Confidence towars #Memecore $M grew when the project announced a treasury buyback of over $10M . Its review revealed no protocol or infrastructure issue, the team said. It also denied selling by the team or foundation during the crash.
MemeCore Foundation Statement
US$10M+ Strategic Treasury Buyback Program
We are aware of the recent market volatility and the concerns raised by our community.
Following a comprehensive internal and on-chain review, we have not identified any confirmed issues within MemeCore.
Our review confirms:
- No issues affecting the protocol or infrastructure.
- All core systems continue to operate normally.
- No token sales were conducted by the MemeCore Foundation.
- No unusual activity has been identified regarding the Foundation's treasury or project operations.
Based on the information currently available, we cannot attribute the recent market movement to any specific source.
However, we observed that certain sell-side orders entered the market within a short period of time. Rather than being executed through normal limit-order trading, these orders were primarily executed as market orders, resulting in heightened short-term price volatility.
Strategic Treasury Buyback Program
Although this event was not caused by the MemeCore Foundation, we remain fully committed to the long-term sustainability of the MemeCore ecosystem.
Accordingly, the Foundation has approved a Strategic Treasury Buyback Program of at least US$10 million.
This initiative forms part of the Foundation's long-term Treasury Management and Ecosystem Support strategy and is intended to:
- Support the long-term sustainability of the MemeCore ecosystem
- Optimize the Foundation's treasury allocation
- Reinforce long-term ecosystem development
To preserve market integrity and minimize front-running or speculative trading, the Foundation will not disclose the timing, execution method, or schedule of the buyback.
The buyback may have already commenced or may be implemented progressively over time.
The Foundation reserves the right to adjust the execution pace, frequency, and amount of each transaction based on market conditions and treasury management considerations.
All repurchased tokens will be transferred to the Foundation's treasury wallet:
0xf0Fe619A8A8C3e65966EEf2E447aD1d54a13C511
Looking Ahead
This event has only strengthened our commitment to building a more resilient MemeCore ecosystem.
In parallel, we are actively preparing additional strategic initiatives to further support the long-term growth of MemeCore.
Further updates will be shared through our official channels as appropriate.
We sincerely appreciate the continued trust and support of our community.
Disclaimer
This announcement reflects the Foundation's current understanding based on the information available at the time of publication.
The Strategic Treasury Buyback Program is part of the Foundation's treasury management and ecosystem development strategy. It should not be interpreted as investment advice, a guarantee of future performance, or any commitment regarding token price.
Digital asset markets remain highly volatile, and neither the Foundation nor any affiliated party guarantees future market performance.
Speaking with reporters ahead of a trip, #Trump said he is profiting because the stock market is going up.
Let's Hope that all of us take advantage of this imaginary bullish stock market
Reporter: Your financial disclosure shows you had a very lucrative year last year. What message does this send to average Americans?
TRUMP: Well, you know, I don't get involved. We have funds that run my money
Reporter: But you are benefitting. We're talking billions of dollars
TRUMP: Well I made a lot of money before I became president. You saw the cash.
#Metaplanet is back in buy mode! π
The company added 2,823 $BTC, bringing its total holdings to 43,000 #BTC while growing its #Bitcoin yield business.
#Bitcoin closed below its 200-week moving average for the first time since 2023, according to a @Barchart post on X. The 200-week MA is widely watched because past breakdowns below it have often appeared near deep cycle lows or long accumulation phases.
Bitcoin $BTC closed below its 200-week moving average for the first time since 2023 π¨ This has historically been a great buying opportunity π€― π
U.S. spot #Bitcoin ETFs recorded about $4.5B in net outflows in June. This marks their worst month since launch in January 2024, according to SoSoValue data. Additionally, the funds posted $222.6M in net outflows on June 30, extending a nine-day losing streak.
The #Ripple CEO says financial engineering won't build long-term value but utility will, blaming #Strategy's funding model for adding pressure to the current crypto correction. Meanwhile, $BTC remains below $60K, while $XRP struggles to hold $1 as markets stay on edge.
#Bitmine joined the Russell 1000 index last week as part of the annual reconstitution. #TomLee noted that they expect to add hundreds, possibly thousands, of additional institutional investors as equity owners with this move.
JUST IN: Tom Lee's Bitmine $BMNR officially joins the Russell 1000 Index today, which is expected to increase institutional demand.
The largest #Ethereum treasury company π₯
#Bitmine just added 27,084 $ETH, pushing its treasury past 5.7M #ETH around 4.7% of Ethereum's total supply. Over 4.9M ETH is already staked, generating an estimated $211M in annual staking revenue, while the company says it's still chasing its 5% ETH ownership goal.
1/
BitMine provided its latest holdings update for June 29, 2026
$9.8 billion in total crypto + "moonshots":
- 5,700,010 ETH at $1,569 per ETH per ETH (per @coinbase)
- 206 Bitcoin (BTC)
- $180 million stake in Beast Industries @MrBeast
- $74 million stake in Eightco Holdings (NASDAQ:$ORBS) (βmoonshotsβ) and
- total cash and marketable securities of $555 million.
Ticker: $BMNR
Chairman: Tom Lee @fundstrat
Link βοΈ
https://t.co/UCIXLY6pI1
Instead of only buying #Bitcoin , #Strategy unveiled a new capital framework with a $2.55B cash reserve, a 12% STRC dividend, up to $2B in authorized buybacks, and the option to sell $BTC if needed to strengthen its balance sheet.
Strategy announces a Digital Credit Capital Framework designed to strengthen Digital Credit, enhance liquidity, preserve long-term Bitcoin exposure, and support long-term value creation. $MSTR $STRC https://t.co/AUoUCtem53
Top analyst Markus Thielen revealed that their #Bitcoin trend model turned bearish on May 22, when Bitcoin traded at $75,600. It has remained bearish despite buy-the-dip sentiment.
#Strategy is teasing another #Bitcoin buy after adding 520 $BTC last week, but this time the market isn't cheering as loudly. Investors are questioning dilution from new share sales, while some analysts say selling a small portion of #BTC could strengthen the balance sheet.
#Cardano users, stay sharp.
#SecondFi says its recovery from the $2.4M $ADA exploit is still on track, with a wallet checker expected early next week. Till then, don't touch your wallet, no trnsfers, no signatures, and definitely don't trust anyone asking for your seed phrase. π‘οΈ
π‘ Recovery Process Status
The team remains on track against the estimated 2-week recovery timeline, with substantial progress continuing as engineering teams work through multiple technical approaches in parallel to determine the most secure recovery solution for affected users.
What Comes Next:
To help users safely prepare for the upcoming next steps, we will be releasing:
1. A suitable mechanism that will allow users to check whether their wallet has been affected by early next week
2. A secure process that will allow users to safely move assets out of the platform thereafter.
Our commitment remains unchanged: protecting users and ensuring assets are returned securely.
Important Security Reminder:
At this stage, NO recovery actions requiring user participation have begun.
Until official instructions are provided, wallets should remain untouched and users should continue to rely only on updates shared through official SecondFi channels.
SecondFi will NEVER request private keys, seed phrases, wallet credentials, or request asset transfers under any circumstances.
Should you have any questions, please submit a ticket only through our official support channel at: https://t.co/bKfl8SK9D2
We remain fully committed to completing this process safely and responsibly, and thank you for your continued support.