Solana Meme Rally Continues: From $ANSEM to $TJR
After $ANSEM's explosive 600x gain in 24 hours, Solana meme market gained new momentum. Well-known KOL TJR (@_TJR_Trades) publicly announced support for Ansem’s TikTok content and purchased $100,000 worth of $ANSEM, continuously hyping it. This morning, TJR acknowledged $TJR as his token and confirmed upcoming airdrops, causing the market cap to surge from $1.6M to $28M—a 17x increase from the day's low and 70x from yesterday's $400K floor. TJR has only 250K followers on X but over 1.5M on Instagram, TikTok, and YouTube combined, giving him substantial reach beyond crypto-native circles.
Deployer's Rampant Token Creation: 101 Tokens in 7 Days, $6.08M Profit
The same deployer behind $ANSEM also launched $TJR, sending 79% of supply to TJR's address. According to GMGN monitoring, after earning just $5,500 in net profit from the initial $ANSEM sale 13 days ago, the deployer embarked on a high-frequency token mining spree: 101 different meme coins in 7 days, mostly 'celebrity coins' targeting known influencers. 12 tokens exceeded $1M market cap at peak, 3 broke $10M. The deployer's paper profit over 7 days reached 82,000 SOL (≈$6.08M), with token deployer fees from a few high-cap coins contributing $193K. 30-day profit stands at $8.77M. This pattern underscores the speculative frenzy and profit-churning nature of the current meme market.
Other Variants: $TESTIBULL and $dog's Dramatic Twists
Beyond $TJR, $TESTIBULL—a derivative of the 'Black Bull' concept from $ANSEM—was promoted by KOL Dip Wheeler (known for profitable Fartcoin trades) through airdrop promises, jumping from $40K to $5M market cap. $dog inadvertently became a hit when its deployer mistakenly sent tokens to a burn address, creating a $SLERF-like narrative that drove the cap to $8M. Meanwhile, $ANSEM held its ground but stalled, indicating hesitation after the initial surge.
Underlying Drivers: Player Hunger and the VC-ization of Meme Coins
This 'celebrity coin' wave is not a mere repeat. The Solana meme market had been dormant for weeks, with no billion-dollar-cap memes for a long time. Many players missed the $ANSEM pump, generating intense FOMO that spilled into new tokens like $TJR. More importantly, meme coins are undergoing 'VC-ization': with exchange listing channels closed and market makers absent, influencers have stepped into the role previously held by VCs, providing liquidity through personal brand, attention, and consensus. Players no longer fixate on token distribution fairness; instead, they seek low-valuation entry points for high-odds bets, trusting that influencers will pump the token to exit profitably. This pattern first appeared during Trump's token launch and is now replaying on Solana. Many veteran 'degen' traders are returning, hunting for potential KOL-endorsed tokens. However, sustainability depends on whether $ANSEM can set new highs; otherwise, sentiment may fade quickly.
