Onchain memes are pulling real liquidity rn 👀
The clearest case is $ANSEM.
The token launched on June 28, has been making new ATHs nonstop, and recently touched around $444M market cap.
What makes $ANSEM interesting is that it is not only moving because of the chart.
The token had around $7M ANSEM airdropped to Solana users, with the goal of expanding its holder base from around 25,000 wallets to a much larger base (86k+ now).
On top of that, creator fees from Pumpfun were reported in the $200K–$378K range in just one week.
This is a pretty clear signal that memecoins today are not just about price anymore, but also about:
holder growth, fee flywheels, airdrop distribution, and attention capture.
But the risk side is also very real.
Some onchain data showed that ANSEM supply was highly concentrated at the beginning, with a related wallet holding around 65% of total supply. Even after the airdrop, that number was still around 58.7%.
For memecoins, this is the kind of structure that needs to be watched carefully.
Because market cap can move up very fast, but liquidity does not always follow.
For example, some memes can reach nearly $100M market cap while liquidity sits around only $1M–$1.2M.
That means the market-cap-to-liquidity ratio can go as high as 80x.
The chart can look beautiful, but the real exit liquidity may be much thinner than it seems.
Meanwhile, $ANSEM also seems to have helped trigger a broader meme rally across the BSC ecosystem.
BNB Chain is starting to show signs of rotation too, with around $327M in 24h DEX volume and over $18B in 30D volume.
2 largest memecoins there rn are $CZ and $TCC, with around $58M and $14M market cap respectively.
Beyond celebrity-driven narratives, what caught my attention in this meme rally is that burn mechanisms and liquidity-lock models are becoming more common.
Anw, I think it's a reasonable playbook in a bear market where liquidity is scarce.
But this is still an extremely hard market.
A report I recently read looked at more than 832,000 Pumpfun token launches and found that the real graduation rate was only around 0.198%.
And to find a ticker that actually makes money, you do not only need to beat that ratio.
You also need insight, signals, capital management, and absolute focus.
Cuz it is still meme anyway.
For me, the current signal is simple:
Onchain liquidity is starting to go risk-on again.
Attention is coming back to memecoins.
The market’s focus seems to be slowly rotating from Solana toward the BSC meme ecosystem.
And this trend still has room to continue.
