Market Dynamics - USELESS coin has experienced significant holder growth, with an additional 1,600 holders in 3 days, indicating strong market interest [1] - Smaller wallets are actively accumulating USELESS coin during dips, leading to better distribution, a positive sign for long-term success [1] - BonkFun eco is gaining traction as a Pumpfun contender, with USELESS coin having room for growth compared to top Pumpfun runners with market caps exceeding $1 billion [1] - USELESS is reportedly gaining popularity in China, suggesting it's becoming a global movement with the potential to be a multi-billion dollar memecoin [1] - Traditional finance (TradFi) players are starting to view USELESS as a Solana beta and a risk-on crypto bet [1] - Most of Crypto Twitter (CT) is sidelined on USELESS, despite its 5,800% rally in 3 weeks, indicating potential for further growth as more join [1] - USELESS continues to rank among the top 10 most traded assets on Solana [3] Holder Behavior - Core holders maintain their positions, demonstrating conviction despite market volatility [1] - Whales, smart money, and Key Opinion Leaders (KOLs) are gradually accumulating USELESS coin [2] Market Sentiment - The narrative surrounding USELESS coin is strong, with the coin being considered undervalued relative to other memecoins [3] - Impatient holders and panic sellers are being punished, as dips are becoming shallower due to increased demand [3]