#USELESSSurgesAnother67%

My opinion: The move is impressive, but I would be much more cautious about following it here.

The latest data supports the headline: USELESS has risen approximately 67% in 24 hours, with a market capitalization of around $213 million and a 24-hour trading volume of around $38 million. Bonk Guy's position also makes sense; his 15.9 million USELESS shares are worth approximately $2.52 million, and he has approximately $1.68 million in unrealized profit.

Points I like:

* The thesis has proven correct. Following his prediction on September 1st, there has been a move of over 50%, and now a 67% increase.

* It appears he has been accumulating for months, even when the market capitalization was around $30 million, not just buying after the current surge.

* The historical comparison isn't entirely illogical: USELESS previously rose from approximately $4 million to $450 million even outside of a broad bull market.

But here's the big red flag:

Bonk Guy's belief isn't the same as USELESS's intrinsic value.

The token, valued at ~$213 million, has reached approximately 53 times its reference initial value of ~$4 million. To reach this:

* $500 million → ~2.35x
* $1 billion → ~4.7x
* $2 billion → ~9.4x

These are achievable numbers in the meme-coin craze, but they require increasingly excessive liquidity and attention.

And there's a crucial distinction: his $1.68 million profit hasn't materialized yet. If he starts selling, his position itself could become part of the exit liquidity dynamic. Furthermore, USELESS explicitly defines itself as a community-driven memecoin without a traditional use case/roadmap, so valuation is largely dependent on attention, liquidity, and narrative.

The part I'll be watching most closely

Actually, the question isn't "Can USELESS rise even further?"

Of course it can.

The question is:

Can new demand continue to come in faster than the rate at which existing investors are taking profits?

After a 67% daily candle, the risk/reward ratio changes significantly.

I would roughly classify it like this:

$30 million → $100 million: early-stage narrative
$100 million → $200 million: momentum confirmation
$200 million and above: you're increasingly betting on the ongoing reflection

So, if I were treating this purely as a trade, I wouldn't just be chasing a vertical candle because Bonk Guy is bullish. I would want to see if it can consolidate above ~$200 million, maintain meaningful volume, and then move higher without needing another influencer-driven bounce.

In conclusion: I'm optimistic about the possibility of a much larger meme-coin movement, but I'm not comfortable calling $213 million "cheap." This setup has the potential for a massive upside and a very significant downside risk. At this stage, position size is more important than target price.

And a particularly important caveat: Bonk Guy himself has shown before that spectacular, unrealized meme-coin gains can disappear very quickly in adverse market conditions.
$USELESS ‌