Huo Xing Cai Jing reports that on August 28, crypto KOL Ansem stated that the altcoins popular in 2017 are essentially no different from meme coins in 2026. He believes the former were merely “meme coins with whitepapers,” attracting investors through founders and project narratives. In contrast, Ansem argues that current meme coins at least openly acknowledge they are trading vehicles driven by market attention, without attempting to mask themselves with complex technical or application-based narratives. Based on this assessment, he says he is more bullish on meme coins than ever before.
Ansem: 2017 Altcoins and 2026 Meme Coins Are Essentially the Same
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Summary
Meme coin news broke on August 28, 2026, when crypto KOL Ansem compared 2017 altcoins to today’s trending altcoins. He referred to early altcoins as “meme coins with whitepapers,” noting they relied on founders and narratives to attract investors. Current meme coins, he said, are more transparent, focusing on attention without hiding behind technical jargon. Ansem now sees greater potential in meme coins than before.
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