Hey there, crypto enthusiasts! If you’ve been scrolling through X lately, you might have stumbled upon an intriguing post by José Rojas that’s got the meme coin community buzzing. Posted on August 10, 2025, at 14:31 UTC, José throws a curveball at traditional finance by suggesting we ditch the CFA (Chartered Financial Analyst) playbook and build a strong investment thesis around memecoins—like the hilariously named $USELESS. Let’s dive into this thread and unpack what it’s all about!

The Spark: A Satirical Take on Memecoins

José’s post quotes an earlier thread by Unipcs (aka 'Bonk Guy'), who humorously calls out a slew of popular memecoins like $DOGE, $SHIB, $PEPE, and even $TRUMP as “USELESS.” With a combined market cap of $43.25 billion (later revised to $71 billion with $ADA added), Unipcs points out the irony that $USELESS—a coin designed to satirize the very idea of memecoins—sits at a modest $250 million market cap. The argument? If all memecoins are useless by design, then $USELESS might just be the ultimate champion of this quirky niche.

José takes this a step further, suggesting that this satirical lens could be the foundation of a solid investment thesis. It’s a bold move, and the replies to his post are a mix of laughter, agreement, and more meme coin suggestions—think $ETH and $lore joining the “useless” party.

Why Memecoins Matter

For those new to the scene, memecoins are cryptocurrencies inspired by internet memes, often lacking the utility of “serious” blockchain projects like Ethereum. Take Dogecoin, for instance—it started as a joke in 2013 but now boasts a massive following and market cap. According to CoinMarketCap, the meme coin market is volatile yet alluring, with some investors turning small stakes into fortunes during boom cycles.

$USELESS, a Solana-based token, takes this to the next level by embracing its lack of utility as a selling point. As noted on CoinMarketCap, it’s trading at around $0.2097 with a $209 million market cap (as of recent data). Its rise reflects a growing trend: investors are drawn to the cultural vibe and community hype, not just technical fundamentals.

Crafting an Investment Thesis with a Twist

So, how do you build an investment thesis around something “useless”? José’s post hints at a strategy rooted in humor and market psychology. Here’s a breakdown:

• Cultural Appeal: Memecoins thrive on social media buzz. The X thread’s viral nature, complete with images like the chaotic meme collage from Unipcs (featuring Shrek, Hulk, and a bold “anus” overlay), shows how community engagement drives value.
• Market Timing: The thread suggests memecoins peak during altcoin seasons or cultural moments (e.g., elections, as per Medium’s tokenized attention thesis). With $USELESS down from its all-time high, a rebound could be on the horizon.
• Risk and Reward: As Coinspeaker warns, memecoins are high-risk. But their low entry cost and potential for 5x returns (per Medium) make them a gambler’s delight.

The Community’s Reaction

The replies to José’s post are a goldmine of crypto humor. Unipcs doubles down with a meme-laden response, while others like @Olachad99 toss in $ETH as “useless” and share a glittering troll face image. Comments range from “Am CFA, can confirm” to “Memecoins are a joke, but people still throw money at them”—a perfect encapsulation of the absurdity and allure.

Is This the Future of Investing?

José’s thread isn’t just a laugh—it’s a commentary on how finance is evolving. Traditional CFA training emphasizes fundamentals like revenue and growth, but memecoins flip the script, banking on trends and virality. Whether $USELESS will dominate or fade, it’s clear the meme coin market—valued at billions— isn’t going anywhere soon.

So, what do you think? Ready to toss the CFA textbook and bet on a coin that owns its “uselessness”? Drop your thoughts in the comments, and stay tuned to meme-insider.com for more deep dives into the wild world of meme tokens!