MAP Protocol, Useless Coin, and LUNC Boom as Bitcoin Crosses $105,000
The crypto market witnessed a strong explosion as Bitcoin surpassed $105,000 for the first time. Against this backdrop, three prominent coins MAP Protocol (MAPO), Useless Coin (USELESS), and Terra Luna Classic (LUNC) became the focus of investors with impressive price increases, despite the overall market volatility.
MAP Protocol (MAPO) Doubles Leading the Layer-2 Market
MAP Protocol was the project that recorded the best performance of the day, as the MAPO token surged by 100% in just 24 hours, peaking at $0.010, its highest level since February 2. Compared to its yearly low, MAPO has increased by more than 153%, bringing its market capitalization to $53 million.
MAP Protocol is a Layer-2 network for Bitcoin, focusing on peer-to-peer cross-chain trading. The recent growth has been driven by a surge in TVL (Total Value Locked), which reached $23.3 million, the highest since February. DApps in the ecosystem such as HiveSwap, StaQ, and Butter Network have also expanded their assets and transactions.
However, the current RSI is up to 93, indicating an overbought condition. This could lead to a short-term correction if investors start to take profits.
Useless Coin hits new high meme coin craze continues
While MAP Protocol is growing due to its technological foundation, Useless Coin (USELESS) a meme coin on the Solana system is peaking due to FOMO and community effects. USELESS token price hits all-time high at $0.078, up more than 1,245% from its early-year low.
Despite its lack of tangible utility, USELESS has attracted investors due to its strong community and speculative sentiment. Technical analysis shows USELESS forming a “cup and handle” pattern a classic bullish signal with a potential target of $0.090, well above the current price.
Terra Luna Classic (LUNC) rallies on surging token burn
LUNC’s price rose more than 10% on Saturday, reacting positively to the news that more than 234 million LUNC were burned in the past week, bringing the total burned token to 410 billion.
From a technical perspective, LUNC is forming a double bottom pattern with a neckline at $0.00007253. If this level is broken, LUNC could continue its rally to the next resistance zone at $0.0001135, which corresponds to the 50% Fibonacci retracement level.
In addition, LUNC is in the accumulation phase of the Wyckoff Theory, suggesting a long-term recovery if volume and sentiment continue to support.
Bitcoin surpasses $105,000 a boost for altcoins?
Bitcoin has broken out to $105,000, a new high in 2025. This bullish momentum comes from:
Fed rate cut expectations as May CPI is lower than expected.
Institutional capital continues to flow into Bitcoin ETFs.
Positive sentiment is spreading across the market.
Bitcoin's rally is triggering a widespread bullish wave in the altcoin market, especially Layer-2 projects, meme coins, and tokens with strong burning activities.
Conclusion
As Bitcoin breaks new highs, altcoins like MAP Protocol, Useless Coin, and LUNC are taking advantage of the opportunity to accelerate. Each project has its own story from cross-chain infrastructure, humorous coin memes, to efforts to revive old ecosystems. However, with the overheated growth, investors need to be cautious of short-term corrections, especially when the market is operating in a state of euphoria.
