How the MemeCore Crypto Crashed 71% This Week
Source: Motley Fool
2026-06-26 12:09:05 ET
The MemeCore (CRYPTO: M) cryptocurrency plunged this week, according to data from S&P Global Market Intelligence . From last Friday's market close to 11 a.m. ET on June 26, the meme coin platform lost 70.8% of its total market value. After the plunge, MemeCore's market cap stands at $1.1 billion.
The price fell from $3 to $0.50 per token between 8:30 p.m. ET and 9:00 p.m. ET on Wednesday evening, highlighting the risks of thinly traded assets with limited liquidity .
Crypto analysts called MemeCore a risky cryptocurrency before this sudden crash.
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