{"id":525826,"date":"2025-09-08T07:30:55","date_gmt":"2025-09-08T02:00:55","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=525826"},"modified":"2025-09-07T17:34:52","modified_gmt":"2025-09-07T12:04:52","slug":"social-chatter-fuels-useless-coins-18-rally-more-upside-ahead-if","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/social-chatter-fuels-useless-coins-18-rally-more-upside-ahead-if\/","title":{"rendered":"Social chatter fuels USELESS Coin’s 18% rally: More upside ahead IF\u2026"},"content":{"rendered":"

Key Takeaways<\/strong><\/h2>\n

USELESS surged 18%, OBV improved, and Open Interest recovered to $27.37 million. Will weak volumes stall USELESS Coin\u2019s breakout momentum, or can Smart Money inflows keep fueling the rally?<\/em><\/p>\n

\n

USELESS Coin [USELESS]<\/a> remained the top BONK [BONK]<\/a> ecosystem token, with social sentiment still elevated. LunarCrush data<\/a> showed social activity rose to 0.15% of all crypto chatter.<\/p>\n

The community hype likely drove an 18% price jump in the past 24 hours. Even so, USELESS traded 49%, below its all-time high of $0.415 at press time.<\/p>\n

Volume rises amidst weak momentum<\/strong><\/h2>\n

AMBCrypto’s analysis of USELESS crypto on the charts exhibited that a surge followed a breakout from a falling wedge pattern. Price action was following a support trendline on the hourly chart.<\/p>\n

The On Balance Volume was at -1.399 billion from a low of -1.788 billion. Despite this positive change, the MACD showed that buyers were in control, but their momentum was weak.<\/p>\n

In addition to this, the wedge top near $0.36 could be a medium-term target if conditions improve.<\/p>\n

\"useless\"<\/a>
Source: TradingView<\/figcaption><\/figure>\n

For the memecoin to continue rising, it needs more than positive sentiment. Capital inflow, market conditions, and utility help drive prices.<\/p>\n

On that note, USELESS crypto\u2019s Open Interest starting bouncing back after dropping before the 18th of August. The OI reading was at $27.37 million when writing.<\/p>\n

Bybit, OKX, and Binance led this trading activity, per Coinalyze.<\/p>\n

\"useless\"<\/a>
Source: Coinalyze<\/figcaption><\/figure>\n

Despite the volume rising, it was at its lowest since the 11th of August. The volume was a couple of times less than that of mid-August, when it almost reached $500 million.<\/p>\n

The relatively low volumes make it difficult for USELESS to hit the $0.36 target fast enough.<\/p>\n

Smart money adds exposure<\/strong><\/h2>\n

What was keeping USELESS Coin’s move alive was the fact that buyers stayed grounded. It was indicated by the average Long\/Short Accounts Ratio, which was at 1.539 at press time.<\/p>\n

Similarly, the Aggregated Buy\/Sell Volume indicated buyer strength. The Spot Buy Volume was at $8.07K, more than double that of sellers.<\/p>\n

\"\"<\/a>
Source: Coinalyze<\/figcaption><\/figure>\n

The memecoin also maintained consistency in terms of Smart Money recognition.<\/p>\n

StalkChain showed<\/a> $372K net buys in the past 24 hours, ranking USELESS first. It also placed second in weekly and monthly flows, behind only Fartcoin [FARTCOIN]<\/a>.<\/p>\n

Attention shifts east<\/strong><\/h2>\n

Bonk Guy noted<\/a> rising demand from Chinese traders, who increasingly pushed for USELESS exposure.<\/p>\n

That matched broader recognition, with traders comparing its \u201cattention magnet\u201d quality to Shiba Inu [SHIB]<\/a> and PEPE [PEPE]<\/a>.<\/p>\n

In summary, the technicals were weak to sustain a spirited rally, at least for now, despite USELESS surging 18% in the day.<\/p>\n","protected":false},"excerpt":{"rendered":"

USELESS Coin rallies despite weak volumes, leaving traders asking if Smart Money inflows justify the hype.<\/p>\n","protected":false},"author":98,"featured_media":525921,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[5824,66,3,4,20],"tags":[],"class_list":["post-525826","post","type-post","status-publish","format-standard","has-post-thumbnail","category-memecoins","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"\nSocial chatter fuels USELESS Coin's 18% rally: More upside ahead IF\u2026 - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Since memecoins are driven by hype, the community could have been responsible for the 18% rally in the past 24 hours.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/social-chatter-fuels-useless-coins-18-rally-more-upside-ahead-if\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Social chatter fuels USELESS Coin's 18% rally: More upside ahead IF\u2026 - 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