The sentiment towards the term 'trenches.' In the ancient era when VC coins dominated the market, memecoins were just marginal players with a pitiful market share. At that time, VC coins were filled with unfair distribution and inflated valuations, making it nearly impossible for regular traders to profit. Because of this, the market's focus gradually shifted to on-chain activities. I still remember when pump was just starting out, there were fewer than ten projects launched in a single day; by the mid-stage, achieving 1m was almost considered a big deal. Then came the moodeng period, and the streets were filled with voices saying: "Coins pumped won't make it to Binance, let alone Coinbase." And before Trump issued his coin, who would have believed that a U.S. president would personally step in? These things, which sound like dreams even in early 2024, will come true one by one, because everyone in the trenches held onto their dreams, pointed their guns outward, and step by step reclaimed the liquidity that originally belonged to VC, which in turn drew more attention to the potential of this market. No one can predict where the market will go in the future, but as long as you're alive, there's hope.
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