ANSEM passes $250 million market cap; Arkham says Ansem is up $146 million

Arkham said Ansem still holds 58% of the coin as its valuation moved above $250 million, concentrating a large share of supply with the figure tied to the token’s identity.

Summary

ANSEM moved above a $250 million market capitalization, while Arkham said Ansem still holds 58% of the coin. Based on that holding, Arkham said he is up $146 million on the token. The update points to both the scale of the rally and the unusually concentrated ownership structure, which can amplify gains on the way up but also leave prices sensitive to large-holder selling.

Terms & Concepts
  • market capitalization: Total value of a token’s circulating supply.