Original | Odaily Planet Daily(@OdailyChina)
Author | Asher(@Asher_0210)
Lately, I've been focused on researching major opportunities within the World Cup prediction markets, completely missing out on an even bigger opportunity in a corner of the on-chain world. Yesterday, the Solana Meme scene witnessed a long-awaited rapid-rise play — ANSEM. In the early hours of yesterday, ANSEM's market cap was only around $4 million. In less than a day, it surpassed $100 million and currently stands at approximately $97 million.
Stories of overnight riches flooded social media.
According to Lookonchain monitoring, a smart-money wallet spent 56.4 SOL (around $4,050) to buy 25.99 million ANSEM 10 days ago. As ANSEM's price skyrocketed, the holder sold all holdings yesterday for 7,649 SOL, valued at approximately $539,000, realizing a gain of over 135x.
Why did ANSEM suddenly surge? What is its actual relationship with the prominent KOL Ansem? Can it lift other Meme coins? Odaily Planet Daily will delve into these questions below.
Does It Matter if ANSEM Isn't Issued by Ansem?
Upon hearing of ANSEM's surge yesterday, many people's first reaction was: Is this a token issued by Ansem himself?
The answer is no.
Ansem, whose real name is Zion Thomas, is one of the most representative KOLs in the Solana Meme circle. During the last Meme frenzy, keywords like WIF, Solana small caps, early-stage pumps, and on-chain bullish sentiment were long associated with him. For many Solana players, Ansem is not just a KOL but more like the "King of Solana Memes."
However, ANSEM is not a token issued by him.
ANSEM, full name The Black Bull, is a community Meme within the Solana ecosystem. It is neither issued by Ansem nor endorsed by him in any way. Its description even specifically emphasizes that the token has no official affiliation with Ansem.
But in the Meme market, "relationship" isn't defined by official statements; it's shouted into existence by the community. The name ANSEM alone naturally directs associations toward Ansem. As long as the community is willing to create content, memes, and narratives around this name, ANSEM is automatically categorized as an Ansem-related Meme.
Even more cleverly, ANSEM's theme is "The Black Bull." This name expertly captures the emotions of Meme players. The Black Bull doesn't correspond to a specific product but rather to the market persona Ansem has cultivated: bullish on Solana, fearless in chasing Memes, unafraid of volatility, standing in the on-chain trenches like a black bull.
ANSEM didn't stop at just the name. The creator sent approximately 65% of ANSEM's total supply to Ansem's public wallet, forcibly tethering the token to Ansem himself through on-chain holdings.
However, the true catalyst for ANSEM's 190x surge within a day was an X (formerly Twitter) post from Ansem that touched the most sensitive nerve of Solana Meme players — the long-awaited PUMP airdrop hadn't arrived, so he would give something back to the on-chain community.
With No PUMP Airdrop in Sight, Market Sentiment Found a Home in ANSEM
ANSEM truly began attracting concentrated attention from large funds following Ansem's statement regarding Pump.fun creator fees.
On X, he stated, "I have no current plans to launch a personal token, but I will use the creator fees earned from my Pump.fun profile to randomly airdrop to followers each week." Reportedly, Ansem earned around $200,000 from these creator fees last week alone.
This statement perfectly addressed the emotional void left by the absent PUMP airdrop.
Pump.fun has generated significant revenue, and the PUMP token has been launched, but the airdrop many early users anticipated never materialized. When Ansem said he would redistribute his earnings from Pump.fun back to on-chain players, the market easily interpreted it as a simpler message: What PUMP didn't deliver, Ansem will.
ANSEM was consequently thrust back into the spotlight. It was no longer just another Ansem-related Meme but became the most direct trading vehicle for the sentiment of "Ansem giving back to the on-chain community."
More importantly, Ansem's continued engagement on X yesterday, discussing Solana Memes, Pump.fun, and market sentiment, allowed this association to further ferment.
The Meme "Feeling" is Back, But Don't Forget This is a Sentiment Play
The reason ANSEM went viral across all platforms yesterday is precisely because its rise was fast and furious enough. It had been a long time since a Solana ecosystem Meme coin rallied from a rapid pump to a market cap exceeding $100 million within a single day, and equally long since stories of "turning thousands into hundreds of thousands" flooded the on-chain narrative.
Of course, ANSEM's ability to be rapidly bid up in a short period is also related to its token distribution. The creator sending ~65% of the total supply to Ansem's public wallet essentially locked a majority of the tokens in an address under the market's full scrutiny. With fewer tokens actually circulating for trading externally, concentrated buying pressure can more easily push the price up.
ANSEM captured the sentiment left unfulfilled by the missing PUMP airdrop, as well as the pent-up restlessness of Solana Meme players who hadn't seen a major rally in a long time. ANSEM's current ascent is still largely driven by sentiment, consensus, and attention. Whether Ansem will continue engaging, if community heat can be sustained, and if major holders will sell are all uncertainties. Particularly with a low actual circulating supply, what goes up fast can come down even faster.
As for how long this sentiment-fueled fire will burn, it depends on whether the community can continue expanding the narrative, and whether newcomers are willing to keep buying into this story.
