On November 11, 2026, Foresight News reported on a Solana token whose name carried the social pitch: mihao, written in the report as “ni hao cat.” “Ni hao” is the common romanization of the Mandarin greeting 你好. In the outlet’s account, the token was being talked about less as a product than as something with the look of an avatar community—a picture people might put on a profile and pass along.
Citing GMGN data, Foresight News said mihao’s market capitalization briefly moved above $20 million, touched a high of about $20.98 million, and was quoted at about $18.81 million at the time of that report. The same item put the 24-hour gain at about 2,921 percent. The outlet’s headline described the move as a rise of more than 29 times. Those figures are a snapshot from that report, not a later or live reading.
The report also relayed an earlier post by Ansem, whom it described as a well-known trader, speaking favorably about mihao. As relayed there, he said the token had the character of an avatar community, was easy to spread socially, and carried a Chinese element that might bring “whales” from East and West to buy it together. That gathering was presented as a hope, not as something the article showed had happened. A single trader’s post is not the same as agreement among holders, and the outlet did not present it as such.
Foresight News also reported that a developer had locked 5 percent of the token supply for one year. It said Ansem drew a line inside his own cycle: ANSEM would be his creator token, and mihao his “pure meme.” He further said the chain had already bottomed. That is his market call, as attributed by the outlet, not a conclusion the report itself established.
Foresight News added its own warning: meme-coin trading swings sharply, these tokens have no practical value or use case, and readers should keep the risk in view. A greeting and a cat picture can circulate as culture. On the facts in that report, they were not shown to be anything more than a meme pitch.
Original report: Foresight News, November 11, 2026, 8:37 p.m. China Standard Time (UTC+8).
