MAK CapitalCrypto Desk
Archive/2026-10-03Meme

Meme Trenches

Meme Trenches Daily Pack — Sat Oct 3, 2026 ~9:15am ET

As-of: ~09:15 ET America/New_York

1) Market context

  • Market narrative: Solana launchpad meta PUMP, STONK, Pons; BONK fading. SPX6900 / MANIFEST / CATE are mid or avoid unless independently early and clean. Day ~4 post RH cliff (gas subsidy ended Sep 29) — size/liq over chase.
  • Digest meme notes: early Sol raid prefix DEW9dSN6… resolved on Dex to Super Inu (SI) — ~$45.1M / $1.30M Meteora DLMM (highest-liq) — mid, not trench. RH COTCH and “nubs” mints: no clean early Dex this pass — not boarded. Base digest CA = KAITO ~$81M / ~$10k Aerodrome — not a meme; do not board. Tokenized equity $BLK (Backpack) is early/micro with real liq (on board); $PUSA is not.

2) Ranked trench hits (by Trench Score)

Early / micro focus only. Mid-cap context (SPX, STONK, CASHCAT, SI, Super Iguana, SCHIFFY, MONITOR, DRB, VRAX, BUCKET, GENIE, CALI, ~$2M+) lives in §5 — not trench board.

  1. FEELSGOOD Sol — Trench 60 (still deepest early Sol liq; −29% 24h; $175k vol)
  2. HI (Hallow Inu) Sol — 58 (tape still live; −21%; $1.34M vol; boost 200; 6h −45%)
  3. BLK Sol — 56 (NEW Backpack equity micro; $424k / $170k; −2.7%; $1.28M vol)
  4. BARSIK Sol — 52 (best liq/mcap; −3.5%; thin ~$3.5k vol)
  5. WHEN RH — 50 (cleanest RH micro; −6%; $202k / $52k)
  6. Holdoween Sol — 48 (seasonal hold; −11%; extreme sell skew; boost 100)
  7. GRUMPY RH — 46 (held after Fri NEW; +4.2%; $106k / $31k)
  8. CAT (SPYx) Sol — 44 (RWA-linked; −12%; thin ~$4.9k vol)
  9. ROO RH — 42 (PROMOTE from watch; +154%; $1.04M vol / thin $38k liq — chase)
  10. HOODCATS RH — 40 (PROMOTE from watch; +161%; $933k vol / thin $39k liq — chase)

Watch only (not scored lead): CASHED RH (demoted −34%), AD RH (demoted −24%), FLOPPY Sol (−10%), PRIME RH (−22%), NUMMUS Sol (size, soft tape), SANTAHOOD RH (flat / near mid), si.gov Sol (SI-quoted; SOL liq dust), OTIS RH (still no verified CA). Dead: UPTOBER Base (−95% → $4.4k), COMANDO ($2.5k), LEE (no Dex pairs). Digest avoid / not trench: SI Super Inu mid; Super Iguana RH mid; KAITO Base; COTCH/nubs spam; PUSA dust/clones; MANIFEST/CATE unless clean early; Cate/VELRO/PAR/COON/PULSO/clones/phishing/HOOKR/RCPTS.

3) Full table (early trench)

TokenChainCA (full)McapLiqMentions*TrenchHookRisk flagsSources
FEELSGOODSol$1.16M$118k~3060Feels Good Man; deepest early Sol−29%; PEPE-quoteDex Raydium CPMM
HISol$313k$57k~2458Hallow Inu; $1.34M vol−21% / 6h −45%; boost 200Dex PumpSwap
BLKSol$424k$170k~1456NEW BlackRock Backpack equitymany thin clones; sell-heavy tapeDex Raydium CLMM SOL
BARSIKSol$190k$98k~1852Hasbulla cat; best liq ratioolder ID; ~$3.5k volDex Raydium SOL
WHENRH$202k$52k~1850When on RH; cleanest RH microDay-4 quiet tape ~$12k volDex Uniswap v3 WETH
HoldoweenSol$519k$76k~2848hold til Halloween; −11%extreme sell skew (1.4k/27.8k); boost 100Dex PumpSwap
GRUMPYRH$106k$31k~1446Grumpy Cat held greensmall pool; Day-4Dex Uniswap v4 ETH
CATSol$272k$46k~2244Catching Absolute Tops × SPYxthin ~$4.9k volDex Raydium SPYx
ROORH$261k$38k~1642PROMOTE fuzzy Roo; +154%chase — $1.04M vol vs $38k liq; boost 100Dex Uniswap v4 ETH
HOODCATSRH$214k$39k~1640PROMOTE three hoodie cats; +161%chase — $933k vol vs $39k liq; boost 100Dex Uniswap v4 ETH

*Mentions = provisional (digest × persistence). Soft.

Secondary / watch (not ranked lead)

TokenChainCAMcapLiqNote
CASHEDRH$208k$46kdemoted — Day-4 −34%; $88k vol; clones still a flag
ADRH$82k$23kdemoted — −24%; vol faded vs Fri $130k
FLOPPYSol$123k$33kstill watch; −10%; boost 10; SNDK-quote
PRIMERH$77k$60kstill best RH liq ratio; −22%; AMZN-quote
NUMMUSSol$1.48M$137ksize; −4%; ~$4.2k vol — soft tape
SANTAHOODRH$693k$105kSANTACOIN ticker; flat; near mid
si.govSol$177k$43knot clean — highest pair is SI-quoted; SOL pool ~$4.2k; +246% looks wash
OTISRH———still unverified; no clean CA this pass

Fri → Sat board refresh (highest-liq)

TokenFri ~mcap/liqSat highest-liqStatus
FEELSGOOD$1.64M / $143k$1.16M / $118kHOLD lead / fade (−29%)
HI$392k / $62k$313k / $57kHOLD tape (−21%; vol $1.34M)
CAT$307k / $49k$272k / $46kHOLD (−12%; thin vol)
Holdoween$584k / $81k$519k / $76kHOLD / sell-skew (−11%)
BARSIK$196k / $101k$190k / $98kHOLD (−3.5%; thin vol)
WHEN$220k / $55k$202k / $52kHOLD (−6%)
UPTOBER Base$83k / $33k$4.4k / $4.4kDEAD (−95%)
GRUMPY$101k / $31k$106k / $31kHOLD (+4.2%)
CASHED$317k / $57k$208k / $46kDEMOTE → watch (−34%)
AD$108k / $27k$82k / $23kDEMOTE → watch (−24%)
FLOPPY$137k / $35k$123k / $33kWATCH (−10%)
PRIME$98k / $70k$77k / $60kWATCH (−22%)
NUMMUS$1.55M / $141k$1.48M / $137kWATCH (−4% / soft tape)
ROO$101k / $24k$261k / $38kPROMOTE (+154% / chase)
HOODCATS$81k / $23k$214k / $39kPROMOTE (+161% / chase)
SANTAHOOD$694k / $106k$693k / $105kWATCH (flat)
COMANDO$2.5k / $2.7k$2.5k / $2.7kDEAD
LEEno pairsno pairsDEAD
BLK—$424k / $170kNEW early (RWA micro)

NEW early: BLK Sol (Backpack equity micro). PROMOTE: ROO, HOODCATS (chase — not #1). DEAD: UPTOBER Base, COMANDO (still), LEE (no pairs). DEMOTE: CASHED → watch; AD → watch. Day-4 one-liner: RH size/liq over chase — ROO/HOODCATS print violent vol on thin pools; CASHED/AD/PRIME bleed; WHEN still the cleanest micro.

4) Hot vs fading vs avoid

HOT / early: BLK new size/liq, HI still the Sol tape ($1.34M), FEELSGOOD deepest early Sol pool, BARSIK liq ratio, GRUMPY small green hold. ROO / HOODCATS are hot prints, not hot pools.

FADING / soft: FEELSGOOD −29%, HI −21% (6h −45%), Holdoween sell-skew, CASHED demoted −34%, AD demoted −24%, PRIME −22%, FLOPPY −10%, UPTOBER Base dead, NUMMUS soft tape, BONK launchpad fade (digest).

AVOID:

  • Base digest CA / KAITO — ~$81M / ~$10k Aerodrome; not a meme trench
  • Super Inu (SI) — prefix resolved; ~$45.1M mid
  • Super Iguana RH — ~$19.0M / $454k; boost 100; already mid
  • COTCH / “nubs” — digest low-trust spam; no clean early Dex this pass
  • PUSA — pump.fun dust and ARC POWERUS clones (~$21k); not a clean early with real liq
  • si.gov — SI-quoted; SOL liq dust
  • MANIFEST / CATE — digest names; not independently early+clean this pass
  • Musk rumor CALI — Fri print mid; not re-pulled Sat; rumor ≠ board
  • GENIE RH — Fri $15.7M mid (not re-pulled Sat)
  • $LEE — no Dex pairs
  • Cate / VELRO / PAR / COON / PULSO / HOOKR / RCPTS / clones / phishing — still avoid unless a clean Dex pair shows up
  • CASHED clones — only
  • BLK clones (ARC “BlackRock - Backpack Securities” dust) — only Sol
  • Netlify claim phishing still out of scope
  • Rented boosts ≠ capital; Day-4 +150% on ~$38k liq is a chase, not a bid

5) RWA-linked + mid-cap context (NOT trench board)

  • BLK × Backpack — on early board ($424k / $170k / −2.7%); only because it is still micro with real liq. Not a meme joke.
  • PUSA — no clean early/micro with real liq this pass (pump dust / ARC clones). Not boarded.
  • CAT × SPYx — on early board ($272k / $46k)
  • FLOPPY × SNDK — watch ($123k / $33k / −10%)
  • PRIME × AMZN — watch ($77k / $60k / −22%)
  • Super Inu (SI) Sol — ~$45.1M / $1.30M Meteora DLMM; +12% 24h; digest raid prefix; mid NOT trench
  • Super Iguana RH — ~$19.0M / $454k; $25.2M vol; mid NOT trench
  • SPX6900 ETH — $405M / $12.5M Uni v2 WETH; −3.9% 24h; digest cult; mature NOT early
  • STONK Sol — ~$188M mcap / $2.78M liq (Orca SOL highest-liq); −9.4% 24h; launchpad mid-cap (digest meta, not trench)
  • CASHCAT RH — ~$154M / $4.47M Uni v3 WETH; −12.4% 24h; mid-cap
  • KAITO Base — ~$81M / ~$10k; digest Base CA; not a meme
  • SANTAHOOD / SANTACOIN RH — $693k / $105k; watch / near mid
  • Not re-pulled this morning (Fri prints only — do not treat as Sat): SCHIFFY Fri $4.62M / $576k; MONITOR Fri $3.77M / $636k; DRB Base Fri $25.0M / $1.82M; BUCKET Fri $2.85M / $144k; VRAX Fri dust $33k / $16k; GENIE Fri $15.7M / $849k; CALI Fri $2.54M / $194k. All remain mid / not trench until a fresh highest-liq read.

6) WHAT COULD I BE WRONG ABOUT?

  • Day-4 RH chase (ROO / HOODCATS) can keep running — or mean-revert the way UPTOBER just did. Thin liq is the tell either way.
  • BLK “early” can be a securities-token print with clone spam, not a meme bid. Highest-liq is real (~$170k); many sibling CAs are not.
  • FEELSGOOD −29% may be PEPE-quote noise vs a true SOL-pair bid.
  • HI 6h −45% with boost 200 can be rented seasonal flow, not a hold.
  • Holdoween sell-skew may be indexer/bot artifact — or a real exit.
  • si.gov +246% on an SI-quoted pool could be the actual raid if a SOL pool fills; right now SOL liq is dust.
  • CASHED/AD demotion can reverse if Day-4 bleed stops; pools are still real.
  • PRIME still has the best RH liq ratio — fade can flip if AMZN tape re-bids.
  • Digest prefix DEW9dSN6 was assumed to be a fresh micro; Dex shows a $45M Super Inu. If a different mint shares only the prefix, it was not found.
  • OTIS / COTCH / nubs may hide a quiet clean early this pass missed.
  • Multi-pair mcap traps — use highest-liq from §3 only.
  • Unrefreshed Fri mids in §5 can have moved overnight.

7) Base coverage note

No credible new Base meme this morning. Digest Base CA verifies as KAITO (~$81M mcap / ~$10k Aerodrome liq, −5% 24h) — unrelated mid, not boarded. Friday’s only early Base, UPTOBER , is dead ($4.4k / $4.4k, −95%). DRB stays a mature Base benchmark only (Fri print, not re-pulled). No BASEJUICE / TOSHI / BRETT / XDP added.

8) Suggested board for Cos (early trench — copy these CAs)

  1. FEELSGOOD (deepest Sol liq / −29%)
  2. HI (tape $1.34M / −21%)
  3. BLK (NEW Backpack micro / $170k liq)
  4. BARSIK (best liq ratio)
  5. WHEN (cleanest RH micro)
  6. Holdoween (−11% / sell-skew)
  7. GRUMPY (held +4%)
  8. CAT (SPYx RWA)
  9. ROO (PROMOTE +154% — chase)
  10. HOODCATS (PROMOTE +161% — chase)

Watch only: CASHED , AD , FLOPPY , PRIME , NUMMUS , SANTAHOOD . Dead: UPTOBER Base, COMANDO, LEE (no pairs). Mid-cap only (not trench): SPX6900, STONK, CASHCAT, Super Inu (SI), Super Iguana, KAITO; SCHIFFY / MONITOR / DRB / BUCKET / GENIE / CALI still mid on Fri prints. Hard avoid: KAITO-as-meme, COTCH/nubs, PUSA clones, si.gov SI-quote, MANIFEST/CATE without clean early Dex, Cate/VELRO/PAR/COON/PULSO/HOOKR/RCPTS, BLK/CASHED clones, Netlify claim phishing.

Day-4 post-cliff one-liner: RH early board is size/liq over chase — ROO/HOODCATS are violent vol on thin pools; CASHED/AD demoted; WHEN still the cleanest micro; Base lottery (UPTOBER) is dead and the digest Base CA is KAITO, not a meme.

Ready for Cos handoff / 9:30 brief.

Sources / technical notes
  • DIGEST: https://makcapitaldaily.grok.me — As-of 2026-10-03 08:15 ET → DIGEST_OK (browser-confirmed live morning issue). Plain HTTP/WebFetch can serve stale SSR; the browser-warmed As-of is authoritative.
  • Method: DexScreener highest-liquidity pairs, boosts/profiles, and public WebSearch were used alongside the digest; mentions are provisional (digest × persistence).
  • Pack path: /workspace/crypto-packs/2026-10-03/meme-trenches.md.