Hey there, crypto enthusiasts! If you're deep in the trenches of meme tokens and altcoins, you've probably heard of Altcoinist and their native token $ALTT. Well, things just got a whole lot more exciting. In a recent tweet thread, the team at @Altcoinist_com announced they've scored a major funding grant from Optimism via @thriveprotocol. This is all about boosting onchain trading on the @base network, and it's got the community buzzing.
The Grant Win: Up to 750,000 OP Tokens
The big news? Altcoinist's project has been selected for the Trading Infrastructure Rewards Program. They're set to receive up to 750,000 OP tokens – that's the native token of the Optimism layer-2 scaling solution for Ethereum. For those new to this, Optimism helps make transactions faster and cheaper on Ethereum, and Base is a layer-2 chain built on Optimism tech, backed by Coinbase.
This grant comes from a total pool of 3,000,000 OP, with Altcoinist being one of the early approvals. The funding is aimed at enhancing trading infrastructure, which aligns perfectly with Altcoinist's Trench Bot – a tool designed for sniping and trading meme tokens and altcoins efficiently.
Explosive Growth in Trench Bot Usage
Speaking of the Trench Bot, the numbers are impressive. Over the last 30 days, it crossed $3.7 million in trading volume, marking a whopping 429% month-over-month growth. Active users skyrocketed by 254%, and the number of trades jumped 822%. Early users are reportedly seeing 10x to 100x gains through automated strategies, thanks to built-in liquidity flywheels and user wealth effects.
The $ALTT token plays a key role here, offering priority sniping utility in the bot. As more users join, this feature becomes exponentially more valuable, creating a strong network effect for holders.
Ecosystem Expansions and Partnerships
The thread didn't stop at the grant. Altcoinist highlighted several bullish developments:
New Liquidity Pool: They've added a $ALTT/$VIRTUAL LP in collaboration with the @virtuals_io ecosystem. This improves liquidity and opens up more trading opportunities.
Alpha Base Index Success: Their @alphabaseindex DTF (likely Decentralized Trading Fund) on @reserveprotocol is a hit, ranking #3 by TVL. This drives demand for $ALTT through governance and revenue-sharing utilities.
Base Trench Alliance: An ecosystem is forming with guilds like @helloSQDGN, @DefinitiveFi, and @rbthreek's Sailboat. They're building a BTA cluster on Virtuals' ACP.
AI Trading Integration: Top-tier AI-agent caller from @helloSQDGN is already in, with automated trade strategies coming next.
Plus, three major updates for $ALTT holders are rolling out in the coming weeks – stay tuned for those!
The Personal Alpha: Inflection Point for Altcoinist
The tweet wraps up with some heartfelt alpha from the team. After over two years of building, Altcoinist is at an inflection point. They've carved out their niche in the crypto space, focusing on community, holder priorities, and collaborative partnerships. It's all about winning together, with shouts to team members @andzberg and @KonstantinSebeo.
This comes on the heels of a shoutout from @jessepollak (likely Jesse Pollak, head of Base), which the team thanked in a quoted post – complete with a cheeky nod to a 696x gain.
Why This Matters for Meme Token Traders
In the wild world of meme tokens, tools like Altcoinist's Trench Bot are game-changers for sniping launches and managing trades. This grant not only validates their tech but injects serious resources to scale. For $ALTT holders, it means more utility, demand, and potential upside. If you're into onchain trading, Base meme plays, or just hunting the next big altcoin, keep an eye on this one.
What do you think – is $ALTT the next meme token to moon? Drop your thoughts in the comments, and check out the full thread here. As always, DYOR and trade smart! 🚀