Onchain ‘Trenches’ See Biggest Week Since TRUMP Token

The renewed activity in the onchain trenches suggests speculative capital is rotating back into high-risk tokens, a shift that often accompanies broader retail sentiment swings. The debate over whether this marks a peak or a sustained rally hinges on whether the volume is driven by repeat traders or fresh entrants, which the data does not clarify. What matters next is whether this week's momentum translates into lasting liquidity or fades as quickly as it appeared, as prior spikes have done.