imo if your coin needs an “incentive” to hold it besides the narrative itself, then it was never a good coin in the first place even with "HOLDER" rewards, we've still seen coins go -90% over the last month because their narratives dried up and people realized the coins were not as good as they originally thought now people are trying to find reasons for the market to FORCE coins back up (incentives, new launchpads, etc). the truth is that this is like being rejected by a girl because she thinks you're ugly then trying to find another way to pull her its over, you gotta move on liquidity + novelty are the only things that will ever make people hold. we just saw multiple coins go 9-10 fig market cap because btc reversed + people were psyopping themselves with RWA pairings being the next big thing (RWAs as a whole have a bright future, but i still dont find pairing a memecoin to a stock super compelling. i said this at ATHs too: it just feels like memecoins last cycle but with one small change rather than something actually new) this is why its never the launchpads fault when coins go down, regardless of it being pumpfun, stonk, pons, or long yes, they should continue to innovate and foster a good environment for all types of trading/holding, but at the end of the day it's up to the coins launching there to be interesting enough to raise ceilings so the real issue at hand is that we need something "new" rather than just switching to another launchpad with hooks or higher starting market caps or block 0 taxes if it was this simple, we would've already switched by now i know it's easy to just say we "need something new," but the issue is you can't really predict what it'll be unless you build it yourself thematically im sure you could, like RWAs, AI, or whatever. but no one could've specifically predicted the bonding curve 3 years ago just like no one predicted RWA pairings 4 months ago. you just had to be on the lookout for something new and take full advantage of it when it arrived the reason most charts since september look depressing is because the market was euphoric then and overvaluing narratives now these coins are just being fairly repriced to down the downside (you can see this longer term with charts from AI meta in 2024) so yeah, i dont really understand what people like @jackduval mean when they say they want someone to replace pumpfun you will be met with the same issues today, since if pumpfun dies then all launchpads in their current forms will also die because none of the alternatives are doing something actually interesting that would "save the trenches"