USELESS Coin Surges 52% Following Binance Listing

USELESS coin surged 52% in one day after its listing on Binance, with prices jumping from $0.19 to $0.33. Many traders capitalized on this spike overnight.

Key points:

  • Social interest increased by 42%, adding nearly 9,700 followers.
  • Kraken also listed USELESS, while Coinbase added it to their roadmap, expanding its visibility in US markets.
  • Heavy buying occurred before the Binance announcement, raising concerns about insider trading.
  • Trading volume reached $420 million, exceeding 1.5 times the market cap, and overall activity rose by 300%.
  • On decentralized exchanges, USELESS was the top coin by netflow.
  • Technical analysis indicates potential support at $0.27 and resistance around $0.33; a break above could target $0.40.

Market dynamics suggest ongoing interest and volatility for USELESS as trading continues.