As a result, MemeCore (M) has now climbed to the 7th spot in this category with a market capitalization of $1.4 billion. Along the way, it has flipped well-established assets like Floki (FLOKI) and dogwifhat (WIF).
So, what’s fueling MemeCore’s rally and what has made it so attractive to make this far in such a short period?
MemeCore is a launch pad that operates in its own layer-one blockchain – the MemeCore mainnet. This purpose-built network aims to become what Hyperliquid is to perpetual futures and we all know what happened to the latter.
On-chain data from MemeCore Scan shows that unique addresses have exploded since February 2025 when the public mainnet was launched, moving from around 162,000 to nearly 4 million at the time of writing.
