Meme Insider
What’s the Big Deal with Useless Coin?
So, what exactly is Useless Coin? At its core, it’s a meme coin—a type of cryptocurrency that’s more about internet culture and community hype than practical use. Unlike Bitcoin or Ethereum, which are built for transactions or smart contracts, meme coins like $USELESS thrive on humor and viral trends. Launched on the Solana blockchain, this coin has been making waves with its cheeky branding and a market cap that’s now outstripping traditional companies.
The tweet from @theuselesscoin highlights this milestone:
"BREAKING: At $320M market cap, USELESS coin is now worth more than Marine Products Corp ($319m). MPX has built premium boats for over 60 years, fueling America’s love for the water. Generations of craftsmanship outrun by a coin that doesn’t even float."
This playful jab underscores the absurdity—and allure—of meme coins. With a price of $0.3204 and a fully diluted valuation of $320.4 million, $USELESS is proving that hype can sometimes outmuscle decades of real-world business.
Marine Products Corp: The Traditional Contender
For context, Marine Products Corp is a company with a rich history. Founded over 60 years ago, it’s known for crafting premium boats that have become a staple of American waterways. With a market cap of $319 million and a stock price of $9.12 as of July 10, 2025, it’s a solid, traditional business. But in a surprising twist, this legacy brand has been overtaken by a digital token that doesn’t even have a physical product!
The comparison is stark: $MPX represents tangible craftsmanship, while $USELESS is pure digital speculation. Yet, this overtake shows how powerful community-driven momentum can be in the crypto space.
Why Are Meme Coins Taking Over?
You might be wondering—how does a "useless" coin beat a boat-making giant? The answer lies in the nature of meme coins. They’re fueled by social media buzz, community support, and FOMO (fear of missing out). Platforms like X amplify this hype, with users like @UselessFlips and @BrodieCapital chiming in with reactions and memes.
Data from CoinGecko shows $USELESS has seen a 22.64% increase in the last 24 hours alone, with a circulating supply of 1 billion tokens. This kind of growth is typical for meme coins during a bull run, where investors pile in hoping for quick gains. It’s less about utility and more about the vibe—something $MPX, with its boats, can’t replicate.
What’s Next for Useless Coin?
So, where does $USELESS go from here? Some experts, as noted on Bitdegree, predict meme coins could see significant growth in 2025, with potential price targets like $1.20 for top performers. For $USELESS, that would mean a market cap in the billions—unthinkable for a coin with no "real" purpose beyond entertainment.
But here’s the catch: meme coins are volatile. The same hype that lifts them can crash them just as fast. As Investopedia warns, “Hype dies fast—fundamentals last.” If the community loses interest or the market shifts, $USELESS could fade as quickly as it rose.
Final Thoughts
The rise of Useless Coin over Marine Products Corp is a wild snapshot of 2025’s crypto landscape. It’s a testament to the power of memes, community, and speculative investing. Whether you’re a blockchain practitioner or just a curious onlooker, this moment highlights how unpredictable—and exciting—the crypto world can be.
What do you think? Will $USELESS keep floating (or sinking) in the meme coin sea? Drop your thoughts in the comments, and stay tuned to meme-insider.com for more updates on the latest meme coin trends!
