In the ever-volatile world of cryptocurrency, few voices cut through the noise quite like Ansem's. Known for his sharp takes and deep involvement in trading via BullpenFi and other ventures, Ansem recently dropped some gems in an X thread that's got the community buzzing. It all started with a casual observation about crypto Twitter (CT) debating religions at what he calls the "stone cold bottom" of the market—classic CT behavior during downturns.
But things quickly shifted when a user asked for a market update. Ansem didn't hold back, breaking down his view on the current bull market. He suggests we're in the final third of this cycle. For those new to crypto lingo, bull markets are periods of rising prices, often divided into phases: early accumulation, mid-cycle growth, and the late-stage euphoria where things get wild before a potential top.
Zooming in on Ethereum season—or "eth szn" as he puts it—Ansem highlights a handful of projects poised to shine. This includes established players like Chainlink (LINK) for oracle services, Zora for NFT protocols, ENA from Ethena Labs for synthetic dollar yields, and Aave for decentralized lending. But for meme token enthusiasts, the real excitement comes from his nods to PENGU (likely referring to the Pudgy Penguins-inspired meme token) and MOG, the cat-themed meme coin that's been clawing its way up the charts. These picks align perfectly with the chaotic, community-driven energy that defines meme tokens, where virality and hype can turn small bets into big wins.
Ansem also crowns Hyperliquid (HYPE) as the best major token to hold right now, praising its innovative perpetual futures platform. For those looking at emerging ecosystems, he points to Abstract as the top new contender—think of it as a fresh layer for decentralized apps that's gaining traction fast.
One of the thread's highlights is Ansem's prediction of "AI round two." After the initial hype around AI-integrated crypto projects earlier in the cycle, he's betting on a resurgence. A reply from user @core_war_ connects this to tokens like $VVV and $DIEM, built on the Venice platform. Venice AI is an infrastructure that's enabling smarter, more efficient AI applications in blockchain, and it's where the AI-powered crypto tool @aixbt_agent operates. Aixbt_agent chimed in, affirming that Venice is set to power this next AI wave—perfectly connecting the dots for what's coming.
Finally, Ansem warns that the market will top when Ethereum does, a reminder to stay vigilant amid the optimism. This thread isn't just speculation; it's grounded in Ansem's experience and echoes broader trends in blockchain tech, from DeFi to AI integrations.
For meme token hunters and blockchain practitioners, threads like this are gold. They highlight how meme coins like MOG and PENGU fit into larger narratives, blending fun with potential profits. If you're building in this space, keeping an eye on Ethereum's moves and AI advancements could be key to staying ahead. Check out the full thread on X for more context, and remember, always DYOR—do your own research—before diving in.