A group of on-chain players who didn’t watch the World Cup struck it rich with ANSEM

Author: Asher (@Asher_0210)

Lately, I’ve been entirely focused on researching big opportunities in the World Cup prediction market, completely overlooking the larger opportunities lurking in the on-chain corners. Yesterday, Solana Meme saw a long-awaited rapid breakout — ANSEM. Early yesterday morning, ANSEM’s market cap was just around $4 million. In less than a day, it surged past $100 million, currently sitting at approximately $97 million.

Rags-to-riches stories flooded social media shortly after.

According to Lookonchain monitoring, a “smart money” wallet spent 56.4 SOL (approximately $4,050) 10 days ago to buy 25.99 million ANSEM. As ANSEM skyrocketed, he sold all his holdings yesterday, receiving 7,649 SOL (worth about $539,000), netting a profit of over 135x.

Why did ANSEM suddenly surge? What exactly is its relationship with the well-known KOL Ansem? Can it lift other Meme coins? Odaily will break it all down below.

Does it matter if Ansem launched ANSEM?

When ANSEM skyrocketed yesterday, many people’s first reaction was: Did Ansem himself launch this token?

The answer is no.

Ansem, real name Zion Thomas, is one of the most representative KOLs in the Solana Meme space. During the previous Meme craze, keywords like WIF, Solana small-cap coins, early-stage plays, and on-chain bullish sentiment were all closely tied to him. For many Solana players, Ansem is not just a KOL; he’s more like the “King of Solana Memes.”

But ANSEM is not a token he issued.

ANSEM, fully named The Black Bull, is a community Meme on the Solana ecosystem. It was neither issued nor endorsed by Ansem himself. In fact, its description explicitly states that the token has no official association with Ansem.

However, in the Meme market, “relationships” aren’t confirmed by official statements but are shouted into existence by the community. The name ANSEM is right there, naturally prompting everyone to associate it with Ansem. As long as the community is willing to create content, memes, and narratives around this name, ANSEM will automatically be categorized under Ansem-related Memes.

More ingeniously, ANSEM’s branding is “The Black Bull.” This name cleverly taps into the emotions of Meme players. The Black Bull doesn’t correspond to a specific product but rather to the market impression Ansem has always given: bullish on Solana, daring to go all-in on Memes, unafraid of volatility — like a black bull standing firm in the on-chain trenches.

ANSEM didn’t stop at just the name. The creator sent approximately 65% of ANSEM’s total supply to Ansem’s public wallet, forcibly linking this coin to Ansem himself through on-chain holdings.

But the real reason ANSEM surged 190x intraday was Ansem’s post on X, which touched the most sensitive nerve of Solana Meme players — the long-awaited PUMP airdrop. Since the airdrop hasn’t arrived, he decided to give back to on-chain players himself.

Waiting in vain for the PUMP airdrop, the market pins its hopes on ANSEM

The moment major capital started focusing on ANSEM was after Ansem’s statement regarding Pump.fun creator fees.

On X, he stated, “I have no plans to issue a personal token for now, but I will use the creator fees earned from my Pump.fun profile to conduct weekly random airdrops to my followers.” Reportedly, Ansem earned approximately $200,000 from these creator fees last week alone.

This statement perfectly hit the emotional gap left by the absent PUMP airdrop.

Pump.fun made a lot of money, and PUMP has already launched, but the airdrop many early users anticipated has yet to materialize. Now, with Ansem saying he will redistribute the income he earned from Pump.fun back to on-chain players, the market easily interprets it as a simpler message: “What PUMP didn’t deliver, Ansem will.”

Consequently, ANSEM was thrust back into the spotlight. It was no longer just an Ansem-related Meme; it became the most direct trading vehicle for the sentiment of “Ansem giving back to on-chain players.”

More importantly, Ansem’s continuous interaction on X yesterday regarding Solana Memes, Pump.fun, and market sentiment further fuelled this association.

The Meme “vibe” is back, but don’t forget it’s sentiment-driven

ANSEM dominated the crypto conversation yesterday simply because its rise was fast and furious. It’s been a long time since a Solana ecosystem Meme coin broke out rapidly to a billion-dollar market cap within a single day, and it’s been equally long since we saw “thousands to hundreds of thousands of dollars” on-chain rags-to-riches stories dominating feeds.

Of course, ANSEM’s rapid price surge is also related to its token supply structure. The creator sent about 65% of the total ANSEM supply to Ansem’s public wallet, essentially placing the majority of tokens in an address monitored by the entire market. With fewer tokens available for actual trading externally, concentrated buying pressure can push the price up much more easily.

ANSEM absorbed the disappointment from the failed PUMP airdrop and also captured the pent-up energy of Solana Meme players who haven’t seen a major rally in a long time. Currently, ANSEM’s rise is driven more by sentiment, community consensus, and attention. Whether Ansem will continue to engage, whether the community heat can be sustained, and whether top wallet addresses will sell are all uncertain factors. Especially given its relatively low circulating supply, what goes up fast can come down even faster.

How long this sentiment will last depends on whether the community can continue telling the story, and whether subsequent entrants are willing to keep buying into that narrative.

This article is sourced from the internet: A group of on-chain players who didn’t watch the World Cup struck it rich with ANSEM

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