USELESS: The $100 Million Memecoin That’s Too Ironic to Ignore

In crypto, irony often pays. And nothing proves that more than the meteoric rise of a token called USELESS. That’s right—a coin proudly calling itself useless just hit a $100 million market cap.

It sounds like satire, but it’s real. And the crypto world is loving it.

The Meme Behind the Madness

Everyone outside the crypto bubble—from billionaires to bankers—loves to call crypto useless. You’ve heard it before. “It’s just a scam,” “Digital tulips,” or the classic Bill Gates line, “Cryptocurrency is USELESS.”

Crypto is useless
Crypto is useless

Now, imagine taking that criticism and flipping it into a rallying cry. That’s exactly what the USELESS coin did.

There’s no utility here. No promises of AI, L2 scaling, real-world assets, or staking rewards. Just pure memecoin energy, fueled by sarcasm and a good sense of humor.

USELESS launched recently on LetsBONK.fun, a meme coin launchpad built within the Solana-based BONK ecosystem. This platform allows anyone to spin up a token in minutes. But USELESS stood out fast.

Within days, it went viral on X. Memes exploded. Screenshots of headlines with “USELESS coin hits $100 million” started circulating. Traders couldn’t stop laughing—and buying.

Crypto influencer Wu Blockchain was among the first to post the news, amplifying it to a wider audience. And as more people mocked it, more people bought it. That’s the trick.

The More They Mock It, The Higher It Goes

What makes USELESS so unique is how it weaponizes the hate. Every time someone outside crypto says “see, crypto is useless,” they accidentally promote it.

Cryptocurrency Useless
Cryptocurrency Useless

That’s the beauty of this coin. It feeds on criticism. It grows stronger when it’s ridiculed. And the headlines basically write themselves.

“USELESS hits $50M.”
“USELESS hits $100M.”
“What’s next? $1 billion for a joke?”

It’s a self-aware memecoin that doesn’t even try to be serious. And that might just be why it’s working.

A Wild Price Ride from $0.004 to $0.10

In early June, USELESS dipped to its all-time low of $0.004. But it didn’t stay there long. A massive bounce followed, sending the price to a high of $0.10—a 2,000% rally.

Even after some pullback, it was still trading around $0.08 at press time. That’s a 15% daily gain and over 480% weekly increase. CoinGecko ranked it among the most trending tokens, with a majority of users staying bullish.

And it’s not just hype. Trading volume also soared to $23.22 million in 24 hours, showing strong community interest and momentum.

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One Whale, One Massive Bet

One of the early believers, a Bonk community member known as Unipcs aka “bonk guy”, made a bold move. They bought 2.8% of the total USELESS supply for just under $382,000.

That investment? Now worth over $2.3 million—and growing.

Even more surprising: they haven’t sold a single token.

In their own words:

“I only have the kind of strong conviction I have exhibited about USELESS coin because I genuinely believe it is the strongest memecoin narrative to emerge from the trenches this year, and one of the strongest memecoin narratives ever.”

Big claim? Maybe. But so far, the numbers back it up.

BonkGuy on Useless
Bonk Guy on Useless

Where to Buy USELESS

Want to grab some USELESS? It’s available on Solana-based DEXs like Jupiter and Photon. It’s also listed on MEXC, making it accessible for both on-chain and centralized exchange users.

As always, do your own research before buying any memecoin—especially one that tells you upfront that it’s useless.

Useless Coin on Photon
Useless Coin on Photon

Why USELESS Might Just Be the Most Honest Coin Ever

Here’s the twist. In a world full of tokens pretending to change the world, USELESS does the opposite. It promises nothing. It delivers memes.

There’s no whitepaper. No vision. Promises of an ecosystem coming soon? Probably not. There won’t be staking—no launchpad or roadmap.

It simply exists because crypto lets it exist. And sometimes, that’s enough.

Ironically, that’s also what makes it valuable—at least to the people who get the joke.

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A Final Thought

Normally, we skip low caps and ironic launches. But USELESS stood out.

It’s funny. It’s got community. And it’s even got some whale backing. So we grabbed a small bag, traded some, and are just along for the ride.

Whether it fizzles tomorrow or climbs to even crazier heights, one thing is clear:

The memecoin market just got a lot more USELESS—and we kind of love it for that.

If you enjoyed this blog, check out our latest blog on the hype of TON NFTs.

As always, don’t forget to claim your bonus below on Bybit. See you next time!

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