Useless Coin (USELESS) experienced a significant price increase of 13.86% over the past 24 hours, reaching $0.1703. This surge was primarily driven by whale activity, with major holders accumulating 37 million tokens, marking a 58% increase. The buy volume surpassed sell volume by 5.2 million tokens, while trading volume soared by 138% to $67 million.
Despite these bullish on-chain indicators, the futures market sentiment remains bearish, with short positions accounting for 52% of the market. The token is now approaching a resistance level near $0.24, which could be tested if the buying momentum persists.
Useless Coin Jumps 13% as Whales Accumulate
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