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Why $USELESS is the Most Efficient Meme Coin on Solana Right Now

Why $USELESS is the Most Efficient Meme Coin on Solana Right Now

In the wild world of meme coins on Solana, where hype can make or break a token overnight, one coin is living up to its name in the most ironic way possible. $USELESS, as highlighted in a recent tweet by data enthusiast Chyan (original tweet), is turning heads with its standout performance in on-chain metrics.

Chyan points out that among the top 10 Solana meme coins by 6-hour DEX volume, $USELESS isn't just hanging in there—it's dominating in volume efficiency. This metric, calculated as DEX volume divided by market cap (Vol/MC), gives a sense of how much trading activity a token is seeing relative to its size. A higher ratio often signals stronger community interest, better liquidity, and balanced buying and selling pressure.

Here's a quick breakdown of the top performers Chyan shared:

  • 🥇 $USELESS: Market Cap $173.4M | DEX Volume $2.17M | Ratio 1.25%
  • 🥈 $BAN: Market Cap $392.6M | DEX Volume $2.92M | Ratio 0.74%
  • 🥉 $PUMP: Market Cap $1.39B | DEX Volume $4.28M | Ratio 0.31%
  • 4️⃣ $WEN: Market Cap $235.7M | DEX Volume $593K | Ratio 0.25%
  • 5️⃣ $TROLL: Market Cap $50.9M | DEX Volume $108K | Ratio 0.21%
  • 6️⃣ $POP: Market Cap $66.3M | DEX Volume $137K | Ratio 0.21%
  • 7️⃣ $SPX6900: Market Cap $332.2M | DEX Volume $661K | Ratio 0.20%
  • 8️⃣ $PENGU: Market Cap $292.9M | DEX Volume $482K | Ratio 0.16%
  • 9️⃣ $FARTCOIN: Market Cap $805.6M | DEX Volume $1.19M | Ratio 0.15%
  • 🔟 $BONK: Market Cap $2.37B | DEX Volume $1.54M | Ratio 0.07%
Screenshot of Solana meme coins token screener displaying market caps, DEX volumes, and flows

What makes this efficiency stand out? In simple terms, a high Vol/MC ratio means the token is punching above its weight. For $USELESS, it's attracting significant trading without needing a massive market cap, which could indicate genuine organic interest rather than just pump-and-dump schemes. Chyan calls it "futility trades leaner, runs harder," emphasizing how this seemingly joke coin is proving its staying power.

For blockchain practitioners diving into meme tokens, metrics like these are gold. They help spot opportunities where sentiment is building and liquidity is deepening, potentially leading to more sustainable growth. If you're tracking Solana memes, keeping an eye on $USELESS could be anything but useless.

As always, remember that meme coins are highly volatile—do your own research and trade responsibly. Stay tuned to Meme Insider for more insights on the latest in meme token trends and on-chain analysis.

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