- On Monday, MemeCore (M) price crashed by around 10%, declining its value from $2.16 to $4.0 with $5.2 billion in market capitalization.
- The drop in the cryptocurrency follows heavy selling pressure after recently touching a new all-time high, along with a correction in the overall crypto market.
- Amid the crash in the price, the cryptocurrency has now entered the oversold territory.
On April 27, MemeCore (M) price experienced a correction after a 10% drop on a daily chart, breaking its upward momentum.
In the last 30 days, the MemeCore has soared by around 82%, helping its value to soar from $2.16 to $4.0. This drop in the cryptocurrency was expected after experiencing a month-long rally despite serious allegations on the project from ZachXBT, one of the popular on-chain sleuths.
At the time of writing this, MemeCoreM-9.78% is trading at around $4.02 with a drop of around 8% in the last 24 hours, acc...
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