On September 26, 2025, the MemeCore project launched its EVM-compatible Layer 1 blockchain, aimed at addressing volatility issues in the meme cryptocurrency segment.
Launch of MemeCore Blockchain
The launch of MemeCore's blockchain represents an alternative approach to meme cryptocurrencies, focused on creating long-term value and cultural engagement. According to a study by Chainplay, 97% of meme coin projects fail within a year, yet from January to May 2025, they delivered an average return of 33.08%, the highest among major crypto categories.
Tokenomics and Reward Strategy
MemeCore's native token, $M, has a capped supply of 10 billion. Currently, approximately 1.03 billion tokens are in circulation with a market capitalization of $706 million. The token allocation emphasizes community incentives: 58% is allocated for community incentives, 15% to the foundation, 13% to core contributors, 12% to investors, and 2% to the Meme Treasury. Each new meme token mints 5% of its supply into a reward pool with linear distribution over 1,000 days.
Applications and Community
MemeCore supports various decentralized applications and infrastructure services. These include MemeX for no-code token creation, PUPA for rapid token and NFT generation, and Everyswap, integrating AMM functionality. The community is actively engaged in various marketing activities, including user engagement campaigns and participation in major events like Token2049 in Dubai.
The launch of MemeCore showcases the ongoing evolution of meme cryptocurrencies and their integration into the broader crypto economy, aiming to create a structured and sustainable ecosystem.
