If you’ve been keeping an eye on the wild world of memecoins, you’ve probably heard the buzz around Useless Coin (USELESS). Recently, Twitter user @cryptoklotz dropped a detailed breakdown that’s got the crypto community talking. This isn’t just another hype post—it’s a forensic-grade analysis of why USELESS might be on the verge of a massive breakout, potentially hitting a $1 billion market cap. Let’s break it down and see what makes this memecoin stand out!
The Numbers Don’t Lie
One of the standout points in @cryptoklotz’s post is the trading volume. USELESS has been raking in the third-highest on-chain volume among memecoins for a month, trailing only Fartcoin and Trump, despite having a market cap 4x to 6x smaller. This gap is a big deal—when a coin with lower market cap moves this much volume, it’s a sign that momentum is building. Think of it like a small engine pushing a big load; the potential energy is there, just waiting to explode.
The chart shared in the tweet shows USELESS’s journey from near zero to a $320 million market cap in just a month. That’s a wild ride! The recent Bybit perpetual futures (perps) listing added fuel to the fire, trapping short sellers and boosting confidence. For those new to crypto, perps are a way to bet on price movements without owning the coin, and a listing like this often signals growing legitimacy.
Untapped Potential
What’s even more exciting? USELESS still lacks meaningful exchange listings beyond Bybit. Big players like Binance or Coinbase haven’t jumped in yet. When a memecoin gets listed on major exchanges, liquidity skyrockets, and prices often follow suit. @cryptoklotz suggests that even one major listing could push USELESS toward that $1 billion mark.
Then there’s the mainstream media angle. Memecoins like Dogecoin and Fartcoin rode waves of media attention to new heights. USELESS, with its quirky “useless” narrative, is perfect bait for headlines. Once it hits platforms like TikTok or traditional news outlets, the hype could send it soaring.
Why It’s a Comfortable Hold
@cryptoklotz calls USELESS the “most comfortable midcap hold” in their wallet, and it’s easy to see why. The coin has already shown resilience, growing 7,700% in a month despite a challenging market for altcoins. With sidelined capital and a passionate community (think cult-like devotion!), the ingredients for a breakout are all there. Plus, the recent pullback hasn’t deterred believers—@theunipcs has been shouting about its potential from sub-$10 million to its current $320 million.
What’s Next?
So, what could drive USELESS to $1 billion or beyond? The confluence of high volume, upcoming exchange listings, and mainstream adoption is a powerful combo. If you’re a blockchain practitioner or crypto enthusiast, this might be a signal to watch closely. Of course, memecoins are speculative by nature—there’s risk involved—but the data and community energy around USELESS make it a fascinating case study.
Keep an eye on meme-insider.com for the latest updates on USELESS and other memecoins. Whether you’re here to learn or invest, understanding these trends can give you an edge in the ever-evolving crypto landscape. What do you think—will USELESS be the next memecoin to hit the big leagues? Drop your thoughts in the comments!