Useless Coin (USELESS) Price Prediction

Deep Dive

1. Exchange Listings (Mixed Impact)

Overview: USELESS gained 55% after its August 2025 Binance listing (AMBCrypto), with Coinbase adding support weeks later. However, turnover remains high at 0.427 (42.7% of market cap traded daily), signaling extreme volatility.

What this means: While listings improve accessibility, they also enable rapid profit-taking. The 30-day price dropped 22% post-listing euphoria, showing how liquidity cuts both ways. Monitor exchange netflows for early signs of sell pressure.

2. Whale Dominance (Bearish Risk)

Overview: Top 100 addresses hold 529M USELESS (53% supply). In June 2025, a 50% whale sell-off triggered a 70% price collapse (CoinMarketCap).

What this means: With no token burns or vesting schedules, whales can dump freely. The 24h volume ($70.6M) equals 43% of market cap – thin liquidity amplifies whale impact. Track Nansen smart money wallets for accumulation/distribution trends.

3. Meme Cycle Dependency (Bullish Catalyst)

Overview: USELESS thrives during altcoin seasons (index at 62) but bleeds value when Bitcoin dominance rises. Its August 2025 rally coincided with Solana memecoin mania (The Defiant).

What this means: As a pure sentiment play, USELESS could surge if the Altcoin Season Index rebounds above 75. However, RSI (44.26) and MACD (-0.0036) show weakening momentum – needs fresh narrative triggers.

Conclusion

USELESS remains a high-risk meme proxy – exchange inflows and Korean retail FOMO could spark short-term pumps, but whale concentration and zero fundamentals make sustained gains unlikely. Watch the $0.14 Fibonacci support: a break below may confirm bear control.

Will the “anti-utility” satire outlast the next market downturn?