Hey there, meme coin enthusiasts! If you’ve been scrolling through Crypto Twitter (CT) lately, you might have stumbled across a fascinating thread by Unipcs (aka 'Bonk Guy') that dives into the early days of Shiba Inu (SHIB) and draws some intriguing parallels with today’s Useless Coin ($USELESS). Posted on June 29, 2025, this thread is a goldmine for anyone looking to understand the wild world of meme coins. Let’s break it down and see what we can learn!

The SHIB Fade: A Blast from the Past

Unipcs kicks off with a nostalgic look at SHIB’s rocky start. Back in mid-2020, when SHIB launched, most of CT wasn’t impressed. They dismissed it as a “low-effort Dogecoin clone” or a “useless dog coin” with no real value. Ouch! The sentiment was harsh—people called it a scam, a Ponzi scheme, or just a “cash grab rug” with zero fundamentals. Even worse, those brave enough to buy it were mocked as “retail exit liquidity,” meaning they were seen as suckers holding the bag for bigger players.

The thread includes some eye-opening images that lay it all out. Check this out:

These visuals highlight the common Fear, Uncertainty, and Doubt (FUD) narratives at the time: “No utility,” “No whitepaper,” “Just a copycat of DOGE but worse,” and predictions of it going to zero. Sound familiar? That’s the hook Unipcs uses to tie this to today’s market.

From FUD to Moon: SHIB’s Turnaround

Despite the hate, SHIB didn’t just survive—it thrived! By early 2021, it rallied from near-zero to a $1 billion+ market cap. How? A mix of trending on TikTok, listings on Robinhood, and a surge of retail attention turned the tide. CT eventually hopped on board after a 100x run, proving that fading a meme coin too early can be a costly mistake. Unipcs points out this pattern: CT often hates on meme coins until they’ve already “mooned.”

Useless Coin: The Next SHIB?

Here’s where it gets juicy. Unipcs quotes Miyamoto’s post about $USELESS, suggesting the current sentiment might mirror SHIB’s early days. Miyamoto, who’s held $USELESS since its bottom and top-blasted it eight times without selling, believes the higher it goes, the more attractive it becomes. This echoes SHIB’s journey from ridicule to riches. Could $USELESS be the next big thing? Unipcs seems to think so, dropping a cheeky “👀” to hint at the potential.

For those new to this, “top-blasting” means buying more as the price peaks, betting on further growth—a risky but bold move. It’s a strategy that worked for some SHIB holders who ignored the FUD and rode the wave.

What This Means for Meme Coin Investors

So, what’s the takeaway? History doesn’t repeat itself exactly, but it often rhymes. If $USELESS follows SHIB’s path, the current skepticism could be a sign of things to come. Here are a few tips for navigating this space:

• Watch the Sentiment: Keep an eye on CT chatter. A shift from hate to hype can signal a turning point.
• Do Your Homework: Meme coins lack fundamentals, so research community strength and exchange listings (like LBank for $USELESS).
• Timing is Key: Jumping in too early can mean facing FUD, but waiting too long might mean missing the rocket.

Join the Conversation

What do you think? Is $USELESS the next SHIB, or are we heading for another fade? Drop your thoughts in the comments below or join the discussion on meme-insider.com/community. For more deep dives into meme coin trends, check out our Meme Coin Knowledge Base. And if you’re new to this, our Beginner’s Guide to Meme Tokens is a great place to start!

Let’s keep the meme coin revolution going—stay curious, stay informed!