Joined August 2021
$USELESS has now done ~40MM in volume in the last 24 hours with a 41MM market cap 😱 no meme even remotely compares to a 1:1 volume to marketcap ratio. $USELESS is also doing the 29th most volume on Coinbase among all coins traded on the platform and has the 5th highest volume of all memes. Coinbase volumes also make up 13.5% of $USELESS total volumes, which is insane compared to most memes which are low single digits. Make no mistake, this is retails favorite memecoin and will be the fastest horse in the race once again.
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Our MVP $USELESS has made memecoin history 🏆 What a match! What a performance! We'll be seeing you on pitch for the Atlético de Madrid vs Barcelona match in April! 🔥 @atleti @atletienglish
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Memecoin fundamentals are real, and $USELESS is once again leading the charge in some of the most important metrics. It's no surprise that it just did a ~75% move off the lows as volume always proceeds price. And based on the data below, it looks primed for another aggressive move soon. $USELESS is crushing its peers on Coinbase- relative metrics —its 24h Coinbase volume equals ~6.7% of its market cap, about 10x+ higher than the next best (BONK at 0.7%). Total Vol/MC at 51% shows massive turnover for its size, and 13% of total volumes are done on Coinbase which stands far above the competition which lets you know its retails meme of choice. Make no mistake about it, retail will always come back to memecoins on the first sign of a crypto rally. That's because there are countless stories of memecoins changing peoples lives forever, where they can turn a couple hundred dollars into serious life changing money. Thats because at this stage, buying BTC at $70k will only give you a few x return at best. Sure, its still a good investment, but memecoins are viewed as the highest return upside investment for people who don't have a high paying job or lucrative career path the opportunity to not have to work until they are 65+ to retire. We are already seeing plenty of signs of a memecoin ressurgence and $USELESS is showing metrics of a billion dollar memecoin but priced at just $50MM.
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Retail is coming back. $USELESS is the most relatable memecoin narrative that as ever existed and will once again be the fastest horse in the race the second BTC bottom is confirmed in. There is nothing retail likes more then moving to the furthest end of the risk curve into memes.
Retail users on Coinbase have been very resilient during these market conditions, according to our data: - They’ve been buying the dip - we’ve seen a native unit increase for retail users across BTC and ETH - They have diamond hands - vast majority of customers had native unit balances in Feb equal to or greater than their balances in December
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We have also had Blackrock, Apollo, and Citadel all buy DeFi tokens in the last week and Twitter announce they’ll soon introduce crypto trading to their 550M users. Institutions are positioning before the clarity act is passed. A V reversal is coming and $USELESS is once again the fastest horse in the race.
2017: "Crypto is a scam" 2021: "It's a bubble" 2026: • AMEX hiring crypto product managers • PayPal hiring crypto business development • Visa hiring crypto sales & partnerships • JPMorgan hiring blockchain developers • Morgan Stanley hiring crypto traders • BlackRock hiring digital assets associates • Citi hiring blockchain engineers The same institutions that dismissed Bitcoin are now fighting over blockchain talent. The paradigm shift isn't coming. It’s happened and @ethereumJoseph
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$USELESS is has now done ~35.3MM in volume in the last 24 hours, with ~5.3MM being on Coinbase alone. It is the 3rd most traded coin on all of Solana in the last 24 hours, while sitting at just a 42MM marketcap. Typically, price proceeds volume. $USELESS was also the highest gaining memecoin in the top 500 cryptocurrencies over the last 24 hours. There are many early signs that it will once again be the fastest horse in this market recovery with a clean 10x to go until all time high.
$USELESS is about to run it back and it couldn’t be more obvious. On a random Saturday during a 3 day weekend it’s doing nearly ~20MM in volume. ~3.5MM of which is on Coinbase. Coinbase volumes are mainly retail and is what gets a meme to multi billions. When $USELESS was added to Coinbase the first go around, the momentum was already slowing down. On top of Coinbase several other T1 exchanges have since added it giving it a setup it hasn’t had before. There isn’t a meme that resonates with people better than this and its narrative isn’t predicted on virality to stay relevant. It’s the perfect representation of memecoins.
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$USELESS is about to run it back and it couldn’t be more obvious. On a random Saturday during a 3 day weekend it’s doing nearly ~20MM in volume. ~3.5MM of which is on Coinbase. Coinbase volumes are mainly retail and is what gets a meme to multi billions. When $USELESS was added to Coinbase the first go around, the momentum was already slowing down. On top of Coinbase several other T1 exchanges have since added it giving it a setup it hasn’t had before. There isn’t a meme that resonates with people better than this and its narrative isn’t predicted on virality to stay relevant. It’s the perfect representation of memecoins.
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The retards are going to win again (I’m a retard) #USELESS
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dankcoldturkey retweeted
1/ On Dying In A Year I was thinking about this phrase the other day "Live every day as if it is your last" It is a very popular saying, you are supposed to appreciate each day each day, something like that. People inspo-tweet it a lot.
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These firms took BTC deposits from retail, swapped to GBTC and sold GBTC for a premium. It took months for the swap to happen and it worked great, until the GBTC ETF got denied again and again. The premium became a a 35% discount and retail requested their full BTC back.
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These firms also lent out BTC to 3AC (with no collateral because these guys are just smart and they get it!) who played the same GBTC game that crushed them and everyone ended up on the wrong side of the trade at even larger scale.
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Minting a @BoredApeYC NFT one year ago turned into the greatest investment of all time, with a 270,000% annual return Nearly one-fifth of the return came from the recent $APE governance token Who wouldn't want to be long this chart? #ApeFollowApe #BAYC #MAYC #apecoin
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Nice to see that @BYOPills is finally getting some recognition! But I can't say I'm surprised after watching the team build non-stop for 7+ months Today, @BYOPills is my highest conviction play 👁️ A thread on why it has the potential to disrupt the gameverse landscape 👇🧵
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