{"id":538022,"date":"2025-10-18T21:30:39","date_gmt":"2025-10-18T16:00:39","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=538022"},"modified":"2025-10-18T16:16:56","modified_gmt":"2025-10-18T10:46:56","slug":"useless-coin-identifying-factors-behind-coins-22-daily-surge","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/useless-coin-identifying-factors-behind-coins-22-daily-surge\/","title":{"rendered":"Useless Coin – Identifying factors behind coin’s 22% daily surge"},"content":{"rendered":"

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

What’s driving USELESS Coin price?<\/em><\/h3>\n

Volume, buyer strength, and rising Open Interest drove the surge in the USELESS Coin price that day.<\/p>\n

Will the memecoin sustain the momentum?<\/em><\/h3>\n

General market optimism must align for the memecoin to maintain its momentum.<\/p>\n

\n

Useless coin [USELESS]<\/a> \u00a0defied the broader crypto market downturn, surging 22% in 24 hours, at press time, and outperforming all major memecoins.<\/span><\/p>\n

As the highest-cap memecoin on LetsBONKfun, a launchpad within the BONK<\/a> ecosystem, USELESS stood out for its resilience, gaining traction even as top tokens like Dogecoin [DOGE]<\/a> faced sharp declines.<\/span><\/p>\n

What’s driving the surge?<\/strong><\/h2>\n

Three key factors – trading volume, buyer strength, and rising Open Interest (OI), fueled the recent surge in USELESS Coin\u2019s price.<\/span><\/p>\n

USELESS Coin made headlines as the second most-traded memecoin on Coinbase, trailing only DOGE. With a daily trading volume of $30 million, U.S. investors showed increased aggression toward the token. <\/span><\/p>\n

According to Unipcs<\/a>, volume on Kraken was also nearing a new peak.<\/span><\/p>\n

On Coinbase, bullish sentiment was evident with a 74% Buy Ratio, up 17% in just 24 hours. Kraken and KuCoin also showed buying strength, though with a more measured pace.<\/span><\/p>\n

\"\"<\/a>
Source: Unipcs\/X<\/figcaption><\/figure>\n

Additionally, OI was the highest on USELESS Coin bar, second only to that of DOGE. This was reflected in whale activity, which surged in the past 30 days, with more than $2 million in inflows.<\/p>\n

As the memecoin continues to surge, its future price action becomes more uncertain for traders.<\/p>\n

USELESS Coin price prediction<\/strong><\/h2>\n

Using the peak and the low that came from the flash crash, it was evident USELESS Coin rebounded from the 0.5 Fibonacci Retracement level. The low produced a new high at $0.44, but the price again formed a reversal pattern in a double top.<\/p>\n

Despite this bullish reaction from the 0.5 Fib level, which was an indication of a healthy trend, the price needed to break and stay above $0.35. This would mean a flip from the bearish price structure seen in the chart.<\/p>\n

In case of this flip, USELESS could aim at $0.40, which was just above the 0.236 Fib level. More strength could lead the price past the ATH of $0.44.<\/p>\n

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

If USELESS Coin fails to break above $0.35, it could drop back to $0.22 or even lower.\u00a0<\/span><\/p>\n

This level aligns with the 0.618 Fibonacci retracement, with a deeper support near $0.17, suggesting a bearish trend ahead.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

USELESS Coin eyes a new peak if the current momentum is sustained. <\/p>\n","protected":false},"author":98,"featured_media":538023,"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-538022","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":"\nUseless Coin - Identifying factors behind coin's 22% daily surge - AMBCrypto<\/title>\n<meta name=\"description\" content=\"The surge in USELESS Coin price was driven by three main factors including volume, buyer strength and rising open interest.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/useless-coin-identifying-factors-behind-coins-22-daily-surge\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Useless Coin - 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