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ANSEM Meme Coin Deployer Made $5.5K While Ansem Got $71M Worth


ANSEM Meme Coin Deployer Made $5.5K While Ansem Got $71M Worth

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A Solana-based meme coin named after influencer Ansem surged to a fully diluted valuation above $108 million, with on-chain data showing Ansem's wallet holds more than $71 million of the token. The original deployer reportedly only walked away with $5,500, highlighting concentrated token distribution, token launch and market manipulation risks for crypto investors and DeFi participants.

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A Solana-based meme coin named after prominent crypto influencer Ansem has rocketed to a fully diluted valuation of over $108 million, with on-chain data showing his wallet holds more than $71 million worth of the token.

However, the person who actually deployed the coin reportedly walked away with just $5,500.

Read the article at CryptoPotato

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