đ KOL Coin $ANSEM Has Fallen from $400M to $91MâShould the People Who Promoted It Step In to Save the Market?
$ANSEM on Solana is back in the spotlight.
Launched on pump.fun in mid-June, the coin was branded âThe Black Bullâ and associated with crypto KOL Ansem (@blknoiz06). Its market cap once topped $400 million, but the price has now slid to around $0.091, putting its market cap at roughly $91 million. Under sustained selling pressure, it has continued to break below key levels.
The community is now split into three camps:
đš One says âthe bottom is inâ and is preparing to buy in gradually
đš Another is urging Ansem himself to show up more and spark renewed interest
đš A third warns that the chart is still weakening and there may be further downside
The project team is promoting airdrops and liquidity-related features, while emphasizing transparency. But what people really want is a clearer direction.
My take: When a coin is tied to one personâs name, it benefits from that personâs influence on the way upâand when it falls, people can only hope that person steps in. If a coinâs price needs someone to âcome out and say a few wordsâ to stabilize it, then what itâs really trading is attentionâand attention is one of the easiest things to shift elsewhere. You can participate, but size your position as if it could go to zero at any moment.
Do you think KOL/celebrity coins still have a chance of building a lasting run, or are they destined to be just another wave of hype? Share your thoughts in the comments đ
#Memeĺ¸ #Solana #ANSEM #RiskManagement
$ANSEM on Solana is back in the spotlight.
Launched on pump.fun in mid-June, the coin was branded âThe Black Bullâ and associated with crypto KOL Ansem (@blknoiz06). Its market cap once topped $400 million, but the price has now slid to around $0.091, putting its market cap at roughly $91 million. Under sustained selling pressure, it has continued to break below key levels.
The community is now split into three camps:
đš One says âthe bottom is inâ and is preparing to buy in gradually
đš Another is urging Ansem himself to show up more and spark renewed interest
đš A third warns that the chart is still weakening and there may be further downside
The project team is promoting airdrops and liquidity-related features, while emphasizing transparency. But what people really want is a clearer direction.
My take: When a coin is tied to one personâs name, it benefits from that personâs influence on the way upâand when it falls, people can only hope that person steps in. If a coinâs price needs someone to âcome out and say a few wordsâ to stabilize it, then what itâs really trading is attentionâand attention is one of the easiest things to shift elsewhere. You can participate, but size your position as if it could go to zero at any moment.
Do you think KOL/celebrity coins still have a chance of building a lasting run, or are they destined to be just another wave of hype? Share your thoughts in the comments đ
#Memeĺ¸ #Solana #ANSEM #RiskManagement