burned during on-chain activities, helping reduce total supply over time.
Current Market Metrics
Based on current data, MemeCore has a market cap of approximately $2.6 billion with a circulating supply of approximately 1.73 billion M tokens and a fully diluted valuation of approximately $8.1 billion.
Network Security and Governance
Validator Requirements
Validator Staking on MemeCore: Delegate your M tokens to validators using the on-chain system contract and earn up to 75% of block rewards. Validators must self-stake at least 7 million M tokens to qualify.
Decentralized Governance
Governance is decentralized, with validators and delegators voting on protocol upgrades and meme coin eligibility for staking.
Key Partnerships and Ecosystem Integrations
Strategic Investments
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.
Neo Blockchain Partnership
A strategic partnership with Neo Blockchain is helping develop cross-chain infrastructure and technical upgrades. A partnership with the NEO blockchain enables joint development of cross-chain functionality for the PoM framework.
Exchange Listings
According to LBank's official announcement, MemeCore (M) is soon going to be listed on the LBank crypto exchange. According to MEXC Global's official announcement, MemeCore (M) is soon going to be listed on the MEXC Global crypto exchange. According to HTX's official announcement, MemeCore (M) is soon going to be listed on the HTX crypto exchange.
Competitive Advantages and Value Proposition
Unique Infrastructure
MemeCore aims to shift meme coins from speculative assets to cultural engines by embedding social engagement into blockchain mechanics. MemeCore and MemeX offer something unique in the meme coin space. Instead of launching a token on someone else's blockchain, they've built their own Layer 1, complete with a custom token standard (MRC-20), dedicated dApps, and an ecosystem centered around the M token.
Community-First Model
Most meme coins are born from speculation and die by it. MemeCore is building a new foundation — an ecosystem where longevity, creativity, and shared prosperity define the next generation of meme coins. Every actor in the ecosystem — traders, stakers, creators, validators — is essential. MemeCore is built on the belief that sustainable economies emerge from shared contribution and fair reward.
Market Context
According to CoinGecko, the total market cap of meme coins exploded from $20 billion in 2023 to $140 billion in 2024, a staggering 600% growth, with at least five meme coins making it into the top 100 by market cap.
Development Activity and Roadmap
Recent Initiatives
The team also plans to launch MemeChain side projects, further develop its creator economy tooling, and complete its South Korea expansion via the acquisition of a KOSDAQ-listed company.
Campaign Activity
MemeCore's marketing approach emphasizes community engagement through both online and offline initiatives. The "Trump Dinner" leaderboard campaign placed second in a $TRUMP token-based competition, involving a $17.5 million token purchase and over 3 million campaign participants. From June to July 2025, MemeX ran the "Proof-of-Shit" social campaign in collaboration with Kaito. The campaign topped Kaito's mindshare leaderboard and distributed $700,000 to participating communities.
Grant Program
MemeCore also supports external dApp onboarding through its LIFT Ecofund, offering up to $100,000 in grants.
Sources:
- https://coinmarketcap.com/cmc-ai/memecore/what-is/
- https://memecore.com/
- https://docs.memecore.com
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- https://stealthex.io/blog/memecore-price-prediction-is-m-coin-a-good-investment/
- https://memecointer.com/memecore/
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