TREND News & Signals

news7h agonews

Another #1 for Ondo.

USDY now leads the tokenized U.S. Treasury market, surpassing $2.37B in total value.

With over 19,500 holders across 10+ blockchains, USDY sets the standard for permissionless, institutional-grade tokenization.

Unlike traditional Treasury products, USDY is designed to move across wallets and participate in onchain markets.

USDY reflects a broader trend. Tokenization is making traditional financial assets more useful, opening up new opportunities across finance.

Billions onchain. Trillions to come.

72/100·B+Long+2

news10h agonews

The next major financial market for AI is the price of compute. Today, Injective is officially releasing the Super Intelligence Compute Index ($SICI), bringing a new financial primitive to the onchain AI economy. For the first time on Injective, traders can access a diversified index of @nvidia GPU rental prices through perpetuals with up to 10x leverage. We also plan to introduce a brand new financial primitive to access $SICI in the coming days. 🟪 A New Onchain Market for the Agentic Economy Trillions are set to be invested into AI infrastructure. From frontier model training to autonomous agents and inference, demand for compute is becoming one of the defining forces shaping the AI industry. This trend is only accelerating with giants like @OpenAI and @AnthropicAI surging in demand. Yet financial markets for compute remain largely underdeveloped, with rental prices fragmented across cloud providers and hardware generations. $SICI changes that. SICI brings five NVIDIA GPU rental rates together into a single onchain benchmark. The index consists of the following: → H100 (Industry standard for AI training): 40% → B200 (Next-generation AI training and inference): 25% → H200 (High-memory AI training and inference): 15% → A100 (Fine-tuning and AI inference): 10% → RTX 4090 (Consumer GPU for affordable AI inference): 10% Using hourly compute marketplace data, SICI creates a novel way to access and trade the economics of AI infrastructure. 🌏 Injective is building the onchain financial markets of tomorrow Injective pioneered the first onchain H100 rental market, launched the $AIX index, and introduced pre-IPO perpetuals for companies including OpenAI, @SpaceX and Anthropic. $SICI takes this vision further. First, Injective brought market exposure to the companies building the future of AI onchain. Now, we're bringing the cost of the infrastructure powering them onchain too. And we will soon be launching entirely new financial primitives to access the onchain agentic economy. The AI economy is creating entirely new asset classes. Injective is building the financial markets to access them for the first time onchain.

72/100·B+Long+16

news11h agonews

i am bearish btc/eth & large cap stocks believe btc & eth have broken mid timeframe trend and will continue to accelerate to downside under 82k/2400

dont think the average retail speculator is going to slow down tho, Q4 is going to have a lot of volatility for traders in both directions & believe pockets of onchain will do well

headline risk is also very real and continues to impact markets, this week specifically we have fomc + lot of important earnings releases

technicals am bearish bc ai momo stocks look like parabolic blowoff top into following lower high and loss of trend, even mags stalling at ATHs, the breakout on Qs that looked great a few weeks ago has played out as a deviation above the highs

as it stands ai generally feels like there is a lot more uncertainty on where the next growth of revenues is going to come from, sofar we have had a ton of capex spending on investing in training these models across the board so believe investors will want to see how that impacts companies bottom line meaningfully, meta selloff post earnings last week is good indi, that combined with concerns around current state of models also breaking hella security across the internet is not great - am not bearish on extended timeframe just believe pullback before continuation higher(Historical earnings: For fiscal 2026Q2 (period ended 2026-06-30), Meta Platforms reported basic EPS of 16.79, diluted EPS of 16.62, net income of USD 42.621 billion, and revenue of USD 117.111 billion. Consensus expectations: For fiscal 2026Q4 (event date 2027-01-26), consensus expects EPS of 8.278 and revenue of USD 73.742 billion.)

35/100·CShort+3

news12h agonews

U.S. ECONOMIC GROWTH REBOUNDS IN SEPTEMBER

The Chicago Fed National Activity Index rose to +0.07 from -0.08, signaling growth slightly above its historical trend.

Production strengthened, while employment remained flat and consumer spending and housing weakened.

The key takeaway: U.S. growth remains resilient despite mixed economic signals.

55/100·BLong+1

twitter10/25meme

NEW: Iran has, in recent minutes, launched multiple missiles and drones against vessels attempting to cross the Strait of Hormuz along the Omani Route. While this in and of itself is not terribly significant, it comes just a mere two days since Iran released the following statement through the IRGC: “The insistence of the American arrogant regime on provoking vessels to pass through the illegally mined strait has been increasing maritime incidents day by day. The aggressive American military must know that if this trend continues, the scope of the response will extend to the aggressors' bases in the region. This is a serious warning.” Clearly, the United States is not heeding this warning from Iran, so now it is certainly worth monitoring what, if any, Iranian escalation will be from what is obviously attempted vessel transits through Hormuz. Retweeted by @staunovo from @BrettErickson28

82/100·ALong+1

meme10/25meme

Zcash ETFs buck the trend with $41.1M inflows while Bitcoin funds bleed $500M. $ZEC $BTC #Crypto Is this a rotation? 📉📈 https://thecurrencyanalytics.com/altcoins/zcash-etf-inflows-bitcoin-funds-bleed-306138 Retweeted by @BarrySilbert

72/100·B+Short

news10/24news

PROM: August and September Recap Two months, two feeds, and not a word from us in either direction. Fixing that now. We know a recap for August and September is late in October. We are not going to invent a reason for that. The months where the most gets done are exactly the months where nobody stops to write anything down. 𝗧𝗛𝗘 𝗠𝗔𝗥𝗞𝗘𝗧 𝗠𝗢𝗩𝗘𝗗 𝗙𝗜𝗥𝗦𝗧 In August, the price rose roughly fourfold, from about $1.63 at the start of the month to $6.45 at the end, peaking near $6.94 on August 30. The listing on Bithumb's KRW market on August 24 reinforced an existing trend: the sharp move began around August 12, and the listing landed in the middle of it and pushed it further. September is the part we find more interesting. The price did not give the level back. The month closed around $5.96, which is below the peak and well above where August started. A fading spike is a reaction to news. A level that holds for a month is a re-rating. We won't pretend we know exactly why the market decided that. What we can tell you is what was being built underneath it, because all of it is public and none of it was announced. 𝗪𝗛𝗔𝗧 𝗧𝗛𝗘 𝗧𝗪𝗢 𝗠𝗢𝗡𝗧𝗛𝗦 𝗟𝗢𝗢𝗞 𝗟𝗜𝗞𝗘 83 commits across three services. 45 in August, 38 in September. Three developers. Twelve partnership announcements. One exchange listing. Nine Solidity contracts, built and tested with Foundry, two of the three services with their contracts deployed and verified on-chain. Two feeds carried it all: the repositories and the announcements channel. Neither of them is a place where we explain ourselves, so two months went by without a summary. 𝗔𝗨𝗚𝗨𝗦𝗧: 𝗦𝗘𝗖𝗨𝗥𝗜𝗧𝗬, 𝗔𝗡𝗗 𝗚𝗘𝗧𝗧𝗜𝗡𝗚 𝗢𝗡𝗧𝗢 𝗔 𝗖𝗛𝗔𝗜𝗡 In August, the project stopped being three services on a developer's machine. The Agent Layer took the whole security layer in one go. A JWT guard with a strategy and a public route decorator, refresh token rotation backed by a revocation list, scrypt hashing with constant-time comparison. Then API keys on top, because an agent calling another agent won't sit through an interactive login, and machine-to-machine traffic needs its own credential. Roles for agents, operators, and admins. Rate limiting that knows to skip the health endpoint. An input sanitization pipe that parses DIDs and Ethereum addresses instead of trusting whatever arrives in the field. CSRF middleware, security headers, an audit log for every mutating operation, and a written threat model rather than one carried around in somebody's head. One commit in that batch matters more than the rest. We now reject agent registration when the DID controller is unverified. An identity layer that accepts identities it cannot verify is not an identity layer. The Verification Network spent August moving onto a real chain, on our internal network. We deployed the verifier and dispute registries with deployment scripts, an address registry loaded per network so nothing is hardcoded, contracts verified on the explorer, and a deployment document with addresses and a rollback path. That is where a chain stops being a diagram. Verdict finalization became reorg-safe behind a block-confirmation policy, so a verdict isn't treated as final until the chain agrees it happened. Nonce collisions got handled, because verdicts will arrive at the same moment. Receipts are polled with a timeout and backoff instead of being waited on optimistically. A test runs the whole verdict flow against a fork of that network, and dispute escalation has end to end coverage. Payment Rail spent August on instrumentation and the beginning of a pipeline: escrow and stream gauges with per chain labels, alert thresholds with on call routing, and the first half of a CI setup. 𝗦𝗘𝗣𝗧𝗘𝗠𝗕𝗘𝗥: 𝗧𝗛𝗘 𝗣𝗜𝗣𝗘𝗟𝗜𝗡𝗘 𝗔𝗡𝗗 𝗧𝗛𝗘 𝗣𝗥𝗢𝗧𝗢𝗖𝗢𝗟 September split cleanly in two. Half of it went into making the work repeatable, and half into making the protocol do something new. Payment Rail finished its pipeline. Lint, build and unit tests on every pull request. A Postgres service container so the end-to-end suite runs inside the pipeline rather than on somebody's laptop. Contract tests with Foundry on every pull request. A coverage summary that fails below a threshold. A multi-stage production image with a non-root runtime, pushed to the registry only after a vulnerability scan. A staging deploy on every merge to main. Semantic release tagging, Dependabot, and commit message enforcement. There was also one day in September that was eleven commits of pure repair, and we would rather say so than quietly squash it. An eslint config and the fixes for everything it surfaced. An import that had to be a default import before the e2e suites would compile. A scanner action version that actually exists. Endpoints returning the status code they were supposed to return. A rate limit exemption that had only appeared to be an exemption. Nothing there is interesting on its own. Together it is the difference between a pipeline that is green and a pipeline that is green for a reason. Then the protocol work, which is the part we are most pleased with. Payment Rail went multichain. There is now a chain registry holding per-network confirmation requirements and gas policy; the blockchain service sits behind a chain-agnostic provider instead of assuming one network, and escrow addressing carries the chain ID inside the session key. And streaming moved to v2. Accrual is per second, with checkpoint claims rather than one settlement at the end. A stream can be topped up while it runs. A rate can be changed mid-flight, with the already accrued amount prorated correctly rather than recalculated from the new rate. That last one sounds small, but it isn't: it is the difference between a payment stream you can renegotiate and one you have to tear down and rebuild. The accrual logic is covered by property tests against a reference model, because arithmetic that runs every second is arithmetic you do not want to be approximately right. The Verification Network closed out observability over teh same weeks: structured logs with correlation ids, Prometheus metrics, per controller latency histograms, gauges for validators, jobs and disputes, tracing that follows a request through the blockchain calls, dashboards, alert rules for verdict backlog and dispute rate, and a load profile. Load testing is useful mainly because it shows where you were wrong, and it did: the N+1 queries in job listing and validator lookups are gone. The Agent Layer followed the Verification Network onto the chain, with the same reorg safe confirmations, the same nonce handling, and end to end coverage for pricing updates and metering. 𝗧𝗪𝗘𝗟𝗩𝗘 𝗣𝗔𝗥𝗧𝗡𝗘𝗥𝗦𝗛𝗜𝗣𝗦, 𝗔𝗡𝗗 𝗧𝗛𝗘𝗬 𝗔𝗥𝗘 𝗡𝗢𝗧 𝗔 𝗖𝗢𝗟𝗟𝗘𝗖𝗧𝗜𝗢𝗡 Three announcements in August, nine in September. PoPP builds identity out of on-chain behaviour. Quack AI builds governance, policy and mandates for agents. ARO Network and Cottonia AI supply capacity, edge nodes and distributed compute. HiiT World runs a real-time market for signals, Astrix prices probabilities through prediction markets. Axiomos signs AI-generated content at the moment of creation, Mintellect AI brings patents and intellectual property on chain. Noma Network lends to agents themselves rather than to the people who own them. Alphio AI turns stated intent into executed trades. Noos Protocol builds agent infrastructure and an ecosystem around it. Qitmeer works on L1 throughput and settlement finality. Read the list again and a pattern shows up. Every one of them answers a question an agent has to answer before it can act: who can be trusted, what am I allowed to do, where do I run, what do I act on, how do I prove what I made, what do I start with. And every one of those answers currently stops short of money. Identity says who is trustworthy and nothing happens. Provenance says where something came from and nothing happens. A probability resolves and somebody reconciles it by hand. That is the shape of the gap we keep writing about, and it is why these particular categories and not a pile of AI logos. How we choose, in what order, and what is still missing from that map is a longer conversation than a recap can hold. We are writing it as a separate article. 𝗪𝗛𝗘𝗥𝗘 𝗧𝗛𝗜𝗦 𝗪𝗔𝗦 𝗔𝗧 𝗧𝗛𝗘 𝗘𝗡𝗗 𝗢𝗙 𝗦𝗘𝗣𝗧𝗘𝗠𝗕𝗘𝗥 All three services had their foundation, hardening and security phases behind them. Two of the three had contracts deployed and verified on-chain. One had a green pipeline deploying to staging on every merge. One thing we want to be precise about, because it's easy to oversell. The network those contracts run on is ours and it is internal. A testnet is something else: a testnet is when anyone can come and try it, which puts it one step away from production. We are not there yet. When we are, you will not have to work it out from a commit log. In late September, the commits slowed down, and that was deliberate. What was left was not a feature list. It was a set of questions that get answered once or get rewritten later: what a single settlement costs when there are a million of them, what counts exactly once when the service and the chain disagree, who pays which fee, what happens when a task is canceled halfway, and how to keep validators from agreeing with each other for the wrong reasons. That is where September ended. The next recap picks it up from there, and it will not take two months to arrive. Everything above is public as it lands. github.com/prom-io🚀

20/100·CNeutral+6

meme10/24meme

@LordOfAlts OMC and two megacap earnings on the same day is wild. Reply to @LordOfAlts: 🚨 THE NEXT 10 DAYS COULD BE VERY VOLATILE FOR CRYPTO. The crypto market is fighting to hold key support. Other asset classes are under pressure, inflation remains high, and oil is trading above $100, yet crypto is still holding up. Now, look at what's coming: • Oct 27: Israel Election • Oct 28: FOMC Meeting • Oct 28: Google and Meta Earnings • Oct 29: Amazon and Apple Earnings • Nov 03: US Midterm Elections Any one of these events could move the market sharply in either direction. Key levels to watch: • Bitcoin: $80,000, then $76,000 • ETH: $2,350 • Altcoin Market Cap: $214 billion Bitcoin has already lost its 50-day moving average. If BTC breaks below $80,000, selling pressure could increase, potentially sending the price toward $76,000. Avoid using high leverage over the next 10 days. A single headline could change market direction in seconds. If you're a spot buyer, start identifying the altcoins you want to accumulate and keep some cash ready. Wait for potential panic-driven opportunities. This doesn't mean you should sell here. It means being prepared to buy more when others are fearful. Bitcoin's broader bull trend remains intact as long as it holds the weekly 50-day moving average, currently near $76,100.(Historical earnings: For 2026Q2 (period ended 2026-03-28), Apple reported basic EPS of 4.87, diluted EPS of 4.85, and net income of USD 71.675 billion. Prior-year 2025Q2 showed basic EPS of 4.06, diluted EPS of 4.05, and net income of USD 61.110 billion. For 2026Q1 (period ended 2025-12-27), basic EPS was 2.85, diluted EPS 2.84, and net income USD 42.097 billion, versus prior-year 2025Q1 basic EPS of 2.41, diluted EPS of 2.4, and net income of USD 36.330 billion. Consensus expectations: For 2026Q4 (event date 2026-11-02), consensus expects EPS of 1.9782 and revenue of USD 113.357 billion.)

25/100·CNeutral+10

news10/23news

Crypto News - 23 October 2026 The Office of the Comptroller of the Currency issued final regulations on October 21 implementing the GENIUS Act for payment stablecoins under its supervision. The rules cover reserve backing, redemptions, custody, risk management, audits and the approval process for eligible issuers, including banks and certain nonbank firms. They take effect on January 18, 2027, alongside the law itself. Separate rulemaking will address anti-money-laundering and sanctions requirements, so implementation work is not yet complete. For banks, payment companies and consumers, the decision provides a clearer federal framework for issuing and using regulated dollar-backed tokens. Crypto Sentiment Falls Back to Neutral as ETF Flows Reverse Crypto market sentiment cooled sharply this week, with Alternative.me's Fear & Greed Index falling to 50, or Neutral, on October 23, compared with 68 a day earlier, 63 a week earlier and 71 a month earlier. U.S. spot Bitcoin ETFs attracted more than $1.07 billion from Monday through Wednesday, helped by strong buying in BlackRock's IBIT. That momentum reversed Thursday, when the funds recorded $635.6 million in net withdrawals, led by IBIT and Fidelity's FBTC. The four-day balance remained positive at $439.1 million, but the reversal highlighted uncertain investor appetite. The sentiment reading reflects a more cautious market mood. Banks Expand Stablecoin Payments Across Asia Asia's regulated digital-money push gained momentum on October 23 as HSBC launched RedCoin, a Hong Kong dollar stablecoin for its PayMe payments platform. Users are expected to gain in-app stablecoin wallets in the coming days, enabling person-to-person transfers and payments across PayMe's merchant network. Separately, Singapore's central bank announced that Malaysia and Thailand's central banks had joined its BLOOM initiative to explore cross-border settlement using regulated stablecoins and tokenized deposits. The expanded project includes Ripple, Visa, Mastercard and financial institutions. Together, the announcements show banks and payment networks exploring digital money for everyday commerce and international transfers. U.S. spot Bitcoin ETFs opened Monday with $526.7 million in net inflows, driven by $665.2 million entering BlackRock's IBIT, despite outflows from Fidelity's FBTC ($83.6 million) and Grayscale's GBTC ($54.9 million). Tuesday saw inflows slow to $23.2 million, led by IBIT ($29.9 million), while Bitwise's BITB recorded $10.3 million in outflows. Wednesday brought another strong session with $524.8 million in net inflows, supported by IBIT ($235.0 million), FBTC ($212.7 million) and GBTC ($32.6 million). Thursday reversed the trend sharply with $635.6 million in net outflows, driven by IBIT ($254.1 million), FBTC ($217.5 million) and ARKB ($109.4 million). Overall, Bitcoin ETFs recorded approximately $439.1 million in net inflows from Monday through Thursday, despite substantial selling pressure late in the week. Friday's figures remain incomplete and are awaiting final issuer reporting, including IBIT. U.S. spot Ethereum ETFs opened Monday with $103.3 million in net outflows, led by BlackRock's ETHA ($95.4 million), Fidelity's FETH ($6.0 million) and ETHIE ($1.9 million). Tuesday extended the decline with another $26.1 million in net outflows, as ETHA shed $33.0 million, partly offset by inflows into FETH ($3.6 million) and Grayscale's ETH fund ($3.3 million). Wednesday brought a brief reversal with $14.9 million in net inflows, supported by Grayscale's ETH fund ($28.1 million) and FETH ($13.0 million), despite $29.3 million leaving ETHA. Thursday saw renewed selling pressure with $110.6 million in net outflows, driven by ETHA ($75.5 million), ETHB ($17.2 million), Grayscale's ETH fund ($10.7 million) and ETHIE ($9.6 million). Overall, Ethereum ETFs recorded approximately $225.1 million in net outflows from Monday through Thursday, reflecting persistent institutional selling pressure despite Wednesday's modest recovery. Friday's figures remain incomplete and are awaiting final issuer reporting, including ETHA. Metal DAO (MTL) led the 13 tracked cryptocurrencies this week with a 3.0% seven-day gain, outperforming a broadly weaker market. XRP followed with a 0.7% increase, while Solana managed a modest 0.4% advance, making these the only three tokens in positive territory. Bitcoin (-0.2%) and Ethereum (-0.4%) held relatively steady, while Dogecoin (-1.1%), Stellar (-2.4%) and Litecoin (-2.6%) posted moderate declines. Losses were more pronounced among smaller tokens, including Metal Blockchain (-6.4%), XPR Network (-13.4%) and LOAN Protocol (-14.4%). The results highlight selective resilience as broader crypto market sentiment weakened.

72/100·B+Long+22

meme10/23meme

Headlines say the Fed is injecting $3.65 billion into the economy today. Look closer. The Fed holds mortgage bonds, and as homeowners pay them off, it gets that money back and puts it into short-term government debt. One asset swapped for another, so the balance sheet stays the same size. It’s not new stimulus. The bigger signals: the Fed has stopped shrinking its balance sheet, almost no cash is parked at the Fed overnight, and liquidity in the system is roughly $70 billion higher than a year ago. The next big moment is the Fed’s rate decision on October 28. What are you watching more, the rate call or the liquidity trend?

35/100·CLong

twitter10/20meme

quote: Gitcoin has always been oriented around the mission: Fund What Matters. Historically, that’s meant open source software – $69m in funding distributed over the last 9 years 💚 Our next chapter will bring this mission home. To the places we live, the people we belong to, and the real life right in front of us – all built on community-owned rails to keep power in people’s hands. Crypto showed us that, with the right tools, communities can fund their own future. We think it’s time to bring those tools to Main Street. Private alpha is live, and we’re holding a seat for you. Read more from @owocki below. | theres been a sudden wave of interest in where @gitcoin is headed. but have we earned it? i worry about the hype getting out ahead of fundamentals, so where things actually stand. we are building techne: an everything app for localism. the first pieces are small, and over time we expect it to grow into local commerce, local funding, local events, and whatever else a town needs to coordinate itself. this represents our most serious attempt to date to go mainstream. if we are successful, we bring our mission (Fund What Matters) and impact ($69m funding via 5mm txns) to everyday people. if we are successful, your nocoiner friends will be using our app. the bet: if enough of a community's daily life runs on shared rails, you get network effects that bootstrap a local commons, and the money moving through it stays in town longer. (today a lot of it leaks out to platforms skimming 15-30% off every transaction.) where things stand: 1. one of the applets is live in private alpha. it's in a small group's hands and it's rough in the ways alphas are rough. 2. we've got an sdk in private alpha too, so other builders could eventually ship their own local applets on the same rails. (builders: help build it!). 3. the other applets are very early. if you're waiting on one of them, expect to wait a while (builders: unless you want to help us build it!). 4. nothing has changed with GTC. it's still a governance token with no claim on economics, and nothing in this plan changes that. Allo Protocol and Grants Stack (our last gen products) are still wound down (but protocols live on on mainnet!). there are no plans for a new token. (governerds: proposals welcome). 5. beacon (the first app) helps you meetup with friends locally ran its first in-person test: 10 of roughly 15 invitees showed up in bad weather, we have 8 engaged beta testers, and 5 people reported a new connection. promising pilot, way too small to conclude anything from. (alpha testers wanted!). 6. buoy (the second app) helps you fund locally is targeting november. this will be a test of a simmilar magnitude of the beacon first test. (alpha testers wanted!). 7. we will continue to scale product - this means rolling out apps and pilots. if/when the trend is bigly up and to the right, and the final everything app slaps, we ship it and we do a big splashy launch around it. (beta testers wanted!). 8. we're setting up a 501(c)(3) and aiming to raise $$ from mainstream grants and mains donors eventually. this may also mean that future fundraising on our platforms will be tax-exempt in the US! 9. we're moving fast on product because the window on localism is open right now, the tools to rebuild enshittified technofeudalist corposlop SAAS products into something better are available now, and people are feeling the squeeze of ai displacement and platform rent in their actual towns. 10. this is my personal interpretation, not a decision by gitcoin governance, and not financial advice. dates are targets, not commitments, and all of it may change as we learn. this post may contain estimates, may contain errors, and is provided on a best-effort basis. DYOR, make your own decisions. 11. if you think im doing it wrong, REeEEeeeE at my in the comments. 12. if you think im doing it wrong, and constructively/earnestly want to help right the ship, @ me on https://t.co/SX3YgTxtlj - make sure you tag the transition stewards (there are a half dozen of them, and they're here to hold all of us accountable to a new direction!) tldr 1. what we care about is people using this stuff where they live. the 1st private alpha is live but that number is small today. 2. if you want to help, the most useful thing you can do is fill out this form and start contributing: https://t.co/oxQFyUrHfq 3. lets not get ahead of ourselves. 4. yall shouldve heeded the words of @VitalikButerin in 2017 and you should heed mine today - ask yourself "have we earned it?"

35/100·CLong+2

news10/20news

i posted the following in response to someone in a small group chat about recent $USELESS 'weakness' and figured i should post on X too:

yeh i see what you mean, and agree that $USELESS has been quite weak recently

but here's what i've noticed about $USELESS:

it tends to be aggressively volatile in BOTH directions

when it pumps, it does so aggressively and outperforms everything by a wide margin

when it dumps, it does that with the same intensity

i actually think this is one of its biggest strengths, not a weakness

volatility is a trader's dream. it drives the volume and attention that make a memecoin sticky and help it reach new ATHs

that said, everything depends on your timeframe

if you're looking at the past few weeks or the past month, then yes, $USELESS has underperformed and is down over 50%

but look at YTD, 10/10 to date, 3-6 months, or any other meaningful timeframe, and it has outperformed every other established memecoin

and here's the funny thing about $USELESS:

it has a habit of looking incredibly weak, only to come out of nowhere and aggressively outperform everything on a monster rally that leaves people trying to time the bottom completely sidelined

we've seen this play out repeatedly

• i remember when $USELESS was around $30m-$50m while $CASHCAT was ripping to $200m. everyone was mocking USELESS, calling CASHCAT the cycle meme and telling people to sell USELESS

shortly after, USELESS ripped from $30m to $350m in a matter of weeks

today, CASHCAT is around $100m while USELESS is around $140m despite all the talk about USELESS being 'weak'

• replace CASHCAT with $AI or $ANSEM, and it's the same story

• i also remember everyone fudding USELESS against $FARTCOIN when USELESS was at $30m and FARTCOIN was at $180m-$200m

they called USELESS boring and unfunny, argued FARTCOIN was better value, and told people to sell USELESS at 30m and buy FARTCOIN at 180m

shortly after, USELESS came out of nowhere and flipped FARTCOIN and also WIF, BONK, etc for a while

$USELESS has consistently outperformed established memecoins since $TRUMP, as well as the newer cycle memes people have repeatedly favored over it

and die-hard $USELESS loyalists instinctively understand why:

every other memecoin is USELESS, and liquidity will eventually flow to the king of them all:

$USELESS

of course, we should also remember that USELESS literally just pulled off a 10x in around 5 weeks, going from around $35m to $350m between August 12 and September 23

a pullback after a move like that isn't unreasonable, especially with these market conditions. some would even argue it's healthy, as much as i'd love to see it go straight up forever

i'll also admit that hyper-optimistic $USELESS bullievers like myself can get carried away

sometimes we're still hyperbullish in the short term even after the short-term trend has flipped

but that doesn't automatically change the long-term thesis

short term, mid term, or long term, USELESS has repeatedly established itself as THE memecoin to pay attention to heading into the new cycle

since its launch, it has challenged virtually every ceiling people thought was possible for a memecoin in this era:

• the only memecoin to reach $450m+ market cap post $TRUMP / $MELANIA in any meaningful fashion, and we're almost two years on

• the only established memecoin to outperform $BTC and its chain's native currency this year

• one of the only memecoins to come close to its previous ATH in a meaningful way after an aggressive pullback in almost two years

so yes, USELESS can show more weakness when the market looks bad

sometimes, it even frontruns the market when weakness starts to appear

but whenever the market starts trending up, USELESS has repeatedly demonstrated that it can bounce back harder and faster than almost anything else

if you believe the bull run is imminent, i'd be looking to aggressively buy or hold $USELESS 'weakness'

if you think we're done for the foreseeable future, well, you probably shouldn't be listening to me haha 😅

10/100·CNeutral+13

news10/19news

Some 85% of Republicans approve of Trump's performance, virtually unchanged from earlier @AJC polls since he recaptured the White House. It’s a familiar trend in Georgia, a state Trump has twice carried while stoking bitter internal GOP divisions. #gapol https://www.ajc.com/politics/2026/10/poll-trump-iran-war-brian-kemp/

5/100·CNeutral