some are saying, 'why are you shilling $USELESS in the middle of a bear market?'
quick history lesson:
$PEPE & $BONK emerged during one of the most brutal crypto bear markets ever, shortly after the FTX implosion that many believed would set the industry back years
$TROLL more recently pumped over 1,000% in about a month, running from roughly $12m lows to $140m in yet another 'bear market' environment
i actually missed PEPE in 2023 despite catching almost every major multi-billion-dollar memecoin runner before and after it
why?
because the market conditions were terrible, sentiment was awful, and i convinced myself that 'this is probably not the environment for huge meme runs'
that mistake taught me something important:
massive runners often emerge precisely when the majority least expect them
i also had an army of people clowning on me for thinking BONK could reach multi-billions when i opened the trade around the $20m lows in late 2023 because 'market conditions were not good for memecoins'
it proceeded to run to billions within months
instead of thinking in pure black and white, here are the things that actually matter:
• narrative: there is arguably no better narrative than USELESS for this environment. bull market, bear market, manipulation, absurdity, irony... USELESS perfectly encapsulates what much of this space has become
• chart: the USELESS chart looks extremely primed for an impulsive, parabolic expansion
• on-chain activity: whales and smart money continue to accumulate aggressively despite the pullback
• liquidity: liquidity conditions are materially better than they were months ago. the recent $HYPE, $ZEC and $TROLL moves make this increasingly obvious, alongside several other aggressive pumps across the market
in many cases, the coins people are 'waiting to buy once the bear market is over' will likely already be trading multiples higher by the time the crowd finally decides conditions are safe again
i believe USELESS offers exceptional asymmetrical upside at these levels and ultimately heads to new ATHs and multi-billions
if i had zero exposure here, i would be aggressively bidding and sizing in at these levels
Chelsea Football Club is delighted to announce the appointment of Xabi Alonso as Manager of the Men’s Team.
The Spaniard will begin his role on July 1, 2026, having agreed a four-year contract at Stamford Bridge.
Welcome to Chelsea, Xabi!
BREAKING: Spain has banned the US from using its military bases for operations in Iran, per Reuters.
Details include:
1. Spain has condemned US attacks on Iran
2. Flight radar data shows US planes leaving Spanish bases
3. 9 tankers were seen departing the Moron airbase in southern Spain
4. US aircrafts are headed towards Germany and France
Spain remains firm on their stance.