Hey there, crypto enthusiasts! If you’ve been keeping an eye on the memecoin scene, you’ve probably heard the buzz around Useless Coin (USELESS). On July 23, 2025, at 09:19 UTC, the popular X account @theunipcs dropped some exciting news: USELESS just hit a new all-time high (ATH) with 25,014 holders. That’s right—more people are jumping on this Solana-based memecoin, and the chart is looking pretty impressive!

What’s Driving This Growth?

The tweet highlights some key factors behind USELESS’s rise. Over the past day, the coin saw a 35/0.14% increase in holders, with even bigger jumps over three days (470/1.91%) and seven days (779/3.21%). This steady growth suggests that new investors are eagerly scooping up tokens, especially when big sells hit the market. It’s a sign of strong community support, which is a big deal for any memecoin.

But it’s not just about numbers. The post points out that the token’s distribution is improving, with smaller wallets grabbing those large sell-offs. This could mean the coin is becoming more decentralized, a trait that often attracts smart money and whales—big players who can drive prices higher. Plus, with Solana (SOL) hitting $205 for the first time in six months, the entire Solana ecosystem is heating up, giving USELESS a perfect stage to shine.

Could USELESS Hit a $1 Billion Market Cap?

The tweet’s author is pretty bullish, suggesting that USELESS is “a beachball underwater waiting to explode.” They compare it to other memecoins like BONK, PENGU, and FARTCOIN, which have seen their market caps soar recently. USELESS has been consolidating around a $260M to $300M market cap for three weeks, and the aggressive accumulation at these levels hints at a high-conviction play—not just a quick pump and dump.

For context, memecoins that show similar patterns, like SPX and WIF, are now trading above $1 billion. With strong volume on both on-chain and centralized exchanges (CEXs), plus a growing international holder base (think Chinese, Korean, and Japanese investors), USELESS could be poised for a massive pump. The tweet even predicts a “face-melting” rise to a $1 billion+ market cap—bold words, but the fundamentals seem to back it up!

What to Watch For

While the outlook is exciting, memecoins are known for their wild volatility. Here are a few things to keep an eye on:

• Holder Growth: If the trend of new holders continues, it could signal sustained demand.
• Whale Activity: Smart money buying dips is a green light, but watch for sudden sell-offs.
• Market Conditions: With SOL and other memecoins like DOGE and FLOKI posting gains, the macro environment is ripe for lower-cap coins to explode.

The core holders’ conviction is also a positive sign—they’re holding strong through the ups and downs, betting on much higher targets. If you’re thinking about jumping in, it might be worth doing your own research (DYOR) and watching how the next few days play out.

Final Thoughts

Useless Coin is turning heads in the memecoin world, and with 25,014 holders as of today, it’s clear the hype is real. Whether it’s the improving distribution, the Solana ecosystem’s momentum, or the sheer community spirit, USELESS has the potential to be the next big thing. Could a $1 billion market cap be on the horizon? Only time will tell, but the signs are pointing upward. Stay tuned to meme-insider.com for the latest updates, and let us know your thoughts in the comments below!