The world of cryptocurrency is no stranger to wild rides, and the latest buzz is all about the USELESS memecoin, a Solana-based token that’s capturing attention from both retail and institutional investors. On July 27, 2025, at 14:17 UTC, a tweet from @incomingcapital sparked a conversation that’s got the crypto community buzzing. Let’s break it down and see why this “useless” coin might just be the next big thing.

What’s the Buzz About USELESS?

The tweet, part of a thread initiated by @theunipcs, the so-called “Bonk Guy,” highlights an intriguing development: an institutional allocator has taken notice of USELESS. This isn’t just another meme coin thrown into the mix—it's being hailed as a “final boss memecoin” with the potential to hit a multi-billion market cap. The thread includes screenshots from a trading platform showing USELESS alongside other hot tokens like BONK and MOODENG, with a net flow of significant funds.

What makes this stand out? The allocator describes USELESS as a coin that “monetizes attention with a shameless admission as to what it really is.” In other words, it’s a memecoin that doesn’t pretend to have grand utility—it’s a playful jab at the speculative nature of crypto, and that honesty seems to be paying off.

Why Institutions Are Taking Notice

Institutional interest in memecoins isn’t new, but the scale here is eye-catching. According to a report from Bybit, institutional holdings in memecoins jumped by 226% between February and March 2024, peaking at $293.7 million. While that figure has dipped due to market volatility, the trend suggests big players are starting to see value in these quirky assets. USELESS, with its ironic branding and ties to the Bonk Fun ecosystem, fits right into this narrative.

The tweet suggests that regulatory frameworks for crypto are evolving, potentially limiting US investors’ access to memecoins long-term. Yet, USELESS is positioned as a tribute to the wild, unregulated spirit of early crypto—making it a last hurrah for narrative-driven gains. The allocator’s modeling of a multi-billion market cap adds fuel to the fire, hinting at a potential 5x or 10x surge.

The Bonk Connection and Community Hype

USELESS isn’t operating in a vacuum. It’s part of the broader Bonk ecosystem, which includes tokens like BONK and MOODENG that have seen explosive growth. Recent posts on X show MOODENG hitting a $100K market cap with a $300K trading volume in just a day, while BONK and USELESS lead the pack with net flows nearing $2 million in 72 hours. This ecosystem thrives on community engagement, a key driver for memecoin success.

The thread’s replies, including one from @bhole16z, reinforce this hype. The community is active, with users like @_e_mosque jumping in to quote related posts about MOODENG’s rise. This social momentum, combined with institutional backing, could propel USELESS into the spotlight.

What Does This Mean for the Future?

So, is USELESS the next big thing? It’s too early to say for sure, but the signs are promising. Memecoins like Dogecoin and Shiba Inu have shown that community hype and a sprinkle of luck can turn a joke into a jackpot. With institutions now in the game, the stakes are higher. However, the lack of utility and regulatory risks mean it’s a high-risk, high-reward play.

For blockchain practitioners and crypto enthusiasts, this is a chance to watch a trend unfold in real-time. Whether USELESS becomes a multi-billion coin or fades into obscurity, its story offers valuable lessons about market dynamics and the power of narrative in crypto.

Final Thoughts

The tweet from @incomingcapital isn’t just noise—it’s a window into the evolving world of memecoins. As an institutional allocator dives into USELESS, the line between “useless” and “valuable” blurs. Keep an eye on meme-insider.com for more updates on this and other memecoin trends, and let us know your thoughts in the comments below!