i posted the following in response to someone in a small group chat about recent $USELESS 'weakness' and figured i should post on X too: yeh i see what you mean, and agree that $USELESS has been quite weak recently but here's what i've noticed about $USELESS: it tends to be aggressively volatile in BOTH directions when it pumps, it does so aggressively and outperforms everything by a wide margin when it dumps, it does that with the same intensity i actually think this is one of its biggest strengths, not a weakness volatility is a trader's dream. it drives the volume and attention that make a memecoin sticky and help it reach new ATHs that said, everything depends on your timeframe if you're looking at the past few weeks or the past month, then yes, $USELESS has underperformed and is down over 50% but look at YTD, 10/10 to date, 3-6 months, or any other meaningful timeframe, and it has outperformed every other established memecoin and here's the funny thing about $USELESS: it has a habit of looking incredibly weak, only to come out of nowhere and aggressively outperform everything on a monster rally that leaves people trying to time the bottom completely sidelined we've seen this play out repeatedly • i remember when $USELESS was around $30m-$50m while $CASHCAT was ripping to $200m. everyone was mocking USELESS, calling CASHCAT the cycle meme and telling people to sell USELESS shortly after, USELESS ripped from $30m to $350m in a matter of weeks today, CASHCAT is around $100m while USELESS is around $140m despite all the talk about USELESS being 'weak' • replace CASHCAT with $AI or $ANSEM, and it's the same story • i also remember everyone fudding USELESS against $FARTCOIN when USELESS was at $30m and FARTCOIN was at $180m-$200m they called USELESS boring and unfunny, argued FARTCOIN was better value, and told people to sell USELESS at 30m and buy FARTCOIN at 180m shortly after, USELESS came out of nowhere and flipped FARTCOIN and also WIF, BONK, etc for a while $USELESS has consistently outperformed established memecoins since $TRUMP, as well as the newer cycle memes people have repeatedly favored over it and die-hard $USELESS loyalists instinctively understand why: every other memecoin is USELESS, and liquidity will eventually flow to the king of them all: $USELESS of course, we should also remember that USELESS literally just pulled off a 10x in around 5 weeks, going from around $35m to $350m between August 12 and September 23 a pullback after a move like that isn't unreasonable, especially with these market conditions. some would even argue it's healthy, as much as i'd love to see it go straight up forever i'll also admit that hyper-optimistic $USELESS bullievers like myself can get carried away sometimes we're still hyperbullish in the short term even after the short-term trend has flipped but that doesn't automatically change the long-term thesis short term, mid term, or long term, USELESS has repeatedly established itself as THE memecoin to pay attention to heading into the new cycle since its launch, it has challenged virtually every ceiling people thought was possible for a memecoin in this era: • the only memecoin to reach $450m+ market cap post $TRUMP / $MELANIA in any meaningful fashion, and we're almost two years on • the only established memecoin to outperform $BTC and its chain's native currency this year • one of the only memecoins to come close to its previous ATH in a meaningful way after an aggressive pullback in almost two years so yes, USELESS can show more weakness when the market looks bad sometimes, it even frontruns the market when weakness starts to appear but whenever the market starts trending up, USELESS has repeatedly demonstrated that it can bounce back harder and faster than almost anything else if you believe the bull run is imminent, i'd be looking to aggressively buy or hold $USELESS 'weakness' if you think we're done for the foreseeable future, well, you probably shouldn't be listening to me haha 😅

More net whale bids entered $USELESS over the past 24H— $162K bought up This brings the 7-day net whale inflow to $524K on USELESS All while USELESS fell from 200M to 130M, down 63% from the highs A severe drop looking dangerous for USELESS on the surface In the background, whales see this as a discount on something very valuable They’re bidding more and more as price falls lower and lower Betting on a strong reversal with immense conviction Betting with them is a good strategy Track whale flows live in the replies ⬇️

48 hours later and the situation is more or less the same - top two most traded memecoins on Coinbase: dogecoin:native & solana:Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk - top two most traded memecoins on Kraken: dogecoin:native & solana:Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk - top two most traded memecoins on Bitvavo: solana:Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk & dogecoin:native dogecoin:native & solana:Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk continue to go neck-to-neck on the top US and European exchanges in volume and user interest the only difference? dogecoin:native is trading at a 70x higher valuation it's a fluke if this happens once but when it's been happening consistently for the greater part of 2 years, and now accelerating heading into the new bull run, it's a clear signal of what the market is positioning for then it's clear that the market is positioning for USELESS as THE memecoin of the cycle when risk on gets turned back on solana:Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk is the dogecoin:native / $PEPE type runner of this cycle