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One platform for global traditional assets
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Wu said that ZachXBT posted a question challenging MemeCore. While claiming to have received official recognition from Grayscale, MemeCore was asked to provide data supporting a market capitalization of around $6 billion (ranking among the top 20 tokens) and to explain why insiders hold over 90% of the supply; he also pointed out that tokens like RAVE show signs of manipulation on centralized exchanges, having entered the top 15 by market cap and then dropping 95% within a few hours over 10 days. Projects with similar price behaviors include SIREN, MYX, COAI, M, PIPPIN, and RIVER.