yet another ATH in on-chain holders for
#USELESS coin:
- token distribution continues to improve as a lot of new holders continue to come in to absorb large sells
- on-chain and CEX volume remains strong
- smart money and whales continue to buy the dips and accumulate aggressively
- core holders continue to hold through volatility, showing belief in higher targets for the coin
- it has consolidated around a $250m to $350m market cap for three weeks now and looks primed to break out soon
- the aggressive accumulation happening at these levels shows USELESS isn’t just a pump and dump; instead, there is strong demand as people position before the next explosive move for what's about to become a multi-billion-dollar memecoin
- USELESS is rapidly becoming a high-conviction play for many.
$SPX,
#FARTCOIN,
$WIF, and other top cycle plays that showed a similar type of accumulation around this level are all trading above $1 billion market cap now!
- the macro environment remains primed for strong, lower-cap memecoins to pull aggressive pumps
you really might have been handed the next blue chip memecoin on a platter of gold!