ANSEM soars 299% and brings Solana’s memecoin trenches back to life – but do we need it now?
ANSEM is up about 299% in seven days, with $64.9 million in 24-hour volume and a market cap near $173 million, signaling renewed risk appetite in Solana memecoins. Pump.fun and PumpSwap recently crossed $1 billion in daily volume for the first time since April, while weekly DEX volume topped $5 billion, and memecoins rose to over 20% of Solana weekly trading volume. ANSEM has also driven the highest daily token launches and graduations on Pump.fun in 80 days, alongside a rise in copycat tokens. The rebound suggests a possible return of “trenches” activity, but the market remains heavily shaped by bots, snipers, bundlers, and fast exits. Research shows holding times near 100 seconds, coordinated wallets obscuring ownership, and many top-performing memecoins showing signs of artificial inflation or wash trading. Bullish continuation would require sustained volume and new winners; otherwise, ANSEM may fade into a short-lived cultural spike.
