Are the Trenches Finally Back?

Here's how current events (and some good old-fashioned memes) are creating a perfect storm for traders

Welcome back to The 13th Hour! This is the one and only newsletter bringing you the latest from the trenches šŸŖ–

Here’s today’s timetable:

Memecoins:
šŸ‡®šŸ‡¹ An ā€œItalianrotā€ Tik Tok trend gets a second life in the Solana casino

🫣 An OG internet meme becomes a memecoin with a backing

😈 Are the trenches back with a $10M+ mooner?

News:
1. Welcome to Pope Francis alpha season
2. Fartcoin’s hot air rises back to $1B
3. Free BNB for sob stories?

šŸ‡®šŸ‡¹ Italianrot takes over TikTok (and the trenches)

As we’re well aware, the best memecoins start as trends outside of crypto and ā€œItalianrotā€ is no different.

Spurred by the latest TikTok trend, this memecoin has gathered a good amount of traction and even assembled a dedicated community.

As far as the actual meme… Honestly don’t even try to understand it unless you have kids 14 years and younger you can ask. It’s basically a bunch of AI generated characters accompanied by an AI Italian narrator. I don’t speak Italian and even I can tell most of it is gibberish… though some of those made-up animal names are pretty catchy!

But who cares, attention is attention right?

The coin was originally created all the way back in early March but it’s just gaining traction over the last few days. So far, it has been supported by callers like Mitch and Marcell and is currently bouncing between $5M and $8M in market cap.

Whether this is the future of finance or just a lampoon of the boot-shaped country šŸ‘¢ remains to be seen!

🫣 An OG internet meme returns as a Solana runner

Look, no one ever said the trenches were gonna be PG.

And what do you get when you combine internet humor about butts with internet humor about… dicks?

That’s right: dickbutt.

It’s a classic meme for anyone who was around in, oh, 2013? I know it only due to educational purposes I swear!

Anyway, of course it got made into a memecoin and let me tell you, it’s low-key running…

This is another one of Marcell’s pet favorites and rumors are even swirling that Andrew Tate bought in. But that’s not confirmed! Don’t shoot the timekeeper 🤄

😈 The legendary ā€œTrollā€ meme gets a chart

Seems like the trenches are loving the OG memes this week.

Troll is a $10M+ runner based on the OG ā€œRage Comicsā€ from the early 2010s (ā€œI Can Has Cheezburgerā€ anyone…?)

This one is getting pushed hard by multiple big CT accounts including DLN. You know it’s serious when they start bringing out the ā€œWhy this could be a $100M runnerā€ theses…

But as always with new coins there is also plenty of FUD — allegation of bundles, farms, and so on. Always do your own research!

šŸ³ Here’s What Else is Cookin’

The top headlines for trenchers from the last few days.

Pope Francis memes take over Pump.Fun

As you probably know by now, the head of the Catholic Church, Pope Francis, passed away on Sunday. May peace be with him and all practicing Catholics around the world.

Whether the Pope’s death is a moral thing to capitalize on or not… is NOT a question the trenches ask!

Within minutes of the news breaking, Pump Fun was already full of Pope-related memecoins, with traders even buying up coins based on speculation of who the next pope will be.

Fartcoin back at $1B

They say hot air rises…

And in this case it’s risen all the way to $1B in market cap. That’s more than the enterprise value of Papa John’s pizza!

Of course, Fartcoin messiah Dip Wheeler is taking the chance to do a victory lap on X… Congratulations to all holders!

Free BNB faucet?

Yi He from Binance is back with a charitable offer of free BNB sent to your address.

All you have to do? Write about why you deserve it in the replies under this Tweet (Xeet?)

Gambled the kids’ college fund on memes and lost it all? Were they at least good memes? Do you at least have a good story? If so, go prostrate yourself and may your wallet be blessed!

BONUS: Twitter article on trading mindset from veteran trencher jacknuked
ā€œThe Everchanging Puzzle of Trading Onchain and Jack's Farewell.ā€

Here’s my favorite snippet… Are you prepared for this eventuality?

āŒ›ļø … And that’s time!

That’s all for today, folks, stay safe in those trenches and remember hot air rises if you ever need an airlift from the mania! Not financial advice (I’m just a humble timekeeper!)

See you in the next edition of The 13th Hour!