Resurgence of Bullish Sentiment for Useless, Mention of Whale Inflow Indicators
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The bullish sentiment surrounding the meme coin Useless (USELESS) has resurfaced. Cryptocurrency KOL Unipcs claims that Useless is leading in certain indicators such as whale fund inflow and an increase in open interest. Unipcs noted that the meme coin market is generally strengthening, with Trump (TRUMP), Pepe (PEPE), and Bonk (BONK) rising approximately 62%, 38%, and 32%, respectively. He mentioned that Useless is still undervalued in the market and is one of the few meme coins that could reach a market capitalization of $450 million after 2025. Unipcs stated that Useless is currently experiencing its first real bull market, leading in whale fund inflow, relative trading volume, and an increase in open interest. Whale fund inflow refers to the buying or holding expansion of large wallets, while open interest indicates the size of contracts that have not been liquidated in the futures and derivatives market. These two indicators are used to read short-term supply and demand but do not guarantee price direction. This statement about Useless focuses more on supply and demand indicators and market interest rather than specific business performance. Meme coins are sensitive to community interest, liquidity, and exchange accessibility, and statements from specific KOLs can increase short-term trading volume but may also heighten volatility.
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