MemeCore: the first blockchain built specifically for meme coins
What is MemeCore?
MemeCore is positioned as a "playground" for meme coins. It's a standalone Layer 1 (L1) blockchain explicitly designed to deploy meme coins and support their long-term development.
According to its developers, MemeCore aims to help meme coins evolve from short-term speculative assets into "long-term economic and cultural forces," all without sacrificing the entertainment value that defines meme coins.
Every meme coin deployed on the MemeCore blockchain automatically receives a smart contract–based vault that tracks community activity and distributes rewards among ecosystem participants. The blockchain is EVM-compatible, making it easier to integrate its tokens with other popular Web3 chains, such as Ethereum, BNB, or Solana.
MemeCore runs on a proprietary consensus algorithm called Proof-of-Meme (PoM), which rewards validators not only for confirming transactions and adding blocks but also for community engagement and "supporting creativity."
Validators receive dual rewards for block validation: the blockchain's native currency (M tokens) and meme coin tokens deployed on the chain. These tokens follow the EVM-compatible MRC-20 standard.
Who is behind MemeCore?
The founder and CEO of MemeCore is entrepreneur Jun An, who previously worked at Ledger and Chains.Asia, gaining substantial blockchain experience. He's also known as the founder of 0xLootBox, a company that invested in various Web3 projects. However, although this fact is often cited in MemeCore's marketing, it's worth noting that 0xLootBox was short-lived — founded in February 2023, it has since ceased operations. It has been removed from Singapore's corporate registry.
Cherry Su, a seasoned blockchain developer with seven years of experience in IT marketing, is leading the development of MemeCore.
The project has attracted notable backing from crypto venture capital firms. Investors include Waterdrip Capital, K300 Ventures, Click Capital, and several other notable entities.
MemeCore cryptocurrency price
MemeCore has a very brief market history — public trading of the M token began on July 3, 2025, at an initial price of $0.062. As of July 20, 2025, MemeCore's market capitalization stands at $552 million, with the price at $0.35.
MemeCore (M) reached its all-time high (ATH) on July 11, peaking at $0.8562. Since July 14, the price has been fluctuating around $0.40, with a typical swing of about 5 cents in either direction.
MemeCore outlook
MemeCore is at the very beginning of its lifecycle, and given the relatively short time since its launch, it's challenging to make definitive predictions.
On the one hand, the project targets an unfilled market niche and could become a foundational ecosystem for meme coins if successful.
On the other hand, it remains unclear how much genuine demand exists for such a niche. Moreover, the founder's track record doesn't inspire excessive optimism about the project's long-term potential.