$ANSEM deployer sends 60% of supply to Ansem, who says he has airdropped $7M to holders
The Solana memecoin $ANSEM is facing scrutiny after on-chain analysts revealed the token's deployer transferred approximately 60% of its total supply—650 million tokens—to crypto influencer Ansem. The deployer then sold their remaining tokens for about $11,800, securing an estimated profit of $5,500, despite the token briefly reaching a valuation above $120 million.
In response, Ansem stated he has already distributed roughly $7 million worth of $ANSEM through community airdrops and plans further distributions as the token's market cap grows, aiming to expand the holder base. However, analytics platform Bubblemaps identified an early holder cluster that has sold about $500,000 of tokens and still holds around 1% of the supply, indicating continued selling pressure amidst the token's volatile rally and $43 million market capitalization.
ambcrypto5h ago
