Ansem says breakout apps are key to crypto’s next growth wave

Meme-coin trader Ansem said on X that one of the biggest growth catalysts the crypto industry needs is innovative applications that can attract new user groups. Ansem added that early signs emerged this summer on meme-coin issuance and trading platform PUMP and crypto social trading app FOMO, while Friendtech in 2023 also drew in users who had not previously participated in the crypto market. Ansem said crypto neobanking and payment card services, including ETHFI, have also recently been drawing attention. Apps that offer new forms of consumption and on-chain participation could drive the market’s next expansion, with new users and capital inflows as the key variables. Ansem has previously faced criticism from well-known on-chain analyst ZachXBT and others, who said Ansem promoted low-market-cap meme coins, encouraged buying by retail investors and took part in so-called pump-and-dump activity.