Meme Core $M Token is the native coin of MemeCore, operating on a unique “Proof of Meme” (PoM) consensus mechanism. This system rewards users for viral, on-chain content contributions, turning community engagement into network security. Built as a Layer-1 blockchain, MemeCore uses $M for gas fees, staking, governance voting, and incentivizing meme-driven activity. The total supply is 5 billion, with about 1.58 billion currently in circulation. It also includes a burn mechanism, gradually reducing supply over time.
Currently priced around $0.55, M token market cap of approximately $875 million. Technical indicators like RSI and MACD suggest bullish momentum in the short term.