Key points

• MemeX and MemeCore are leading a new narrative for MemeFi, combining the scalability of Layer 1 public chains with a viral token issuance mechanism

• M token (M/USDT) is the core of the entire ecosystem and is used for governance, gas fee payment, Launchpad token issuance, etc.

• A complete set of functional dApp ecosystem including MemeX Launchpad and M-Stake

• MemeCore is not only a technical public chain, but also combines Meme culture, intending to compete head-on with top Meme coin projects and basic chains

Today's Meme coin market is no longer just a "meme + hype". MemeX and MemeCore are taking Meme coins to the next stage - integrating Meme narratives with real on-chain infrastructure. The core of the entire ecosystem is the M token ( M/USDT spot trading pair). Whether it is coin issuance, staking, or governance voting, M is an indispensable "fuel".

The goal of this ecosystem is clear: to empower creators and communities, and to provide meme tools that are truly usable, profitable, and sustainable. If you don’t know what MemeX, MemeCore, or M tokens do, this guide will quickly get you up to speed on all the core information.

MemeCore and MemeX (M) Project Overview

What is MemeCore?

MemeCore is a Layer 1 blockchain built specifically for Meme assets. It does not rely on traditional public chains such as Ethereum, but is tailored for the Meme economy from the bottom up, providing a complete set of native tools to make the creation of Meme tokens faster, simpler and more scalable.

Image Credit: MemeCore Homepage

Core features include:

• MRC-20: A Token Protocol Built for Viral Content

• High speed and low fee: fast transactions and low cost, suitable for frequent interactions and small operations

• Community-friendly: Infrastructure optimized for Meme communities and marketing activities

The concept of MemeCore is very direct: as long as you have a good joke or a good story, you can easily issue coins without writing code or spending a lot of money.

What is MemeX?

MemeX is the first and most important application on MemeCore, which is equivalent to the Launchpad + community building tool of the Meme project. Want to issue coins? MemeX provides a zero-threshold path.

Image Credit: MemeX dApp Interface

The highlights of MemeX are:

• Zero-code coin issuance: No need to write smart contracts, you can issue MRC-20 tokens in a few clicks

• Completely on-chain: All coin issuance processes are open and transparent, without permission

• One-stop tool: built-in liquidity and trading functions, direct online trading after issuance

If you know Pump.fun or CoinList, then MemeX is similar to them, but MemeX is an independent platform with its own chain and completely self-developed. It allows the Meme project to not only stay at "hype", but also have complete on-chain practicality, and is defining the so-called new track of MemeFi.

M Token Economic Model, Distribution and Destruction Mechanism

M Token Usage

In the ecosystem of MemeCore and MemeX, M tokens are the "fuel" for all core functions. Whether you want to issue tokens, pay handling fees, participate in staking or participate in governance voting, M is the key that cannot be avoided.

You can use M to:

• Paying gas fees on the MemeCore blockchain

• Participate in MemeX's sale or whitelist purchase

• Earn rewards and get priority participation rights through M-Stake

• Participate in governance voting for community or ecosystem development proposals

M Token Total Quantity and Distribution

Total issuance: 5 billion M tokens

Image Credit: MemeCore Docs

M Token Destruction Mechanism and Price Discovery

In order to curb inflation, MemeCore adopts a deflation mechanism: every time someone uses M tokens to participate in coin issuance or call dApp functions, a portion of M will be permanently destroyed and removed from circulation. This mechanism helps reduce supply, increase scarcity, and indirectly reward long-term holders.

The most active trading pair at present is the M/USDT spot trading pair, which has been launched on some centralized and decentralized exchanges. As the ecosystem gradually matures, the use scenarios and market popularity of M tokens are also constantly improving, and its presence is getting stronger and stronger both in the meme field and the DeFi circle.

MemeCore’s funding rounds and investors

Image Credit: CryptoRank

MemeCore and MemeX’s core applications and ecosystem dApps

MemeCore has created a full-stack meme project ecosystem, where you can easily start issuing coins, interacting, and trading, whether you are a creator, community member, or novice user. In this ecosystem, several key dApps are developed around M tokens , providing practical functional support.

MemeX Launchpad

MemeX is the main entrance to the MemeCore ecosystem, especially suitable for meme creators and users who want to try to issue tokens. You don’t need coding skills or experience in deploying contracts. As long as you have creativity and a little bit of M tokens , you can get the community to “get started”.

Highlight features:

• Zero code, full on-chain: Issuing coins only requires a few clicks on the front end and can be done in a few minutes. The contract is fully deployed on the chain and no review is required.

• Relying on M tokens to run: Every time you issue coins, you need to pay M token fees. The more you use it, the higher the value of M.

• Everyone can participate: Whether you are an individual or a small community, MemeX provides an extremely low threshold for issuing coins.

Image Credit: MemeX dApp Interface

M-Stake Native Staking System

M-Stake is the official staking system of MemeCore, covering validator staking at the network level and MemeX application staking at the dApp layer.

• Network-level validator staking: Delegate your M tokens to a validator (done through a system contract) to receive up to 75% of the block rewards. Each validator must stake at least 7 million M tokens to go online. All operations are on-chain, and you can stake/redeem at any time without a third party.

• MemeX in-app staking: Staking M in MemeX can earn you an equivalent of $stM (staked M). Holding $stM can accumulate XP, improve the ranking of the leaderboard, and may also unlock exclusive rights such as the MemeX whitelist.

• On-chain transparency and traceability: Regardless of the staking method, it is completed on the chain, the records are open and transparent, and the benefits are clear at a glance.

Image Credit: M-Stake Interface

MemeCoreScan and MemeCoreBridge

• MemeCoreScan: MemeCore's native block browser supports viewing token issuance records, on-chain transactions, wallet assets, user activity, etc. Its functions are similar to Etherscan on Ethereum, allowing all data to be viewed at a glance.

• MemeCoreBridge (coming soon): Open up the asset inflow and outflow channels for ETH and SOL users, allowing more liquidity to enter the MemeCore ecosystem, including MemeX launch projects and liquidity pools.

Image Credit: MemeCoreScan

How to participate in MemeCore and get M tokens

It’s very easy to join the MemeCore ecosystem, whether you are a meme creator or just a user interested in M tokens . Even better, early participants will have the opportunity to receive airdrops, testnet rewards, and even have a voice in community governance. Here’s how to participate:

Buy M Tokens

• You can buy M tokens directly on XT.COM . Currently, the platform has opened M/USDT spot trading pairs and M/USDT perpetual contract trading pairs. In addition, M tokens are also listed on some other exchanges. Before depositing, it is recommended to confirm whether the other party supports the MRC-20 network.

XT.com M/USDT spot trading pair

Configure your wallet

• Currently, it is recommended to use the MetaMask wallet with custom RPC to connect to the MemeCore network. The official native wallet is also under development, which will bring a smoother and more localized experience in the future.

Cross-chain bridging and staking

Once the cross-chain function is launched, you can bridge assets such as ETH and USDT from Ethereum or Solana network to MemeCore. After completing the bridge, you can:

• Stake M: Stake through the M-Stake platform to earn rewards while helping the MemeCore network maintain safe operation;

• Participate in coin issuance: Use M to launch your own MRC-20 meme token project on MemeX Launchpad.

The opening of the cross-chain bridge will further expand MemeCore's user base and liquidity entry, attracting a large amount of funds and communities from mainstream public chains.

Comparative analysis of MemeCore and MemeX

Advantages of MemeCore and MemeX

MemeCore and MemeX have taken a differentiated path by creating their own meme-based chains. Instead of relying on other public chains, they built a complete set of MemeFi-exclusive Layer 1 architecture from scratch, and used MRC-20 as the core standard, opening up functions such as token creation, trading, and governance, with the following advantages:

• Full control over the infrastructure, not restricted by other chains

• Lower transaction fees and faster transaction confirmation

• Platform activities are deeply bound to M usage, forming a virtuous cycle

• MemeX allows anyone to issue meme tokens without any barriers

Dogecoin (DOGE)

Dogecoin ( DOGE ) is the earliest meme coin, positioned as an easy payment, but with a single function:

• No smart contracts

• No coin issuance platform

• No companion app

• Strong brand, weak technology

Shiba Inu (SHIB)

SHIB is based on Ethereum. Although it has achieved certain results in community and NFT, it is highly dependent:

• No independent public chain

• Lack of native launch tools

• High gas fee and poor scalability

Bonk (BONK)

BONK , the hottest meme project on Solana, focuses on community participation:

• Built on Solana, advanced technology

• No exclusive coin issuance function

• Mainly used as a motivational tool

Image Credit: DailyDot

Pump.fun (PUMP)

PUMP is a meme launch platform with fast token launch and flexible gameplay:

• Low threshold and fast speed

• Completely dependent on Solana's technology and ecosystem

• Lack of long-term token mechanism and platform scalability

Image Credit: BleepStatic

M Token Risks and Precautions

Although MemeCore and M tokens bring a lot of innovative gameplay, there are also some potential risks to be aware of before participating:

Low liquidity

• As a newly started ecosystem, M's trading volume is still slowly accumulating, and its price is easily affected by large transactions and fluctuates greatly.

Smart Contract Vulnerability Risk

• MemeX is an open coin issuance platform where anyone can create tokens. This also means that some community tokens may have code vulnerabilities or be at risk of malicious exploitation.

Regulatory uncertainty

• The model of Meme tokens and launch platforms has been the focus of regulatory attention. If policies are tightened in the future, it may affect the use or circulation channels of M tokens.

Sentiment-driven market cycles

• Meme coins are easily affected by public opinion and popularity. Their prices may skyrocket due to a temporary popularity, or they may quickly fall back as the topic cools down.

Future development prospects of MemeCore and MemeX (M)

MemeCore and MemeX did not follow the old path of traditional meme coins that rely on hype, but instead worked hard to build infrastructure and provide creators and communities with truly useful tools. This strategy allowed them to seize the initiative in the new narrative of meme+DeFi, "MemeFi".

Overall, the outlook for M tokens can be described as “cautiously optimistic”:

• Independent Layer 1 main chain has been launched

• There are core applications such as MemeX and M-Stake

• A clear roadmap with a focus on users and practicality

As more and more users look for a convenient and secure meme token issuance platform, MemeX has the opportunity to become the "token issuance portal" in Web3. However, the development of the platform, the listing of tokens, and community participation will all be key factors. In this market where meme tokens come and go quickly, MemeCore wants to create an ecosystem that can stay. If this vision can be realized, it is likely to become the backbone of the entire MemeFi world.

MemeCore and MemeX FAQs

1. What is MemeCore?

MemeCore is a Layer 1 blockchain built specifically for meme assets, using the self-developed MRC-20 standard to support coin issuance and transactions.

2. What is MemeX

MemeX is the core dApp on MemeCore, which is equivalent to a meme token launch platform. Users can create and list their own tokens and trade them without programming.

3. What is the use of M tokens? M is the "fuel" of the MemeCore ecosystem, used to pay on-chain gas fees, stake to earn income, participate in coin issuance, and vote in community governance.

4. Where can I check the price of M and trade M/USDT?

You can check prices and trade the M/USDT spot trading pair on XT.COM and other exchanges that support M , or you can do it directly through MemeCore's native dApp.

5. Is M deflationary?

Yes. When users use M to participate in coin issuance or transactions on the chain, some tokens will be destroyed, and the total circulation will gradually decrease over time.

6. Where can I follow the latest project developments?

You can learn about the latest developments of MemeX and MemeCore through the following official channels:

• Official website: https://memecore.com , https://memex.xyz

• Official X (original Twitter): https://x.com/MemeCore_ORG , https://x.com/MemeX_MRC20

• Official Discord group: https://discord.gg/memecore