{"id":586629,"date":"2026-04-20T14:53:39","date_gmt":"2026-04-20T14:53:39","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/04\/20\/zachxbt-asks-memecore-to-explain-valuation-and-token-supply\/"},"modified":"2026-04-20T14:53:39","modified_gmt":"2026-04-20T14:53:39","slug":"zachxbt-asks-memecore-to-explain-valuation-and-token-supply","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/04\/20\/zachxbt-asks-memecore-to-explain-valuation-and-token-supply\/","title":{"rendered":"ZachXBT asks MemeCore to explain valuation and token supply"},"content":{"rendered":"

\"ZachXBT<\/p>\n

ZachXBT challenged MemeCore to justify its valuation and explain what he claimed is insider-held supply, as the onchain sleuth widened a probe after the RAVE token\u2019s collapse.<\/p>\n

Onchain investigator ZachXBT publicly challenged MemeCore on Monday to justify the valuation and supply distribution of its M token, asking the project to explain its market cap and why \u201cinsiders hold >90% of supply.\u201d<\/p>\n

\u201cPlease provide a single data point to support your $6B mkt cap at a top 20 token and why insiders hold >90% of supply,\u201d wrote<\/a> ZachXBT in a Monday X response to Memecore, a project advertising itself as the layer\u20131 blockchain for the \u201cMeme 2.0 economy.\u201d<\/p>\n

The comments add fresh scrutiny to MemeCore after a sharp rally, though live valuation metrics differed across major trackers. CoinMarketCap ranked<\/a> the token No. 21 at about $4.33 billion on Monday, while CoinGecko ranked<\/a> it No. 20 at about $5.97 billion.<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

ZachXBT challenged MemeCore to justify its valuation and explain what he claimed is insider-held supply, as the onchain sleuth widened a probe after the RAVE token\u2019s collapse. Onchain investigator ZachXBT publicly challenged MemeCore on Monday to justify the valuation and supply distribution of its M token, asking the project to explain its market cap and […]<\/p>\n","protected":false},"author":1,"featured_media":586630,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-586629","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/586629","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=586629"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/586629\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/586630"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=586629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=586629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=586629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}