i find it very funny and ironic that all the usual CT suspects are calling USELESS coin a 'cabal/bundled play'
despite the fact that all the usual trenches guys, CT influencer 'gimme-supply-to-shill' larps, and big accounts coordinating rotation between plays after they load up supply are sidelined
there's almost no high-profile CT account tweeting about this, with the exception of @bluntz_capital and one or two others
and of course, the bonk team and BonkFun dev @SolTomPort (which is natural, since they want it to succeed—as its success is a good thing for BonkFun and the bonk eco)
USELESS crashed 90% from its initial ATH of $40m, and people had weeks to buy between $4m to $10m market cap
most of its run-up has been a slow grind over weeks, with enough consolidation in between: up 20% on some days, up 70% on others... resulting in compounded growth until it got to these levels
nothing like a sudden 1,000 to 2,000% pump in a day, as we've seen recently with several cabal plays
USELESS has also held incredibly well and defied every negative trend since it started its current rally: Israel-Iran war, a deferred rate cut, etc
all while Bubblemaps and every other token analysis tool show it has one of the cleanest distributions in the space
everything that's happened with it shows it is anything but a 'cabal' play
it's done so well because people get the narrative and see it as an incredibly bullish one all things being equal—one that is still relatively undervalued compared to other top memecoins. they think it has enough mindshare to be a top memecoin
but the usual CT suspects are coping so hard because they didn’t get given supply to shill it, and no one gave them an advance heads-up in private before it rallied
i haven’t seen cope like i’m seeing about USELESS for anything else this cycle tbh, which makes me think even i might not be bullish enough
there’s so much sidelined energy on this that it will send much higher and eventually suck liquidity out of the vaporware (i.e. useless coins) they’re holding
GOD WILLING
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