USELESS coin volume is officially at ATH... and by a wide margin!
#USELESS has recorded more trading volume today than when it hit ATH days ago
it is also doing more volume than several top memecoins listed on major CEXs like Robinhood, Coinbase, and Binance
if there is one thing that is clear, it is that whales and smart money are aggressively loading up on this 'dip'
as they say, 'volume precedes price'
pullbacks on #USELESS coin have rarely exceeded ~35% since it started its monster run a month ago
and every single time it happens there are a lot of sidelined people who see it and decide to fade
usually because they thought 'it's going to dip harder'
or because they thought 'the rally might have come to an end'
100% of the time so far, USELESS coin has simply gone on to make a new ATH days later... sometimes even mere hours later
then these same users come out crying in frustration about how they got sidelined again and should have bought... rinse and repeat!
USELESS coin just gave another ~35% dip
and IMO this is a good opportunity for sidelined capital to size in before the next leg up
as the leading coin in the BonkFun eco which is rapidly gaining attention, there is a lot of focus on USELESS
outside of that, it is by far the strongest memecoin narrative to emerge from the trenches this year
when you also consider the fact that the memecoin category (a category filled with useless coins) is worth $59.3 billion
and when you compare the market cap of top memecoins (all useless coins!)
- $DOGE: $25.4 billion
- $SHIB: $7 billion
- $PEPE: $4.2 billion
- $TRUMP: $1.7 billion
- $SPX: $1.2 billion
- #FARTCOIN: $1.1 billion
then it is clear that USELESS coin is incredibly undervalued here at $233 million market cap
you're literally getting the opportunity to buy a multi-billion dollar, blue chip memecoin at a ridiculous discount
in addition, the fundamentals point to new ATHs soon for USELESS coin:
- volume on this dip is around ATHs level, showing that this dip is getting bought up aggressively
- its holder count continues to increase on the dip
- smart money and whales continue to size in on the dip
- it remains one of the highest mindshare memecoins in all of crypto at the moment
- several high-profile CEXs have directly engaged with tweets about USELESS coin e.g. Binance US, Kraken, etc, while it is yet to be listed on these platforms. this means CEX listings are still a key catalyst to look forward to
in a trillion-dollar industry widely regarded as useless, or a $59 billion memecoin sector widely regarded as useless, USELESS coin is currently the purest memecoin narrative
and that, coupled with its fundamentals, puts it in a unique position to be one of the leading memecoins in the entire space
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