Huo Xing Finance reports that on September 8, renowned trader Bonk Guy posted that for the past few months, I’ve been saying: today’s USELESS looks just like PEPE before its 2023 surge—similar trading structure, expanding open interest, relative early strength, market timing, and its initial outperformance. I didn’t even check the charts first, yet USELESS’s price action is nearly an exact replica of PEPE’s launch phase in 2023. It doesn’t matter—I’m watching people short it at $50 million market cap, then chase it up to $200 million, and I suspect even more will wait until it hits over $1 billion before buying. There seems to be a strange habit in crypto: the more it rises, the more people think it’s a better buy. History doesn’t repeat itself exactly, but it often rhymes—and this rhyme is getting louder. Earlier, Upbit announced it would list the USELESS/BTC and USELESS/USDT trading pairs.
Bonk Guy Compares USELESS to Pre-2023 PEPE Rally
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Summary
Bonk Guy says the current rise in USELESS mirrors PEPE before its 2023 market rally, pointing to matching patterns in structure, timing, and early strength—the chart shapes are nearly identical. Upbit has listed USELESS/BTC and USELESS/USDT trading pairs, and traders are now monitoring altcoins for potential breakout moves.
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