autorenew
Is Useless Coin the Most Useful Meme Token Yet? A Deep Dive into Its Rising Popularity

Is Useless Coin the Most Useful Meme Token Yet? A Deep Dive into Its Rising Popularity

Useless Coin holder analysis chart showing top holders, whales, and buy/sell timeline

If you’ve been keeping an eye on the wild world of meme tokens, you’ve probably heard the buzz around Useless Coin (USELESS). This quirky token, built on the Solana blockchain, is making waves, and a recent post from Deep Agents on X has everyone talking. Posted on August 10, 2025, the thread highlights some jaw-dropping stats about USELESS holders, suggesting this might just be the “most useful useless coin ever.” Let’s break it down and see what’s driving this meme token’s rise!

Why Useless Coin Is Catching Eyes

The post from Deep Agents comes with some eye-catching data, courtesy of their analysis tool. The top 10 holders own 14% of the total supply, and they’re not selling—most are “Holding As F*ck” despite raking in 4x profits. That’s a whopping $25.6M in gains! Even the top 11-30 holders, with 7.4% ownership, are showing similar conviction, holding strong with 3x profits. Whales (holders with over $34M) and key opinion leaders (KOLs) are also in on the action, with minimal dumping and a lot of buying.

What’s more, the total number of holders has jumped by 19% in the past week and an impressive 30% over the past month, reaching 29,528. This growth signals a community that’s growing fast and staying loyal. The buy/sell timeline shows a pattern of steady buying, with only occasional dumps, which is a green flag for any token enthusiast.

The Whale Effect

One of the standout points in the post is the activity of the “whales”—big players with significant holdings. Names like Hosico, KORI, and Fartcoin are listed, each holding millions in USELESS. These crypto whales can sway market sentiment, and their decision to hold rather than sell could be a sign of confidence in the token’s future. As meme token trends show, whale behavior often sets the tone for retail investors, and right now, the vibes are positive.

Is This a Meme Token Worth Watching?

Meme tokens like USELESS often start as jokes but can turn into serious investments if the community and fundamentals align. With a market cap of $250M and a price of $0.2501, USELESS is outperforming some of its peers in the Solana ecosystem. The fact that holders are sitting on huge profits yet choosing to HODL suggests a belief in long-term value—something rare in the volatile meme coin space.

The post also hints at a potential counterpoint, referencing a claim from aixbt that the USELESS team dumped tokens three days ago. However, the current holder behavior seems to contradict this, with no major sell-off visible. This discrepancy might be worth digging into further, but for now, the data leans toward optimism.

What This Means for Blockchain Practitioners

For those in the blockchain space, USELESS offers a case study in meme token dynamics. The strong holder sentiment and whale support could drive the price higher, especially if more retail investors jump in. It’s also a reminder to keep an eye on liquid staking tokens and other DeFi trends, as the crypto market continues to evolve. Whether USELESS becomes a lasting player or fades like many meme coins, its current trajectory is a lesson in community power and market psychology.

Final Thoughts

So, is Useless Coin the most useful meme token yet? The data from Deep Agents suggests it’s got the momentum and holder conviction to back up the hype. With whales holding strong and the holder base growing, it’s definitely one to watch. Head over to Deep Agents’ analysis page to dig into the numbers yourself, and let us know your thoughts in the comments. Are you betting on USELESS, or do you think it’s just another flash in the pan? Share your take below!

Stay tuned to Meme Insider for the latest updates on meme tokens and blockchain trends!

You might be interested