USELESS currently exhibits the highest memecoin open interest (OI) on the Lighter DEX, surpassing the OI of significantly larger assets including DOGE, SHIB, PEPE, PENGU, TRUMP, BONK, FLOKI, SPX, WIF, and POPCAT. Despite a $73M market cap, the asset is showing relative strength against BTC and SOL, with technical charts indicating a high-timeframe structure primed for potential expansion. Sentiment is highly bullish as whales aggressively buy dips, positioning for what the author suggests could be a major upside move similar to previous cycles of DOGE and SHIB.