Meme Insider
In the ever-volatile crypto market, sometimes the most unexpected tokens steal the show. Today, we're diving into a recent buzz from the Solana ecosystem, where $USELESS (@theuselesscoin) has skyrocketed to lead the 24-hour gains among the top 200 cryptocurrencies by market cap. This satirical Solana-based meme coin, which proudly boasts zero utility, is turning heads and proving that in the world of memes, being "useless" might just be the ultimate flex.
What Happened: The Tweet That Sparked It All
The alert came from The Solana Post on X, highlighting $USELESS's impressive performance. Here's the screenshot shared in the post, showing the top performers:
As you can see, $USELESS clocked in a whopping 33.46% increase, pushing its market cap to $288.13M and price to $0.2882. Trailing behind were tokens like ZORA (27.52%), BERA (23.98%), ARB (23.71%), PENGU (23.33%), BIO (21.99%), and QTUM (21.24%). While not all are pure memes—ARB is Arbitrum's governance token for its Ethereum layer-2 scaling solution, and QTUM is a hybrid blockchain platform—this list underscores a mix of meme hype and broader market recovery.
Breaking Down $USELESS: The Meme Coin With No Strings Attached
Launched in May 2025 on the Solana blockchain, $USELESS is a tongue-in-cheek project that satirizes the flood of "utility" tokens in crypto. As described on CoinMarketCap, it's tied to the $BONK ecosystem and embraces its lack of governance, protocols, or real-world use cases. Think of it as the class clown of Solana memes—fun, viral, and unapologetically pointless.
The recent surge? It coincides with a Coinbase listing announcement just days ago, which sent the price soaring before a slight pullback, as reported by TheStreet. This kind of volatility is par for the course in meme coins, where community hype and exchange listings can create massive pumps. Currently trading around $0.2882, its market cap sits at $288M, making it a notable player in the Solana meme scene.
If you're new to meme coins, these are digital assets driven more by internet culture, social media buzz, and community engagement than traditional fundamentals. Solana's low fees and fast transactions make it a hotspot for such tokens, with projects like $BONK and now $USELESS leading the charge.
Spotlight on the Other Gainers
Let's quickly unpack the rest of the pack from the screenshot:
ZORA ($0.1028, +27.52%): This one's the token for the Zora NFT protocol, an open platform for creators on Ethereum. Its gains might tie into broader NFT market sentiment.
BERA ($2.646, +23.98%): Berachain's native token, part of a high-performance EVM-compatible blockchain. Not a meme, but riding the layer-1 wave.
ARB ($0.5891, +23.71%): Arbitrum's token, powering one of Ethereum's leading layer-2 solutions for cheaper, faster transactions.
PENGU ($0.03571, +23.33%): A Solana meme coin inspired by penguins, likely drawing from cute animal themes popular in the space. It's gained traction in community-driven pumps.
BIO ($0.2297, +21.99%): This could refer to a biotech-themed token or a meme play—details are sparse, but its performance suggests strong holder interest.
QTUM ($2.590, +21.24%): An established blockchain combining Bitcoin and Ethereum features, focusing on smart contracts and dApps.
The mix shows how meme coins like $USELESS and $PENGU are mingling with more established projects in the top gainers, hinting at a potential meme revival amid market upticks.
Community Reactions and What's Next
The tweet sparked lively replies, with users joking about the irony of a "useless" coin topping charts. One user quipped, "why so much interest in a USELESS coin? 😅," while others shilled their favorites like $BaoBao, $BONK, and #slopana. It's classic crypto Twitter—equal parts humor, hype, and promotion.
Looking ahead, $USELESS's trajectory could hinge on sustained community support and further listings. As CoinGecko tracks it, predictions vary, but some analysts see potential for a $1B market cap if the meme magic continues, per XT.com.
For blockchain enthusiasts, this is a reminder of Solana's vibrant meme ecosystem. If you're eyeing entries, always DYOR (do your own research) and remember: meme coins are high-risk, high-reward. Stay tuned to Meme Insider for more updates on tokens that are anything but useless in the fun department.
