Went to a new burger joint.
Cheeseburger: $10
Bacon cheeseburger: $12
Order bacon cheeseburger
Waitress: “FYI, bacon is extra”
“Well, yeah, it costs $2 more”
“No, there’s an upcharge”
She says getting bacon on a bacon cheeseburger is an extra $2.50 on top of the price
1/4
people had months to buy $BONK sub $100m market cap but faded it
they had months to buy FARTCOIN sub $100m market cap but faded it
they had months to buy $WIF sub $100m market cap but faded it
they had months to buy $SPX sub $100 million market cap but faded it
then when these coins had their explosive pumps to billions 'all of a sudden' they attributed it to 'a cabal' pumping it
interestingly the same is happening with $USELESS right now
people have had weeks to buy #USELESS at the lows
at one point, they were blessed by the CT cabal coordinating aggressive FUD and artificial sell pressure against it, which drove the price down 90% from its first major ATH to a $5 million market cap—making it extremely cheap
and i kept shouting from the rooftops about how this is one of the best narratives of this cycle
but they faded it
and in hindsight it would be clear to many at some point in the future that USELESS is a free size play even around these levels
i see many attributing the current USELESS pump to some 'bonk/bonk guy cabal'
when in reality even i do not think it has 'pumped'
i mean, what kind of pump is this... a pump for ants??
if it would make you feel better, there is no 'bonk/bonk guy cabal' anywhere
the bonk team is not pumping USELESS
i am not pumping USELESS—my last spot buys were at the lows around $5 million where i sized in heavily (because i realized how incredibly undervalued such a massive narrative is) after CT coordinated a FUD campaign and induced artificial sell pressure to drive down the price 90% from its initial ATH
all you're seeing is pure, organic buy pressure from retail and whales that *get* the narrative
i want to make it clear that i'm not trying to induce FOMO in you: i struggle to buy green candles too, and i strongly recommend sticking to your strategy for entering trending plays—whatever that may be
(there will be a lot of dips on the way to USELESS becoming one of the top memecoin plays of this cycle)
however, no 'cabal' can sustainably pump a weak, unworthy memecoin narrative
i only have the kind of strong conviction i have exhibited about USELESS coin because i genuinely believe it is the strongest memecoin narrative to emerge from the trenches this year, and one of the strongest memecoin narratives ever
literally every memecoin is USELESS, yet:
- $DOGE is at $26 billion market cap
- $SHIB is at $7 billion market cap
- $PEPE is at $4.7 billion market cap
given these insane valuations, it doesn't take a prophet to see that the most honest and most useless cryptocurrency that tells you point blank that it is a USELESS coin is undervalued at $80 million market cap if it gains traction
a lot of pretend 'utility' coins are completely USELESS even if they're not honest about this:
- $ADA is at $22 billion market cap
- $BCH is at $9 billion market cap
- $LTC is at $6.5 billion market cap
with these insane valuations for these 'L1s' that do absolutely nothing and have practically zero adoption, it does not take a prophet to realize that the only coin in crypto that honestly and unabashedly admits that it is a USELESS coin is undervalued here
USELESS coin is different from any other memecoin in the sense that the higher it goes, the higher it can keep going—because every insane market cap it reaches generates a level of absurd attention that fuels perpetual awareness and marketing momentum, pulling in more buyers and creating a flywheel effect
imagine this conversation between two friends:
Friend A: 'wow, crypto is ridiculous! did you see that USELESS coin trading at $80 million market cap?'
Friend B: 'what coin is that?'
Friend A: 'the $USELESS coin! the coin that is literally named USELESS!'
Friend B: 'really??? and it's at $80 million market cap?! i'll take a look and maybe buy some... you never know!'
and there will be A LOT of these kinds of conversations once USELESS coin goes more mainstream and every crypto and mainstream publication starts talking about it
and there will be a lot of them talking about it, God willing
with pundits hating on it, and anti-crypto politicians, celebrities, and high-profile critics uniting to rant against and lambast it as the ultimate proof that crypto is a joke, on the highest and most visible stages
and all this is happening just as crypto becomes the center of the world, with the U.S. government—the most powerful political force on earth—now aggressively and adamantly pushing it forward despite heavy opposition
the main concern anyone might have about USELESS is whether it would gain traction
and i think it would
because there is literally an army of people working aggressively to get word out about the narrative
of which i am just one (and i'm working/and will continue to work super aggressively for my USELESS bags, God willing!)
USELESS is such an easily sellable narrative that everyone just *gets*—including non-crypto people
i've been shouting about this for weeks now
even when USELESS coin crashed 90% and was trading at $5m market cap just weeks ago
and i will continue to shout about it, God willing
more importantly, data shows that the smartest and most influential figures in the space are silently and heavily accumulating USELESS:
- whales are accumulating aggressively
- smart money is accumulating aggressively
- KOLs are accumulating aggressively
the meme writes itself
and the narrative just sells itself
but everyone will buy USELESS coin at the price they deserve to buy it
Proposal for @krakenfx to add $DOG to their rear wing sponsorship on the Williams Racing F1 car
CC: @arjunsethi, @Lou_Frang, @mayurgupta77, @pdimitrakos, @matthewbarby
$DOG operates under a CC0 license which encourages companies to leverage the $DOG meme with zero IP restrictions
By setting aside 10% of the space on the rear wing of the Williams Racing F1 car for the $DOG meme it would bring increased awareness and attention to the 90% Kraken logo thus creating a "win win" scenario for both Kraken and the $DOG Army
Additionally, this brand activation would strengthen the bond between Kraken and the $DOG Army resulting in more sign ups, deposits, volume, and fees for Kraken's crypto exchange product
If implemented the $DOG Army commits to spreading the awareness of Kraken's F1 sponsorship to a crypto native audience
Please consider this a formal proposal
Sincerely,
$DOG Army