Bonk Guy: USELESS Hits New All-Time High in Holder Addresses, Market Cap Reaches $318 Million

Odaily reports that Bonk Guy posted on their personal channel stating that USELESS has hit a new all-time high in the number of holding addresses, and noted that the token has consistently exhibited a cyclical pattern over the past few months of "outperforming the market—sharp correction—consolidation—new highs." They pointed out that USELESS's market cap has risen from a low of approximately $28 million several months ago to around $318 million, with short-, medium-, and long-term cycles all showing a pattern of successively higher highs and higher lows, and argued that this trend differs from the characteristics of a topping Meme coin.