MemeCore (M) Flips Pepe (PEPE) After Pumping 25% in a Day: Details

MemeCore (M) rose 25% in a day during a market correction, reaching a 10-day high above $0.95, first since October 12, before retreating to $0.91; its market capitalization passed $2 billion, overtaking Pepe (PEPE), at about $1.8 billion, as the 51st-largest cryptocurrency and fourth-largest meme coin. The trigger was unclear, though MemeCore's team said on X that Meson Tunnel and Express were no longer available for M and that liquidity had moved to LayerZero, which now handles bridging. The token's Relative Strength Index reached 90, a 0-to-100 measure where readings below 30 are usually seen as a buying opportunity, suggesting a short-term correction. Earlier this year, M crashed 76% in one day, and investigator ZachXBT questioned its valuation and tokenomics.