April

Starknet

MemeCore

Pepe

The crypto market fell 3.79% in 24 hours to $2.71T, with Bitcoin (<a href="https://x.com/search?q=%24BTC&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$BTC</a>) down 4.20% at $81,125. Against that backdrop, <a href="https://x.com/MemeCore_M" rel="noopener noreferrer nofollow">@MemeCore_M</a>'s MemeCore (<a href="https://x.com/search?q=%24M&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$M</a>) rose 18.36% to $0.8932, making it the only big gainer in the top 100. Starknet (<a href="https://x.com/search?q=%24STRK&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$STRK</a>) was the weakest large token, falling 16.22% to $0.054.
<h2 id="memecore-rallies-on-thin-volume">MemeCore rallies on thin volume</h2>
MemeCore's advance came on light trading. Just $3.88M changed hands over 24 hours against a market capitalisation of about $2.04B, a low ratio that suggests the move was not backed by heavy turnover. CoinMarketCap data shows <a href="https://coinmarketcap.com/currencies/memecore/" rel="noopener noreferrer nofollow">a similar picture for 24-hour volume</a>, with the token still about 81% below its April 2026 all-time high of $4.84.
No project-specific announcement has been clearly tied to the gain. CryptoPotato noted that <cite>it remains unclear what triggered the revival</cite>, while pointing to a change in how M liquidity is bridged, which now runs through LayerZero. Analysts cited by CoinMarketCap have also flagged concerns about <cite>insider supply control and past extreme volatility</cite>.
<h2 id="starknet-extends-its-slide-after-the-layer-1-rally">Starknet extends its slide after the Layer 1 rally</h2>
<a href="https://x.com/Starknet" rel="noopener noreferrer nofollow">@Starknet</a>'s $STRK fell 16.22% on $118.43M in volume, the steepest drop in the top 100. That extends a 39.6% weekly decline from $0.0915.
The token had surged earlier in the month. <cite>StarkWare first floated the idea of an independent Layer 1 network on Oct. 8</cite>, and <cite>STRK hit an intraday high of $0.1265 on October 11</cite>, according to Crypto Briefing, citing AltcoinBuzz. The team said at the time that <cite>this would enable Starknet to become the first fully quantum-resistant network, with 2027 as the target</cite>.
Supply added pressure during the pullback. <cite>A scheduled unlock released 127 million STRK to early contributors and investors on October 15, worth about $11 million at the time</cite>, per Tokenomist data. Unlocks of up to that size are scheduled to continue monthly through March 2027.
A community vote on the Layer 1 proposal has since concluded. Bitcoin.com reported that <cite>STRK tumbled on Thursday following the vote</cite>, and that under the proposed approach <cite>STRK would remain Starknet's native token, with no plans to introduce a replacement</cite>. The earlier Snapshot poll was described as <cite>non-binding</cite>.
Network activity has held up better than the token. Crypto Briefing reported that <cite>Starknet's DeFi total value locked fell 5.3% over the same period, a smaller drop than the token's</cite>. Even so, <cite>the token is down nearly 99% since peaking at $4.41 in Feb. 2024</cite>.
Sources
<ul>
 <li><a href="https://news.bitcoin.com/technology/starknet-moves-toward-post-quantum-l1-voters-back-ethereum-split" rel="noopener noreferrer nofollow">Bitcoin.com: Starknet moves toward post-quantum Layer 1 as voters back Ethereum split</a></li>
 <li><a href="https://cryptobriefing.com/starknet-strk-token-plunges-defi-downturn/" rel="noopener noreferrer nofollow">Crypto Briefing: Starknet's STRK falls 38% in a week as Layer 1 rally reverses</a></li>
 <li><a href="https://cryptopotato.com/memecore-m-flips-pepe-pepe-after-pumping-25-in-a-day-details/" rel="noopener noreferrer nofollow">CryptoPotato: MemeCore (M) flips Pepe (PEPE) after pumping 25% in a day</a></li>
</ul>

MemeCore is the lone bright spot as Starknet tumbles in a red market

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