USELESS COIN (USELESS)

$USELESS (per request) Back to key resistance and not showing a lot of momentum. Has the feeling of just fading back to support below. https://t.co/kYTNIYc0oV

useless update: - overcoming new high after new high on its BTC pair. - USD chart looks even better. - this pump has been in progress for 5 months. - the last few weeks of this have occurred when the ansem memecoin has been a liquidity sponge. useless keeps pumping undeterred (very important/high-signal). people hate useless, but if you white-label this chart, it's one of the 2-3 strongest in the entire space. one of those "do you want to 'feel right', or make money" type of bets. probably one of maybe 2-3 prev-gen memecoins poised to sweep its prev USD ATH based on relative strength

fc $USELESS 4h compare this USELESS chart to that of literally every other memecoin since $ANSEM came out then decide whether you want to bid or not 'nuff said! https://t.co/jVGYo8dGlt

$USELESS is looking incredibly strong today 👀 it is up 8% while almost every other major memecoin is in the red USELESS continues to form higher highs and higher lows while most other established memecoins continue to make new lows how many times have we seen this before? we saw this repeatedly last quarter, and the end result was USELESS finishing the quarter up more than 200% against USDT, $BTC, and $SOL except this time, USELESS is coiling in an extremely tight range and looks on the verge of an aggressive breakout even more bullish is the fact that all of this is happening alongside the following: • the OI-to-market cap ratio continues to improve. USELESS currently has the highest OI-to-market cap ratio across Binance and every other exchange where it is listed, and it is not even close • perps volume on Binance has exploded over the last 24 hours. it is currently more than 500% of its average daily perps volume over the past several months, all while funding remains neutral. are traders anticipating a big move? • on-chain data continues to point to aggressive whale accumulation across both CEXs and DEXs, more so than almost any other memecoin • USELESS continued to show relentless relative strength even while $ANSEM acted as a liquidity black hole on Solana, and now again as several BNB Chain memecoins are also becoming liquidity black holes across the memecoin ecosystem i've studied and traded memecoins for three cycles now, and every single time i've seen a setup like the one $USELESS is showing today, it has been followed by an explosive upside move

$USELESS has now spent 53 days consolidating within its current range all while: • $BTC is reversing from its lows and printing daily green candles • $SOL continues to outperform the majors, creating the perfect environment for Solana memecoins to run • $ANSEM is reigniting collective belief in the trenches by reaching highs we haven't seen in a long time • USELESS' OI-to-market-cap and volume-to-market-cap ratios remain exceptionally strong compared to other memecoins • whales continue their streak of aggressive accumulation, both on-chain and across CEXs literally everything is aligning for a full-blown parabolic melt-up in $USELESS at this point, i'm far more interested in when this breaks out than whether it will i expect the move to be extremely aggressive once it finally leaves this range

a major mistake many make is assuming memecoiners like myself are delusionally bullish on all memecoins at these lows make no mistake: i'm not! i fully expect 99.9999% of memecoins to be completely dead by the time the new bull run picks up the select few that survive, however, could fuel one of the biggest wealth transfers to retail we've ever seen and i don't even think it's that difficult to identify which ones are most likely to survive and eventually make new highs to give a few examples... pure memes: • $USELESS: this pretty much describes 99.99% of the space, and everything that's happened since 10/10 has only strengthened that narrative. the relative volume, OI, and continued whale accumulation further reinforce the thesis. hard to imagine a stronger memecoin narrative! • $FARTCOIN: it's not just an incredibly funny memecoin that mocks the entire industry—it's hard to think of another memecoin that has commanded more mindshare over the past few years, aside from President Trump's own memecoin advanced memes: • $FLOKI: arguably the strongest multi-cycle memecoin that is still relatively low-cap and can absorb meaningful size. it was one of the dominant memecoins alongside $DOGE and $SHIB in 2021. while DOGE and SHIB have yet to make new ATHs since that cycle, FLOKI reached a $3.5B ATH in 2024 and could very well do it again • $BONK: synonymous with Solana's culture and history, with an ATH above $4B. it's objectively difficult to name a stronger contender for another major run among the advanced memecoins i call these 'advanced memes' because they've evolved beyond being just memes they've built real utility that generates revenue and directly supports the ecosystem. in other words, they benefit from both meme-driven attention and revenue-generating products. both projects, for example, have bought and burned millions of dollars worth of tokens using fees generated by their products my conviction isn't based solely on the products or the revenue it's because they've consistently: - gained meaningful traction across multiple products built cult-like communities that have survived every type of market environment - secured spot and perpetual listings across virtually every major exchange, making them obvious liquidity destinations once market conditions improve - they're available on Robinhood, Binance, Coinbase, Revolut, and 100+ other exchanges of course, this list isn't exhaustive but i do think it's going to become increasingly difficult to make money in memecoins over time why? 1. dispersion caused by launchpads like https://t.co/KXWNj9gS7Z 2. a completely different market regime. people now have far more ways to speculate, and buying memecoins is no longer the contrarian, anti-establishment bet it once was. the sitting US president even launched one! 3. increasingly sophisticated trading tools and an extraction-heavy culture that make new launches far more dangerous for the average participant that's exactly why i believe being extremely selective matters i think anyone can comfortably park meaningful size in any of the projects above and simply wait for liquidity conditions to become euphoric again, without constantly worrying about getting rugged