# 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.

- Published: 2026-06-25T10:27:09.266Z
- Canonical: https://polylog.news/crypto/2026-06-25/memecore-s-m-token-falls-80-with-no-exploit-or-announcement
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CoinDesk](https://www.coindesk.com/markets/2026/06/25/memecore-s-m-token-suddenly-crashes-80-with-no-clear-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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