Category: Solana
This story matters because it changes the way the market should think about the current crypto narrative, not just because it adds one more event to the feed.
The Black Bull (ANSEM) is up roughly 299% over seven days, trading with $64.9 million in 24-hour volume and a market cap near $173 million, per CoinGecko. That size puts ANSEM in a category that traders treat as a read on Solana’s broader risk appetite. Traders are calling the move a sign the trenches are […] The post ANSEM soars 299% and brings Solana’s memecoin trenches back to life – but do we need it now? appeared first on CryptoSlate .
The key is how this development fits into the broader picture — capital flows, policy momentum, platform trust, or ecosystem direction — rather than the isolated headline alone.
Bottom line: this is worth covering because it adds real signal, not because it merely exists.
Source: https://cryptoslate.com/ansem-soars-299-and-brings-solanas-memecoin-trenches-back-to-life-but-do-we-need-it-now/
Source type: Approved crypto-news source
Rewritten in our own words for readability.