On November 11, 2026, the meme token “mihao” was tied to a profile-picture swap and a trader’s public call. In a flash item published at 22:08 China Standard Time that day, BlockBeats reported that well-known trader Ansem had changed his X avatar earlier in the day; the new image pointed at “mihao.” BlockBeats described the token’s prototype as a cat associated with the Chinese pinyin greeting “nihao.”
That evening, BlockBeats said, Ansem posted a call on the coin and the token rose in the short term. Citing GMGN data, the outlet reported that the market capitalization briefly moved above $24 million, was up more than 30 times over 24 hours, and stood at $22 million at the time of the note, with $53 million in trading volume over the same period. Those figures are as reported then, not a later reading.
What Ansem said should be read as his pitch, not as established fact. According to BlockBeats, he claimed “mihao” might bring back a more positive on-chain mood, that an avatar-style community would be easy to spread and expand, and that Chinese elements might draw large buyers from East and West into the same trade. He also asserted that the on-chain market had already bottomed. The flash item does not independently verify any of those claims, and one trader adopting a picture is not evidence of wider community agreement.
The cultural move is familiar in meme-coin circles: a greeting bent into a ticker, and a profile image treated as a badge that can travel on social platforms. BlockBeats did not describe participation beyond the price and volume figures and Ansem’s posts. It closed with its own warning that the token’s price is highly volatile and that users should be cautious.
Original report: BlockBeats, November 11, 2026, 22:08 CST
