BonkGuy: Multiple Trading Metrics for USELESS Hit All-Time Highs, Current Position Floating Profit Exceeds $2.04 Million

Odaily News Trader BonkGuy (Unipcs) stated in a post that multiple core metrics for USELESS are growing rapidly. Over the past 24 hours, its trading volume on Coinbase and Kraken has surpassed DOGE, achieving the same milestone on European exchange Bitvavo. Over the past week, more than 6,900 new holder addresses were added, setting a new all-time high in total holder count.

BonkGuy noted that USELESS perpetual contract open interest and trading volume have both reached all-time highs, with perpetual contract trading volume exceeding $1.2 billion in the past 24 hours, alongside spot trading volume of approximately $104 million. Additionally, he stated that USELESS has become one of the highest-trading-volume Meme coins on the Solana chain and continues to believe it has the potential to become the core Meme coin of this cycle.

Data shows that BonkGuy's current USELESS position is valued at approximately $2.8868 million, with a cumulative investment of about $878,300, resulting in a floating profit of roughly $2.0491 million, representing a return rate of approximately 233%.