$USELESS $DOGE
Trading volume nearly matches DOGE, yet market cap is 72 times smaller: How many people did USELESS’s “false prosperity” fool?
USELESS’s trading volume is approaching DOGE’s. On the surface, it looks like meme capital is flowing back, but in reality, it is short-term wash trading in a low-liquidity pool. A 900% monthly surge followed by a 51.7% pullback from its all-time high is not healthy turnover—it is the classic script of concentrated profit-taking.
The severe divergence between trading volume and market cap shows that fast money is flowing in, not consensus capital building positions. Volume without market-cap support is merely a thermometer for speculative sentiment: it heats up quickly and cools down even faster.
Why has meme capital become active again? The macro calendar is too packed. Ahead of the triple hit of CPI, PPI, and FOMC, major players do not dare to heavily position in major coins, while retail investors find BTC’s volatility insufficiently exciting. As a result, low-cap memes have become an outlet for emotional release.
But once the 0.056 retracement level is breached, the next wave of capital will not stay in USELESS and stubbornly fight it out. It will most likely rotate into new meme assets with established communities, or flow back into the SOL and BTC ecosystems after the macro events play out.
The Fear and Greed Index is 57, neutral but leaning cold, while Bitcoin dominance is 59.44%. Capital has not actually flowed out on a large scale.
My view: This meme rebound is a structural short-term sprint, not a broad-based rally. USELESS’s 72-fold market-cap gap cannot be closed in the short term.
Where will the next wave of capital go? Watch which projects can hold key levels during the pullback without their trading volume collapsing—that is the real signal. Otherwise, it is all just a paper celebration. #USELESS交易量接近DOGE
Trading volume nearly matches DOGE, yet market cap is 72 times smaller: How many people did USELESS’s “false prosperity” fool?
USELESS’s trading volume is approaching DOGE’s. On the surface, it looks like meme capital is flowing back, but in reality, it is short-term wash trading in a low-liquidity pool. A 900% monthly surge followed by a 51.7% pullback from its all-time high is not healthy turnover—it is the classic script of concentrated profit-taking.
The severe divergence between trading volume and market cap shows that fast money is flowing in, not consensus capital building positions. Volume without market-cap support is merely a thermometer for speculative sentiment: it heats up quickly and cools down even faster.
Why has meme capital become active again? The macro calendar is too packed. Ahead of the triple hit of CPI, PPI, and FOMC, major players do not dare to heavily position in major coins, while retail investors find BTC’s volatility insufficiently exciting. As a result, low-cap memes have become an outlet for emotional release.
But once the 0.056 retracement level is breached, the next wave of capital will not stay in USELESS and stubbornly fight it out. It will most likely rotate into new meme assets with established communities, or flow back into the SOL and BTC ecosystems after the macro events play out.
The Fear and Greed Index is 57, neutral but leaning cold, while Bitcoin dominance is 59.44%. Capital has not actually flowed out on a large scale.
My view: This meme rebound is a structural short-term sprint, not a broad-based rally. USELESS’s 72-fold market-cap gap cannot be closed in the short term.
Where will the next wave of capital go? Watch which projects can hold key levels during the pullback without their trading volume collapsing—that is the real signal. Otherwise, it is all just a paper celebration. #USELESS交易量接近DOGE


