I missed the move again.
I saw the name $USELESS for the first time and thought it was just some gimmick coin. But today it was straight up listed at #1 on the contract growth leaderboard. In 24 hours, trading volume hit $100.52M. Me—someone who says they won’t chase, but my finger is already hovering over the open position button 😅
When I look back, it actually isn’t that mysterious that it made it onto the board.
Over on the spot side, it hasn’t gone crazy; but on the contracts side, things got hype first. The funding rate is still at -0.0175%, which means the shorts haven’t given up, and the open interest has also piled up to 100,920,790 coins.
The most annoying thing about this kind of play is right here.
You think it should pull back—but it keeps pushing higher with the shorts still on the run. You think you can still chase it, and then it turns back and stabs you with a needle. I’m treating $USELESS as an emotion-driven coin for now. If it really runs, I’d only dare to give it a small touch with my hand.
$USELESS
#加密货币 #BinanceSquare
I saw the name $USELESS for the first time and thought it was just some gimmick coin. But today it was straight up listed at #1 on the contract growth leaderboard. In 24 hours, trading volume hit $100.52M. Me—someone who says they won’t chase, but my finger is already hovering over the open position button 😅
When I look back, it actually isn’t that mysterious that it made it onto the board.
Over on the spot side, it hasn’t gone crazy; but on the contracts side, things got hype first. The funding rate is still at -0.0175%, which means the shorts haven’t given up, and the open interest has also piled up to 100,920,790 coins.
The most annoying thing about this kind of play is right here.
You think it should pull back—but it keeps pushing higher with the shorts still on the run. You think you can still chase it, and then it turns back and stabs you with a needle. I’m treating $USELESS as an emotion-driven coin for now. If it really runs, I’d only dare to give it a small touch with my hand.
$USELESS
#加密货币 #BinanceSquare