In the wild world of meme coins, where utility often takes a backseat to hype and humor, $USELESS is making waves by staying true to its name—or is it? This Solana-based token, launched in May 2025, proudly declares itself as having no practical purpose, satirizing the flood of "utility-focused" projects in crypto. Yet, despite its self-deprecating vibe, it's just scored a major listing on edgeX, a high-performance perpetuals decentralized exchange (DEX) known for its slick trading experience and deep liquidity.

The news broke via a post from edgeX itself, announcing that "Liquidity meets $USELESS. Trade and find your edge on edgeX." Not long after, crypto influencer Unipcs (aka 'Bonk Guy') highlighted the irony, tweeting: "a new major perps DEX listing for $USELESS coin again, why are they listing a coin that claims to be blatantly useless? 😅" Check out the full thread here.

What's $USELESS All About?

$USELESS isn't your typical crypto project. Born on the Solana blockchain through platforms like pump.fun (or its variant LetsBONK.fun), it's a memecoin that embraces absurdity. With a total supply of around 999 million tokens and a current market cap hovering between $100M and $185M, it's priced at about $0.10-$0.18 per token, according to data from CoinMarketCap and CoinGecko. No whitepaper, no roadmap—just pure, unadulterated meme energy.

The token's appeal lies in its community-driven lore. As one reply in the thread put it, "The $Useless lore is unavoidable." Traders and holders revel in the joke, with comments like "Useless by design, everywhere by demand" capturing the spirit. It's a reminder that in the meme coin space, virality and fun can drive value just as much as tech features.

edgeX: The Perps DEX Powerhouse

edgeX is no small player. Launched in 2023, it's an orderbook-based perpetuals DEX that offers lightning-fast trades (sub-10ms execution), up to 100x leverage, and a user-friendly mobile app. It supports a wide range of pairs, including spot and futures trading, and has been gaining traction for its liquidity and ecosystem growth. While it started with Ethereum Layer-2 roots, it now caters to Solana assets, making it a perfect fit for meme coins like $USELESS.

This listing means $USELESS holders can now engage in leveraged trading, potentially amplifying the token's volatility and exposure. Perps (perpetual futures) allow traders to bet on price movements without owning the underlying asset, which is a big draw for speculative meme plays.

Community Reactions and the Irony Factor

The announcement sparked a mix of amusement and excitement in the replies. One user quipped, "That's so crazy dude," while another pondered, "maybe they see potential in the community or future use cases, who knows?" There's even a skeptical voice: "The joke is stale af now. Time to move on." But overall, the sentiment leans positive, with calls to "Come to $SUI brother" hinting at cross-chain rivalries.

The real kicker? A coin that markets itself as useless keeps landing on major platforms. As Unipcs points out, it's baffling yet brilliant. This could signal a broader trend where meme coins, powered by strong communities, gain legitimacy through listings on reputable DEXs.

Why This Matters for Meme Token Enthusiasts

For blockchain practitioners dipping into memes, $USELESS exemplifies how humor can fuel adoption. It's not about solving world problems—it's about community, memes, and the occasional pump. With Solana's low fees and fast transactions, tokens like this thrive on hype cycles. If you're tracking meme trends, keep an eye on $USELESS's price action post-listing; historical data from similar events often shows short-term surges.

Trading on edgeX? Head over to edgeX.exchange to get started. Just remember, meme coins are high-risk—do your own research and trade responsibly.

Stay tuned to Meme Insider for more updates on the ever-evolving world of meme tokens. What's your take on $USELESS? Is it truly useless, or the ultimate meta-joke in crypto?