MemeCore
M#40M is the native coin of MemeCore, a blockchain built for launching meme coins.
- Market cap
- $2.39B
- Volume 24h
- $1.24M
- All-time high
- —
- Circulating supply
- 2.28B of 10B
Does not clear all 8 Shariah criteria. Needs caution: nature of the asset, gambling (maysir), excessive uncertainty (gharar), usage, and benefit and harm (maslahah).
- 3 pass
- 5 caution
- 0 fail
Verdict history
- DoubtfulCurrent
First publication
Fundamentals, market picture and news will appear here.
AI Insight
Fundamentals: Weak
MemeCore is a young meme-focused layer 1 with a working chain, but supply is extremely concentrated, only 7 validators produce blocks, real activity is thin and the token fell about 74% in a day in June 2026.
Reviewed every 3 months and on major eventsNews: Positive
A Nasdaq-listed company took about 926 million M onto its balance sheet in a token-for-equity deal with MemeCore-linked holders.
Reviewed monthly and when something material happensPrice & market
M trades near 1.00, inside the current zone of 0.979–1.03 and within the risk zone of 0.914–1.10. The trend is down: the price fell 17.8% in a week, sits well below its 50-day and 200-day averages and is near the low of its one-year range. Support comes from a working chain and a listed company holding a large amount of M. The main threats are extreme supply concentration, very thin trading, high volatility and locked supply that is still to be released. For the next 2 to 12 weeks, the potential is unfavourable: about 9.6% to 1.10 against about 27.4% to the revision level of 0.728.
Doubtful verdict: check the halal analysis before any decision.
- Review level
- $0.728
AI-assisted analysis. Not investment advice.
Technical analysis
4HThe trend and key levels appear once 200 candles close. About 6 days to go.
Where it trades
Section in preparation
Similar halal assets
Halal verdict, same category
