In the fast-paced world of meme coins, where hype can make or break a token overnight, $USELESS is turning heads once again. Crypto influencer MrRemKing, known for his sharp takes on finance and crypto, recently shared a compelling thread on X (formerly Twitter) that's got the community buzzing. He's making a strong case for bidding on $USELESS at current prices, and his reasoning ties into broader market trends that could propel this satirical Solana-based token to new heights.

The Tweet That Sparked the Discussion

MrRemKing's post highlights a "New Token Alert" from RemTrending for $USELESS, complete with key metrics like price, market cap, volume, and an abnormal volume alert. The screenshot shows the token trading at around $0.2195, with a market cap of $219.3 million and impressive 24-hour volume exceeding $33 million. What's eye-catching is the "Abnormal Volume Alert," signaling a 5m/24h ratio of 2.59% and a combined score of 51.18—hints of unusual activity that could indicate growing interest.

He quotes his earlier post where he boldly states, "In hindsight it will be $USELESS to fade this coin," drawing parallels to meme legends like $GME, $DOGE, and $PEPE. These tokens started as jokes but built massive communities over time, turning early skeptics into regretful onlookers. MrRemKing argues that $USELESS is following a similar path, using the broader crypto twitter (CT) as its testing ground.

Why $USELESS? Breaking Down the Bullish Points

MrRemKing lists several factors making $USELESS a standout play right now. Let's unpack them in simple terms:

• Solana's Momentum: $SOL, the blockchain where $USELESS lives, is hitting higher highs and eyeing all-time highs (ATH). Solana's speed and low fees make it a hotspot for meme coins, and a rising $SOL often lifts tokens built on it.

• Rate Cuts on the Horizon: With today's Producer Price Index (PPI) data boosting the odds of a 50 basis points (bps) rate cut, cheaper money could flood into riskier assets like crypto. This macroeconomic tailwind is huge for speculative plays like memes.

• Gold and Bitcoin Synergy: Gold is in "price discovery mode," meaning it's breaking new records, which MrRemKing sees as indirectly bullish for $BTC. A stronger Bitcoin typically benefits altcoins, including memes.

• Bitcoin Dominance Favoring Alts: When $BTC dominance drops, altcoins (alternative cryptocurrencies) shine. This shift could direct more capital toward $USELESS.

• On-Chain Growth: Holder count is climbing, showing real community expansion. More holders mean more potential buyers and less selling pressure.

• Volume Rivals the Big Boys: Daily trading volumes are matching those of established memes like $TRUMP and $FARTCOIN, despite $USELESS being younger. High volume often precedes price pumps.

He wraps it up by saying fading (betting against) $USELESS is "literally useless," positioning it as "THE RUNNER of the cycle"—the token that could lead the next big meme surge.

What's $USELESS All About?

For the uninitiated, $USELESS is a memecoin launched on Solana in May 2025. It pokes fun at the crypto space's obsession with "utility," embracing its name as a satirical jab. No grand promises of world-changing tech—just pure meme energy. Yet, it's gained traction, getting listed on major exchanges like Kraken, KuCoin, MEXC, and Gate.io. As of now, it's consolidating around the $200 million market cap mark for over 70 days, a pattern that influential voices like "Bonk Guy" (@theunipcs) see as a setup for a massive breakout.

Other crypto figures echo this sentiment. Trader Bluntz (@Bluntz_Capital) noted a pullback to the 0.618 Fibonacci level— a technical indicator often signaling a bounce—calling for a "full send." Meanwhile, whales (big investors) are accumulating, with recent buys spotted in tools like Whale Watch.

Community and Market Buzz

The thread drew quick responses, including from @MrMetavers3, who agreed enthusiastically and shared their own chart. Sentiment on X is heating up, with posts about $USELESS popping up frequently. It's not just hype; on-chain data shows sustained interest, and with $DOGE potentially getting an ETF (exchange-traded fund), the meme sector as a whole looks primed.

Should You Jump In?

As always, do your own research (DYOR)—crypto is volatile, and memes even more so. But if MrRemKing's analysis holds, $USELESS could ride the wave of Solana's strength, rate cuts, and shifting market dynamics. With its cult-like following building slowly, it might just prove that sometimes, being "useless" is the ultimate utility in the meme world.

Stay tuned to Meme Insider for more updates on trending tokens like $USELESS. What's your take—bullish or fading? Drop your thoughts below!