Markets· ★★· bullish·

Bonk Guy: USELESS holder addresses hit record high, market cap up over 10x from lows

  • USELESS market cap rose from ~$28M to ~$318M
  • Holder address count hit a new all-time high
  • Bonk Guy: price cycles through rally, pullback, consolidation, new highs
  • Trader says the pattern differs from a topping meme coin
Why it matters: Signals sustained appetite for meme coins, which could support rotation into riskier crypto assets.
Source: PANews