MemeCore Expands Horizons with KOSDAQ Acquisition Venture

Author: Thomas Cooper Updated: 06-05-2025 02:09 AM

MemeCore Takes Strategic Steps in South Korea

MemeCore, a pioneer in the evolving landscape of blockchain, has recently announced its strategic acquisition of a KOSDAQ-listed company. This move marks a significant milestone as the company pushes forward to strengthen its presence in South Korea, a hub of vibrant crypto trading activity.

Introducing the Meme 2.0 Movement

Positioned at the forefront of the viral economy, MemeCore is redefining what meme coins can be. With the introduction of Meme 2.0, the focus shifts from temporary fads to sustainable cultural and economic assets. The innovative approach utilizes a proprietary consensus algorithm known as Proof of Meme (PoM), which greatly enhances on-chain connectivity and value for various community-driven meme coins.

Acknowledgment on the Global Stage

MemeCore has garnered significant attention worldwide, not just for its groundbreaking blockchain technology but also for its status as the second-largest holder of the $TRUMP meme token. The company recently participated in an exclusive dinner with President Donald Trump, attended by top holders of the token, further highlighting its growing influence within the crypto community.

CEO Jun stated, "This acquisition allows us to solidify our foothold in South Korea — one of the world's leading markets for cryptocurrency trading, and it will boost our growth trajectory within the region." The company is keen on expanding its services and influence in an incredibly dynamic environment.

Building Foundations for Innovation

This strategic acquisition will serve as a cornerstone for MemeCore to achieve important certifications, like ISMS certification and Virtual Asset Service Provider (VASP) registration in South Korea. This step will pave the way for creating a strong local decentralized application (dApp) ecosystem based on MemeCore's mainnet.

The acquired entity is expected to realign its business focus toward Web3 innovations and digital assets, further enhancing the ecosystem established by MemeCore. Currently in negotiations, the project is diligently performing due diligence with various listed companies.

Upon completion of the acquisition, the project will initiate a phased launch of MRC-20 token services, as well as community-centric dApps designed specifically for the South Korean market.

About MemeCore

As the first Layer 1 blockchain designed specifically for the Meme 2.0 movement, MemeCore is committed to transforming meme coins into lasting assets. With its viral economy model, the platform rewards both viral content and transaction activity, making each meaningful interaction part of a value-generating ecosystem.

Frequently Asked Questions

What is MemeCore?

MemeCore is the first Layer 1 blockchain focused on creating sustainable meme coins through its unique approach called Meme 2.0.

Why is MemeCore entering the South Korean market?

The South Korean market is highly active in crypto trading, making it a strategic location for MemeCore's expansion.

What is Proof of Meme (PoM)?

Proof of Meme is MemeCore's proprietary consensus algorithm that enhances the value and connectivity of community-driven meme coins.

What is ISMS certification?

ISMS certification ensures compliance with information security management standards vital for operating in the crypto space.

How will MemeCore benefit from this acquisition?

The acquisition will allow MemeCore to create a local dApp ecosystem, boost services like MRC-20 tokens, and strengthen its market position.

About The Author

Hello, I'm Thomas Cooper, a financial expert and writer passionate about helping people understand and navigate the financial world. Having a solid financial background and a lot of experience, my area of expertise is simplifying difficult financial ideas into useful, understandable guidance. My goal with my writings and blog entries is to provide you the information and resources you need to make wise financial choices.

I am thrilled to contribute my ideas and engage with a lively investor community at Investors Hangout, where I recently joined the team. My mission is to make finance interesting and approachable so you may take charge of your financial future. I appreciate you coming along on this path to success and financial knowledge.

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