Meme coin ANSEM experiences a short-term drop of around 20%, dipping its market cap to $150 million

BlockBeats News, July 16, according to GMGN market data, Meme coin ANSEM experienced a short-term decline of about 20%, with a market cap dropping to $150 million and is currently valued at $163 million. It has a 24-hour price drop of 33% and a 24-hour trading volume of $33.4 million.

BlockBeats Note: Meme coins are highly volatile, mostly driven by market sentiment and hype, lacking actual value or use case. Investors should be aware of the risks involved.