UselessCoin price

Some Mid-Year Thoughts It’s two weeks into July, and unexpectedly, this month has been incredibly strong. To be honest, I thought we’d just be getting Bonk Szn for the rest of the summer and that general equities would start running in Q4. But it seems like this year, BTC treasury companies are front-running seasonality, fueling this run-up. BTC has been an absolute beast, making new ATHs supported by constant high inflows into the BTC ETF, mainly from BlackRock. This ATH run-up brought alts and trenches running together. Although volume in trenches still isn’t what it was pre-Trump era, with the Bonk Launchpad coming in hot, things are heating up. Surprisingly (or not, really—seems like the worst of summer is behind us), we’re getting multi-million-dollar runners daily. Just last week, trenches sentiment was lukewarm while waiting for the $PUMP public sale. Very interesting now seeing how the raise sold out almost instantly yet we're still seeing @bonk_fun dominance more than double that of pumpfun. Day to day we're seeing over 500m volume on bonk and all major runners with this companion meta on the launchpad. I really like what Bonk is doing—for all the reasons the Bonk guy explained well here. It's a clear example of doing all the right things to stay competitive in the market, while focusing on building up the platform rather than tearing others down. TLDR: Bonk’s system is very laissez-faire and focused on giving back to the ecosystem—buying Bonk, supporting creators, and fostering growth. With current metrics, it’s hard not to see $BONK as undervalued from a business perspective. At the very least, Bonk should be worth 2x based on base metrics alone. Curious to see how this tweet ages in the coming months as things shift and dev momentum builds (if?). Still early days. They understand the trenches because they are from the trenches (shoutout to @SolportTom—he’s everywhere, and that kind of community engagement matters). The best thing about the Launchpad is how well they support coins—and how open they are about it. They actively post that if you're running a serious project, they want to talk and help take things to the next level. This could be the start of a new paradigm in coins/trading—actually working openly with launchpads to spawn more runners. It’s great to see the Bonk ecosystem running hard with the new blue chips like $USELESS, $BONK, $HOSICO, $IKUN, $GP, and some new runners like $ANI, $AGI, $EAGY, and $RUDI.

gotta BONK them all ❗️❗️❗️ starting today, 1% of BONKfun’s TOTAL revenue will be reassigned from our marketing fund into buying back the top pairs within the BONK eco

Playing on-chain Meme, I personally think there are two main methodologies, one is narrative trading, and the other is address mining, the former focuses on the smell and sensitivity of the market, and the latter focuses on careful study and analysis of data. Not only do they not conflict, but they often need to be used in combination. They also correspond to the two driving forces required for the rise of tokens, namely the joint force of the market and retail investors, and the pull of bookmakers and whales. Narrative trading, the focus is on what kind of story the token tells, whether it can resonate with the market, and how far a token can go based on the background of the event, innovation, popularity, etc. For example, $Ani and $Gork are narratives spawned by Musk's new products, which are both influential and interesting, and are easy to spread; $Trump, $Pnut, are contributed by major political-related events; Last year's AI hackathon market paid attention to Dev resume and industry status; $Neiro, $Pochita is a derivative of the Dogecoin concept; $Fartcoin, $Useless emphasizes crypto nihilism. When the market sentiment is good, retail investors are highly motivated, and there is a lot of liquidity, the narrative itself can give birth to Meme coins with a market value of tens of M or even higher, and when the market is bad, it is necessary to rely on the market maker to control the market and attract attention through the increase, typical of which is the recent $Aura, which has been pulled from a state of almost zero to 230M in a few days. To catch this type of banker, the most suitable way is to dig the address, analyze whether there are clusters of pull addresses and their intentions, or find clues through the previously accumulated address library. The disadvantage of this method is that it is very time-consuming, because the pull address is often changed frequently, and the second is that even if traces are seen, once the bottom chips are not firmly controlled, the dealer can choose to abandon the market, and the initiative is completely in the hands of others. Whether it is a big KOL on Twitter or a car on the chain, most of them are mainly narrative transactions, this is not because the address mining is not good, in the final analysis, it is because it is reflexive, once a certain pull address is shared, and more and more people know, it means that the resistance to pull is getting bigger and bigger, resulting in abandonment or changing addresses. In contrast, address mining is a technical activity that is only suitable for small-scale sharing, while narrative transactions need to reach as many people as possible, after all, consensus is the core of the narrative.

this #USELESS coin chart is a beauty and the true definition of strength it has now spent over three weeks consolidating around $250m to $350m+ market cap after pulling off the most parabolic rally of any memecoin this year now, once again, it is showing incredible strength and resilience while every other major memecoin and crypto is nuking at some point, this consolidation is going to resolve in an aggressively explosive move — and i’m betting it’ll be to the upside, based on USELESS’s fundamentals and historical patterns i believe USELESS coin's journey to $1 billion+ market cap would be explosively faster than many can anticipate GOD WILLING