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Morning Edition · Thursday, June 25, 2026
MemeCore's M Token Falls 80% With No Exploit or Announcement to Explain It
A token that an on-chain investigator had earlier described as insider-supported lost close to $3 billion in market value in hours, with no public trigger.
The token known as M, issued by the MemeCore project, fell from nearly $3 to about $0.50 within hours, erasing close to $3 billion in market value, CoinDesk reported. There was no exploit, hack, or project announcement to account for the mo…
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