Coinbase Lists Useless Coin, Driving 51% 24-Hour Gain

Useless Coin surged following Binance listing and Coinbase roadmap addition, with trading volume and social interest spiking amid community-driven memecoin enthusiasm.

Summary

Useless Coin (USELESS) surged 52% in one day, rising from $0.19 to $0.33 after becoming the first memecoin from LetsBONKfun to be listed on Binance. Kraken quickly followed with a listing, and Coinbase added the token to its roadmap, expanding visibility to US markets. Social interest grew 42% over 30 days, adding about 9,700 new followers. Trading volume hit $420 million—1.5 times its market cap—amid a 300% activity increase. On decentralized exchanges, USELESS topped netflow rankings. Technical indicators signaled high volatility with support around $0.27 and resistance near $0.33.

Terms & Concepts
  • Market Capitalization: The total value of a cryptocurrency's circulating supply, calculated by multiplying the current price with the number of tokens in circulation.
  • Roadmap: A strategic outline from a cryptocurrency exchange detailing upcoming project milestones and listings.
  • Netflow: The net amount of funds moving in or out of an asset on exchanges, often used to gauge buying or selling pressure.