In the fast-paced world of meme tokens, where hype can make or break a project overnight, a recent tweet from crypto enthusiast @0xLunic has sparked quite the conversation. The post highlights something we haven't seen in a while: a meme coin snagging a spot listing on a top-tier centralized exchange (CEX) like Coinbase. For those new to the scene, a spot listing means you can buy and sell the token directly with fiat or other cryptos on the exchange, without futures or derivatives involved. It's a big deal because it boosts liquidity, attracts retail investors, and adds a layer of legitimacy.
The tweet in question reads: "it's been a while since we saw meme coin's T1 CEX spot listing #useless coinbase spot listing signals that it will finally reach the 1B+ milestone, leaving many skeptics behind now it is inevitable." You can check out the original tweet here.
What's Useless Coin All About?
Useless Coin ($USELESS) is a Solana-based meme token that's been turning heads in the crypto community. Launched on the Solana blockchain—known for its high speed and low transaction fees—$USELESS embodies the playful, ironic spirit of meme coins. It's not trying to revolutionize finance; instead, it leans into the "useless" narrative as a fun, community-driven project. But don't let the name fool you; its recent moves suggest it's anything but irrelevant.
As of now, $USELESS is trading around $0.25, with a market cap hovering at about $248 million. With nearly 1 billion tokens in circulation, it's still got room to grow before hitting that coveted $1 billion mark. The coin saw a massive 40%+ surge in price following the listing announcements, with trading volumes spiking over $200 million in a single day.
The Coinbase Effect: Why This Listing Matters
Coinbase, one of the biggest names in crypto exchanges, added $USELESS to its listing roadmap, which is essentially a heads-up that trading will go live soon. This came hot on the heels of listings on Kraken and Binance US—all in the same day! For meme tokens, which often thrive on decentralized exchanges (DEXs) like those on Solana, a T1 CEX listing is like getting a golden ticket. It opens the floodgates for mainstream adoption, as everyday investors who prefer user-friendly platforms can now jump in without navigating complex wallets.
Why is this a signal for $1B+? Historically, meme coins like Dogecoin or Pepe have exploded after major listings because they draw in "normies"—regular folks outside the crypto bubble. Skeptics who shorted $USELESS (betting on its price to drop) might be eating their words as the token gains traction. As @0xLunic points out, it's "inevitable" now. The legitimacy from Coinbase could silence doubters and fuel a rally, especially with Solana's ecosystem booming amid broader market recoveries in Ethereum and Solana prices.
Community Buzz and Future Potential
The X (formerly Twitter) community is buzzing. Replies to the tweet range from excitement about other meme coins like $KORI potentially following suit, to debates on whether this is the start of a new alt season—a period where alternative coins outperform Bitcoin. Some users are even comparing $USELESS to timeless memes like $TROLL, arguing that while listings are great, true staying power comes from cultural relevance.
At Meme Insider, we see this as a prime example of how meme tokens are evolving. They're no longer just jokes; they're becoming accessible assets with real market impact. If $USELESS hits $1B, it could inspire a wave of similar projects, emphasizing the importance of strong communities and strategic partnerships—like its ties to the Bonk ecosystem via launchpads that actively support their tokens.
Should You Jump In?
If you're a blockchain practitioner looking to dip into memes, $USELESS offers an intriguing case study. Keep an eye on on-chain activity, volume trends, and any further exchange announcements. Remember, meme coins are volatile—do your own research (DYOR) and only invest what you can afford to lose. For more on emerging meme trends, stick with us at meme-insider.com.
What do you think—will $USELESS prove the skeptics wrong and smash that $1B ceiling? Drop your thoughts in the comments below!