Useless Coin (USELESS) surged over 17% within 24 hours, significantly outperforming the overall cryptocurrency market which increased by 4.71%. As geopolitical tensions ease, capital is flowing into these “meme coins.” Data from Nansen AI shows that this buying activity is very active, with top profit and loss traders net investing $75,000 (three times their average level), whales net investing $60,000, and new wallets contributing $351,000. Despite the influx of funds, technical indicators show that this rally is gradually losing momentum within the key sideways trading range of $0.036 to $0.045. The next move for the coin depends on whether it can break through this zone.
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Useless Coin (USELESS) surged over 17% within 24 hours, significantly outperforming the overall cryptocurrency market which increased by 4.71%. As geopolitical tensions ease, capital is flowing into these “meme coins.” Data from Nansen AI shows that this buying activity is very active, with top profit and loss traders net investing $75,000 (three times their average level), whales net investing $60,000, and new wallets contributing $351,000. Despite the influx of funds, technical indicators show that this rally is gradually losing momentum within the key sideways trading range of $0.036 to $0.045. The next move for the coin depends on whether it can break through this zone.