Z ($Z) is a community-led memecoin on the Solana blockchain built around the “Z” narrative associated with Ansem and the Ansem.io ecosystem. The narrative originates from a public discussion in which Ansem was asked what he would call a token of his own and responded with “Z”. $Z is included in the Z500 Index on Ansem.io, where it achieved Diamond Tier status. A total of 370,508 $ANSEM tokens have been burned in connection with $Z, and the project has held the top position on the Z500 burn leaderboard. Following a community takeover, $Z now operates under community leadership.