Market Sentiment & Performance - $USELESS, despite its name, exhibits significant on-chain activity, indicating its relevance in the meme token space [1] - Among the top 10 $SOL meme tokens based on 6-hour DEX volume, $USELESS ranks 3 in netflows and 1 in volume efficiency [1] - Volume efficiency, measured as Volume/Market Cap, suggests stronger market sentiment, reflecting trader confidence relative to the token's size [1] Meme Token Dynamics - Meme tokens, even with seemingly trivial names, can reflect genuine market dynamics and community engagement [2] - $USELESS's outperformance highlights that sentiment is driven by community, meme culture, and collective participation, rather than fundamental value [2] - Decentralized markets often use such tokens as sentiment indicators, gauging trader belief in the meme's staying power or cultural relevance [2]