Ansem recently made bold swaps involving various tokens to position himself for potential success on Solana's new launch platform, Gavel.
Ansem sold off older launchpad tokens and acquired IBRL at an average entry price of $0.04714 per token in anticipation of Gavel's success.
Despite facing early losses, Ansem continues to hold approximately 7.6 million IBRL tokens, emphasizing the risk/reward nature of speculative token investments.
Gavel, backed by well-known developers and investors, shows promise in the Solana ecosystem and could become a significant player in the decentralized finance space.