MemeCore's M token falls 30% in a week despite LayerZero bridge integration
- —M trades roughly 62% below its September 20 peak of $1.785
- —The $0.972 range floor broke on October 12 with no bounce since
- —About 56.11 million M worth ~$57 million unlocked on October 2
- —RSI at 21 is the lowest since late June, with no sign of a bottom
Why it matters: Holders who bought between $0.97 and $1.28 are down 30-50% and likely to sell into any rebound, capping recovery.
Source: Crypto News Flash