Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
USELESS has recently shown impressive gains, with a 3.62% increase over 5 minutes, which has indeed attracted market attention. What is the driving force behind this? Let's break down this wave of market activity.
First is the implementation of the airdrop event. The USELESS airdrop has officially launched, featuring a "zero friction instant claim" mechanism. This direct-to-wallet design is very attractive to early participants and can indeed catalyze a wave of enthusiasm. This is not wishful thinking but a real positive event.
Secondly, the market's capital flow performance is even more interesting. In the past 7 minutes, inflowing funds reached 812,900, and three new whale addresses have entered. More importantly, the 24-hour trading volume has surged 18.54 times compared to the average, indicating that it is not passive trading during price fluctuations but genuine buy orders smashing the sell side.
According to spot data from a major exchange, USELESS has increased by 5.04% in the last 15 minutes and even ranks among the top three in platform gainers. Interestingly, despite the overall BTC correction, this token can maintain an independent trend, indicating strong buy support at the bottom to defend the price.
Looking at operational activity: whale buy-in actions are very concentrated, with the largest single order reaching 400,000, and these large buy orders are distributed in a very focused manner. Such trading behavior does not resemble emotional hype but rather strategic positioning by institutions or large investors at the bottom.
Market capitalization growth is also quite rapid—rising from 60M to 124M, with market attention clearly increasing. The community remains active, with a significant presence on various activity ranking lists. Once this positive feedback loop forms, it usually brings considerable imagination to meme tokens' narratives.
Summary of data: trigger price 0.1181, 5-minute increase 3.62%, 15-minute increase 2.61%, 30-minute increase 1.68%, 1-hour increase 9.32%, 4-hour increase 10.74%. The overall pace remains quite steady.