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Project Overview
PEPE is a deflationary memecoin launched on Ethereum. The cryptocurrency was created as a tribute to the Pepe the Frog internet meme, created by Matt Furie, which gained popularity in the early 2000s. The project aims to capitalize on the popularity of meme coins, like Shiba Inu and Dogecoin, and strives to establish itself as one of the top meme-based cryptocurrencies. PEPE appeals to the cryptocurrency community by instituting a no-tax policy, a redistributive system rewarding long-term stakers, and a burning mechanism to maintain scarcity of the PEPE coin.
Canary amends PEPE ETF filing
Bloomberg ETF analyst Eric Balchunas stated that Canary recently amended its filing for the Pepe ETF. He noted that this could be another sign that the cryptocurrency market downturn has ended. Applications for Meme token ETFs like these typically struggled to advance a few months ago, but the improved market environment has made issuers more inclined to conduct related market tests.
Bonk Guy: USELESS Outperforms Mainstream Crypto Assets, Market Cap Expected to Surpass $10 Billion
Prominent trader Bonk Guy stated that Bitcoin has reclaimed the $86,000 level and is in a clear uptrend. As fourth-quarter seasonal patterns approach, he believes USELESS deserves close attention. Bonk Guy further noted that USELESS has outperformed mainstream crypto assets such as BTC, ETH, SOL, DOGE, SHIB, and PEPE across multiple timeframes during this cycle. Indicators including whale inflows, perpetual open interest, trading volume, on-chain holder counts, and liquidity are all trending upward. He suggests it could emerge as this cycle's "Dogecoin/SHIB," with a market capitalization potentially exceeding $10 billion. USELESS currently represents only a small fraction of the approximately $38 billion meme coin market. Should the meme coin sector see a repricing in the fourth quarter, its upside potential could expand even further.
Bonk Guy: USELESS Remains Strong Amid Broad Market Selloff, Could Become the Next DOGE or SHIB
Odaily reports: Crypto trader Bonk Guy posted on X that, with the CLARITY Act failing to pass and the broader crypto market under pressure, USELESS has continued to show notable relative strength, outperforming BTC, SOL, DOGE, and PEPE across multiple timeframes.Bonk Guy reiterated that he believes USELESS has the potential to become a gainer similar to DOGE and SHIB, calling it "the meme coin of this cycle."According to GMGN data, USELESS currently has a market cap of $217 million, with a 24H gain of over 10%.
Bonk Guy Calls Another Token USELESS: Already Listed on Upbit and Bithumb, Watch for Its Potential Upside
Trader Bonk Guy (Unipcs) posted that he has long considered USELESS to be this cycle's equivalent to DOGE, SHIB, or PEPE, yet many continue to disregard it. He noted that South Korea's two major centralized exchanges, Upbit and Bithumb, listed USELESS just hours apart today, granting it a major new distribution channel from one of the world's key crypto markets. Bonk Guy further emphasized that attention should remain on whether USELESS will be listed on Hyperliquid, Robinhood, or Binance Spot next. He argued that instead of debating whether USELESS will emerge as this cycle's flagship memecoin, focus should shift to how high its price can potentially reach, as the underlying pattern is becoming increasingly clear. He also noted that investors can either accumulate USELESS now or wait until its market cap reaches several billion dollars, perceiving that stage as "safer".
Bonk Guy: USELESS's current performance is "strikingly similar" to PEPE before its 2023 parabolic rally.
Trader Bonk Guy (Unipcs) posted that for months he has been trying to tell everyone that everything currently happening with USELESS looks "strikingly similar" to PEPE prior to its parabolic rally in 2023, including volume structure, open interest expansion, early relative strength, market timing, and early independent market outperformance. He noted that after reviewing the charts, USELESS's price action is essentially a near-perfect replica of how PEPE looked right before it ignited its parabolic move in 2023.
Bonk Guy Shills USELESS Again: Claims It Could Be a DOGE/PEPE-Level Opportunity This Cycle
Renowned trader Bonk Guy stated that he has been tracking and trading Meme coins for three consecutive cycles, and has previously publicly predicted the market trends of multiple Meme coins with multi-billion dollar market caps. He believes USELESS could become an opportunity similar to DOGE or PEPE in this market cycle.
Bonk Guy Calls Another Token USELESS: Already Listed on Upbit and Bithumb, Watch for Its Potential Upside
Trader Bonk Guy (Unipcs) posted that he has long considered USELESS to be this cycle's equivalent to DOGE, SHIB, or PEPE, yet many continue to disregard it. He noted that South Korea's two major centralized exchanges, Upbit and Bithumb, listed USELESS just hours apart today, granting it a major new distribution channel from one of the world's key crypto markets. Bonk Guy further emphasized that attention should remain on whether USELESS will be listed on Hyperliquid, Robinhood, or Binance Spot next. He argued that instead of debating whether USELESS will emerge as this cycle's flagship memecoin, focus should shift to how high its price can potentially reach, as the underlying pattern is becoming increasingly clear. He also noted that investors can either accumulate USELESS now or wait until its market cap reaches several billion dollars, perceiving that stage as "safer".
Binance to Update Portfolio Margin and Contract Leverage Tiers on August 7, 2026
Odaily News: According to the official announcement, Binance Futures will update the collateral rates and tiered collateral rates for certain assets under Portfolio Margin mode at 14:00 (Beijing Time) on August 7, 2026, and simultaneously adjust the leverage and margin tiers for multiple USDT-margined perpetual contracts. This adjustment involves assets such as UNI, PEPE, ASTER, HFT, and KMNO, as well as contracts including 0GUSDT, BERAUSDT, WUSDT, SUPERUSDT, TURBOUSDT, and 1MBABYDOGEUSDT, and is expected to be completed within 30 minutes to one hour. Please note that existing positions will be affected, and users are advised to adjust their positions in advance.
HTX Launches “Spring Travel Season” Trading Contest—Trade Designated Hot Tokens to Share a $50,000 Prize Pool
According to the official announcement, HTX has launched the “Spring Travel Season” trading competition. From now until May 9 at 18:00 (UTC+8), users who register and participate in spot trading of BTC, ETH, SOL, XMR, or LTC—or USDT-denominated perpetual contracts of DOGE, PEPE, XAG, TRUMP, or XMR—and complete designated tasks will accumulate “Miles.” Prizes totaling $50,000 will be distributed among participants based on their Mile rankings. Additionally, users who fulfill both the spot holding requirements and complete daily contract trading check-ins for the entire duration will qualify for a lottery draw, sharing an extra $1,500 prize pool.
Related news
Canary amends PEPE ETF filing
Bloomberg ETF analyst Eric Balchunas stated that Canary recently amended its filing for the Pepe ETF. He noted that this could be another sign that the cryptocurrency market downturn has ended. Applications for Meme token ETFs like these typically struggled to advance a few months ago, but the improved market environment has made issuers more inclined to conduct related market tests.
Bonk Guy: USELESS Outperforms Mainstream Crypto Assets, Market Cap Expected to Surpass $10 Billion
Prominent trader Bonk Guy stated that Bitcoin has reclaimed the $86,000 level and is in a clear uptrend. As fourth-quarter seasonal patterns approach, he believes USELESS deserves close attention. Bonk Guy further noted that USELESS has outperformed mainstream crypto assets such as BTC, ETH, SOL, DOGE, SHIB, and PEPE across multiple timeframes during this cycle. Indicators including whale inflows, perpetual open interest, trading volume, on-chain holder counts, and liquidity are all trending upward. He suggests it could emerge as this cycle's "Dogecoin/SHIB," with a market capitalization potentially exceeding $10 billion. USELESS currently represents only a small fraction of the approximately $38 billion meme coin market. Should the meme coin sector see a repricing in the fourth quarter, its upside potential could expand even further.
Gate Meme covers 156 spot and 80 perpetual trading pairs, with active trading in popular assets such as DOGE and Lobster
Odaily reports: According to official data, Gate Meme's spot and USDT perpetual markets cover 156 and 80 trading pairs, respectively. In terms of liquidity, the order book depth within the ±2% range of the mid-price on Gate Meme's spot and perpetual markets is approximately 8.9227 million and 40.9695 million USDT, respectively, indicating that both markets have relatively ample trading capacity.In terms of trading volume, DOGE ranks first in trading volume on both the spot and USDT perpetual markets, with 24-hour trading volumes of approximately 23.5916 million and 47.3489 million USDT, respectively; Lobster's spot and perpetual trading volumes also reached 10.9043 million and 19.8405 million USDT, respectively, while other popular Meme assets such as TRUMP, PEPE, and USELESS also ranked among the top in trading volume.
Bonk Guy: USELESS Remains Strong Amid Broad Market Selloff, Could Become the Next DOGE or SHIB
Odaily reports: Crypto trader Bonk Guy posted on X that, with the CLARITY Act failing to pass and the broader crypto market under pressure, USELESS has continued to show notable relative strength, outperforming BTC, SOL, DOGE, and PEPE across multiple timeframes.Bonk Guy reiterated that he believes USELESS has the potential to become a gainer similar to DOGE and SHIB, calling it "the meme coin of this cycle."According to GMGN data, USELESS currently has a market cap of $217 million, with a 24H gain of over 10%.
Bonk Guy: USELESS Could Become the "Meme Coin of This Cycle"
Bonk Guy posted on X platform stating that he recently re-examined the relative performance of USELESS against mainstream meme coins, and found that USELESS's price ratios against PEPE, DOGE, PENGU, WIF, FARTCOIN, BONK, SPX, and SOL are all at historic highs.Bonk Guy stated that nearly all observable indicators suggest USELESS could become the "meme coin of this cycle," with its market cap potentially reaching billions of dollars. Additionally, during this market correction, USELESS continued to attract a large number of new holders. He believes that before the fourth quarter arrives, as long as the price maintains its current range, any pullback in USELESS would be worth aggressively buying.
Bonk Guy Calls Another Token USELESS: Already Listed on Upbit and Bithumb, Watch for Its Potential Upside
Trader Bonk Guy (Unipcs) posted that he has long considered USELESS to be this cycle's equivalent to DOGE, SHIB, or PEPE, yet many continue to disregard it. He noted that South Korea's two major centralized exchanges, Upbit and Bithumb, listed USELESS just hours apart today, granting it a major new distribution channel from one of the world's key crypto markets. Bonk Guy further emphasized that attention should remain on whether USELESS will be listed on Hyperliquid, Robinhood, or Binance Spot next. He argued that instead of debating whether USELESS will emerge as this cycle's flagship memecoin, focus should shift to how high its price can potentially reach, as the underlying pattern is becoming increasingly clear. He also noted that investors can either accumulate USELESS now or wait until its market cap reaches several billion dollars, perceiving that stage as "safer".