USELESS Coin Surges After Binance Listing, Eyes $0.40 Target
USELESS coin jumped over 50% in one day after Binance added the Solana-based memecoin to its spot listings. The listing drove daily trading volume above $420 million—1.5× its market cap—and lifted social followers by 42%, adding nearly 9,700 new users. Binance.US opened deposits and launched USELESS/USDT trading on August 14, while Kraken listed the token and Coinbase included it in its roadmap. Orderbook snapshots showed heavy buy-side orders before the announcement, raising insider‐buying concerns. On DEXs, USELESS led net inflows among the top ten coins, reflecting strong community demand. Technicals point to support at $0.27 and resistance at $0.33; a clear break above $0.33 could target $0.40. Further exchange listings and a vibrant community may sustain momentum as traders eye a possible altcoin season.
Bullish
The Binance listing and subsequent surge in USELESS coin volume and social engagement are clear bullish catalysts. High trading volume (over 1.5× market cap), strong orderbook demand, and growing liquidity on major exchanges signal robust short-term momentum. Technical support at $0.27 and potential breakout above $0.33 toward $0.40 suggest further upside. Longer term, additional listings on Kraken and Coinbase, easing U.S. regulations, and an active community underpin sustained growth and market confidence.