Crypto KOL Bonk Guy renewed his bullish call on USELESS on Sept. 10, saying on social media that the token is "The Memecoin" of the current bull cycle and is "basically destined" to reach a market capitalization in the tens of billions of dollars. He also said USELESS attracted many new holders during the latest pullback and argued that, before Q4 begins, every dip in the current price range should be treated as a buying opportunity. GMGN data shows USELESS has fallen 23% from the all-time high it set yesterday. At the same time, a decline in PONS cut Bonk Guy’s personal meme-wallet holdings by $5.07 million over the past 24 hours. His disclosed holdings include 15.8 million USELESS and 10.9 million PONS. BlockBeats added a risk note, saying meme-coin trading is highly volatile, often driven by market sentiment and narrative trading, and lacks real value or practical use cases.
Crypto KOL Bonk Guy renewed his call on USELESS on Sept. 10, saying on social media that USELESS is "The Memecoin" of the current bull market and is "basically destined" to reach a market capitalization in the tens of billions of dollars.
He also said many new holders entered USELESS during the latest decline. Before Q4, he said, every pullback in the current price range is a buying opportunity.
According to GMGN data, USELESS is down 23% from the all-time high it set yesterday. At the same time, Bonk Guy’s personal meme-wallet holdings shrank by $5.07 million over the past 24 hours due to a decline in PONS.
His holdings stand at 15.8 million USELESS and 10.9 million PONS.
BlockBeats noted that meme-coin trading carries large price swings, often depends on market sentiment and concept-driven speculation, and has no real value or use case. Investors should be aware of the risks.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.