Why is MemeCore down today?

MemeCore is up 1.2% over 24 hours to $0.9818 and 26.6% over the week, continuing a run that TokenPost flagged on Oct. 26, when M was up 35.7% in a week while the broader crypto market fell 3.2%. There is no fresh MemeCore-specific news in today's feed: the move looks like a continuation of that decoupling rather than a response to any protocol or listing event.

The move is also happening on very thin turnover. Just $991.8K in 24-hour volume against a $2.25B market cap means small orders can swing the price, which helps explain the whipsaw pattern — M was the market's biggest decliner on Oct. 25, down 17.90% to $0.921, before rebounding.

Elsewhere, the tape is soft. Bitcoin is down 0.6% on the day and 2.6% on the week at $79,544. The session's main headline, final OCC approval for Ripple's national trust bank covering its $2.5B RLUSD stablecoin, failed to lift XRP, underlining a market that is not rewarding bullish news broadly.