The token sale of PUMP from the Pump.Fun platform has caused a stir in the launchpad community, generating plenty of lively discussions. However, this push was not enough to shake the position of competitors, as LetsBONK.fun unexpectedly surpassed Pump.Fun in daily revenue.

In light of this noteworthy development, Bitcoin Magazine has conducted an analysis of three standout tokens in the LetsBONK.fun ecosystem – names that investors should not overlook.

Useless (USELESS)

Currently, USELESS is trading around $0.271, within a range from $0.222 to the all-time high (ATH) of $40.338. With a gap of nearly 25% from the ATH peak, this altcoin still has considerable growth potential ahead.

Despite the relatively quiet developments over the past week, USELESS has still sent out positive signals. The Parabolic SAR indicator is currently below the candle body, reflecting that the upward trend is dominant and may continue to be sustained in the short term.

If the upward momentum is solidified, USELESS could very well break through the ATH at $0.338 to approach the important resistance area at $0.400 — a psychological milestone that could create a catalyst for a stronger rally.

However, the possibility of a correction scenario cannot be ruled out if market sentiment suddenly changes. Profit-taking pressure or a return of selling forces could pull prices down below the critical support area at $0.222. In a more negative scenario, prices could continue to retreat towards the $0.182 area — breaking the current bullish structure and highlighting the inherent risks of the volatile altcoin market.

Hosico Cat (HOSICO)

HOSICO just set an all-time high (ATH) last week at $0.077, but has since corrected down and is currently trading around $0.047 — which is about 62% lower than its peak.

Notably, the 50-day EMA line is still quite far below the price chart, indicating that HOSICO is still maintaining a safe distance from the strong support area at $0.040. If this support level continues to be upheld, it is highly likely that the token will soon regain upward momentum and gradually recover back to its previous peak.

However, if HOSICO loses the $0.040 threshold, selling pressure could significantly increase, pulling prices down to below $0.034. Such a scenario would completely weaken the current bullish trend while reflecting a significant change in market sentiment – from optimistic to cautious or negative.

Let’s BONK (LETSBONK)

The price of LETSBONK is currently down 12% for the day, still 126% away from the ATH level of $0.259. However, in the past 24 hours, this altcoin has surged by 44%, indicating impressive momentum and significant recovery potential.

Currently, LETSBONK is trading around $0.114 and is firmly maintaining above the important support area at $0.090. To re-establish the historical peak, this token needs to break through the key resistance area at $0.187.

If this barrier is overcome, a new price surge could be triggered, bringing LETSBONK closer to the all-time high. Additionally, the RSI index is in the positive zone, above the neutral level, further reinforcing confidence in short-term bullish prospects.

However, risks remain present. If selling pressure increases in the coming days and LETSBONK loses the support threshold of $0.090, prices could plummet to the $0.041 area — thereby erasing the current recovery expectations.