Bonk Guy: USELESS holder addresses hit a new high, market cap up over 10x from its low

PANews, September 23 — Well-known trader Bonk Guy posted that the number of USELESS holder addresses has hit another new high, saying the token has repeatedly followed a cycle of "outperforming the market — sharp pullback — consolidation — new high" over the past few months. He noted that USELESS's market cap has risen from a low of roughly $28 million a few months ago to about $318 million, with highs and lows steadily rising across short-, medium- and long-term cycles, and argued that this pattern differs from the characteristics of a topping meme coin.