24-hour Surge of 11,500% Propels Solana-based Meme Coin ANSEM to a Transient $32 Million Market Cap

BlockBeats News, June 28th, according to GMGN data, the Solana ecosystem Meme coin ANSEM briefly surged to a market capitalization of $32 million, now retraced to $24 million, with a 24-hour increase of 115x and a 24-hour trading volume of $21.2 million.

Today, crypto KOL Ansem stated on social media that due to Pump.fun's "refusal to airdrop," he had to provide some "stimmy" (stimulus) to the "trenches" (referring to on-chain Meme coin traders).

BlockBeats reminds users: Most Meme coins have no practical use case and are highly volatile. Please be cautious of asset protection and avoid FOMO.