ZachXBT asks MemeCore to explain valuation and token supply

Onchain investigator ZachXBT publicly challenged

ZachXBT asks MemeCore to explain valuation and token supply

ZachXBT asks MemeCore to explain valuation and token supply

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 “insiders hold >90% of supply.”

M token, top 250 holders by amount. Source: Bubblemaps
RAVE/USD, 1-year chart. Source: CoinMarketCap
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