Interesting potential with $USELESS is that, if it passes 1B mcap, it creates a moment of “wait, this is possible again?” bullish intrigue, disbelief and adrenaline. Memecoins hit 11B and a half dozen went multi B last cycle. Last cycle then suffered not necessarily just from dispersion, but liquidity for alts rolled over right after trump’s inauguration, and never recovered. A lot of people never looked at stats or visualizations, because BTC kept going up into a weak marginally higher ATH, so they just “felt” it, and it felt bad. I think we’re poised to make the prev cycle look like a 2019 style echo pump in terms of the financial conditions that are lining up I think social trading and frictionless truly consumer apps have *finally* solved crypto UX for normies, *and* might actually narrow dispersion through people 3:3ing the attention and clout around hero trades. We’re already seeing that, and it’s sustaining itself. Once useless passes 1B, I think people start dreaming bigger again for where onchain can go. I feel like useless at 300m (as well as other newer coins) could get looked back upon as very, very cheap, as BTC and majors are still way, way below prev ATH
doug funnieShare
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