MemeCore (M) surged 11% in the past 24 hours, reaching $1.81, making it the top performer in a generally bearish market. This rally comes after a significant $300 million token allocation to MemeMax, which is now positioned as the core decentralized application (dApp) within the ecosystem. Technical indicators suggest increasing momentum and accumulation, while on-chain data shows robust buyer interest. The market's overall sentiment remains cautious, as indicated by a low fear and greed index, yet MemeCore's strategic move has captured investor attention.