USELESS currently exhibits the highest Open Interest (OI) to Market Cap ratio (11.86%) among memecoins on Binance perps, significantly outpacing assets like FARTCOIN, TRUMP, WIF, and PEPE. The analyst maintains a bullish outlook on USELESS, citing its high relative OI and a belief that BTC has reached a local bottom, suggesting explosive upside potential for the token. Comparative data also tracks the market caps and OI for PENGU, BONK, DOGE, SPX, and SHIB.