Cryptocurrency trader Ansem claims to have never manipulated coin prices and shares methods for evaluating the performance of meme coins

ChainCatcher news, encrypted trader Ansem pointed out in a post on platform X that he is often accused of manipulating coin prices. He clarified that he has never intentionally shared information on Twitter to sell immediately after a trade while making positive statements. He explained why people might have this misunderstanding, especially regarding coins with a market cap of less than $100 million, as their supply distribution may be unreasonable.

For meme coins, there are three or four main attributes that contribute to their performance:

1) Relatability: This describes the appeal of the meme to the average person, even if they know nothing about crypto or finance. For example, dogwifcoin is a very relatable meme; everyone loves dogs, and a dog wearing a hat is easily understood by anyone, regardless of whether they know what L1 is.

2) Virality: Even if a meme is relatable, there needs to be some mechanism for it to spread. For some memes, this might be an upcoming world event, like BODEN with the upcoming presidential election; for others, like DOGE, it might be the world's richest person (Elon Musk) constantly talking about it.

3) Distribution: Many new meme coins fail because the development team holds a large amount of tokens.

4) Scalability: This refers to how easily a meme can be transplanted to other completely unrelated things.

It is stated that the best assessment method is to consider both supply distribution and community interaction comprehensively.