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USELESS has recently become interesting, with the price suddenly surging by 3.93%, driven by the latest comments from Federal Reserve official Kashkari. This guy criticized cryptocurrencies, saying they are basically useless for ordinary consumers, which ironically sparked market attention.
From a technical perspective, USELESS is currently in a sideways consolidation phase, with no clear directional signals. The trend is a bit awkward, as there is neither a reason for a big rally nor downward pressure. In this situation, investors are mostly watching and waiting to see if any other catalysts will emerge.
Overall, this wave of increase is mainly driven by public opinion. Whether it can continue upward depends on market sentiment and other fundamental factors.