Ansem: 2017 Altcoins and Current Meme Coins Are Essentially the Same

Chainthink

Release Time: 2026/08/28 04:33:02

Summary

Meme coin news broke on August 28, 2026, when crypto KOL Ansem compared 2017 altcoins to today’s meme coins. He referred to the former as “meme coins with whitepapers,” noting they leveraged founder stories to attract investors. Current meme coins, he said, are more transparent, focusing on attention rather than technical narratives. Ansem now sees greater potential in trending altcoins than ever before.

ChainThink reports that on August 28, according to a post on X, crypto KOL Ansem stated that the altcoins popular in 2017 are essentially no different from today’s meme coins—they were merely “meme coins with whitepapers,” attracting investors through their founders and project narratives.

In contrast, Ansem believes that current meme coins at least openly acknowledge that they are trading on market attention, without attempting to wrap themselves in complex technological or application-based narratives.

Based on this assessment, he stated that he is currently more bullish on meme coins than ever before.

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