Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
USELESS Coin Nears New High Amid Gains in Meme Coins, Though Downside Risks Remain

USELESS Coin Nears New High Amid Gains in Meme Coins, Though Downside Risks Remain

CoinotagCoinotag2025/07/02 16:05
By:Marisol Navaro
  • USELESS, KET, and HOSICO meme coins have demonstrated notable resilience and growth despite a broader market downturn, signaling renewed investor interest in select altcoins.

  • While the overall meme coin market contracted by 2.3%, these tokens surged, highlighting potential opportunities amid bearish conditions.

  • According to COINOTAG analysis, USELESS reached a new all-time high at $0.252, with KET and HOSICO also posting significant gains, underscoring their emerging market strength.

USELESS, KET, and HOSICO meme coins defy market trends with strong gains; key resistance and support levels indicate potential price movements ahead.

USELESS (USELESS) Hits New All-Time High Amid Strong Momentum

USELESS has captured market attention by reaching a fresh all-time high of $0.252, marking a 14.6% increase within 24 hours. Launched in May 2025, USELESS boasts a maximum supply capped at 1 billion tokens, with nearly full circulation at 999.94 million. Its fully diluted valuation stands at approximately $220.83 million, reflecting growing investor confidence.

The coin’s upward trajectory suggests potential continuation toward the $0.300 mark, driven by sustained buying pressure and positive market sentiment. However, investors should remain cautious as a significant sell-off could trigger corrections to critical support levels at $0.182 or even $0.137, which would challenge the current bullish trend.

USELESS Coin Nears New High Amid Gains in Meme Coins, Though Downside Risks Remain image 0

Monitoring these support and resistance zones will be essential for traders aiming to capitalize on USELESS’s momentum while managing downside risks effectively.

Technical Outlook and Market Implications for USELESS

Technical indicators suggest that USELESS’s momentum is robust but vulnerable to volatility spikes. Should the altcoin sustain above its immediate support, it may attract further institutional interest. Conversely, a breach below $0.182 could signal a trend reversal, prompting profit-taking and increased selling pressure.

KET (KET) Shows Strong Recovery with Key Resistance at $0.394

KET has demonstrated a notable 11.7% price increase, climbing from $0.350 to $0.391 within a day. Since its July 2023 launch, KET has maintained a fixed supply of 1 billion tokens and holds a fully diluted valuation near $391.5 million. This recent surge underscores its resilience amid fluctuating market conditions.

The altcoin faces a critical resistance barrier at $0.394, which, if surpassed, could pave the way for gains toward $0.422. Maintaining momentum above this level is crucial for sustaining bullish sentiment. However, a drop below $0.364 may indicate weakening demand and potential reversal.

USELESS Coin Nears New High Amid Gains in Meme Coins, Though Downside Risks Remain image 1

Investors should watch these thresholds closely, as they will likely dictate KET’s short-term price trajectory and market positioning.

Market Sentiment and Risk Factors Surrounding KET

KET’s performance reflects a broader appetite for meme coins with strong fundamentals. Yet, external market pressures could impact its momentum. Risk management strategies are advisable, especially if bearish trends intensify and erode investor confidence.

Small Cap Spotlight: Hosico Cat (HOSICO) Surges Amid Volatility

Hosico Cat (HOSICO) has outperformed many peers with a 19.3% rally, reaching $0.034 and experiencing an intraday peak of 38.4%. Launched in April 2025, HOSICO’s circulating supply is nearly 1 billion tokens, with a fully diluted valuation of $33.7 million, positioning it as a notable small-cap contender.

The altcoin faces resistance at $0.040, with $0.034 serving as a pivotal support level. Holding this support is vital to consolidate recent gains and sustain upward momentum. Failure to maintain $0.023 support could precipitate a decline to $0.019, signaling a bearish reversal and increased downside risk.

USELESS Coin Nears New High Amid Gains in Meme Coins, Though Downside Risks Remain image 2

HOSICO’s price dynamics highlight the volatility inherent in small-cap meme coins, emphasizing the importance of vigilant market analysis for investors.

Investor Considerations for HOSICO Amid Market Fluctuations

Given HOSICO’s volatility, investors should balance potential rewards against risks. The altcoin’s ability to hold key support levels will be a decisive factor in its near-term outlook, with technical analysis suggesting cautious optimism.

Conclusion

The recent performance of USELESS, KET, and HOSICO illustrates selective strength within the meme coin sector despite broader market challenges. Each token exhibits distinct resistance and support levels that will shape their trajectories. Investors are advised to monitor these critical price points closely and adopt disciplined risk management strategies to navigate potential volatility. These developments underscore the evolving landscape of meme coins as they continue to attract attention in the crypto market.

In Case You Missed It: American Express Payment Delays Fuel Speculation on Possible Ripple (XRP) Blockchain Integration
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!