$M has abnormal price surge (3.13%), below are the driving factors 💥️:
1. MemeMax Phase 2 will launch on mainnet from January 13 to 20, 2026, distributing a total of $800,000 in M tokens to the top 500 active users, with rewards directly tied to on-chain engagement, representing a verifiable and substantive incentive event.
2. MaxPacks have achieved on-chain minting and verifiable proof of rarity, shifting the token reward mechanism from short-term speculation to auditable long-term asset accumulation, strengthening M's practical value foundation.
3. MemeMax is building a Perp DEX ecosystem based on L1, forming a sustainable user engagement loop through leveraged trading, leaderboards, task systems, and social trading, rather than relying solely on price fluctuations, demonstrating long-term project architectural upgrades.
4. The team continues to release clear, non-price-driven development progress, including on-chain transaction optimizations, improved order execution efficiency, and user incentive mechanism design, indicating the project is transitioning from marketing to engineering execution.
----------------Metrics Data -----------------
Trigger Price: 1.65 | 5min: 3.13% | 15min: 3.56%
30min: 4.88% | 1H: 7.39% | 4H: -1.59%
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#M