Hey there, meme coin enthusiasts! If you’ve been scrolling through X lately, you might have stumbled upon a thread by Kadense Pengu that’s got the crypto community buzzing. Posted on June 30, 2025, at 05:07 UTC, this thread dives deep into the potential of #USELESS, dubbed "The Cabal Coin," and its meteoric rise on the Solana blockchain. Let’s break it down and see if this could be the next big thing in the wild world of meme tokens!

The Rise of Useless Coin: A Meme Coin with a Story

Kadense kicks off with a bold claim: #USELESS might just be the breakout meme coin of 2025. The thread includes two eye-catching charts created with TradingView, showing the coin’s price action over time. Check out the first chart:

This chart highlights a dramatic drop from a $40M market cap down to $5M—a nearly 90% decline—followed by a recent breakout. Kadense points out that this gave early investors plenty of time to accumulate at discounted prices, setting the stage for a potential explosive move. The second chart offers a longer-term view:

Here, you can see the coin languishing at low levels before its recent surge, drawing parallels to the BONK pump in 2022, which saw an 8000% rise to a $3.5B market cap.

Why the Hype? Community and Timing

So, what’s driving this excitement? Kadense suggests it’s the community behind #USELESS. Unlike typical meme coins pushed by big-name influencers (KOLs), this one has flown under the radar, with fresh wallets jumping in at current levels. The lack of major centralized exchange (CEX) listings hasn’t slowed it down either, and Pengu from the BONK ecosystem has pledged support, adding fuel to the fire.

The thread also nods to a historical rhyme: just like BONK’s quiet 2023 before its massive October breakout, #USELESS might be on the cusp of a similar trajectory. Kadense quips, “History doesn’t repeat, but it often rhymes,” hinting at a self-reinforcing loop of hype and price action once media attention kicks in.

The Skeptics and the Cope

Of course, not everyone’s on board. Some X users, like the one calling it “#worthless,” are skeptical. But Kadense turns this into a positive, suggesting that the louder the “cope” (crypto slang for denial or frustration from non-believers), the higher #USELESS might climb. This psychological angle adds an intriguing layer to the narrative—community sentiment could be the real driver here.

What This Means for Meme Coin Investors

If you’re into meme coins, #USELESS offers a fascinating case study. Its roots in the Solana blockchain, known for fast transactions and low fees, make it a solid platform for such tokens. The thread’s mention of a potential “escape velocity reflexivity loop”—where hype feeds price, which feeds more hype—mirrors patterns seen with coins like Dogecoin or BONK. Plus, with no major CEX listings yet, early adopters might still have a chance to get in before the big players arrive.

Final Thoughts

As of 03:50 PM JST on June 30, 2025, the #USELESS story is still unfolding. Whether it’ll follow BONK’s footsteps or fizzle out remains to be seen, but the community buzz and historical parallels are hard to ignore. If you’re thinking of diving in, do your homework—meme coins are a rollercoaster! Keep an eye on meme-insider.com for the latest updates and insights to stay ahead in this crazy crypto game.

What do you think? Is #USELESS the next meme coin to watch, or just another flash in the pan? Drop your thoughts in the comments below!