$ANSEM Ignites the Rally, $TJR Follows with $28M Market Cap
After $ANSEM skyrocketed 600x in 24 hours on Solana, a new celebrity token $TJR surged over 20x this morning. The two are closely linked: $TJR is promoted by its namesake KOL TJR (@_TJRTrades), who has 250K followers on X but over 6 million combined on Instagram, TikTok, and YouTube. TJR initially claimed he would help Ansem with TikTok content to onboard newcomers, and bought $100K worth of $ANSEM. He later hinted at airdropping $TJR, triggering FOMO that drove the token's market cap from $1.6M to $28M. The same deployer sent 79% of $TJR supply to TJR's address.
Deployer Factory: 101 Tokens in 7 Days, Profits of $8.77M
GMGN data reveals the deployer of $TJR is the same as $ANSEM. The address created $ANSEM 13 days ago, sold early for a mere $5.5K profit, then began mass-producing celebrity tokens. Over 7 days, it created 101 different meme coins (mostly targeting known personalities), with 12 exceeding $1M market cap and 3 breaking $10M. The deployer's 7-day paper profit reached 82K SOL (~$6.08M), with deployer fees alone contributing $193K from a few high-cap tokens. Its 30-day profit stands at $8.77M.
Variants and Spillovers: $TESTIBULL, $dog, and More
Beyond direct celebrity endorsements, variants emerged. $TESTIBULL, a spinoff of existing $TESTICLE, was promoted by KOL Dip Wheeler (famous for huge Fartcoin gains) who promised airdrops. Its market cap rocketed from $40K to $5M. $dog was originally intended to be sent to Ansem to replicate $WIF's success, but the deployer accidentally sent tokens to a burn address – a comedic twist that pushed its market cap past $8M. These examples highlight current Solana players' hunger for low-cap moonshots.
Deeper Logic: The VC-ification of Meme Coins
This sudden rally has a clear backdrop: the Solana meme market has been dormant for months, with no billion-dollar meme coin (though $ANSEM remains heavily controlled by Ansem). Most traders missed $ANSEM's surge, creating severe FOMO. More importantly, meme coins are undergoing 'VC-ification'. With exchanges largely blocking meme coin listings and market makers absent, even a $10M market cap is hard to achieve without concentrated holdings. Players no longer care about 'fair distribution'; they now prioritize access to high-odds speculation at low valuations. Thus, even when KOLs like Ansem or TJR control large portions of token supply, the community sees it as 'celebrity backing' – the influencer must eventually pump to exit. This trend started with Trump's official meme coin: low circulating supply equals higher upside, justifying centralization. Influencers have replaced VCs, and their traffic and social consensus become the new liquidity. Many former 'degen' traders are returning, positioning in potential KOL tokens (like bonkguy, him). Sustainability depends on whether $ANSEM can break new highs; otherwise, the frenzy may fade quickly.
