Why Did This Useless Coin Shoo-Too 22% in a Day? The Real Reasons (Spoiler: It’s Not Magic)

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Key Takeaways

What’s fueling this um, ‘Useless’ Coin’s sudden gym session?

Well, apparently, it’s a love triangle of volume, buyer bravado, and Open Interest doing a belly flop-kind of like a crypto soap opera, but with more Jack Daniel’s and less plot. 🍹

Will the meme madness keep this coin buzzing or is it just a one-hit wonder?

If everyone’s feeling lucky and the market’s not in a total meltdown, maybe. Or probably not. But hey, if you’re a gambler, it’s a wild ride-just don’t blame me when the rollercoaster drops you in the kiddie pool. 💦

Useless coin [USELESS] defied the crypto gloom and doom, leaping a stunning 22% in just 24 hours. Yep, outperforming every meme coin in sight-Doge, Shiba, you name it, this one’s the overachiever at the party. 🎉

As the reigning champ on LetsBONKfun-yes, the fun never stops-USELESS refused to tank, even when Dogecoin was having a bad day, which is basically like showing up to a party where everyone’s crying but you’re just dancing and pretending it’s fine.

What’s really behind this crazy leap?

Hint: It’s a cocktail of trading volume, buyer bravado, and Open Interest that’s climbing faster than your cholesterol after a cheat day. 🍔

USELESS hit the headlines as the second busiest memecoin on Coinbase-only behind Doge but racing close behind with $30 million in daily trades. Looks like U.S. traders are feeling daring-or just bored. 📈

On Kraken, the volume’s peaking too, almost like everyone’s trying to see who can buy the most useless yet profitable coin. OI is skyrocketing as whales toss around over $2 million-probably planning their next dinner, but, you know, crypto.

With a 74% Buy Ratio on Coinbase (up 17% overnight-talk about FOMO), the market’s feeling bullish, though not everyone’s jumping into the pool at once. More measured buyers are lurking on KuCoin and Kraken, smelling the coin’s blood in the water. 🦈

And then there’s whale activity. Those guys are sloshing around more than a kid with a new water balloon-$2 million inflows in the past month. Fancy that.

But don’t get too comfy; this rocket ride could explode or just coast, total chaos mode for traders wondering if it’s a pump or just a blip. 🚀

Useless Coin’s crystal ball: what’s next?

Looking at its past tumble and bounce, it seems USELESS slapped the Fibonacci retracement level in the face, bouncing back at $0.44. Not bad for a coin that’s essentially the internet’s punchline.

However, to keep the good times rolling, it needs to make friends above $0.35-otherwise, it might just slip and slide back to $0.22 or lower, like a teenager trying to sneak out past curfew.

If it does break above $0.35, the next goal is $0.40-just above the 0.236 Fib level, with hopes to maybe squeeze past its all-time-high of $0.44 before the lights go out or the whales go home.

If the coin can’t breach that magic $0.35 mark, it might tumble downward into the abyss, maybe even hit $0.17, turning the dream into a meme nightmare. So, stay tuned, or don’t-who really knows with these crypto things?

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2025-10-18 19:13