it's also worth noting
these rotations and liquidity games will only accelerate from here
but one inevitable truth remains:
they all were, are, and will always be USELESS coins
and there in lies the $USELESS thesis
if you believe memecoins will continue to be a thing
you should be max bidding USELESS here!
Community vaults are live on Parcl V4 devnet
A vault is a trading account you can deposit into. A trader runs the strategy, you get a share of what it makes, and they earn a cut of the profit they make for you
Back a trader you believe in, or open your own and run capital far bigger than your balance.
$USELESS just hit $100M MC, but I don't think this is the stop.
It's one of my highest conviction bags and I've been accumulating it for a while now.
We all know July is usually a strong month for crypto, and with volatile assets and meme coins like $ANSEM catching bids, I believe $USELESS will be one of the leading coins this bull run.
I've been holding this since around $30M MC, and honestly it's one of the very few coins I've held for over 2 months without selling.
Now next resistance is 130M
"ONyc is one instance of a larger shift...a new era of DeFi. The first chapter ran on reflexive yield, with emissions and leverage that depended on new capital flowing in. The new era will be built on the opposite: real-world cash flows that pay regardless of crypto sentiment."
$USELESS is breaking out of an 8 week consolidation zone
this looks like a textbook rounding bottom after the final stage of accumulation
- 9EMA is ready to crossover the 30EMA on the weekly timeframe
- RSI making higher highs
- price pushing for weekly supply zones
for months on end USELESS has outperformed the broader market- & people like @theunipcs have begged you to buy for your own sake
can't predict the future.. but this does feel/look like $USELESS is about to aggressively pump & price out those who are sidelined
sub 100M won't last for much longer !
$USELESS - volume is supporting the current breakout
looks like whales were quietly positioning over the weekend, look at that CVD candle
higher for longer
fading is $USELESS
fc $USELESS 4h
compare this USELESS chart to that of literally every other memecoin since $ANSEM came out
then decide whether you want to bid or not
'nuff said!
$USELESS is looking incredibly strong today 👀
it is up 8% while almost every other major memecoin is in the red
USELESS continues to form higher highs and higher lows while most other established memecoins continue to make new lows
how many times have we seen this before?
we saw this repeatedly last quarter, and the end result was USELESS finishing the quarter up more than 200% against USDT, $BTC, and $SOL
except this time, USELESS is coiling in an extremely tight range and looks on the verge of an aggressive breakout
even more bullish is the fact that all of this is happening alongside the following:
• the OI-to-market cap ratio continues to improve. USELESS currently has the highest OI-to-market cap ratio across Binance and every other exchange where it is listed, and it is not even close
• perps volume on Binance has exploded over the last 24 hours. it is currently more than 500% of its average daily perps volume over the past several months, all while funding remains neutral. are traders anticipating a big move?
• on-chain data continues to point to aggressive whale accumulation across both CEXs and DEXs, more so than almost any other memecoin
• USELESS continued to show relentless relative strength even while $ANSEM acted as a liquidity black hole on Solana, and now again as several BNB Chain memecoins are also becoming liquidity black holes across the memecoin ecosystem
i've studied and traded memecoins for three cycles now, and every single time i've seen a setup like the one $USELESS is showing today, it has been followed by an explosive upside move
$5mil 30d rev with $2.5mil to holders
i think $JUP is starting to become one of the more interesting $SOL majors again, because of these 3 things: DeFi super app, Buyback/token value capture, Omnichain security layer.
so here is my bull case:
* more volume across swaps, perps, GUM
* cross-chain execution creates more demand for JUP security
* more buybacks
* more reason to stake
* more value accured to $JUP stakers
1. Jupnet
Jupnet could turn staked $JUP into the security layer for cross-chain execution. Validators, stake JUP, sign off on transactions, and can be slashed for bad behavior.
if every cross-chain action needs 2/3+ of staked JUP to approve execution, then JUP starts to become economically tied to the network itself.
2. GUM
then you add GUM on top: trade any asset, on any chain, from one interface. Tokens, stocks, perps, and eventually more.
3 Superapp
add @JupiterExchange perps, lending, portfolio, predictions, on/off ramps, and 17 verticals under one umbrella, and the bigger picture becomes clear, that it is trying to become the DeFi super app.
defi and many protocols are moving away from inflation-heavy tokenomics and toward real revenue, buybacks, and fee return models. $HYPE, $AERO, $JUP, $LIT, and $LDO are all showing that the market is repricing cash flows businesses again.
if Jupnet works, this may be the biggest utility case $JUP has ever had.
still speculative, but I’ve got a bag.
@The_Genie35 BRO THIS IS GAS THANK U 🙏
LOW KEY WORKING ON THE WEBSITE RN TO GET IT BACK UP.
RIGHT NOW IM USING THIS AS PLACE HOLDER https://t.co/0CKlKX9zao
GLAD YOU CAN SEE THE VISION AND YEAH THE MIGRATION WAS A BIT OF A BLUNDER BUT THAT DOESNT STOP THE SHOW
You’re sat in the pub on a Friday night with a few lads you’ve known for years.
One of them mentions he doesn’t let his daughter walk home from school anymore, another says his street doesn’t feel like his street, someone else says he’s started noticing who’s in the room when certain topics come up.
Most people calling this “racism” are either lying or too stupid to understand what they’re actually looking at, this isn’t some sudden outbreak of hatred, it’s what happens when normal men start realising the system no longer has their back, when the government imports millions of people from cultures that don’t mix, when it lets organised gangs rape and traffic British girls for decades while protecting the perpetrators, when it applies different rules depending on who you are, people don’t stay neutral forever.
They start thinking in “us and them” terms because they can see it with their own eyes every time they leave the house, the system spent years training men to feel guilty for noticing any of this, called it racism, far-right, bigotry and for a long time it worked, most stayed quiet, stayed comfortable and kept their heads down.
That era is over and the system is shitting itself about it because a population of atomised, guilty, spectator men is easy to manage, a population that starts thinking in tribal terms, that starts looking after its own is much harder to control, that’s why they panic every time normal British people show any sign of group awareness.
They spent decades breaking that instinct on purpose, now it’s coming back, because the system gave them no other choice.
shilling $USELESS coin giga hard as a low cap
and getting faded by 99% of CT
while it rips aggressively into the hundreds of millions and billions in market cap
will be one of the highlights of the bonk guy lore
GOD WILLING