In the wild world of meme coins, where hype often trumps utility, $USELESS on Solana is living up to its name in the most ironic way—by actually showing some serious price action. Crypto trader CRG, known on X as @MacroCRG, recently highlighted this token's resilience in a thread that's got the community buzzing.

What's the Buzz About $USELESS?

$USELESS is a Solana-based meme token that proudly boasts zero utility—it's all about the satire and the fun. Launched in early May 2025 through platforms like LetsBONK.fun, it's tied to the broader $BONK ecosystem but stands out by embracing its "uselessness" as a core theme. No fancy tech, no roadmaps promising the moon; just pure meme energy. You can check its live stats on DexScreener, where it's paired with SOL on Raydium.

In his post, CRG points out that despite the overall lack of risk appetite in the meme coin sector—meaning traders aren't diving headfirst into speculative plays like they do during bull runs—$USELESS has still managed a significant bounce. He references an earlier observation where the token rebounded from the "golden pocket," a trading term for the 0.618 Fibonacci retracement level, which often acts as a strong support zone in technical analysis.

Breaking Out Amid Market Caution

Looking at the chart CRG shared, $USELESS appears to have broken out of a descending trendline, signaling potential upward momentum. This kind of pattern—a descending triangle or wedge—typically suggests building pressure that could lead to a sharp move up if it breaks resistance. And that's exactly what happened here, with the price arrowing upward post-breakout.

CRG's take? "Becoming clearer that useless is going to be a leader when memes actually run imo." In other words, when the meme coin market heats up again, $USELESS could be at the forefront, outperforming others. He's holding through the volatility, acknowledging that short-term dips are possible but the long-term potential looks solid.

Why $USELESS Could Shine in the Next Rally

Meme coins on Solana have been a hotbed for explosive gains, thanks to the blockchain's low fees and fast transactions. Tokens like $BONK and others have shown how community-driven hype can propel prices to new heights. $USELESS, with its self-deprecating humor, fits right in. It's already garnered attention from traders who see it as undervalued in the current lull.

But remember, meme coins are high-risk. Prices can swing wildly based on social media buzz, whale movements, or broader crypto sentiment. If you're considering dipping in, do your own research—check out resources like CoinMarketCap or CoinGecko for the latest data.

Community Reactions and What's Next

The thread sparked reactions from the crypto community, with users like @theunipcs cheering it on with "send it ser," and others predicting billion-dollar market caps. It's clear $USELESS has a dedicated following ready to ride the wave.

As Solana continues to attract meme coin launches, keeping an eye on leaders like $USELESS could pay off. Whether it's the next big thing or just another fun ride, it's a reminder that in crypto, sometimes "useless" can be surprisingly valuable. Stay tuned to Meme Insider for more updates on emerging tokens and market trends.