MemeCore Remains Above $3 Following Upgrades Amid ZachXBT’s Valuation Challenge; Maxi Doge Presale Approaches $4.75 Million

MemeCore’s native token M continues to trade above the $3 mark following a period of volatility, currently hovering around $3.55 and valuing the network at approximately $4.56 billion. This movement comes in the wake of recent hard forks that significantly lowered gas fees and enhanced transaction speeds, contributing to an increase in daily active addresses and on-chain activity.

The token’s price stability is noteworthy as it coincides with renewed examination of the project’s valuation. Nevertheless, traders interpret M’s performance as an indication that technical advancements can still support demand even when overall market sentiment is inconsistent.

This context is also driving speculative investments toward earlier-stage opportunities. One project gaining attention is the Maxi Doge (MAXI) presale, which has now accumulated over $4.74 million.

MemeCore is an EVM-compatible Layer 1, positioned by its developers as the infrastructure for “Meme 2.0.” Its hybrid Proof of Meme model integrates delegated proof-of-stake with authority-based block production, while incentive mechanisms distribute rewards to traders, creators, stakers, and validators via Meme Vaults. A portion of the block rewards is also allocated to meme coin initiatives through the Viral Grants Reserve.

The network’s recent upgrades have reduced gas fees by 100 times and introduced account abstraction. These modifications propelled M to a new all-time high of $4.66 just days ago before the token retraced and stabilized above $3.

Recently, on-chain analyst ZachXBT criticized MemeCore in a post on X, sarcastically stating it was “officially recognized” by him while requesting a “single data point” to validate M’s multi-billion-dollar valuation, alongside reports of significant insider ownership.

Officially recognized on @ZachXBT ! We’re just getting started.

Please provide a single data point to support your $6B mkt cap at a top 20 token and why insiders hold >90% of supply. pic.twitter.com/rsFD3oBgfM

— ZachXBT (@zachxbt) April 20, 2026

Thus far, the token has withstood that criticism without dropping below the $3 level. This situation leaves the market contemplating two contrasting narratives: improving network fundamentals on one side and ongoing concerns regarding valuation and supply distribution on the other.

Memecore Speculative Capital Rotates Toward Maxi Doge

As discussions surrounding established meme-related infrastructure projects intensify, some traders are shifting towards presales that offer more straightforward positioning. Maxi Doge is one of the projects benefiting from this transition.

The initiative fully embraces degen trading culture, featuring a bodybuilding Shiba Inu mascot and a “1000x or nothing” identity. Its current offering focuses on daily staking rewards at a 66% APY, along with planned ROI-driven contests, trading tournaments, and partner activations to maintain community engagement beyond the initial sale.

The presale has now raised nearly $4.75 million, with MAXI priced at $0.00028140. This positions the fundraising close to the $5 million target and keeps the project on track for a potential $10 million goal before the sale concludes.

There’s only 1 memecoin on my mind. pic.twitter.com/sFXHM0Zb9N

— MaxiDoge (@MaxiDoge_) April 10, 2026

MAXI’s utility revolves around real-time staking rewards and participation features linked to the project’s trading-centric culture. Supporters contend that this structure fosters ongoing engagement rather than depending solely on launch excitement.

The presale has also continued to gain momentum during broader market downturns, indicating that buyers are responding positively to the project’s straightforward mechanics and community-oriented approach. With the sale now in its later phases, additional inflows could bolster exchange listing plans and enhance MAXI’s visibility within the meme coin sector.

How Buyers Can Access the MAXI Presale

Users can participate through the official Maxi Doge website prior to the next price increase. The presale is also accessible via the Best Wallet app, available for download on Google Play and the Apple App Store, where users can purchase through the app’s “Upcoming Tokens” section.

MAXI can be acquired using ETH, BNB, USDT, or USDC, and bank card payments are accepted.

Staking is already operational during the presale, enabling buyers to begin earning daily rewards immediately after purchase at the advertised 66% APY. At the current token price of $0.00028140, the project is positioning itself as an early opportunity ahead of any future exchange launch.

For updates, follow Maxi Doge on X and join the project’s live Telegram group.

Visit Maxi Doge Token.

The post MemeCore Holds Above $3 After Upgrades, Even as ZachXBT Challenges Valuation; Maxi Doge Presale Nears $4.75M appeared first on Cryptonews.