The Useless Coin ($USELESS) is experiencing significant momentum, currently trading at $0.09624 with a 28.95% gain in the last 24 hours and a market cap of $96.15M. The author suggests it could go parabolic and reach new all-time highs, similar to the aggressive moves seen in other memecoin majors like $PEPE. Investors should note the high volatility and speculative nature of memecoins.