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$SHIB casually added $1 billion to its market cap in 24 hours
meanwhile $USELESS , the $DOGE /$SHIB-type runner of this cycle, is sitting at just a $58 million market cap after a 50% pullback from its monthly highs
$SHIB basically added ~17x the entire $USELESS market cap in 24 hours
if that doesn't show you how undervalued $USELESS is here, i don't know what will tbh
several objective metrics point to $USELESS being THE memecoin to watch this cycle:
- strongest meme narrative of the cycle
- highest OI-to-market-cap ratio of any memecoin across the venues it's listed on
- highest volume-to-market-cap ratio of any memecoin
- consistent whale and smart money accumulation - across DEXs and CEXs
- listed on multiple tier 1 CEXs, making it easy for liquidity to flow in
- consistently strong volume and mindshare, even through the worst of the bear market lows
i think buying $USELESS spot here and doing nothing until year end is pretty much the move for anyone bullish on memecoins