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FollowingSolana's two major memin coins attract attention, speculation is picking up
The memin market on Solana's network is heating up again.$ ANSEM and $MEMEDOGECOIN tokens have attracted widespread attention on the X platform, with traders pointing out that their price fluctuations and rising social activity indicate that speculative demand on the network remains strong.
$MEMEDOGECOIN is the newer of the two. The token was launched through Solana Ecosystem's memecoin issuance platform Pump.fun and quickly climbed to a market value of US$17 million. According to CoinGecko data, it rose more than 200% in 24 hours, a trend that put it on the hot list and gained wider dissemination on the X platform.
$ANSEM's influence continues to affect the Solana market
At the same time,$ANSEM has been in the spotlight for longer. The token is named after trader Ansem, who has become one of the most influential voices on cryptocurrency Twitter with his accurate predictions of Solana and memin. However, he did not create the token.$ ANSEM is not a single currency, but a series of competitive Solana memes derived around the online identity of encrypted KOL Ansem (real name Zion Thomas), none of which he created himself.
$ANSEM rose by approximately 299% in seven days, driving an increase in Solana's mine-coin trading volume and Pump.fun platform trading volume. This trend is important because meminoin currently accounts for more than 20% of Solana's weekly trading volume, reflecting a broad recovery in risk appetite.
There are important caveats surrounding the background of $ANSEM. For anyone exposed to this trend, the reality can be quite serious: there is no guarantee that the token called $ANSEM is the one under discussion, that it is recognized by Ansem, or that it is just a speculative tool deployed by strangers. Ansem himself did not create most of these tokens and has publicly denied many of them.
The overall risks of Pump.fun's launch of tokens are also worthy of attention. Research firm Solidius Labs analyzed tokens launched on Pump.fun before April 2025 and had at least five transactions, and found that 98.6% of the tokens fell below US$1000 in terms of residual liquidity, which marks a typical increase in shipping model, which ultimately led to the loss of money for later buyers.
As with all memes, anyone considering participating should conduct adequate independent research. The content of this document does not constitute any financial advice.
