Crash

Bounce

MemeCore

ZachXBT

MemeCore's native token has staged a sharp recovery, climbing more than 100% over the past week and gaining 42% in the last 24 hours, after the project announced a strategic treasury buyback program worth over $10 million.
<h2 id="a-rebound-built-on-a-buyback">A Rebound Built on a Buyback</h2>
The rally follows the launch of a structured buyback initiative designed to absorb selling pressure and signal confidence from the project team. The move comes at a critical moment for MemeCore, which <cite>operates a buyback program designed to use ecosystem revenue for token purchases, which may support post-dip recovery.</cite>
The broader crypto industry has been watching token buyback programs closely. <cite>In 2025, crypto protocols spent more than $1.4 billion repurchasing their own tokens, according to CoinGecko data, yet prices for many of those tokens remain flat or sharply lower, raising fresh doubts about how much buybacks really achieve.</cite> Whether MemeCore's program is large enough to have a lasting effect remains to be seen.
<h2 id="the-crash-that-preceded-the-bounce">The Crash That Preceded the Bounce</h2>
The rebound follows one of the more dramatic collapses in recent crypto market history. <cite>Memecore plunged roughly 85% intraday, erasing around $2.7 billion in market value, with long liquidations accounting for $8.26 million out of the total $9.27 million liquidated.</cite>
<cite>The decline unfolded without any official announcement or confirmed exploit from the project team. Instead, the sell-off sparked unverified insider manipulation allegations, with market observers pointing to concentrated token ownership and limited liquidity as factors that may have amplified the decline. Those claims remained unverified.</cite>
The crash renewed attention on warnings made months earlier by on-chain investigator <a href="https://x.com/zachxbt" rel="noopener noreferrer nofollow">@zachxbt</a>. <cite>ZachXBT alleged that project insiders had manipulated the price to manufacture a $6 billion market capitalization and an $18 billion fully diluted valuation.</cite><cite>He flagged approximately $7.9 million in suspicious withdrawals from Kraken to 18 newly created wallets, and claimed a wallet linked to the MemeCore team received 200 million M tokens at launch before transferring millions of them to Kraken deposit addresses.</cite> Those allegations have not been independently confirmed.
<cite>MemeCore is a Layer 1 blockchain designed to serve as the foundational infrastructure for the Meme 2.0 economy, with the platform providing a dedicated environment for creators and developers to launch meme-centric projects with native cultural incentive models.</cite> Whether the $10 million buyback program is enough to restore confidence after such a severe drawdown is the question now facing the market.
This article is for informational purposes only and does not constitute financial advice.
Sources: <a href="https://coinpedia.org/price-analysis/memecore-price-crash-wipes-out-2-7-billion-as-long-liquidations-explode" rel="noopener noreferrer nofollow">CoinPedia: Memecore Price Crash Wipes Out $2.7 Billion As Long Liquidations Explode</a> <a href="https://crypto.news/memecore-crashes-75-as-zachxbt-revives-manipulation-claims/" rel="noopener noreferrer nofollow">Crypto.news: MemeCore Crashes 75% as ZachXBT Revives Manipulation Claims</a> <a href="https://www.theblock.co/post/385023/the-funding-token-buybacks-crypto" rel="noopener noreferrer nofollow">The Block: Why Token Buybacks Are Suddenly Back in Focus</a>

Memecore Soars After 10M Buyback Plan

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