during today's flush:
$USELESS just became the second most-traded memecoin on Coinbase for the first time ever!
USELESS is currently doing more volume on Coinbase than every other memecoin except $DOGE
it is leading $PEPE, $FARTCOIN, $PENGU, $TRUMP, $SHIB, $WIF, etc in volume on Coinbase at the moment
$USELESS volume on Kraken is also close to ATHs on this flush
Americans seem to be aggressively bidding and positioning into USELESS on this dip relative to other regions
observing...

that's some crazy dip on $USELESS on this market-wide bloodbath tbh
i've noticed USELESS tends to be extremely volatile to both extremes compared to other major memecoins
i.e. it pumps the hardest when the market bounces and also dips the hardest when we get flushes
a trader's dream!
the important thing is that these dips get bought aggressively and it ends up making new highs shortly after, every single time
tbh i wasn't expecting this kind of bloodbath from the market at this point, but i still believe this dip is an opportunity and worth buying
an opportunity for those who are sidelined and have waited forever to get into $USELESS to size in and finally get in
at this point, it is clear that USELESS is not going anywhere
it remains THE memecoin to watch this quarter and pretty much heading into the rest of the cycle
and on-chain metrics continue to validate that on this dip:
- holders just it new ATHs as a lot of new holders gobble up the dip
- on-chain volume remains strong as it remains #2 after $TRUMP and is now doing almost 2x the on-chain volume of $FARTCOIN
- volume on CEXs is increasing aggressively with this dip
trust me, the people who had FOMO and felt sidelined on $USELESS at $440m market cap just days ago are certainly gobbling up this dip at $280m
i also used this opportunity to take a short-term swing trade on USELESS
i do not trade the coin as i'm holding until billions, but a 25% dip at this point is literally free money so i bought in here for a short-term trade as it is hard to find anything else that gives such a better R/R

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