yet another ATH in on-chain holders for #USELESS coin:
- token distribution continues to improve as a lot of new holders continue to come in to absorb large sells
- on-chain and CEX volume remains strong
- smart money and whales continue to buy the dips and accumulate aggressively
- core holders continue to hold through volatility, showing belief in higher targets for the coin
- it has consolidated around a $250m to $350m market cap for three weeks now and looks primed to break out soon
- the aggressive accumulation happening at these levels shows USELESS isn’t just a pump and dump; instead, there is strong demand as people position before the next explosive move for what's about to become a multi-billion-dollar memecoin
- USELESS is rapidly becoming a high-conviction play for many. $SPX, #FARTCOIN, $WIF, and other top cycle plays that showed a similar type of accumulation around this level are all trading above $1 billion market cap now!
- the macro environment remains primed for strong, lower-cap memecoins to pull aggressive pumps
you really might have been handed the next blue chip memecoin on a platter of gold!
#USELESS coin just hit a new ATH in number of on-chain holders
overall token distribution continues to improve, with a lot of smaller wallets rapidly gobbling up large sells whenever they happen
meanwhile, $SOL has hit $205 for the first time in 6 months
and several major Solana eco memecoins like $BONK, $PENGU, and #FARTCOIN have seen their prices and market caps explode recently
isn't it only a matter of time before the hottest memecoin narrative to launch this year follows and pulls a face-melting pump to a $1 billion+ market cap?
especially when you consider the fundamentals:
- holders keep growing rapidly, with new holders constantly coming in to absorb large sells
- volume continues to stay strong both on-chain and on CEXs
- smart money and whales continue to accumulate aggressively and buy the dips
- core holders continue to hold through volatility, showing belief in higher targets for the coin
- it has consolidated around a $260m to $300m market cap for three weeks now. the aggressive accumulation happening at these levels shows this isn’t just a pump and dump — it’s rapidly becoming a high-conviction play for many. $SPX, #FARTCOIN, $WIF, and other top plays that showed similar accumulation this cycle are all trading above $1 billion market cap now!
- the macro environment is primed for strong, lower-cap memecoins to pull aggressive pumps
USELESS is a beachball underwater waiting to explode, and bears and sidelined capital are going to feel a lot of pain watching as it rips to new ATHs soon
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