"sometimes all you need to do is zoom out
$USELESS remains incredibly bullish, with a giant cup and handle on HTF + a falling wedge on LTF
literally the best looking memecoin chart right now as far as established memes are concerned
all while:
- it remains the second most traded memecoin onchain after $TRUMP
- it continues to do eight figures in volume on Coinbase even during the recent, persistent flushes that have killed appetite for memecoins in general
- it is routinely the most purchased memecoin by smart money during this corrective phase + it continues to gain new holders while almost everything else bleeds
dips are for buying!"
"many seem to be convinced that memecoins are done for this cycle
i disagree
i continue to believe that strong, high-potential memecoins will go parabolic before the cycle ends:
- $USELESS will make new ATHs and rally to multi-billions
- $BONK, $FLOKI, $FARTCOIN and other high-potential memecoins will make new ATHs
the parabolic move on these memecoins will be sudden and swift
buying the lows on these coins now isn't pleasant, but it is where the bulk of the gains will be made"
"$USELESS has flipped $PEPE and $WIF in 24-hour volume on Coinbase for the first time ever
#USELESS coin is also doing more on-chain volume than PEPE and WIF combined
this is happening at the first sign of memecoins bouncing this quarter
making it clear that USELESS is THE memecoin to pay attention to this quarter
volume always precedes price!"
"daily reminder for Robinhood, Binance, and Hyperliquid to list $USELESS!
USELESS is regularly doing more spot/perps volume than majority of the memecoins listed on the above-listed CEXs
with the exception of $DOGE, USELESS is also consistently doing more spot volume than every"
"i genuinely think many are grossly underexposed to $USELESS heading into the next leg up in crypto
whenever that is
let me put it bluntly:
the memecoin sector is worth $63 billion
and USELESS is the best proxy for exposure to that sector
do with that information what you will!"
"the $USELESS chart remains the most bullish memecoin chart in all of crypto right now... and it's not even close!
textbook breakout and retest of a falling wedge pattern
and now it's looking primed to full send
this goes turbo parabolic once the market starts moving soon IMO
resistance is USELESS!"
"i'm getting strong vibes that $ASTER and $APEX will start ripping soon
i'm expecting new ATHs for both soon
in the kind of market condition we have right now, and that we will be having over the next few months, these aren't the kind of plays to fade
to put things in context"
"many think the perps DEX trade is done
in reality, the leading perps DEX coins only cooled down a bit before making their next aggressive leg up
- $ASTER went from around $120m market cap to $3.8 billion in one week = a 3,200% rally
- $APEX went from around $0.23 to $2.7 in one week = a 1,000% rally
a lot of crypto participants have the attention span of a goldfish, and they're often hasty to call a top on parabolic assets after the slightest pullback
believe it or not, a pullback after such explosive rallies by both assets does not mean they've 'topped'
instead, it is a healthy and necessary process they need to go through before going explosively higher
perps DEXs are one of the best examples of crypto utility in action, with strong product-market fit
i don't think they're dying anytime soon
while Hyperliquid is the clear market leader at this point, the potential for Binance (Aster) and Bybit (Apex) to take a decent chunk of the pie should not be taken for granted
at this point, i believe there are three provable winners in the perps DEX trade:
- HYPE: $15.8 billion market cap
- ASTER: $2.7 billion market cap
- APEX: $200 million market cap
(Lighter is a very strong contender too fwiw; i didn’t include it because they don’t have a token i can trade yet)
the perps DEX industry is big enough to accommodate all three
i think R/R favors ASTER and APEX going much higher from here
i have yet to sell a single token from my ASTER and APEX bags, as i'm holding for higher targets
i also opened a fat APEX long on Lighter a few days ago and have used the dips that followed as a DCA opportunity to increase my position size and lower my average entry
NOTE: many messaged me to inform me that my Lighter referral link has expired. it seems the demand for this is crazy, so i requested a new link from their team:
https://
app.lighter.xyz/trade/ETH?refe
rral=RTUUPPK7382V
…"
"it's funny how everyone screams buy at the highs but goes silent at the lows
so many memecoins are trading at a massive discount right now
$USELESS coin in particular looks the most attractive
it is an inevitable fact that there are tens of millions of memecoins, and all of"
"$USELESS being up 16% today at the slightest sign of the market bouncing, after many on the timeline spent the past week grave dancing memecoins, makes two things clear:
1. memecoins are far from over
2. USELESS is the memecoin to pay attention to as we head into Q4, when"