According to @AltcoinGordon, the new USELESS memecoin has surged to a valuation of nearly $90 million by ironically embracing its lack of utility, a narrative that has attracted significant investment. One prominent trader, Unipcs, reportedly turned a $382,000 investment in USELESS into over $2.3 million at its peak. In contrast, the popular memecoin Pepe (PEPE) is struggling, having fallen 4.7% to $0.000009499 amid fading hype and a broader market shift towards Bitcoin (BTC). The source notes that PEPE faces strong resistance at $0.00001013, with a short-term support zone identified between $0.00000946 and $0.00000950. This trend is underscored by Bitcoin's market dominance climbing above 65%, indicating a rotation of capital away from high-risk altcoins like PEPE.

According to @KookCapitalLLC, the cryptocurrency market experienced a broad selloff, with Bitcoin (BTC) falling over 2.5% while major altcoins like Ether (ETH), Solana (SOL), XRP, and Dogecoin (DOGE) saw steeper declines of 5-7%. The downturn in risk assets is linked to macroeconomic pressures, including potential U.S. tariff measures and heightened geopolitical tensions involving Iran, as mentioned in the source. Despite this, weakening U.S. economic data, such as a softer Producer Price Index and rising jobless claims, could potentially force the Federal Reserve to adopt a more dovish monetary policy, which may benefit crypto in the long term. In a counter-trend, the USELESS memecoin has surged to a valuation near $100 million by embracing its 'useless' identity. A key backer, Unipcs, argues that since all memecoins are technically useless, USELESS is the most honest and therefore has significant upside potential compared to established coins like Dogecoin or PEPE.

According to @AltcoinGordon, the new memecoin USELESS has surged to a nearly $90 million valuation by capitalizing on its ironic "useless" narrative, attracting significant backers who see it as undervalued compared to established memecoins. In contrast, Pepe (PEPE) is experiencing a downturn, with its price falling 4.7% to $0.000009499 as investor hype fades. This decline is part of a broader market trend where capital is rotating into Bitcoin (BTC), pushing BTC dominance above 65%, a two-year high. For traders, PEPE is facing significant technical resistance near $0.00001013, while a short-term support level has formed in the $0.00000946–$0.00000950 range, indicating potential volatility as market sentiment shifts away from high-beta altcoins.

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.