Unipcs
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in the past week:
the S&P 500 index made a new ATH
the Dow Jones index made a new ATH
Gold made a new ATH
Silver made a new ATH
meanwhile, crypto remains muted, and $BTC is sitting 30% below ATH from two months ago
the delay of the crypto rally is not denial
it is only a matter of time before crypto plays catch-up and outperforms all of the above!
BTC0.6%
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a little over two months ago, it would have cost you $4.4 million to buy 1% of the $USELESS coin supply
today, you can buy the same 1% of the USELESS coin supply for $600k
as the wise Warren Buffett once said:
'Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble'
USELESS10.7%
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imagine being sidelined on the whole $USELESS run from $4m to $440m market cap
then seeing an opportunity to size into it again at $58 million market cap and then fading it once again
you literally have the strongest memecoin narrative of the cycle sitting at a measly $58 million market cap while the entire memecoin sector is sitting at $43 billion market cap
the USELESS repricing to ATHs and beyond is long overdue and will be one for the history books
USELESS10.7%
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one of the most prevalent narratives i see being pushed aggressively of late to explain the recent weakness in memecoins goes something like this
'crypto has changed for good. it is now being driven by institutions who are smart and do not have time for degen games. useless, vaporware memecoins and weak utility projects are dead for good. only tokens of revenue-generating protocols are worth buying'
this narrative looks strong in theory, but it immediately collapses in the face of actual data
let’s take a look at the performance of the tokens of the top 10 crypto protocols by revenue since Oct
PUMP2.91%
MET3%
JUP5.02%
LDO3.73%
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many keep asking why i seem to be adamantly bullish $USELESS coin despite the memecoin sector looking bleak as of late
it's simple:
the memecoin sector is worth $43 billion despite the general weakness of the sector as of late
top 5 memecoins:
- $DOGE: $22b
- $SHIB: $4.2b
- $PEPE: $1.7b
- $TRUMP: $1b
- $BONK: $700m
i think USELESS coin is an easy top 5 memecoin on a long enough timeframe, and possibly a top 3 memecoin at some point just going by pure narrative strength
at $57 million right now, it seems crazy undervalued for what it could be worth in the future
USELESS10.7%
DOGE0.34%
SHIB3.19%
PEPE3.2%
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there's literally an army of people relentless fudding $USELESS coin hard and having a mental breakdown about it every single day
not one, two, or three people... but many more
a crazy number of people relentlessly fudding a memecoin that is literally named USELESS and is down 87% from ATH makes you wonder: what exactly are they so afraid of?
the USELESS bounce back to ATHs and beyond will be swift and aggressive — a sight to behold
GOD WILLING
USELESS10.7%
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Memecoin Dominance is around all time lows
things weren't even this bad during the 2022 - 2023 bear market!
the last time things were this bad for memecoins was in February 2024
shortly after:
- $PEPE rallied 2,500%
- $WIF rallied 1,600%
- $FLOKI rallied 1,000%
- $BONK rallied 440%
at the time, everyone was screaming 'memecoins are dead for good with the bear market'
then we had the most explosive sector-wide memecoin rally of the cycle shortly after
sentiment feels just as bad right now if not worse
a lot of major memecoins are down 80 - 99% and feel completely dead and hopeless
and this is j
PEPE3.2%
WIF2.17%
FLOKI2.67%
BONK1.58%
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every major memecoin experiences a massive 90–99% pullback after its first major rally, before witnessing its true parabolic move to multi-billions
$DOGE, $SHIB, $PEPE, $WIF, $BONK, and $FLOKI all went through several 90%+ pullbacks before hitting the billions
$USELESS is currently going through its first massive pullback after its first major rally
it went from $4m to $440m in the span of a few weeks, at a time when memecoins were struggling to hit $10m and many considered them dead
once this pullback is done, USELESS is going to resurge aggressively to new highs
this is the time to be aggres
DOGE0.34%
SHIB3.19%
PEPE3.2%
WIF2.17%
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I'M THANKFUL 🙏
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'bonk guy is done after 10/10. he's washed and never making a comeback'
'bonk guy is cooked. he has made $USELESS his personality and that memecoin is done'
'bonk guy this'
'bonk guy that'
it's funny how many on the timeline keep saying nonsense about me every other day
they've been saying i'm done and cooked and over for months now
yet they cannot stop talking about me
maybe something to think about...
BONK1.58%
USELESS10.7%
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$USELESS is doing $4 million in daily volume on Coinbase at the lows
$29 million in total daily volume!
yet many are calling it dead
is this what a 'dead' memecoin looks like to you? especially with the current state of the market and complete apathy for memecoins
USELESS is going to bounce back aggressively at some point, sooner rather than later IMO
once that happen, you will find the usual copers and sidelinoors whining and crying about how it is some cabal fueled pump
they all have an opportunity to get in here at the lows... plenty of opportunities actually!
but they will fade and start b
USELESS10.7%
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i'm waiting for sidelinoors to once again come and start saying i got lucky when $USELESS is trading in the billions and i'm up eight figures on that trade
USELESS10.7%
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we just got the third rate cut of 2025, bringing the target range to its lowest level in nearly three years
the FED also announced a major new liquidity injection — roughly $40 billion per month in Treasury bill purchases
and this is happening right after BTC bounced from a 35% correction, its most significant pullback so far this cycle
at the same time, ultra-conservative, deca-trillion-dollar asset managers like Vanguard and Charles Schwab are pushing crypto products to their tens of millions of users for the first time
this isn’t the time to be bearish
this is the time to be buying dips agg
BTC0.6%
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every memecoin is 'useless'
that’s the point
and yet… the memecoin market is sitting at a staggering $46.2B
the top 7:
- $DOGE: $21.5B
- $SHIB: $5B
- $PEPE: $1.9B
- $TRUMP: $1.15B
- $BONK: $790M
- $PENGU: $720M
- $SPX: $580M
now zoom out
in a sector worth tens of billions, $USELESS is currently a tiny $100M speck on the radar
yet it is the clearest narrative and purest sector exposure play in the entire memecoin ecosystem
if memecoins continue to be a thing...
then the story is simple:
USELESS isn’t actually useless
it’s under-priced attention
it’s pure memecoin beta
it’s the cleanest proxy fo
DOGE0.34%
SHIB3.19%
PEPE3.2%
TRUMP0.65%
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$BONK relative strength of recent is starting to become notable
plus BonkFun activity is also starting to ramp up again thanks to BONK's USD1 campaign with $WLFI, which means more fees for BONK buy and burn
tbh it's hard to point to a single memecoin with better fundamentals than bonk
this is going to send again IMO!
BONK1.58%
USD1-0.05%
WLFI3.04%
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everyone was doomposting and calling for $BTC to go to low 70ks just a week ago
some were actually very confident that BTC is headed to 40ks 'because Saylor's $MSTR is about to implode'
now $BTC is back to $94k today and everyone is all of a sudden a bull again
things have only gotten better fundamentally speaking though:
- a new rate cut is likely tomorrow
- there are speculations about massive FED liquidity injections into the market starting tomorrow
- several deca-trillion-dollar financial institutions/asset managers like Vanguard and Charles Schwab announced support for crypto
- crypto is
BTC0.6%
USELESS10.7%
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many would realize that they sold the bottom of $USELESS in hindsight due to their impatience
a lot of people assume that multi-billion-dollar memecoins — $DOGE, $SHIB, $PEPE, $BONK, $WIF, etc — simply launch and coast from zero to multi-billions in days
in reality, their journey is characterized by moments of cooldowns and deep pullbacks before their next aggressively parabolic move, which is usually where many give up
and $USELESS isn't going to be any different
if anything, i think USELESS has actually demonstrated better relative strength compared to the usual memecoin journey i.e. the mos
USELESS10.7%
DOGE0.34%
SHIB3.19%
PEPE3.2%
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i took a break from X for a few days
and apparently the following has happened in that timeframe
1. CT started a rumor that i'm the same person as another anon trader (untrue!)
2. CT started a rumor that i'm ZachXBT (while i have deep respect for Zach and think he is one of the most underappreciated figures in this space, this is also untrue)
3. CT started a rumor that i launched a new memecoin: i have never and will never launch a memecoin. they're all $USELESS at the end of the day, so why bother?
4. an army of people have blamed me for all the worst things happening in the trenches (even th
USELESS10.7%
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two things i strongly believe right now:
1. the whole '4-year cycle' idea is dead
i think the odds are good that we make a new ATH on $BTC this year
but i'm extremely confident we’ll see several new ATHs on BTC and on high-conviction altcoins next year
2. memecoins are not dead
as usual, they’ll continue to have the most parabolic rallies of any altcoin
of course, thanks to the Trump admin and increasing regulatory clarity for crypto, utility tokens now stand a better chance than they’ve ever had, simply because the playing field is finally fairer for them
however, memecoins are not going anyw
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$BTC is currently recovering from its worst pullback this cycle, a 36% correction that started after it made ATH on October 6
meanwhile we have a confluence of lots of good news all at once
- the US Federal Reserve (FED) ended QT on December 1, the first time they will be doing this since ending a QT cycle in September 2019
- the FED injected $13.5 billion in liquidity into the banking system which is one of their largest liquidity injections since COVID
- further FED rate cuts are expected in a week's time
- ultra conservative $11.5 trillion asset manager Vanguard just integrated crypto, open
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