memecoins have been outperforming everything since the new year started

even multi-billion-dollar behemoth $PEPE is up 36% in the last 24 hours, and other established memecoins like $BONK and $FLOKI are showing incredible strength too

for $USELESS:

- it pretty much frontran the move on memecoins as soon as the new year started
- volume is ramping up aggressively again on both spot and perps venues
- onchain metrics are starting to look good again, and it's back to being the third most-traded memecoin on-chain (after losing the spot for a few weeks after previously locking it down for ~5 months)

meanwhile it is still down 82% from ATH it made just last quarter, which means there's still a lot of room to go up before its previous ATH

i'm betting pre-parabolic vibes on $USELESS

i'm still holding the BROCCOLI long from a few days ago

i recently added $4 and $WIF as well as i think both are crazy oversold and could put in an aggressive pump at any moment

these are mostly short-term positions for me and a good chunk of profits will be rotated into $USELESS as usual if trade plays out as i expect since that's my main, high-conviction memecoin play going forward

it feels good seeing memecoins getting the spotlight as soon as this year started:

- $BONK is literally up 40% on the day, which is incredible for a memecoin of BONK's calibre
- $PEPE has pumped 70% and added $1.3 billion since this year started
- $USELESS is up 100% from its December 31 night lows (fastest horse)

FWIW i think these are still early days and the memecoin rally will continue into the rest of this quarter

my view on the market is that the main action hasn't even started: CoinMarketCap published a report earlier in which they said to expect the real move for crypto to come between Feb - March of this quarter, and i align with this view

i think what we're seeing now is just the test pump

that said:

i’d advise strong caution when using leverage here, especially on memecoins

as i've said a few times recently, i'm still expecting a major, panic-inducing flush on crypto as a whole in January

i don't know when the flush is coming, and i think the pumps could get a lot crazier if we do not get it... but i think it is best to expect it and trade accordingly

this isn’t saying not to buy memecoins here. for example, if i had zero exposure to $USELESS, i would be sizing in aggressively instead of trying to time some lower level. it’s crazy undervalued compared to other major memes (ATH at $440m is almost 4x from here and it’s a fraction of the market cap of many other major memecoins) + it won’t matter in the grand scheme when the real move comes later

i'm simply saying don't buy with leverage. if you want to buy anything here, just buy spot and chill

don't get overconfident thinking we won't have pullbacks just because memecoins are going crazy at the moment

i want to be clear that the above are all short-term trades

i'm still holding all of those positions since memecoin momentum seem to be super strong right now

when i close, a good chunk of my profit gets rotated into $USELESS in anticipation for the move to multi-billions

i feel underexposed to USELESS

i don’t think i’ve disclosed how much $LIT i got airdropped yet

~137,000 $LIT, which equates to a little over $400,000 at current prices (i took the attached screenshot on Dec 31 when prices were much lower)

this was despite being super late to Lighter and having an army of people basically attacking me for farming the protocol 'super late'

maybe i could have gotten orders of magnitude more points and airdrop if i had started farming it in the first few weeks, but $400k isn’t something to balk at and i’ll happily take it

i mean, i literally got liquidated for eight figures on 10/10, so every cent counts now, right? 😅

jokes apart though, this is why i’ve been emphasizing signing up and farming Nado super early for a while now. you’d be surprised at how much of a difference a few weeks can make here

i’m also hearing that alpha is going to close soon for Nado, so i strongly recommend anyone who’s even remotely interested in farming this to get in before alpha closes and points get further diluted

you can only get in with an invite code or ref link, but i’ve got you if you’re interested in signing up:

https://app.nado.xyz?join=hKSmQI8

to those messaging me about not being able to join Nado through the above link:

invites got used up! (again)

i'm working to get more and will update as soon as that's done

one of my major short-term bear case just got invalidated btw:

https://x.com/zoomerfied/status/2008648274228482535

the MSTR removal from the MSCI index was originally supposed to resolve by mid January and could have caused up to $9 billion in outflows

big deal IMO!

Binance just announced a spot listing of Binance Life and $ZKP

Binance Life is a BNB chain memecoin (~$130m at time of listing) while $ZKP is apparently some privacy crypto stuff (sub $30m at time of listing)

everyone is talking about Binance Life due to it being the first Chinese ticker Binance will list, a BNB chain memecoin, etc

but for me the real trade is ZKP since it fits the currently hot privacy market cap and is getting listed on Binance sub $30m market cap

i haven't really looked into the project and i can't really be bothered to look into it tbh

but my thesis is that if it was listed sub $30m market cap alongside a memecoin above $130m market cap when privacy is the meta, then it could be good for a good scalp long at least... it should get a bit of a push from the Binance listing pump

if it's good enough to list by Binance sub $30m, there is probably a trade in there

my entry here is around $0.143

i'll be rotating most of my profits from this into $USELESS to compound my USELESS position

NOTE: this is just me journaling my trade, whin or loss, etc. not asking you to copy kek

it looks like memecoins are gearing up for the next leg up

i think it will become clear in hindsight that $USELESS is a good bid here

rotflmao 😂😅

yeah that's exactly what we've been trying to say

BWENEWS: FED'S KASHKARI: CRYPTO 'BASICALLY USELESS' FOR CONSUMERS - RTRS

方程式新闻: 美联储卡什卡利：加密货币对消费者“基本上没用” - 路透社

(Auto match could be wrong, 自动匹配可能不准确)
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2026-01-15 01:37:59

Lighter opened withdrawals for $LIT today

it got listed on Robinhood, Coinbase, and Bybit

yet it was down almost 20% at some point today despite all of that

everyone is hating on it on X and in group chats and calling it a scam coin that won't stop dumping

idk but that looks like capitulation to me

i opened a fresh long today because i like the R/R here

maybe i just like pain, or maybe i'm longing the bottom

i guess we'll find out soon enough

i should have longed more $LIT at the lows

now i feel underexposed 😅

anyway, still holding my current position and observing... but i think it's crazy undersold here despite the fundamentals and recent good news i.e.

- listings on Robinhood/Coinbase/Bybit/etc
- has the most perps DEX mindshare after Hyperliquid, while HYPE is trading at ~16x more valuation
- it's had relentless sell pressure since TGE + FUD combo, which is understandable since they airdropped a lot of tokens, so no real price discovery has happened

anyway, i think it remains an interesting trade so i'm holding for higher

i'll consider adding more if it dips below my entry

as far as degen stuff goes

BIBI (i.e. the Binance mascot) on BNB chain is one i have on my radar

i want to be clear: i've mostly bought a decent amount of supply over the past few weeks, with my average entry being mostly around $4m market cap

this is also a short-term trade for me, with good chunks of profits to be rotated into $USELESS

i have been observing and waiting for a pullback to buy more because i want more exposure, but for whatever reason it seems to be pumping out of blue today

i figured i should document this in my journal and highlight why i'm buying some:

1. it initially got a push from Binance insiders, as well as multiple active engagements from key Binance channels, which fueled the original run to $14m market cap
2. volume has been consistently strong despite seemingly zero catalyst or anyone actively pushing it, which is often a sign that *something* is coming
3. it has an interesting chart that shows active and ongoing accumulation
4. Binance has shown a clear and consistent pattern of pushing BNB chain memecoins that has to do with 'Binance', especially if they show a modicum of life for a sustained enough period of time, and i think BIBI fits the bill here

a good example of the above is the 'Binance Life' vs '$4' memecoin: i think 4 is an arguably better narrative, plus it had much better global reception during the initial BNB szn wave, but for some reason the Binance folks have consistently pushed and favored Binance Life... and i think that's sort of consistent with how they approach memes and narratives
5. CZ has publicly said the Chinese name of his book is tentatively titled 'Binance Life'. according to him, the book should be live in a few weeks

i think the book launch likely becomes a catalyst for the Binance Life memecoin (i'm currently not holding), but also fuels a sort of BNB szn depending on general market conditions, and i think BIBI as the 'Binance mascot' is going to get a lot of attention and bids as a result with everything centered around 'Binance'

anyway, this is a short-term trade that i could close at anytime... and i'll still be on the lookout for entries sub $4m if i get it, but i think this has decent upside to ATH and beyond in the not-so-distant future