MemeCore · M
The meme-economy Layer 1, secured by holding its own coin
You must hold M to pay gas and to stake under its Proof-of-Meme consensus, but the chain runs close to empty — its story is pure meme attention, which as a top-50 memecoin earns it exactly one narrative point and no more.
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M · the mint is steady. The vault is not.
M is the native asset of MemeCore, a meme-economy Layer 1 — 5B at genesis, 10B max mined through block rewards, ~2.27B counted as circulating.
Sell pressure. The routine mint is 30 M per block, 33.33M over 90 days. One event dwarfs it: on Aug 19 2026 the largest reserve contract released 925.93M M, and it landed in a treasury address that held zero at the start of this window. The monthly release calendar added nothing — three cliffs fired and no escrow moved.
Buy pressure. Zero. Both burn surfaces were checked and neither moved; the chain is close to empty, so its fee burn destroys a rounding error. The $10M treasury buyback approved on Jul 2 2026 has no disclosed timing, no named wallet and no purchase we can find on-chain.
Net. +42.32% to market over 90 days — one release did nearly all of it. It does not repeat, so the mint alone carries the next 90 days at +1.47%.
- Block-reward mint continues~33.33M MContinuous · 30 M minted every block at a 7-second block time
- Scheduled monthly cliff56.11M MSep 2 2026 · on the calendar · the last three fired without moving any escrow balance
- Scheduled monthly cliff56.11M MOct 2 2026 · on the calendar · watch whether the escrow contracts finally drain
- Scheduled monthly cliff56.11M MNov 1 2026 · on the calendar · third of three inside the next 90 days
- Foundation treasury buyback≥$10MApproved Jul 2 2026 · execution withheld · no purchase confirmed on-chain yet
The chain mints 30 M with every block at a 7-second block time, and the last 90 days produced 1,110,846 blocks — so 33.33M new M. The rate was measured off the chain rather than taken from a document: the reward contract's balance rises by exactly 30 M from one block to the next, at the start of the window, at the end and at two points between. A second, separate read agrees to four decimal places — the seven validator wallets together gained 29.99M over the window, which is the 90% share of a 30-per-block mint, and the reward contract kept the other 10%. This mint runs whether the chain is busy or idle.
A release calendar does exist: 56.11M M is scheduled on the 2nd of each month, split across team, foundation, community and investor allocations, and three of those dates fell inside this window. Not one of them moved anything. The contracts holding those allocations — 700M, 650M, 600M, 317.32M, 244.55M and 100M — read the same to the token at both ends of the window, and the same again a year back. The counted float shows no step on any cliff date either. What is scheduled on paper is 168.33M; what actually reached the market is nothing, so the row carries nothing and the backlog is tracked below.
On Aug 19 2026 the largest reserve contract fell from 1,650M to 724.07M and the bridge lock rose by the same amount, putting 925.93M M on BNB Chain as a freely transferable token. It landed in a treasury address that held zero at the start of this window and holds 925,925,926 M now — the exact figure MemeCore principals disclosed when they contributed $1.0B of M to a Nasdaq-listed company for shares and warrants. The ten-year lock in that deal binds the shares, not the M. Worth stating plainly: that bridge mint IS backed — the BNB-side supply matches the native lock to four decimals at both ends of the window, so the widely repeated claim that nothing was locked on the native chain does not survive a direct read. Still tracked and unmoved: 724.07M left in that same reserve plus 700M, 650M, 600M, 317.32M, 244.55M and 100M in six other contracts that have not moved a token in a year, 151.61M in the seven validator wallets, 13.90M of undistributed rewards in the reward contract, and a treasury wallet for repurchased M that has never been named.
There is no bankruptcy estate, trustee schedule or court-ordered distribution attached to M. Nothing here can add supply.
No buyback is written into the chain's own code. Nothing repurchases or retires M automatically, so there is no encoded absorption to measure.
Checked two ways, on both chains M lives on. No dead address gained anything worth counting, and the token supply on the second chain went up rather than down. The chain does charge a burnable base fee, but it runs about one transaction per block at 15 gwei, so 90 days destroys roughly 506 M — two hundred-thousandths of one percent of the float. The direction is downward; the size rounds to zero.
The foundation approved a treasury buyback of at least $10M on Jul 2 2026, after M fell about 82% in the last week of June, but said it would not disclose execution timing or method. Repurchased M goes to a foundation treasury wallet rather than a burn address, that wallet has never been published, and the 28 largest accounts on the chain were read at both ends of the window without turning up anything close to a $10M purchase. Announced capacity with nothing observable behind it counts as zero until a flow is seen.
No new lockup contract, staking cap or escrow with an announced size was deployed in this window. The ten-year lock in the Nasdaq deal binds the shares the contributors receive, not the M they hand over, so it removes nothing from supply. Validator stake on this chain is refunded on exit, so staked M is not removed either.
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