Useless Coin has re-entered the spotlight after a sharp recovery that contrasts with earlier claims that memecoins had permanently lost relevance.
Following a steep October drawdown that pushed its market capitalization from roughly $400 million to near $50 million, the token has since rebounded into the $100 to $120 million range.
This move represents an approximate 2x recovery in a relatively short period and has unfolded alongside improving conditions across the broader crypto market.
Bitcoin trading near the mid $90,000 range has helped restore risk appetite, while capital has begun rotating back into higher beta segments.
Within that environment, meme coins have once again started to attract attention, and $USELESS has emerged as one of the clearer beneficiaries of that shift.
The recent performance of Useless Coin cannot be viewed in isolation. The broader market has transitioned from a defensive posture to one where traders are more willing to take risk.
Bitcoin strength has historically acted as a catalyst for speculative assets, and the current cycle appears no different. As confidence has returned, meme coins have begun to outperform more conservative segments of the market.
$USELESS, in particular, has demonstrated amplified price behavior. Over the past week, the token has gained nearly 90%, with an additional 7% increase recorded today, reinforcing its reputation for aggressive moves in both directions.
This volatility profile is typical of meme coins, but it also explains why they tend to draw attention quickly once momentum turns positive.
Commentary from @theunipcs highlights a key dynamic shaping this phase of the market. Earlier narratives suggested that only revenue driven utility tokens would thrive, while meme coins were dismissed as remnants of a prior cycle. Recent performance has challenged that view.
According to this perspective, the current cycle is not being driven by discounted cash flow models or long term revenue projections. Instead, attention, reflexivity, and positioning are playing a dominant role.
$USELESS stands out because it does not attempt to justify value through utility claims. Its branding openly embraces the speculative nature of the asset, which has resonated in an environment where traders are prioritizing momentum and visibility.
This has created a notable divergence. While many utility focused tokens remain underwater, $USELESS has managed to outperform, not despite its lack of traditional fundamentals, but because it aligns more closely with prevailing market behavior.
Technical observations shared by Altcoin Sherpa help explain why USELESS remains firmly on traders’ watchlists. His chart shows price consolidating just beneath a clearly defined resistance zone, with recent candles pressing into the upper boundary following a strong recovery.
The area around $0.13 stands out as an immediate technical and psychological hurdle. Price is currently testing this zone after pushing through prior highs, making it a natural point where short-term supply may emerge. How USELESS behaves here is likely to shape near-term direction.
On the downside, the former resistance near $0.124 has begun to act as support. Holding above this level would confirm a classic break-and-retest structure, reinforcing the idea that buyers are absorbing sell pressure rather than exiting positions.
This flip zone is particularly important for maintaining short-term bullish momentum. Further below, the $0.107 region represents a key medium-term support level. A sustained move below this area would signal a loss of structure and weaken the broader recovery narrative.
Deeper support sits near $0.088, corresponding to the previous peak prior to the breakout. A revisit of that level would likely require a broader market breakdown rather than isolated weakness in USELESS.
While $USELESS demonstrates how speculative tokens can quickly capture attention during bullish market cycles, the broader crypto landscape is also seeing the rise of projects that combine growth potential with practical applications.
Investors who are familiar with meme coin volatility may be drawn to assets that offer both opportunity and utility.
Bitcoin Hyper is a Layer-2 solution that enhances Bitcoin by enabling faster, cheaper, and more efficient transactions through a bridge to the Bitcoin mainnet, issuing wrapped Bitcoin on its Layer-2 network to bypass congestion and high fees.
Beyond simple transfers, Bitcoin Hyper introduces smart contracts and decentralized applications the Solana Virtual Machine, allowing developers to build complex protocols on Bitcoin in ways previously reserved for other ecosystems.
HYPER tokens power the network for gas, staking, and governance, creating a functional economy that extends beyond speculation.
For investors familiar with the rapid gains and volatility of meme coins like $USELESS, Bitcoin Hyper stands out as a best crypto to buy now, offering a mix of innovation, Bitcoin-level security, staking rewards, and access to the expanding Layer-2 ecosystem.
By bridging speculative assets and functional infrastructure, investors can balance short-term momentum plays with exposure to emerging technology, while participating safely in the presale and staking programs using non-custodial wallets like Best Wallet, always ensuring they rely on verified official sources in a space increasingly targeted by scams.
Stay up to date on the latest project developments by following their X account and joining their Telegram community.
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