Despite $120M Surge, ANSEM Token Creator Makes Just $5.5K Profit

The creator behind the ANSEM token, identified as “yHCxHB,” launched the project that briefly surged to a valuation exceeding $120 million, yet ultimately secured only a modest personal gain.

To initiate the deployment, the creator spent approximately $6,300 and received 792.45 million ANSEM tokens. Soon after, a large portion—650 million tokens—was transferred to crypto influencer Ansem.

Following that transfer, the remaining 142.45 million tokens were sold for about $11,800. After accounting for costs and sales, the deployer’s total profit came to approximately $5,500.

Source: Lookonchain