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6h agomarket cap: $2.8K
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Save the Trenches (Save): The trenches just hit a 12-month low in active traders. Everyone is scrambling to “save the trenches,” and it’s become one of the most talked-about CT narratives over the past two weeks, with hundreds of ideas on how to improve Pumpfun. But one idea clearly stood out. Jack Duval’s proposal of a 1 SOL dev fee pulled over 30K likes for a reason, it’s directionally right. Back when coins were running, there were far fewer devs and far more traders. Volume was concentrated in fewer tokens, conviction was higher, and people were competing to buy, not launch. Now it’s flipped. Anyone can spin up a coin in seconds, and the only consistent way to make money is by being the dev. That’s a broken system, and unless it changes, retail isn’t coming back. If we want real capital to return, the environment has to evolve. It can’t be a free-for-all where people are launching and rugging for $2. There needs to be friction, accountability, and a real reason to hold, not just farm exits. This is where it starts. “Save the Trenches” is built around this idea. Holders can sign a petition on our site pushing Pumpfun to implement real change. For every signature, $1 is bought back into the token. Let’s make it big enough that Pumpfun can’t ignore it.