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The trenches

The trenches is the collective name that crypto twitter gives to the most chaotic frontier of cryptocurrency speculation: the trading of brand new meme coin tokens in the minutes and hours after they are created, primarily on the Solana blockchain and above all on the launchpad pump.fun. To be "in the trenches" is to trade tokens that may be seconds old, against opponents that include automated bots, coordinated insiders and thousands of other traders, in a market where the overwhelming majority of tokens go to zero. The phrase functions simultaneously as a place name, a job description and an identity.

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