Hey there, meme coin enthusiasts! If you’ve been keeping an eye on the crypto world, you’ve probably noticed something wild happening on the Solana blockchain. A little token called Useless Coin is stealing the spotlight with an incredible up-only rally that’s lasted nearly a month. Posted by Unipcs (aka 'Bonk Guy') on June 29, 2025, this X thread has sparked a heated debate about why this memecoin is thriving while the so-called "Solana cabal" stays suspiciously quiet. Let’s dive into the details and figure out what’s going on!

The Rise of Useless Coin

Useless Coin, trading under the ticker USELESS, has seen its price climb to an impressive $0.1775, boasting a 19.8% increase in the last 24 hours as of the latest update. With a market cap of $177,617,759 and a circulating supply of 999,940,362 tokens, this memecoin is proving it’s anything but useless. The chart tells the story: after a shaky start, the price has shot up, hitting new all-time highs almost daily. Check out this visual proof:

This rally is a big deal, especially since Unipcs claims it’s the strongest memecoin on Solana since January 2025. Unlike other hyped-up tokens that crash after a few days or weeks, Useless Coin seems to have staying power. But here’s the twist: despite its success, the Solana community leaders aren’t jumping on the bandwagon.

The Solana Cabal’s Silence

Unipcs points out a curious trend: the “Solana cabal”—a group of influential figures and projects tied to the blockchain—has been actively promoting other memecoins like Myro and Silent Dragon. Yet, they’ve barely acknowledged Useless Coin, even as it outperforms many of their picks. This silence has raised eyebrows, especially since the token faced heavy criticism early on. Unipcs suggests there might be “something deeper going on behind the scenes,” hinting at possible coordination or bias within the community.

The thread also references past engagement from Solana founders like Anatoly Yakovenko and Raj Gokal, who once embraced the chain’s meme culture. So why the cold shoulder now? Some speculate it could be because Useless Coin is a true “PvE” (Player vs. Environment) coin, meaning its success relies on organic growth rather than coordinated shilling. This independence might not align with the cabal’s usual playbook.

What Makes Useless Coin Stand Out?

So, what’s driving this memecoin’s success? Here are a few factors that might be at play:

• Organic Growth: Unlike many memecoins pushed by big influencers, Useless Coin seems to be gaining traction through grassroots support. This PvE nature could be attracting investors tired of pump-and-dump schemes.
• Community Buzz: The X thread has ignited a firestorm of discussion, with users like Tom and Anglio noting how sidelined communities are starting to take notice. This word-of-mouth hype is fueling the rally.
• Timing: With the crypto market leaning heavily into meme coins in 2025 (think of it as the “Memecoin Supercycle”), Useless Coin is riding a wave of speculative interest.

Unipcs even calls out the irony of past critics, like Mert from Helius.dev, who mocked “PhD dissertations on shitcoins” but might be eating their words now. The token’s resilience after a 90%+ drop earlier in its lifecycle adds to its legend status.

What’s Next for Useless Coin?

As of 12:08 PM JST on June 30, 2025, the rally continues, but the big question is whether the Solana cabal will finally take notice. Will they jump in to support this rising star, or will they stick to their current favorites? For now, the Useless Coin community is rallying hard, tagging key figures and pushing the narrative.

If you’re a blockchain practitioner or just a meme coin fan, this is a story worth watching. Useless Coin could be a case study in how organic growth can outshine coordinated efforts. Keep an eye on meme-insider.com for the latest updates, and let us know your thoughts in the comments below!