Whales Go Bonkers for USELESS Coin – Will It Sink or Swim?

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Ah, the glorious world of memecoins, where logic goes to die and chaos reigns supreme. Today’s star of the absurd? USELESS Coin [USELESS], the digital equivalent of a whoopee cushion in a boardroom. While the crypto markets did a little jig following the demise of Iran’s supreme leader (because nothing says “financial stability” like geopolitical turmoil), USELESS decided to outshine them all with a 17% rally. Take that, Bitcoin!

As the drums of war momentarily fell silent, capital decided to take a holiday in the land of memecoins. Bitcoin [BTC] strutted its way to $67K, but who cares about that when USELESS is having its moment in the sun? The real question, of course, is: Who’s behind this madness?

Capital Inflows: Because Why Not?

According to the wizards at Nansen AI, buying and liquidity have exploded like a badly shaken soda can. The Top PnL traders-those mythical creatures of the crypto world-poured in $75K, a whopping 3x their usual daily allowance. Four wallets, in perfect harmony, decided that USELESS was the next big thing. Or maybe they just lost a bet.

And let’s not forget the whales, those leviathans of the crypto sea. They splashed in with a $60K net flow, 1.6X their normal antics. Their holdings swelled by $2 million, reaching a grand total of $77 million. Each whale, in their infinite wisdom, snapped up an average of 340K USELESS coins. Because, you know, why not?

Even fresh wallets got in on the action, adding $351K-a 220% spike. It seems the allure of a coin named “USELESS” was too much to resist. Meanwhile, 4.1 million USELESS tokens sat untouched in smart money wallets, presumably because even they couldn’t figure out what to do with them.

Wintermute, the unsung hero of liquidity, kept the party going, despite bots throwing a tantrum when the price hit $0.045. Ah, the drama of it all!

Will USELESS Coin Keep Its Useless Charm?

On the charts, USELESS danced from a low of $0.036 to just above $0.045, a 29% range that would make even the most seasoned trader scratch their head. But, as is tradition, it’s already pulling back, eyeing that $0.036 level like a dog eyeing a steak. The MACD is whispering sweet nothings about seller momentum, while the Choppiness Index (CHOP) at 49.26 suggests this rally is about as trendy as bell-bottoms.

Breaking above $0.045 could send it to $0.055, while a drop below $0.036 would be like watching a soap bubble pop. And let’s not forget the $0.05 resistance, because why make things easy?

In short, USELESS is teetering on the edge of a decision that could either make it the next big meme or send it back into obscurity. Place your bets, ladies and gentlemen!

The Useless Summary

  • USELESS rallies over 17% because whales and traders apparently have nothing better to do.
  • The coin faces critical tests at $0.036 and $0.045, because life is all about choices.

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2026-03-02 03:03