Where this came from
Since February 2025, more than 40 memecoins have launched as rating boards for devs and kols. Most opened with empty review boxes, peaked within minutes and went quiet within about ten days. The ones that filled up filled with name-calling, handles on the wrong wallets and verdict badges with no transactions behind them.
Launches and wallet profit are already free on trackers, and a public caller-stats page measures a coin's peak after a call with a 1.0× floor. What a follower rarely gets is the per-call receipt: the caller's buy before the call, the sells after it, and returns from a follower's entry over several windows, losses included. Trench Grades prints those receipts on every card, and visitors' grades are counted separately, never mixed. Every card is a wallet or a funding cluster measured from public chain data, and this coin's dev is graded by the same rules.
- 2025-02 Rating-board coins for kols start launching on Solana. One creator alone makes 38 launches under the same idea.
- 2025-05-21 A kol-rating board coin peaks at about $150-172K FDV about 7 minutes after creation. Its site later goes dark and its X account stalls at 36 followers.
- 2026-09-29 A launchpad adds public caller stats measured on a coin's peak after the call, floored at 1.0×, without the caller's own sells.
“This only works if the evidence comes from on-chain data and the operator never writes a verdict.”