MemeCore makes memecoins great again with a with a 35% surge – What's driving it?
MemeCore surged 35%, flipped $1.70, and touched a two-month high of $1.77.
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Leggi la documentazione APIMemeCore is a Layer 1 blockchain designed specifically for what it calls Meme 2.0, a framework intended to give meme-based tokens cultural, economic, and governance functions beyond simple speculation. It targets creators, communities, and developers who want to launch tokens, earn from cultural contributions, and participate in a decentralized ecosystem built around internet culture. The project positions itself as infrastructure for a so-called viral economy where social activity and on-chain activity are linked.
MemeCore operates as a smart contract platform within the BNB Chain ecosystem, meaning it can host applications and tokens in a manner similar to other programmable blockchains. The data on file does not include details about its consensus algorithm, and the block time recorded is zero minutes, so the specific settlement mechanism cannot be described from available information. The native token, symbol M, serves as the unit of account within this ecosystem and is used to interact with the network's applications.
The data on file does not record a fee stream, fee recipients, or protocol revenue for MemeCore, so fee-based financial measures are not applicable here. What the data does show is that roughly 22.9% of the maximum supply of 10 billion tokens is currently circulating, while 42.1% has been issued to date. The dilution overhang stands at approximately 137.3 percentage points, meaning the tokens not yet in circulation represent a quantity more than twice the current circulating supply, a figure that is relevant to understanding how the overall supply picture may evolve over time.
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MemeCore surged 35%, flipped $1.70, and touched a two-month high of $1.77.
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