Useless Coin (USELESS) is highlighted as a memecoin to watch this quarter, having recently surpassed PEPE, WIF, FARTCOIN, PENGU, and TOSHI in 24-hour volume on Coinbase. Its on-chain volume also exceeds PEPE and WIF combined, and all other memecoins except TRUMP and FARTCOIN. This increased volume is occurring at the first sign of a memecoin market bounce, suggesting potential price action.