USELESS Surges as Bitcoin Breakout Fuels Speculative Memecoin Rotation
- —Total market cap rose 4.2% to $2.91 trillion, Fear & Greed index at 78
- —USELESS open interest climbed 11% in 24 hours to $70 million
- —Whales holding over $1 million control 57% of USELESS supply
- —USELESS trades in the $0.23–$0.25 Fibonacci range above key moving averages
Why it matters: USELESS hinges on sustained risk appetite and Bitcoin's rally; losing moving-average support would open the door to deeper consolidation.
Source: AMBCrypto