The Black Bull (ANSEM) rose more than 25% in 24 hours, extending two consecutive days of double-digit gains and lifting its weekly return above 56% as its market capitalization surpassed $150 million. The memecoin's rally has been supported by a technical breakout, whale accumulation and expanded utility as the governance token for the Ansem.io launchpad. The protocol has burned more than 2.43 million ANSEM, equal to 0.50% of supply, while more than 1,177 projects have launched through the platform with $382 million in traded volume. Active holders have exceeded 132,000, twice the level of about a month and a half earlier. A new wallet bought 2.1 million ANSEM worth $513,000 from Coinbase and accumulated 10.20 million tokens for $2.80 million, rising from seventh to third among large holders and controlling 1.02% of supply. More than $600,000 in ANSEM was distributed to holders on the first day of the Ansem.io platform, tempering the price advance. Technically, ANSEM is moving within a rising trend channel after correcting from its $0.45 all-time high, with the Money Flow Index at 67 and the MACD supporting bullish momentum. Because the token is trading near the channel's upper boundary, it could retreat toward support around $0.25, although demand near $0.30 may limit the correction.