one of the most important signals i pay attention to when a project dips or experiences a sell-off is the holder growth
a lot of new holders rapidly coming in during sell-offs is a bullish signal, because it means there are a lot of people actively watching on the sidelines and waiting for an entry
a project's holder count reducing with sell-offs is bearish, however
the price of a token only goes up when there are more buyers than sellers, and it's natural for profit-taking to happen by some of the early holders at some point
if a lot of new buyers and holders keep stepping in every time there's a sell-off, it's almost always a smart idea to buy the dip
this is why i continue to post regular updates about USELESS coin's holder growth metric:
almost every time there's a large sell-off, hundreds or thousands of new holders step in to absorb the sell pressure, and days later the token makes a new ATH
at times, many who have been waiting for a dip to size in or increase their position get so spooked by how sudden and aggressive the dip is that they refuse to buy—only to watch in frustration as the price makes new highs days later while they're sidelined
USELESS coin hit a new ATH of $420 million yesterday and is down 27% today
ordinarily, a 27% correction on an asset you think has a strong future screams buy
but sometimes it's not easy to press the button, which is why you look at the fundamentals—e.g., holder growth
what does this look like for USELESS coin right now?
- 164 new hodlers in the past 4 hours
- 518 new holders in the past 12 hours
- 732 new holders in the past 24 hours
- 1,462 new holders in the past 3 days
- 2,888 new holders in the past week
these are very impressive numbers!
the holder growth chart also shows a very important detail: USELESS coin's holder count has consistently trended upward throughout this month
if i had to make a decision just based on the holder count, i'd say this is a buy!
another signal is smart money:
smart money and whales continue to accumulate USELESS coin aggressively on every dip
a combination of the holder signal + smart money metric shows that USELESS is not done yet
volume is yet another signal:
$USELESS has done $58 million in volume over the last 24 hours
for a memecoin not listed on any T1 CEX, this is very impressive
it's also worth noting that USELESS does an average of $40m - $60m in volume daily, with peak volume hitting $70m+
this sustained, consistently impressive volume shows very strong interest in the project
naturally, USELESS has had the most sustained parabolic rally of any memecoin this year, so there would be people taking profits at some point
however, i believe the fundamentals continue to consistently show that the market deems this to be the hottest memecoin to launch this year—as well as one of the hottest to launch this cycle
billions and billions remain my target for USELESS coin
GOD WILLING

yet another ATH in the number of #USELESS coin holders!
holder count is now firmly above 27k, with 1,400+ holders added in the last 3 days alone:
- a lot of new holders continue to rapidly absorb large sells, improving token distribution
- volume continues to be strong both on-chain and on CEXs
- whales and smart money keep accumulating and aggressively buying dips
- core holders are either holding or increasing their stack regardless of short-term volatility — showing belief in the coin’s potential to hit multi-billions
- it finally broke out of the $250m–$350m range it had consolidated in for almost a month, and now looks primed to full send
- USELESS continues to be the fastest horse at the slightest sign of strength in the market, making new ATHs almost daily
- it’s become a high-conviction play for many. it’s also just leaving a level $SPX, #FARTCOIN, $WIF and other top cycle plays consolidated in before hitting multi-billions
- the macro environment continues to look very primed for strong, lower-cap memecoins to pull aggressive pumps
i strongly believe USELESS is the next blue chip memecoin — and it’s being handed to you on a platter of gold!

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