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M leads the crypto market with a rise of 11%.$M

MBSC
MUSDT
2.3506
+5.67%

@MemeCore While the crypto market in general has recorded significant declines, M, the native cryptocurrency of MemeCore, the layer 1 blockchain designed for memes, has stood out as the best-performing asset of the day, with a double-digit increase in its price.

At the time of writing, the price of M is quoted at $2.06, with daily gains of 11.9%, weekly gains of 10.2%, and monthly gains of 48.1%. These gains contrast with the weak performance of the crypto market and the recent pullbacks of Bitcoin below $70,000.

#memecore

What is behind the strong rise of M?.

The rise of M is due to its blockchain, MemeCore, completing its second hard fork in March, which introduced significant improvements.

It is worth noting that the first fork of MemeCore significantly reduced gas fees, and that update was also accompanied by a strong increase in the price of its token.

The second fork, implemented on March 25 and named CanPraTree, also generated excitement due to the improvements it incorporated.