👀 Trenches Are "Dead". So How Did fomo Hit $1B Volume?

fomo December 15, 2025

GM to all fomo enjoyers.

Even though the trenches are on the brink of death, especially looking at this chart below, there are people on fomo cooking in any and all conditions.

Memecoin markets are dead.

I mean, fomo stats speak for themselves. We've just crossed $1B in volume during what are probably the harshest crypto market conditions in years.

Another small milestone for the fomo family... now 100x that.

In other news, the outlook for 2026 is improving, so have your fomo apps fired up and ready. So, why is fomo becoming so popular, so fast, you might ask? Well, go no further than this thread; your brain will click in swiftly enough.

Looking at inflows this week, there's not much action going on (well, except BTC, but who wants to trench there exactly?).

Source: DeFillama

The most important news of last week is the most dovish FOMC since 2021. With the Fed starting the "QE-lite", the markets head into a much safer position. Don't expect a fully cracked 2021-style upside, though; that might come, but it will come later.

To summarize, expect more chop, but be ready for things to turn around quickly if 2026 starts in a strong bull market style.

How will you know it's coming? Simply watch USDT dominance: if this one starts truly breaking down, the trenches will be fully back on track.

Lastly, prepare for the December 15th In the Trenches episode!

In this episode of in the trenches, Jason sits down with Spyzer, one of fomo's most well-known traders. Spyzer turned $160 into nearly $100k in a single month on fomo, forcing attention through uncanny execution. This episode breaks down the decision-making, risk control, and trade structure behind that run, then examines how his approach has evolved as market conditions shifted.

Major Coins for the Week

Honestly, REKT caught my eye a while ago. Ultra bottomed behemoth of a coin, which I think has a strong chance of a proper comeback if we enter a bullish 2026.

Moving on, PIPPIN is continuing to rage. Beware, though; it might be a little too overpumped by now.

Another major coin of the week (and the last one) is REPPO. This project democratizes access to AI training data using prediction markets. If you'd like to, you can read more about REPPO in our previous newsletter. The bullish update of this week is REPPO securing a capital commitment from Bolts Capital to further improve and advance the ecosystem.

Lastly, a bottom snipe worthy one: Aster. The team just announced 0% fees on all trades, enabling users to trade for free.

Small Caps for the Week

Finding diamonds in the rough. That's precisely how trenching feels these days. There aren't many, but those that stand out tend to shine.

First off, FROGE. Somehow, people enjoy this meme a lot, perhaps since Sam Altman posted it, and the collectible even got listed on the official OpenAI website.

The next and perhaps real small cap outlier is Umbrae, U1. Umbrae might become a longer term hold as a "Dynamic Liquidity Market Maker".

Top fomo Trades of the Week

Humidifi Token certainly made a few early entrants pretty WET—certainly Chang, who nailed the trade excellently.

Next one up, our good old UMBRA, hitting the privacy narrative on Solana.

Lastly, we've got the legendary MetaDAO, once again printing for Jotagezin.