Hey there, crypto enthusiasts! If you’ve been keeping an eye on the wild world of meme coins, you’ve probably heard the latest buzz. On July 5, 2025, Useless Coin (@theuselesscoin) dropped a bombshell on X, announcing that it has flipped Franklin Covey Co. in market cap. That’s right—this quirky meme coin, with a market cap of $290 million, has overtaken a well-established company valued at $287 million. Let’s dive into what this means and why it’s got the crypto community talking.

What’s the Big Deal?

For those unfamiliar, Franklin Covey Co. is a global leader in time management and leadership training, operating in over 160 countries. They’re the folks behind popular programs like The 7 Habits of Highly Effective People. On the other hand, Useless Coin is a meme coin—think of it as a cryptocurrency born from humor and community hype, often built on blockchains like Solana. The tweet’s playful jab, “While they save time, USELESS coin wastes time. Time well wasted,” sums up the ironic twist: a coin with no practical use has outvalued a company focused on productivity!

This flip isn’t just a fun fact—it’s a sign of how meme coins have evolved. With a market cap calculated by multiplying its token price by its circulating supply (1 billion tokens, according to CoinGecko), Useless Coin’s rise shows the power of community-driven hype and speculative trading. As of now, its 24-hour trading volume is a hefty $25 million, with a 20.3% increase signaling growing interest.

Why Meme Coins Are Taking Off

Meme coins like Useless Coin thrive on creativity and community engagement. Unlike Bitcoin or Ethereum, which focus on utility or smart contracts, meme coins are often altcoins inspired by trends or jokes—think Dogecoin or Shiba Inu. According to Investopedia, they’re created to build a community and can be traded or used for peer-to-peer payments. Useless Coin fits this mold perfectly, embracing its “uselessness” as a brand.

The thread on X shows the excitement, with users like @Chairman_DN sharing price charts and @lone_gray2 posting artistic coin visuals. Some predict a $1 billion market cap soon, while others humorously call it a win for “useless people.” This mix of satire and speculation is what fuels meme coins’ growth, especially on platforms like Solana, known for fast transactions and low fees.

The Franklin Covey Comparison

So, how does a training company stack up against a meme coin? Franklin Covey’s market cap reflects its established business, with revenue from training programs and online platforms like All Access Pass (Yahoo Finance). But Useless Coin’s surge highlights a key difference: meme coins don’t need a product—they rely on market sentiment. With a fully diluted valuation (FDV) of around $2.6 million in BTC, Useless Coin’s potential upside is still up in the air, but its current momentum is undeniable.

What’s Next for Useless Coin?

As of 09:19 PM +07 on July 5, 2025, the crypto world is watching closely. The tweet’s timing—early morning UTC—coincided with a spike in trading volume, suggesting coordinated hype. Whether Useless Coin can sustain this growth or fade like many meme coins remains to be seen. For blockchain practitioners, this is a chance to study market dynamics and community-driven value.

At Meme Insider, we’ll keep you updated on Useless Coin and other meme tokens. Want to dive deeper? Check out our knowledge base for the latest on blockchain trends and how to navigate this space. What do you think—will Useless Coin keep climbing, or is this just a fleeting moment of “time well wasted”? Drop your thoughts below!