Unipcs, known as the 'Bonk Guy' on X, recently highlighted an intriguing trend in the meme coin market. On June 30, 2025, Unipcs tweeted about the continued accumulation of smart money into $USELESS, a Solana-based meme coin. This accumulation marks the second consecutive day of significant investment, even as the broader meme coin market experienced more outflows than inflows. Let's break down this development and explore what it might mean for investors and the meme coin ecosystem.
The Context of Smart Money Accumulation
To understand the significance of this trend, it's essential to consider the broader market context. According to data shared by Stalkchain, a platform that tracks on-chain activities, the meme coin market saw a net outflow of $203,000 on June 29, 2025. Despite this, $USELESS bucked the trend with a substantial inflow of $136,000. This discrepancy suggests a targeted interest in $USELESS, possibly driven by strategic investors looking for the next big opportunity.
The image above, originally posted by Stalkchain, illustrates the inflows and outflows across various meme coins. While many saw red, $USELESS stood out with a notable green bar, indicating positive smart money activity.
Why $USELESS?
So, what makes $USELESS an attractive option for smart money? Several factors could be at play:
1. Market Positioning and Growth Potential
$USELESS has shown impressive performance recently. According to CoinGecko, the coin experienced a 60.70% price increase over the last seven days, significantly outperforming both the global cryptocurrency market and other Solana ecosystem tokens. This growth trajectory might be attracting investors who believe in its continued upward momentum.
2. Community and Narrative
Meme coins often thrive on strong community support and compelling narratives. $USELESS, with its unique branding and active community, might be resonating with investors who value these aspects. The coin's origins on Pump.Fun, a platform known for launching viral meme coins, add to its allure.
3. Smart Money's Predictive Power
Smart money, typically comprising institutional investors and experienced traders, often moves before broader market trends become apparent. Their accumulation of $USELESS could signal an upcoming rally or increased market interest. This predictive behavior is a key reason why many in the crypto space pay close attention to such movements.
Implications for the Meme Coin Market
The accumulation of smart money into $USELESS amidst a backdrop of market outflows raises several questions about the future of meme coins on Solana:
- Is $USELESS the next big thing? The consistent interest from smart money suggests that $USELESS might be poised for further growth. However, meme coins are notoriously volatile, and past performance is not always indicative of future results.
- What does this mean for other Solana meme coins? The outflows in other coins like $GOR, $MORI, and $PENGU indicate a shift in investor focus. This could either be a temporary reallocation of funds or a sign of broader market fatigue with certain tokens.
- How will this affect Solana's ecosystem? Increased activity in $USELESS could boost transaction volumes and network usage on Solana, potentially benefiting the entire ecosystem.
Conclusion
The smart money's continued accumulation into $USELESS on Solana is a trend worth watching. It highlights the dynamic nature of the meme coin market and the strategic decisions made by seasoned investors. For those interested in meme coins, $USELESS presents an opportunity to consider, but as always, thorough research and caution are advised given the inherent risks.
Stay tuned to Meme Insider for more updates on meme coin trends and insights into the evolving blockchain landscape.