BlockBeats News, June 30th - Crypto KOL Ansem responded to the recent trend of "Creator Coins," acknowledging the controversy it has sparked. He admitted that he was previously cautious about celebrities issuing coins because he wrongly assumed that they would share the same moral standards as him and would not rug-pull for millions of dollars. He stated, "This assumption was wrong, but I will not make the same mistake again," emphasizing that he is not a celebrity and has no rug-pull plans.

Ansem expressed his belief in a way of issuing coins that benefits everyone: attracting new users to the crypto industry, allowing people to participate through speculative assets, providing liquidity for "old rugs" at the bottom of a bear market, and then redirecting the attention gained to truly meaningful projects and teams in the industry. He cited Dogecoin and BONK as examples— the former started from 0 and now has a market capitalization of $110 billion, marking a significant user acquisition event in the crypto industry; the latter revitalized the Solana ecosystem at the market's lowest point during the FTX meltdown and airdropped tokens to core developers and teams.

Ansem also revealed that he entered the industry in 2017, quit his software engineering job in 2021 to fully devote himself to the crypto field, co-founded the trading application Bullpen.fi, and runs a podcast. He stressed that this was the first project he led and controlled the majority of the token's supply, as several "degen coins" he had previously supported experienced "rug-pulls" due to anonymous teams hoarding coins in advance and using his influence to hype up the projects.