- The wallet that deployed the ANSEM (CRYPTO:ANSEM) memecoin realised only about US$5,500 in profit despite the token reaching a market capitalisation above US$120 million.
- Blockchain data shows the deployer spent about US$6,300 to launch the token before transferring most of the supply to crypto influencer Ansem.
- The episode highlights how realised profits can differ significantly from market capitalisation and unrealised gains in Solana memecoin markets.
The wallet that launched ANSEM (CRYPTO:ANSEM) realised approximately US$5,500 in profit after spending about US$6,300 to deploy the Solana (CRYPTO:SOL) memecoin, despite the token briefly reaching a market capitalisation exceeding US$120 million.
According to Lookonchain, the deployer transferred 650 million ANSEM tokens to crypto influencer Ansem before selling the remaining 142.45 million tokens for about US$11,800.
The token gained momentum after Ansem criticised Solana token launchpad pump.fun and said he would deliver a financial “stimulus” directly to retail traders.
Blockchain data from GMGN shows Ansem controls about 604 million ANSEM tokens, representing 60.4% of the total supply, with an unrealised return exceeding 80,000% based on current market prices.
Lookonchain also identified an early trader who bought 14.2 million ANSEM tokens for about US$2,330, later sold 4.2 million for approximately US$68,100 and continues to hold 10 million tokens valued at around US$548,800.
The sharp difference between the deployer’s realised profit and Ansem’s unrealised gains highlights the concentrated token ownership often seen in newly launched Solana memecoins.
The ANSEM token’s rapid rise also demonstrates how social media attention and concentrated supply can drive significant price volatility, making careful verification and risk management important for market participants.
At the time of reporting, Solana price was $72.28.
