{"id":3627,"date":"2025-06-21T13:46:25","date_gmt":"2025-06-21T13:46:25","guid":{"rendered":"https:\/\/bitunikey.com\/news\/useless-coin-price-surges-as-smart-money-investors-buy\/"},"modified":"2025-06-21T13:46:31","modified_gmt":"2025-06-21T13:46:31","slug":"useless-coin-price-surges-as-smart-money-investors-buy","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/useless-coin-price-surges-as-smart-money-investors-buy\/","title":{"rendered":"Useless Coin price surges as smart money investors buy"},"content":{"rendered":"
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Useless Coin has emerged as a surprising outlier in a bearish crypto landscape, surging over 1,700% in June even as broader Solana meme coins and blue-chip tokens like Bitcoin retreat. <\/p>\n

Powered by aggressive accumulation from smart money and whales, and supported by thinning exchange balances, the meme coin has hit a $100 million market cap and caught the attention of traders hunting for upside. While momentum indicators now flash caution, Useless Coin\u2019s rise underscores the unpredictable nature of meme-driven markets\u2014and the powerful role of investor sentiment.<\/p>\n

Useless Coin (USELESS) token jumped to a high of $0.1092 this week, up by over 1,750% from its lowest level in June.\u00a0<\/p>\n

Useless token price jumped even as the crypto market crashed, with Bitcoin (BTC) falling from a record high of $111,900 in May to $103,000. Most Solana (SOL) meme coins have dropped this month, with their market capitalization falling from over $15 billion earlier this month to $9 billion.\u00a0<\/p>\n

Nansen data shows that smart money investors have been buying the coin. Data shows that its smart money investors bought Useless tokens worth over $94,000 in the last 24 hours.<\/p>\n

<\/p>\n

These investors now hold over 14 million tokens, a 97% increase from the same period last month. Similarly, whales have increased their exposure by over 36% in the last 30 days to over 338 million.\u00a0<\/p>\n

<\/source><\/p>\n<\/picture>
Useless whale accumulation | Source: Nansen<\/figcaption><\/figure>\n

Smart money and whale accumulation is a good catalyst for an asset because it is a sign that they expect the price to keep going upwards. Further data shows that the exchange balances have crashed by over 16% in this period to 51.8 million.\u00a0<\/p>\n

Useless Coin price technical analysis<\/h2>\n
<\/source>
\n\"Useless\n<\/picture>
Useless chart | Source: TradingView<\/a><\/figcaption><\/figure>\n

The four-hour chart shows that the Useless token price has surged from a low of $0.005460 to a record high of $0.1095. It has formed an ascending channel and remained above the 50-period moving average.\u00a0<\/p>\n

The risk, however, is that there are signs that the momentum is ending. For example, the Average Directional Index has plunged from a record high of 70 to 20. The ADX is a popular indicator that measures the strength of a trend.\u00a0<\/p>\n

The MACD and the Relative Strength Index have also formed a bearish divergence pattern, pointing to a potential retreat.\u00a0Therefore, the coin may drop to the support at $0.50 as traders start to book profits.\u00a0\u00a0<\/p>\n

<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Useless Coin has emerged as a surprising outlier in a bearish crypto landscape, surging over 1,700% in June even as broader Solana meme coins and blue-chip tokens like Bitcoin retreat.…<\/p>\n","protected":false},"author":1,"featured_media":3628,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3627","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3627","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=3627"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3627\/revisions"}],"predecessor-version":[{"id":3629,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3627\/revisions\/3629"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/3628"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=3627"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=3627"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=3627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}