The USELESS memecoin is highlighted as a potential buy on the current dip, with the post suggesting it acts as a leading indicator for the broader crypto market. Data shows USELESS is the second most traded on-chain memecoin, with its number of holders hitting a new all-time high of 36,942, indicating continued accumulation by whales and smart money during the pullback. The author believes crypto is lagging the stock market and will follow its "risk on" sentiment, making the current USELESS dip a profitable opportunity in the near future.