Hey there, meme coin enthusiasts! If you’ve been keeping an eye on the crypto space, you’ve probably heard the buzz about USELESS coin, a quirky token that’s been making waves in the Solana ecosystem. Today, we’ve got some exciting news straight from the X thread by @theunipcs: Bybit, one of the world’s top cryptocurrency exchanges, has just listed the USELESS/USDT perpetual contract in its Innovation Zone, offering up to 12.5x leverage. Let’s break this down and explore what this means for traders and the meme coin community.

What’s the Big Deal with This Listing?

For those new to the game, a perpetual contract is a type of futures contract that doesn’t have an expiration date, allowing traders to hold positions as long as they want (as long as they manage their margin). The addition of 12.5x leverage means you can amplify your trading position by up to 12.5 times your initial investment—great for maximizing profits, but also a heads-up for the risks involved. Bybit’s move to list USELESS coin in this way signals strong interest from major players in the crypto world.

The thread highlights that this listing came out of the blue, with no direct contact between Bybit and the USELESS coin team. This organic adoption is a big win, showing that even a token with a humorous name and a polarizing reputation can catch the eye of giants like Bybit, Binance, Coinbase, OKX, and Robinhood. According to the post, USELESS is already one of the most traded tokens on-chain this year, rivaling even TRUMP coin, which adds to the hype.

Why Are Traders Excited?

The excitement isn’t just about the listing—it’s about the potential. The post suggests that despite over 90% of the crypto Twitter (CT) community being sidelined or skeptical, the interest from retail investors, traditional finance (tradfi) funds, and even international players like the Chinese, Koreans, and oil-rich Arabs is driving this token’s momentum. This diverse interest could fuel some wild price action, especially with futures trading opening the door to both long and short positions.

Leverage trading can be a double-edged sword. On one hand, it offers the chance for significant gains if the market moves in your favor. On the other, it increases the risk of liquidation if the price swings against you—something the poster humorously warns about with a “be careful” nudge. For long-term holders, this could mean an “aggressive upside move” as short-sellers pile in, creating volatility that might benefit those betting on growth.

The Meme Coin Phenomenon

USELESS coin fits snugly into the meme coin category, a space dominated by tokens like Dogecoin and Shiba Inu that started as jokes but gained massive followings. What sets USELESS apart is its ability to thrive despite the hate, turning skepticism into a marketing goldmine. The thread’s mention of its performance compared to other Solana-based tokens underscores its unique position in this ecosystem.

Meme coins often ride waves of community hype and social media trends, and this Bybit listing could be the spark that sends USELESS to new heights. The thread’s follow-up posts, filled with celebratory images and playful comments, reflect the community’s enthusiasm, with some even joking about the “bonk guy” narrative or linking it to other tokens like TAP.

What to Watch For

As of 09:14 PM JST on July 10, 2025, this news is fresh, and the market is likely buzzing. Here are a few things to keep an eye on:

• Volatility: With leverage and futures in play, expect some wild price swings. This could be a rollercoaster for traders.
• Community Response: The X thread shows a mix of excitement and humor—will this translate to more adoption?
• Broader Impact: If USELESS continues to attract big exchanges, it might pave the way for other meme coins to get similar treatment.

Final Thoughts

Bybit’s decision to list the USELESS/USDT perpetual contract with 12.5x leverage is a bold move that could redefine how we view meme coins in the trading world. Whether you’re a seasoned trader or just dipping your toes into crypto, this is a moment to watch. Just remember to tread carefully with leverage—those liquidation risks are real! Head over to meme-insider.com for more updates on USELESS and other meme tokens, and let us know your thoughts in the comments below.

Happy trading, and may your meme coin journey be ever profitable!