USLESS COIN price

Merkle3s Weekly Market Overview 📊 6/24 1️⃣ Israel-Iran conflict eases, BTC volatility decreases 🌐 - Earlier this week, the Israel-Iran conflict caused significant market fluctuations, but Trump facilitated a ceasefire agreement between the two sides, leading to a quick market stabilization. - It is expected that $BTC will oscillate between $100K and $110K, continuing to digest selling pressure before seeking upward space. 2️⃣ Trump pressures for interest rate cuts, divisions within the Federal Reserve intensify 📉 - Trump continues to pressure for interest rate cuts, with two Federal Reserve officials he appointed during his first term publicly supporting a rate cut at the end of July, highlighting the increasing divisions in the Fed's decision-making. 3️⃣ On-chain indicators show a defensive market trend 🛡️ - The daily active addresses for #BTC have slightly decreased; on-chain trading volume has not recovered to previous highs, and overall market sentiment remains cautious. - Over the past 10 days, the number of BTC holding addresses has changed little, with long-term holders maintaining stable positions and confidence. - Dormancy and RHODL indicators show short-term small-scale activity, but there are no signs of large-scale long-term capital outflows. 4️⃣ Strong inflows into ETFs continue 📈 - This week, Bitcoin spot ETFs saw a net inflow of approximately $1.14 billion, with the largest single-day net inflow of $641 million (on June 17). - Institutional investment enthusiasm remains high, with net inflows exceeding $1 billion for two consecutive weeks. 5️⃣ Meme token popularity continues to rise 🔥 - #Gorbagana $GOR: A meme coin forked from Solana, inspired by the community joke term "garbage + Solana" from Toly, quickly gained market attention. - #USLESS #LETSBONK: A "useless is faith" themed meme coin launched by the Bonk team, with a market cap surpassing $100 million this week, becoming a market hotspot.

Merkle3s Weekly Snapshot 📊 6/24 1️⃣ Israel-Iran Conflict Eases, BTC Volatility Subsides 🌐 - Conflict between #IsraeliranWar caused substantial market volatility early in the week but was quickly resolved by a ceasefire agreement facilitated by Trump. - $BTC expected to consolidate between $100K–$110K, absorbing remaining selling pressure before potential upward momentum resumes. 2️⃣ Trump Pushes for Fed Rate Cut, Internal Fed Debate Intensifies 📉 - Pressure from Trump intensified, with two Fed officials appointed during his first term publicly supporting a rate cut at the end of July, highlighting growing divisions within the Fed’s decision-making body. 3️⃣ On-Chain Indicators Signal Defensive Market Stance 🛡️ - Daily active #BTC addresses slightly declined; on-chain transaction volumes have not recovered to previous highs, indicating market caution. - Minimal BTC holder address changes over the past 10 days suggest continued confidence from long-term holders. - Dormancy and RHODL metrics show minor short-term activity, but no significant long-term capital outflows. 4️⃣ Robust ETF Inflows Continue 📈 - Bitcoin spot ETFs attracted ~$1.14B net inflows this week, with the largest single-day inflow of $641M on June 17. - Institutional enthusiasm remains strong, marking the second consecutive week of inflows exceeding $1B. 5️⃣ Meme Tokens Gain Spotlight 🔥 - #Gorbagana $GOR: A meme token forked from Solana, inspired by Toly’s humorous “garbage + Solana” community remark, gained rapid attention. - #USLESS #LETSBONK: “Useless is Faith” themed meme token launched by the Bonk team achieved a market cap surpassing $100M, emerging as this week’s meme highlight.