Crypto trader BonkGuy said USELESS is the token he is most bullish on right now, adding that his conviction is even stronger than it was when he bought BONK near its 2023 lows. In comments cited by Odaily, BonkGuy looked back at earlier gains from meme coins including BONK, WIF, Fartcoin, POPCAT, and PNUT. He said one 6x leveraged BONK trade turned $16,000 into more than $20 million, while a $6,000 WIF position grew to about $1.4 million. He also said those profits were later largely wiped out during the "10/10" market move. On USELESS, BonkGuy argued that the token’s rise in market capitalization from about $4 million to $450 million last year was only a "test pump," and that move did not happen in a bull market. He said USELESS could see a much larger price increase if it goes through its first full bull cycle.
Crypto trader BonkGuy said USELESS is the token he is most bullish on at the moment, and that his conviction now is even higher than it was when he traded BONK near its 2023 lows.
According to Odaily, BonkGuy said he had previously booked large gains from meme coins including BONK, WIF, Fartcoin, POPCAT, and PNUT. He said one 6x leveraged BONK trade turned $16,000 into more than $20 million, while a $6,000 WIF position grew to about $1.4 million.
BonkGuy also said those gains were later mostly lost during the "10/10" market move.
His view on USELESS
On USELESS, BonkGuy said the token’s market capitalization rose from about $4 million to $450 million last year, but described that run as only a "test pump." He added that the move took place outside a bull market.
He said USELESS could post a much larger price increase if it goes through its first full bull market cycle.
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