BlockBeats News, June 28th, according to GMGN data, the Solana ecosystem Meme coin ANSEM approached a market cap of nearly $100 million, currently retraced to $86 million, with a 24-hour increase of 424x and a 24-hour trading volume of $59.2 million. The token's developer, crypto KOL Ansem, holds the number one developer address, with a stake as high as 60.4%, unrealized gains of $55.5 million, a staggering ROI of 81,917.2%, and has not yet made any sell transactions.
Today, Ansem stated on social media that due to Pump.fun's "refusal to airdrop," he had to provide a "stimmy" to the "trenches" (referring to on-chain Meme coin traders). As of the post, Ansem continues to make posts to pump the community sentiment.
BlockBeats reminds users: Meme coins have no practical use case, experience significant price volatility, so please be cautious to protect your assets and avoid FOMO.
