UPDATED SAT 07 NOV · 15:16 UTCLIVE
CryptoMedium

Memecoin revival and Ansem backlash

Memecoins are heating up, with posts about a coin ran to $5M and 'memecoins are back', alongside criticism of Ansem and KOL promotions.

What we know

ZachXBT's criticism of KOL promotion of microcap tokens sits beside disappointment in Ansem. Bizzy noted a rapid run to $5M and Kaleo said two dog coins passed $10B. An account on X relays an alleged $DIDDY shill payout.

By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.