$USELESS is once again bouncing the hardest at the slightest sign of the market recovering
meanwhile every single metric that matters points to it being THE memecoin to watch for max upside heading into the rest of the cycle:
- it just made yet another holder ATH today
- it remains the most traded onchain memecoin by far. for context: USELESS is currently doing 15.45% more volume than $TRUMP and 160.78% more volume than $FARTCOIN which are the next on-chain volume runner ups
- USELESS has maintained its spot as the second most traded memecoin on Coinbase, only after DOGE, for more than a week now. same with Kraken!
- USELESS has consistently bounced the hardest every time the market shows the slightest sign of relief
all of the above happening while the crypto market has been incredibly weak of late makes USELESS even more interesting, since they indicate that it is undergoing aggressive accumulation at a time people generally shy away from exposure to altcoins and especially memecoins
it is also worth noting that sentiments show that a significant portion of market participants are still grossly underexposed to USELESS
i personally think the crypto market has significantly lagged behind other markets as of late, and it is going to reprice aggressively upwards sooner rather than later
if i had zero exposure to USELESS, i would be sizing in aggressively here tbh!
the memecoin sector is worth $63 billion, and useless is the one coin that epitomize what the entire sector is and as such the best proxy for betting on the sector... and this will become increasingly evident as it reprices higher
i mean it's absolutely okay to fade 'Bonk Guy'
but it might not be a good idea to fade a confluence of all the important metrics pointing to the fact that $USELESS is poised to aggressively lead the memecoin sector from here on out

72.9 k
379
El contenido al que estás accediendo se ofrece por terceros. A menos que se indique lo contrario, OKX no es autor de la información y no reclama ningún derecho de autor sobre los materiales. El contenido solo se proporciona con fines informativos y no representa las opiniones de OKX. No pretende ser un respaldo de ningún tipo y no debe ser considerado como un consejo de inversión o una solicitud para comprar o vender activos digitales. En la medida en que la IA generativa se utiliza para proporcionar resúmenes u otra información, dicho contenido generado por IA puede ser inexacto o incoherente. Lee el artículo enlazado para más detalles e información. OKX no es responsable del contenido alojado en sitios de terceros. Los holdings de activos digitales, incluidos stablecoins y NFT, suponen un alto nivel de riesgo y pueden fluctuar mucho. Debes considerar cuidadosamente si el trading o holding de activos digitales es adecuado para ti según tu situación financiera.