MemeCore’s native token M is still trading above the $3 level after a volatile stretch, holding near $3.55 and valuing the network at about $4.56 billion. The move follows recent hard forks that sharply reduced gas fees and improved transaction speeds, helping lift daily active addresses and on-chain volume.
The price resilience is notable because it has come alongside renewed scrutiny of the project’s valuation. Even so, traders are reading M’s performance as a sign that technical improvements can still underpin demand when broader market sentiment is uneven.
That backdrop is also pushing speculative capital toward earlier-stage bets. One project drawing attention is the Maxi Doge (MAXI) presale, which has now raised more than $4.74 million.
MemeCore is an EVM-compatible Layer 1 positioned by its developers as infrastructure for “Meme 2.0.” Its hybrid Proof of Meme model combines delegated proof-of-stake with authority-based block production, while incentive systems route rewards to traders, creators, stakers, and validators through Meme Vaults. Part of the block rewards is also directed to meme coin projects through the Viral Grants Reserve.
The network’s latest upgrades cut gas fees by 100x and introduced account abstraction. Those changes helped send M to a fresh all-time high of $4.66 only days ago before the token pulled back and stabilized above $3.
Yesterday, on-chain investigator ZachXBT criticized MemeCore in a post on X, sarcastically saying it was “officially recognized” by him while asking for a “single data point” that would justify M’s multi-billion-dollar valuation, alongside reports of significant insider concentration.
Officially recognized on @ZachXBT ! We’re just getting started.
Please provide a single data point to support your $6B mkt cap at a top 20 token and why insiders hold >90% of supply. pic.twitter.com/rsFD3oBgfM
— ZachXBT (@zachxbt) April 20, 2026
So far, the token has absorbed that criticism without losing the $3 threshold. That leaves the market weighing two competing narratives: improving network fundamentals on one side and ongoing questions about valuation and supply distribution on the other.
Memecore Speculative Capital Rotates Toward Maxi Doge
As debate around established meme-linked infrastructure projects intensifies, some traders are rotating into presales that offer simpler positioning. Maxi Doge is one of the names benefiting from that shift.
The project leans fully into degen trading culture, using a bodybuilding Shiba Inu mascot and a “1000x or nothing” identity. Its current offer centers on daily staking rewards at a 66% APY, alongside planned ROI-focused contests, trading tournaments, and partner activations to keep the community active beyond the initial sale.
The presale has now brought in almost $4.75 million, with MAXI priced at $0.00028140. That places the raise within reach of the $5 million mark and keeps the project on track toward a possible $10 million target before the sale ends.
There's only 1 memecoin on my mind. pic.twitter.com/sFXHM0Zb9N
— MaxiDoge (@MaxiDoge_) April 10, 2026
MAXI’s utility is built around real-time staking rewards and participation features tied to the project’s trading-first culture. Supporters argue that structure encourages repeat engagement rather than relying solely on launch hype.
The presale has also continued to gain traction during broader market dips, suggesting buyers are responding to the project’s straightforward mechanics and community-focused positioning. With the sale now in its later stages, further inflows could support exchange listing plans and widen MAXI’s profile across the meme coin market.
How Buyers Can Access the MAXI Presale
Users can join through the official Maxi Doge website before the next price increase. The presale is also available through the Best Wallet app, downloadable on Google Play and the Apple App Store, where users can buy through the app’s “Upcoming Tokens” section.
MAXI can be purchased using ETH, BNB, USDT, or USDC, and bank card payments are supported.
Staking is already active during the presale, allowing buyers to start earning daily rewards immediately after purchase at the advertised 66% APY. At the current token price of $0.00028140, the project is positioning itself as an early entry ahead of any future exchange debut.
For updates, follow Maxi Doge on X and join the project’s live Telegram group.
Visit Maxi Doge Token.
The post MemeCore Holds Above $3 After Upgrades, Even as ZachXBT Challenges Valuation; Maxi Doge Presale Nears $4.75M appeared first on Cryptonews.
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