I said as much exactly one month ago: 'Almost every major memecoin this cycle has been born when the atmosphere in the trenches, or in crypto as a whole, seemed completely counterproductive to a major runner emerging. Many are saying that the odds of major new runners appearing from here are extremely low. But I think this exact kind of atmosphere is the perfect breeding ground for the next big one: a strong narrative that gets faded too long due to prevailing doomer sentiment—while a core community quietly forms and gains strength in anticipation of its breakout.' My statement above was referring to $USELESS coin. It was posted at a time when CT was coordinating a FUD and dump campaign against $USELESS, attempting to kill it. i.e., on its way down to a 90% correction and a $4.5 million market cap, where many thought it was dead for good. That was just before its recent 'sudden' 2,500% rally to a $113 million market cap ATH yesterday—in just two weeks! Recent events have significantly increased my conviction that $USELESS is the next major blue-chip memecoin runner to watch. It has better memetics than several billion-dollar market cap memecoins. It's built a cult community through adversity, as CT spent a crazy amount of time denouncing and dumping it 90% just before its mega run. The FUD and sell pressure were so bad that all the usual tourists got sidelined and now hold no tokens to dump as it continues making new ATHs daily. Now they’re either ignoring it or actively hating on it and campaigning against it. I've seen this exact sentiment play out with almost every major breakout memecoin before it gained mainstream acceptance. I was on the other side of it with $PEPE when it first launched: I was sidelined for weeks, just coping and watching as it kept hitting new ATHs. I thought it was too expensive at $20m… then at $50m… then at $100m… then $300m. I faded every dip... until it was suddenly in the billions! I'm getting similar vibes from USELESS coin. This is a multi-billion dollar narrative, given the right market conditions.
It still amazes me that after more than a year of memecoin mania, people still choose to either hate or stay silent about the coins they didn’t catch. Right now, the memecoin environment is dry AF. It’s nothing like the early days, no one wants to build a cult around a coin anymore. Floors that used to sit at $5M are now at $150K. It’s full-on PVP, and everyone’s just trying to dump before the next guy. Take $USELESS as an example: it got so much hate for being “cabal” or whatever dumb excuse people threw around. Yet it did a clean 20x from the bottom. A level where literally everyone could’ve bought in while @theunipcs and @LexaproTrader were still calling it a good opportunity. But because ct didn’t ape in early, no one cheers for it. And that’s the problem. It’s crazy that after a full year of memecoins dominating the market, people still don’t get it: when the environment feels dead and hopeless, that’s exactly when you need to support the runners. Why? Because that’s what brings belief back. That’s what revives the momentum. That’s what takes targets higher again. When we praise these moves, the entire ecosystem benefits. More engagement, more trust, more risk-taking. That’s what fuels the next wave. Like one of the legends once said: Respect the pump.
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