USELESS is currently the second most-traded memecoin on Coinbase, showing higher volume than DOGE, FARTCOIN, PENGU, PEPE, and SHIB. The asset maintains the highest open interest (OI) to market cap ratio (11.86%) among Binance perps, with a $70 million market cap and $8.3 million in OI. Sentiment is highly bullish, with the author anticipating a "parabolic" move for USELESS if BTC and SOL continue to show strength.