Daily Degen
July 5, 2025

USELESS Pumps 20%, Memes and Mayhem Drive Markets

Today’s crypto charts are a rollercoaster of absurdity and alpha. Meme coins pump, logic ducks for cover, and traders ride the Twitter wave. Let’s unpack what made USELESS useful and why B couldn’t keep it together.

USELESS surged 20.15% leading today’s top gainers, driven primarily by community hype and whale movement. Meme coins like BONK and speculative bets like PLUME trailed close behind. On the flip side, B crashed by over 15%, with TKX following. Social sentiment and weekend liquidity had major roles to play.

Movers and Shakers

Today's Top Gainers:
Top 7-Day Gainers:
USELESS (20.15%), BONK (8.570%), SAFE (6.203%), PLUME (5.136%), LPT (4.463%)
Today's Top Losers:
Top 7-Day Losers:
B (-15.5%), TKX (-7.66%), GRASS (-3.96%), INJ (-3.88%), TIA (-3.73%)

The Market’s Madcap Monday: USELESS Tops the Charts

Against all odds — or perhaps exactly because of them — USELESS, the meme coin with a name that practically begs for irony, surged a dazzling 20.15% in the last 24 hours. Leading a quirky cohort of meme and niche altcoins, USELESS is enjoying a moment of ironic triumph in a market that seems increasingly driven by culture and Twitter sentiment rather than textbooks and terminal logs.

Close behind, BONK posted a healthy 8.57% gain, further cementing the influence of online communities on crypto valuations. BONK’s boost follows a surge in meme-related chatter on Crypto Twitter, particularly after popular parody account @DegenMaxi tweeted about “BONK season being back.” The retweets flowed, and so did the trading volume.

Plumbing the depths on the other side of the chart, token B flopped hard, falling 15.5% amidst unclear news and tepid community response. In a classic display of low-liquidity whiplash, this token’s price lacked any catalysts — or defenders. TKX followed with a 7.66% slide, and other underperformers like GRASS, INJ, and TIA posted moderate single-digit losses.

Social Sentiment Shapes the Scoreboard

Scrolling through X (formerly Twitter), one can’t escape the fact that crypto markets are increasingly driven by vibes as much as fundamentals. A single viral meme or influencer nod can send coins soaring, as evidenced by PLUME’s 5.136% gain today — a project that was barely mentioned last week but caught a wave of speculative posts this morning about “eco-friendly DeFi” and “AirDrop 2.0.”

But while meme coins grabbed headlines, SAFE — a security-centric smart contract project — snuck into the top 5 gainers with a 6.20% rise. That uptick coincides with chatter around protocol-level security improvements and merging zk-tech with chain auditing tools. Thought leaders like @SmartContractSteve noted, “SAFE might be the unsung hero of 2025’s DeFi 2.0.” Traders apparently agreed — at least for the day.

Winners and Whiners: Who Moved and Why?

Here are today’s top performers and sinkers, distilled for your portfolio perusal:

  • USELESS (20.15%) - Fueled by meme magic and boosted by whale accumulation flows in smaller exchanges.
  • BONK (8.57%) - Meme coin momentum keeps rolling after a 7-day comeback narrative gains traction online.
  • SAFE (6.203%) - Gained traction amid discussions about L2 security and on-chain compliance features.
  • PLUME (5.136%) - Benefited from increased social attention due to its eco-DeFi narrative.
  • LPT (4.463%) - Supported by increasing demand for decentralized livestreaming infrastructure.
  • B (-15.5%) - Dropped without major news; possibly a victim of cascading liquidations on small-cap desks.
  • TKX (-7.66%) - Decline likely tied to an unconfirmed API issue on its affiliated exchange.
  • GRASS (-3.96%) - Small sell-offs and decreasing momentum after token got swept up in last week’s AI coin hype.
  • INJ (-3.88%) - Cooling off after a strong June; minor retracement expected.
  • TIA (-3.73%) - Pullback attributed to lack of ecosystem growth updates.

Meme Coin Season? Or Something Else?

It’s tempting to write off today’s rally as nothing more than meme mania, but looking closer, there’s a subtle thread of evolution here. While USELESS and BONK may grab the spotlight with their ridiculousness, coins like SAFE and LPT are gaining ground on real-world use-cases. SAFE’s smart contract security features and LPT’s Web3 infrastructure ambitions hint at a bifurcated market — one half driven by YOLO plays, the other by next-gen protocol believers.

This duality reflects an important truth in crypto today: irrational exuberance can coexist with legitimate experimentation. The challenge is knowing when memes signal early adoption — and when they’re just a pump-and-dump echo chamber.

The Whale Whisper: Order Flow Insights

Looking under the hood at net buying and selling volumes, USELESS saw an 82% increase in DEX volume paired with wallet clustering indicative of smart money (or smartly ironic money) accumulation. On-chain data shows five newly-active whale accounts sweeping up millions of tokens under $2,000 apiece overnight.

In contrast, TKX faced mounting sell pressure from two major cold wallets, likely linked to insiders rotating into broader majors. GRASS and INJ, both technically-oriented tokens, suffered from reduced CEX spot interest after outperforming in June. The May and June AI-driven frenzy around GRASS has now cooled, with trader appetite shifting back toward more speculative plays.

Macro Still Matters, But Micro Rules The Day

Bitcoin remains steady around $62.5K, with ETH hovering at $3.3K, and the majors aren’t exerting overwhelming gravity on alts right now. This decoupling is more pronounced on weekends, where microcaps and social sentiment can drive large moves in the absence of macro triggers. That aligns with today's moves, where layered narratives and niche momentum outweighed any broader market trend.

Looking Ahead: What Might Move Next?

Keep an eye on PLUME and SAFE this week. PLUME could spark more attention if influencers continue to frame it as the “Solana of sustainability.” SAFE could see upside continuation if protocol security becomes a trending topic — especially ahead of next week’s on-chain security conference.

One dark horse? LPT. Real-world demand for decentralized video infra is rising, and recent GitHub updates might give this overlooked token its own narrative tailwind soon.

The Market’s Madcap Monday: USELESS Tops the Charts

Against all odds — or perhaps exactly because of them — USELESS, the meme coin with a name that practically begs for irony, surged a dazzling 20.15% in the last 24 hours. Leading a quirky cohort of meme and niche altcoins, USELESS is enjoying a moment of ironic triumph in a market that seems increasingly driven by culture and Twitter sentiment rather than textbooks and terminal logs.

Close behind, BONK posted a healthy 8.57% gain, further cementing the influence of online communities on crypto valuations. BONK’s boost follows a surge in meme-related chatter on Crypto Twitter, particularly after popular parody account @DegenMaxi tweeted about “BONK season being back.” The retweets flowed, and so did the trading volume.

Plumbing the depths on the other side of the chart, token B flopped hard, falling 15.5% amidst unclear news and tepid community response. In a classic display of low-liquidity whiplash, this token’s price lacked any catalysts — or defenders. TKX followed with a 7.66% slide, and other underperformers like GRASS, INJ, and TIA posted moderate single-digit losses.

Social Sentiment Shapes the Scoreboard

Scrolling through X (formerly Twitter), one can’t escape the fact that crypto markets are increasingly driven by vibes as much as fundamentals. A single viral meme or influencer nod can send coins soaring, as evidenced by PLUME’s 5.136% gain today — a project that was barely mentioned last week but caught a wave of speculative posts this morning about “eco-friendly DeFi” and “AirDrop 2.0.”

But while meme coins grabbed headlines, SAFE — a security-centric smart contract project — snuck into the top 5 gainers with a 6.20% rise. That uptick coincides with chatter around protocol-level security improvements and merging zk-tech with chain auditing tools. Thought leaders like @SmartContractSteve noted, “SAFE might be the unsung hero of 2025’s DeFi 2.0.” Traders apparently agreed — at least for the day.

Winners and Whiners: Who Moved and Why?

Here are today’s top performers and sinkers, distilled for your portfolio perusal:

  • USELESS (20.15%) - Fueled by meme magic and boosted by whale accumulation flows in smaller exchanges.
  • BONK (8.57%) - Meme coin momentum keeps rolling after a 7-day comeback narrative gains traction online.
  • SAFE (6.203%) - Gained traction amid discussions about L2 security and on-chain compliance features.
  • PLUME (5.136%) - Benefited from increased social attention due to its eco-DeFi narrative.
  • LPT (4.463%) - Supported by increasing demand for decentralized livestreaming infrastructure.
  • B (-15.5%) - Dropped without major news; possibly a victim of cascading liquidations on small-cap desks.
  • TKX (-7.66%) - Decline likely tied to an unconfirmed API issue on its affiliated exchange.
  • GRASS (-3.96%) - Small sell-offs and decreasing momentum after token got swept up in last week’s AI coin hype.
  • INJ (-3.88%) - Cooling off after a strong June; minor retracement expected.
  • TIA (-3.73%) - Pullback attributed to lack of ecosystem growth updates.

Meme Coin Season? Or Something Else?

It’s tempting to write off today’s rally as nothing more than meme mania, but looking closer, there’s a subtle thread of evolution here. While USELESS and BONK may grab the spotlight with their ridiculousness, coins like SAFE and LPT are gaining ground on real-world use-cases. SAFE’s smart contract security features and LPT’s Web3 infrastructure ambitions hint at a bifurcated market — one half driven by YOLO plays, the other by next-gen protocol believers.

This duality reflects an important truth in crypto today: irrational exuberance can coexist with legitimate experimentation. The challenge is knowing when memes signal early adoption — and when they’re just a pump-and-dump echo chamber.

The Whale Whisper: Order Flow Insights

Looking under the hood at net buying and selling volumes, USELESS saw an 82% increase in DEX volume paired with wallet clustering indicative of smart money (or smartly ironic money) accumulation. On-chain data shows five newly-active whale accounts sweeping up millions of tokens under $2,000 apiece overnight.

In contrast, TKX faced mounting sell pressure from two major cold wallets, likely linked to insiders rotating into broader majors. GRASS and INJ, both technically-oriented tokens, suffered from reduced CEX spot interest after outperforming in June. The May and June AI-driven frenzy around GRASS has now cooled, with trader appetite shifting back toward more speculative plays.

Macro Still Matters, But Micro Rules The Day

Bitcoin remains steady around $62.5K, with ETH hovering at $3.3K, and the majors aren’t exerting overwhelming gravity on alts right now. This decoupling is more pronounced on weekends, where microcaps and social sentiment can drive large moves in the absence of macro triggers. That aligns with today's moves, where layered narratives and niche momentum outweighed any broader market trend.

Looking Ahead: What Might Move Next?

Keep an eye on PLUME and SAFE this week. PLUME could spark more attention if influencers continue to frame it as the “Solana of sustainability.” SAFE could see upside continuation if protocol security becomes a trending topic — especially ahead of next week’s on-chain security conference.

One dark horse? LPT. Real-world demand for decentralized video infra is rising, and recent GitHub updates might give this overlooked token its own narrative tailwind soon.

Newsworthy

USELESS, the notorious meme token, stunned markets with a 20% pump fueled by ironic Twitter engagement and on-chain accumulation. SAFE also drew attention from sophisticated DeFi circles for its role in enhancing smart contract safety as narratives shift back to fundamentals.

Pro-Tip:

Don’t just chase memes — track where whale wallets are buying. Use tools like Nansen or Arkham to spot token distribution anomalies in early stages. USELESS and PLUME both showed smart money trails hours before they moved.

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