$M Memecore Drops 15.9% to $3.43 as $830M Wipeout Pushes It out of Top 20

Memecore (M) plummeted 15.9% to a $3.43 low on Tuesday, erasing nearly $1 billion in market capitalization.

ZachXBT’s scrutiny of M and Kraken’s listing sparked fears of a RaveDAO-style collapse.

Investors now watch if M will recover or become the next major dump after its 7,200% surge since July 4, 2025.