I think bringing back trenches means 1) making early believers & users rich and 2) spreading that message beyond CT.


KOL memecoins are zero sum game where CT degens play in the casino.
But it mainly stays within our own circle.
So new people will join when some unique opportunities arise that end up on mainstream news
Something like polymarket making many new rich with HUGE airdrop.
It could be a disbelief story on Bloomberg to people who never heard of ‘airdrop’
Or a general crypto market recovery that would bring back FOMO.
Saying that, KOL memecoins could still ‘bring back the trenches’ if it instills bullish sentiment in crypto natives who still hold onto their stablecoins.
The first sign of that would be huge $SOL outperformance but $SOL started outperforming when this kol meme meta started.
(Ironically, $ETH is looking good and more serious bet).
Lastly, HYPE was perhaps the most successful ‘trenches’ story this cycle with so many ‘ new rich’.
But even it likely only instilled FOMO into farming other perp dexes.
In other words, trenches stay localized and we need something TOTALLY new to really bring back the trenches.
Not something old that has tainted track record.
SOL0.35%
ETH1.16%
HYPE2.27%
MEME-0.74%
PERP3.99%
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