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

Cryptocurrency trader Ansem has claimed that 2017 altcoins and today's meme coins are fundamentally similar. He explained that both share the characteristic that investor interest is a key factor in price formation, rather than the technological narrative. Ansem stated, "2017 altcoins were essentially meme coins, just dressed up with white papers and deceptive founders." He assessed that current meme coins are at least more honest in terms of being 'attention trades.' While 2017 altcoins emphasized white papers and project roadmaps, today's meme coins prioritize community and online virality. Ansem expressed that he is "more optimistic about meme coins than ever," but added that this does not guarantee the price or returns of specific tokens, but rather reflects his personal view. This statement relates to the ongoing debate about whether to view meme coins as mere internet fad tokens or as a speculative structure within the cryptocurrency market. Ansem's assertion can be interpreted as highlighting online interest as a significant variable in meme coin price formation.

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