Bankless · Wednesday, August 5, 2026
Mike Dudas discusses Ansem's involvement with a meme coin, noting that Ansem, an investor in Ansem's company Bullpen, sees it as a moment similar to Bonk's launch. Dudas explains Ansem is staking his reputation on the success of this meme coin, which he didn't initiate but was gifted supply, believing in its potential to drive activity and value within the crypto cycle.
“So, you know, full disclosure, I'm an investor in Bullpen, which is Ansem's company that he's a co-founder of. He's a friend. So basically, I'm positively biased towards what he does.”
“And I think he believes we're in a point in the cycle where that can happen again. And I think where I and me and Ansem disagree with folks is that like meme coins are done. They're just not.”
“He's staking his entire reputation extremely publicly on this thing succeeding.”