The memecoin, described as the No. 5 token in Ansem’s wallet, rallied sharply as on-chain interest focused on buying activity from a large ANSEM holder.
ZION rallied more than 200% after a top-15 ANSEM holder began accumulating the token, according to the post. The move drew attention because ZION was described as the No. 5 memecoin held in Ansem’s wallet, suggesting traders were tracking wallet-linked positioning and large-holder activity for momentum signals. In memecoin markets, accumulation by prominent holders can quickly amplify speculation and trigger sharp price swings.