DuckCell
807 posts




it’s been a boring memecoin market for a while, but $USELESS is back to being the second most-traded memecoin on Coinbase behind $DOGE yeah, it’s currently doing more volume on Coinbase than $PEPE, $PENGU, $FARTCOIN, etc at a $53m market cap right now, USELESS is down 87% from ATH, would be up ~740% if it ever gets back to ATH, and is trading at a fraction of the market cap of several memecoins with far less mindshare and upcoming catalysts it’s hard to imagine a better R/R trade if you don’t think memecoins are dead what makes the USELESS trade even more interesting: - it is the stickiest memecoin narrative in the space - everyone is clowning on it and calling it dead, just like they did before its first major run to $440m ATH last year - Kraken is about to push it to 100M+ mainstream users via the Atlético Madrid vs Barcelona game after it won their recent ‘Memecoin Showdown’ almost everyone is calling USELESS dead, but cycles of trading memecoins have taught me that a ‘dead’ memecoin doesn’t get to be the second most-traded memecoin on the biggest retail crypto exchange in the world’s largest economy during one of the dullest periods in crypto history, especially while consistently maintaining high mindshare through a 90% pullback


probably not a bad place to bid $useless if you believe memes are not dead. with 744% to ath you'd essentially either be aiming for an 8x or 0. i was eager to see if meme performance would carry over into the next cycle but with memes dominating the top performers for almost a week straight and useless doing 50-100% of its marketcap in volume for the last few days i think the market is telling us that memes are still the fastest horses when the market catches a bid.








