Solana memecoin ANSEM up 166,590% in one week

The Solana-based memecoin ANSEM has surged 166,590.76% over the past week and 98.12% in the last 24 hours. The token is named after Ansem, an anonymous crypto analyst with approximately 480,000 followers on X. According to The Data Nerd, the analyst's on-chain portfolio value has increased by over $193 million in the last week, with the majority of the profit originating from the ANSEM token.