Useless Coin (USELESS) is highlighted as a potential high-conviction play within the memecoin sector, currently trading at $0.1005 with a market cap of approximately $100M. Given the broader memecoin market is valued at $46.2B, the post suggests USELESS is significantly undervalued as a "pure memecoin beta" and could see substantial upside as capital rotates into clear narrative plays. Its current price has seen a 9.1% increase in the last 24 hours.