Trader Bonk Guy said in a post on his personal channel that USELESS is showing what he described as a very strong setup, with a large cup-and-handle pattern forming over the past year. He said the last time he saw a similar structure was in BONK at the end of 2023, when the token went on to gain more than 1,600% in the weeks after its breakout. Bonk Guy also said USELESS is the meme coin he has the strongest conviction in among all meme tokens he follows. He added that he believes USELESS could become the first meme coin in the current cycle to reach a $10 billion market capitalization. The comments were cited by Odaily in a 7x24 news update.
Odaily reported that trader Bonk Guy said in a post on his personal channel that USELESS is looking 「very strong」 and has formed a large cup-and-handle pattern over the past year.
He said the last time he saw a similar pattern was in BONK in late 2023. After that breakout, BONK rose more than 1,600% over the following weeks.
Bonk Guy also said USELESS is the meme coin he has the strongest conviction in among all meme coins, and that he sees it as a candidate to become the first meme token in this cycle to surpass a $10 billion market capitalization.
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