Poloniex Lists TRENCHES Token

Poloniex, a veteran crypto exchange, announced the listing of $TRENCHES, a new Ethereum-based token tied to the Crypto Trenches project. Deposits opened at 04:00 UTC, and full trading began at 07:00 UTC on May 30, 2025. The listing aims to boost visibility for $TRENCHES, a token focused on community-driven gaming and NFT integration, per the project’s website (CryptoTrenches.io). This event could attract new investors and gamers to the ecosystem, potentially increasing liquidity and adoption.

Recent News

Crypto Trenches has been making waves recently. In March 2025, they secured a $2M seed round led by Solana Ventures to expand their NFT marketplace (CoinDesk, Mar 2025). They also launched a beta version of their play-to-earn game in April, gaining 10K active users within the first month (CryptoTrenches Blog). However, the broader Ethereum token space has seen turbulence, with a 2025 report noting 50% of new tokens linked to scams (DFPI).

Future Plans

Crypto Trenches aims to release a full game version by Q3 2025, with plans to integrate cross-chain NFT trading on Solana and Polygon (Roadmap, CryptoTrenches.io). They’re also teasing a governance token airdrop for early adopters in Q4 2025, which could further incentivize community growth.

Onchain Data

Specific onchain metrics for $TRENCHES are limited as it’s newly listed, but Etherscan shows the token contract was deployed on May 28, 2025, with initial transfers indicating whale activity (Etherscan.io). Poloniex’s ETH trading volume spiked 15% in the last week, suggesting heightened interest in new listings (Dune Analytics).

Community Sentiment

X reactions are mixed. While some users are excited about $TRENCHES’ gaming potential, others, like @GoNiv3, warn of Poloniex’s past issues with delistings and scams (X Post, May 30). Caution is advised.

Risk Disclaimer

New token listings can be volatile, and scam risks are high in this space. DYOR before investing!