In the wild world of memecoins, where volatility is the name of the game, $USELESS on Solana is making waves by hitting a new all-time high (ATH) in holders despite a brutal market correction. According to a recent post on X from Unipcs, also known as the 'Bonk Guy,' the token now boasts over 38,391 holders, showcasing impressive growth even as the broader crypto market bleeds.

For those new to the scene, $USELESS is a Solana-based memecoin launched in May 2025 through the LetsBONK.fun platform. It's designed to poke fun at 'utility' tokens by being proudly useless—no roadmap, no promises, just pure meme energy. Yet, this tongue-in-cheek approach has resonated, propelling it to a market cap around $168 million as per CoinMarketCap. Trading under the ticker USELESS, it's available on decentralized exchanges like those tracked on DEXTools and even centralized ones like Coinbase.

What stands out in Unipcs' update is the resilience of $USELESS amid what he calls a 'market bloodbath.' On-chain volume has stayed robust, clocking over $54 million in the last 24 hours. That's the trading happening directly on the Solana blockchain, where transactions are fast and cheap—Solana's key selling point with fees often under a penny. Meanwhile, centralized exchange (CEX) volume isn't slacking either, with about $12 million on Coinbase alone in the same period. This is remarkable given the dip in overall memecoin interest due to market panic.

Adding to the bullish signals, $USELESS ranks as a top-3 memecoin accumulated by whales and smart money over the past week. Whales are big investors who can move markets, and smart money refers to savvy traders often tracked via on-chain analytics tools. This accumulation suggests confidence from heavy hitters that the token has legs.

Chart-wise, Unipcs highlights that $USELESS has the 'best-looking memecoin chart' among established players. Every time it dips to around the $140 million market cap level, it bounces back with 100–200% rallies. If history repeats, we could be on the cusp of another surge.

Unipcs, a prominent figure in the BONK ecosystem—another Solana memecoin that's seen massive success—doubles down on $USELESS as the memecoin to watch for outperformance in this cycle. He emphasizes its strong narrative, which in crypto speak means the story and hype driving adoption. In a sea of pump-and-dump schemes, $USELESS stands out for its transparent 'uselessness' that's ironically building a dedicated community.

Replies to the post echo this sentiment, with users hyping the potential holder count boost from Coinbase users not captured in on-chain metrics, and others drawing parallels to BONK's explosive growth. Of course, the thread also attracts shills for similar tokens, but the core message is clear: $USELESS is weathering the storm better than most.

If you're a blockchain practitioner eyeing memecoins, this could be a lesson in narrative power and community strength. While the crypto market remains unpredictable, metrics like holder growth and volume during downturns are key indicators of underlying health. Keep an eye on $USELESS via Solscan for real-time data, and remember, as with all memecoins, do your own research—DYOR—and invest wisely.

For more insights on emerging memecoins and Solana trends, stay tuned to Meme Insider.