Hey there, meme coin enthusiasts! If you’ve been scrolling through X lately, you might have stumbled upon a curious post by Ansem (@blknoiz06) that’s got the crypto community buzzing. Posted at 02:08 UTC on June 30, 2025, the tweet reads: "useless coin higher than launchcoin & all those other rapps (randomApps) on there w/ revenue ahead of pump tge @ $4B mcap is just a really funny reflection of the state of solana". Let’s dive into what this means and why it’s sparking such interest!

What’s the Buzz About Useless Coin and Launchcoin?

For those new to the scene, Useless Coin (USELESS) and Launchcoin are both tokens within the Solana ecosystem, a fast and scalable blockchain known for powering a ton of meme coins and decentralized apps (dApps). Ansem’s tweet highlights a surprising twist: Useless Coin, despite its cheeky name, has climbed higher in value than Launchcoin, even though it’s outperforming other revenue-generating projects ("rapps") ahead of their token generation events (TGEs) with a massive $4 billion market cap.

According to CoinGecko, Useless Coin has seen a whopping 103.70% price increase in the last seven days as of late June 2025, outpacing the global crypto market’s 6.80% growth. This surge has left many scratching their heads, especially since Launchcoin, which aims to support new project launches, has a more "serious" use case. So, what’s driving this meme coin madness?

The Meme Coin Momentum Effect

The thread following Ansem’s post is a wild ride, filled with humor and memes that hint at the chaotic nature of crypto markets. Replies like @LexaproTrader’s image of the Hulk towering over a house (a playful jab at market dominance) and @retardedgains’ mention of "chillhouse getting fucked by hulk" show the community’s love for exaggerated metaphors. But beneath the laughs, there’s a deeper point: meme coins often thrive on momentum and community hype rather than just fundamentals.

Ansem later adds in a reply to @cryptoklotz: "crypto markets trade overwhelmingly on momentum & consensus opinions, ppl need to see confirmation from others' thesis before allocating". This suggests that Useless Coin’s rise might be fueled by FOMO (fear of missing out) and social media buzz rather than its underlying tech. The attached image of a "horny jail" meme reinforces the playful yet speculative vibe of the market!

Solana’s Role in the Meme Coin Boom

Solana’s low transaction fees and high speed make it a hotspot for meme coins, which often rely on quick trades and viral marketing. The Solana ecosystem has been a breeding ground for tokens like Useless Coin, with its recent performance outshining even established projects. This aligns with a 2024 trend noted by Changelly, where Solana-based memecoins gained traction due to their accessibility and community-driven nature.

However, Ansem’s original tweet also hints at a critique: the "state of Solana" might be reflecting a market where hype overshadows utility. With Useless Coin’s $4 billion market cap looming large, it’s a stark contrast to Launchcoin’s more modest ranking at #374 on CoinGecko with a market cap tied to 1 billion tokens. Could this be a sign that investors are prioritizing fun over function?

What Does This Mean for Meme Coin Investors?

If you’re a blockchain practitioner or just a curious investor, this thread offers a few takeaways:

• Hype Drives Value: Meme coins like Useless Coin can skyrocket based on community support and viral moments, even without clear revenue models.
• Market Sentiment Matters: As Ansem points out, consensus and momentum often dictate price movements more than tech specs.
• Stay Informed: Keeping an eye on platforms like meme-insider.com can help you track these trends and make sense of the chaos.

The thread’s mix of humor and insight—complete with memes like the CDA agents from Monsters, Inc. and a smirking Pepe the Frog—shows how the crypto world blends entertainment with speculation. Whether Useless Coin’s reign is a fluke or a new norm, it’s a fascinating case study in 2025’s meme coin landscape.

So, what do you think? Is Useless Coin’s rise a quirky anomaly or a sign of Solana’s evolving market? Drop your thoughts in the comments, and let’s keep the conversation going!