In the fast-paced world of cryptocurrency, where hype can build and crumble overnight, a recent thread from Unipcs—better known as "Bonk Guy"—has sparked conversations about the true value (or lack thereof) in the market. Posting on X (formerly Twitter), Unipcs argues that the explosion of memecoins and so-called utility projects is actually a massive boon for one particular token: $USELESS. If you're new to this, memecoins are cryptocurrencies born from internet memes, often with little to no practical utility, relying instead on community buzz and viral appeal. Utility coins, on the other hand, promise real-world applications like payments or decentralized finance tools.

Unipcs points out that with hundreds of millions of memecoins expected to flood the market this cycle, $USELESS stands out as the original "useless" token that embraces its absurdity. Launched on the Solana blockchain, $USELESS has gained traction as a pure meme play, with its price hovering around $0.38 to $0.40 USD and a 24-hour trading volume exceeding $95 million, according to data from CoinGecko and CoinMarketCap. The token's appeal? It doesn't pretend to be anything more than what 99.99% of crypto projects allegedly are: useless.

The Pretend Utility Trap

Diving deeper, Unipcs warns about the rise of "pretend utility coins"—projects that hype innovative tech but often end up as vaporware with predatory tokenomics. These could hit tens of billions in market cap before crashing spectacularly, leaving investors burned. He predicts a consensus will emerge on the uselessness of most crypto, pushing $USELESS into the spotlight due to its honest branding and growing community.

To illustrate, Unipcs references the recent rollercoaster with Plasma, a Layer 1 blockchain designed for instant USDT payments with EVM compatibility. Plasma's token, $XPL, launched with massive buzz, boasting a market cap over $1.3 billion and prices around $0.75 to $0.86 USD, as per CoinMarketCap and CoinGecko. Just weeks ago, Crypto Twitter (CT) was abuzz, claiming Plasma would flip Tron ($TRX) and challenge Tether's dominance. But sentiments flipped fast, with many now deriding it.

Real-World Sentiment Shifts: The Kale Abe Example

A perfect example shared in the thread is a screenshot of prominent trader Kale Abe's frustration. Abe calls Plasma "the biggest piece of shin" he's ever traded, lamenting how it's holding back his bet on $Trillions, a meme play he sees as one of the best. He owns zero Plasma and just wants it to pump so $Trillions can follow. The exchange escalates hilariously with user CV suggesting Abe sell $Trillions for $USELESS to outperform everything. Abe retorts that he already holds more $USELESS than CV can comprehend, leading to a back-and-forth ending with Abe joking about renting out his kidneys for more.

This banter underscores Unipcs' point: sentiments in crypto change rapidly. What was hailed as the "future of finance" yesterday becomes a punchline today. Unipcs isn't bashing Plasma's tech—he notes smart people vouch for it—but uses it to show how hype cycles expose the industry's flaws.

Why $USELESS Could Win Big

Unipcs wraps up by contrasting the grind of researching whitepapers and dev forums with simply betting on $USELESS as a proxy for the market's inherent uselessness. He bets retail investors will flock to it, especially as more projects fail. Quoting Ecclesiastes, he emphasizes that nothing's truly new under the sun in crypto.

For meme token enthusiasts, this thread is a reminder that in a sea of pretenders, honesty can be a superpower. $USELESS isn't just a coin; it's a meta-commentary on the space. If Unipcs is right, we could see it outperform as the cycle peaks. Check out the full thread here and join the discussion—after all, in memes, community is king.

Looking Ahead in Meme Tokens

As we track these trends at Meme Insider, threads like this highlight why memecoins remain resilient. They're not about utility; they're about narrative and fun. Whether $USELESS lives up to the hype or Plasma rebounds, one thing's clear: crypto's volatility keeps us all on our toes. Stay tuned for more insights on emerging meme plays and blockchain news.