$USELESS FUD seems to be at ATHs today
you'd think USELESS is the worst performing asset of the cycle judging by the insane amount of FUD right now
the reality:
- it remains the second most-traded memecoin onchain after $TRUMP
- it's down 76% from ATH vs $FARTCOIN (down 91%), $SPX (down 80%), $WIF (down 91%), $PEPE (down 82%), almost every other major memecoin (down 80 - 90% or more)
- it continues to lead in memecoin smart money accumulation despite hitting a 5-month low yesterday
- the community remains strong and people continue to talk about it despite the bloodbath. even fudders and haters can't help but talk about it now, increasing its mindshare!
anyhow you look at it, USELESS is leading almost every other major memecoin in:
- on-chain volume
- smart money accumulation
- whale accumulation
- relative strength when you compare drawdowns from ATHs among memecoins
- remains the best memecoin narrative of the cycle
- its mindshare and attention continues to grow rapidly
of course many will FUD and make noise now instead of looking at objective metrics and accumulating, just like they did on the pullback to $4m before it turbo ripped 100x to $400m+ in a mere few weeks just a few months ago
then they will start whining and claiming that 'nobody told them to buy it at the lows and it is only pumping because it is a cabal coin' when next it is at ATHs
idk you do you, but recent events have shown that 99.99% of this whole space is literally USELESS
so might as well embrace the one memecoin that epitomizes it!
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