According to @AltcoinGordon, the crypto market is seeing two distinct trends: the rise of the USELESS memecoin and a period of low volatility for Bitcoin (BTC). The USELESS token, embracing its 'useless' narrative, has reached a valuation of nearly $90 million, with major backer Unipcs arguing it is undervalued compared to other memecoins like Dogecoin (DOGE) and Shiba Inu (SHIB). Meanwhile, analysis from NYDIG Research highlights that Bitcoin's volatility is declining even as it trades near all-time highs around $107,486. For traders, NYDIG suggests this low volatility environment makes options trading, for both upside calls and downside puts, 'relatively inexpensive.' This presents a cost-effective opportunity to position for directional moves ahead of potential market-moving catalysts in July, according to the report.

According to @KookCapitalLLC, the USELESS memecoin has surged to a $100 million valuation by embracing its 'useless' narrative, with its current market cap standing near $90 million. One prominent backer, Unipcs, invested $382,000, which has grown to over $2.3 million, arguing that USELESS is undervalued compared to other memecoins like Dogecoin (DOGE) and Shiba Inu (SHIB) because it honestly represents the speculative nature of all such tokens. In separate analysis, Toncoin (TON) is exhibiting a short-term bullish uptrend, having risen 1.5% in 24 hours. Technical analysis cited by the source points to a solid uptrend structure confirmed by higher lows at $2.80, $2.81, and $2.83, a resistance breakthrough at $2.85 on high volume, and strong support confirmed at $2.82.

According to @EricCryptoman, the crypto market is seeing significant narrative shifts in memecoins, with the Trump-affiliated World Liberty Foundation announcing plans to make its previously non-transferable WLFI token tradable. The source states the team confirmed via X they are "working behind the scenes to make it happen," a major pivot that would enable speculation on secondary markets. Concurrently, a new token named USELESS has surged to a nearly $90 million valuation by embracing its "useless" narrative. An influential backer, Unipcs, argues that since major memecoins like Dogecoin and PEPE are also technically useless but have multi-billion dollar valuations, USELESS is fundamentally undervalued. These developments unfold as major cryptocurrencies like Solana (SOL) show strength, with SOLUSDT trading up 2.899% around $151.19, while Cardano (ADA) remains stable, with ADAUSDT trading around $0.5613.