Bitcoin

Massive Rebound After 50% Drop, Can It Break Its All-Time High?

After plunging nearly 50% just a day ago, Useless Coin has staged a remarkable rebound, regaining almost all of its losses within a single trading session.

At the time of writing, the token trades around $0.38, reclaiming a market cap of over $380 million after falling to nearly half that just days earlier.

This rapid recovery has drawn the attention of traders and investors, sparking speculation about whether Useless Coin can maintain its momentum and reach a new all-time high.

Source – Cryptonews YouTube Channel

Uselesstober Kicks Off as Useless Coin Climbs Past Major Meme Tokens

While most major meme coins have been struggling, Useless Coin has emerged as one of the top 20 meme tokens in the last 24 hours.

The Solana Post highlighted on X that it is among the top gainers, outpacing well-known names like Brett (Based), Turbo, and Mog Coin.

The community has already coined a name for this sudden rally, “Uselesstober.” With October heating up, the project’s resurgence seems to be fueled by both humor and momentum.

Backing from the Bonk Team Adds Fuel

Useless Coin’s connection to the Bonk ecosystem, often referred to as the Bonk Cabal, appears to be a major factor behind its surge.

Members of the Bonk team and related community accounts have actively engaged with Useless Coin’s social media posts, lending both visibility and legitimacy to the project.

This collaboration has given Useless Coin far greater exposure than the average meme token. As the community often jokes, “It’s useless to fade Useless.”

One of the project’s biggest strengths is its social media strategy. The official Useless Coin X account leans into absurd humor, poking fun at crypto culture while keeping engagement levels high.

At the same time, traders are starting to take its performance more seriously.

Analysts on X, such as @theunipcs, have compared Useless Coin’s chart to PEPE’s early growth curve, with some speculating that it could eventually reach a $1 billion market cap if momentum continues.

Still, caution remains key. The token’s price history includes multiple sharp corrections, and with a valuation above $330 million, its upside may be more limited compared to early-stage meme coins.

As always in the meme coin market, timing and risk management are critical.

Useless Coin (USELESS) Price Analysis

According to Cheds Trading on X, $USELESS is showing a strong V-shaped recovery, reinforcing a bullish outlook.

The token previously fell from around $0.40 to the $0.15-$0.16 range before surging back to reclaim the $0.30-$0.32 zone, printing a massive 60%+ green candle in a single day.

This rebound highlights intense buying pressure and renewed confidence from the market.

Cheds Trading also pointed out Useless Coin’s relative strength, while most cryptocurrencies moved sideways or declined, $USELESS emerged as one of the top gainers in the meme coin sector.

Rising trading volume during the rally, particularly in October, confirms that this move is backed by real demand, not a low-volume pump.

Technically, the token has breached key moving averages and is currently approaching the upper limit of its trading range.

If $USELESS can hold above $0.30 and consolidate, a breakout toward previous highs around $0.40 may follow, putting the token on track for a potential $1 billion valuation. For now, momentum clearly favors the bulls.

Pepenode: The Best High-Profit Meme Coin to Buy

The sudden rise of Useless Coin shows that meme coins still have the power to capture market attention, but some projects are pushing the concept even further, turning hype into interactive gameplay.

Pepenode is a new platform that transforms meme coins into a strategy-based game, where users build and manage virtual mining nodes, climb leaderboards, and optimize setups to maximize rewards.

Source – Pepenode via X

There’s no need for expensive rigs or high electricity costs; success depends on strategy and participation.

The Pepenode presale has already raised nearly $2 million, with the token priced around $0.0011005, making it one of the most affordable crypto presales under $1.

Early participants are well-positioned for potential upside once the token launches. Rewards extend beyond Pepenode tokens, players can also earn popular meme coins like PEPE and Fartcoin, combining entertainment with real earning potential.

Additionally, 70% of tokens spent on upgrades are burned, creating a deflationary supply, while staking rewards can reach up to 700% for active participants. Over one billion tokens have already been staked, signaling strong community engagement.

The project is already gaining attention, with coverage in leading crypto publications and mentions from popular YouTubers.

Influencers like VoskCoin (667,000 subscribers) have called it a potential “next big Pepe coin,” while Michael Wrubel listed it among the top mine-to-earn cryptos to watch in 2025.

With momentum building during “Uselesstober,” new investors are taking notice.

Joining the presale is simple through Web3 wallets like Best Wallet, with regular updates shared on X and Telegram. Early adopters could be catching the next big meme coin trend.

Visit Pepenode

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