In the wild world of memecoins, where hype often trumps utility, one token is living up to its name in the most unexpected way. Useless Coin, or $USELESS, has skyrocketed to become the third most traded memecoin on-chain, pulling in almost $100 million in 24-hour volume. That's right—only $TRUMP and #FARTCOIN are ahead of it right now. But why is everyone so obsessed with trading something that proudly calls itself useless? Let's dive in and unpack this quirky crypto story.

The Tweet That Sparked the Buzz

It all started heating up with a post from Unipcs (aka 'Bonk Guy') on X, highlighting $USELESS's impressive stats. The screenshot shows it nestled among top Solana memecoins, boasting a market cap of $262 million and a whopping $98 million in net volume over the last day. For context, on-chain volume refers to the total value of trades happening directly on the blockchain, not through centralized exchanges. It's a key metric for gauging real interest in decentralized tokens like these.

As Unipcs put it: "why is there so much interest in trading a coin that literally calls itself USELESS? 😅" It's a fair question. Memecoins thrive on community, memes, and sheer absurdity, and $USELESS embodies that perfectly. Launched in early May 2025 on Solana via platforms like LetsBONK.fun, it's designed to poke fun at projects that overhype their "utility"—think fancy tech features or real-world uses that often fall flat.

What's Behind the Useless Hype?

Despite—or maybe because of—its zero-utility promise, $USELESS has exploded. It rallied over 10,000% in just seven weeks earlier this year, making it one of the most explosive memecoins of 2025. Whales (big investors) and smart money have been scooping up dips, with recent on-chain data showing net accumulations of millions. For instance, tools like nomAI's terminal spotted $2 million in net buys in a single day.

The token's ironic branding has struck a chord. In a market flooded with "next big thing" coins, $USELESS stands out by owning its uselessness. It's a cult favorite, as one reply to the tweet noted: "USELESS is a CULT." Community engagement is off the charts, with holders growing to over 31,000 and daily transactions in the thousands. Plus, listings on major exchanges have fueled the fire. Binance.US added it on August 14, 2025, sparking a 30% surge, and rumors of a Coinbase listing pushed it up another 45% to a new all-time high around $0.415.

Right now, you can check its live stats on DEX Screener, where it's trading at about $0.2445 with a fully diluted value (FDV) of $244.5 million. Liquidity sits at a healthy $5.1 million, making it easier for traders to jump in and out without massive slippage—that's when prices swing wildly due to low available funds in the trading pool.

Comparing to the Competition

To put $USELESS in perspective, let's look at its rivals mentioned in the tweet:

• $TRUMP: A politically themed memecoin that's been dominating with over $175 million in volume. It's all about the meme factor tied to real-world events.
• #FARTCOIN: Another Solana gem, pulling $184 million in volume. Its name says it all—pure silliness driving trades.
• $USELESS: Clocking $98 million, it's nipping at their heels with a 1,171% price jump in the last day alone (at the time of the tweet).

These coins highlight Solana's memecoin boom. The network's low fees and fast transactions make it perfect for high-volume trading, unlike slower chains where gas fees can eat into profits.

トークン	24時間出来高	時価総額	価格変動（24h）
$TRUMP	$175M	$1.80B	-5.83%
#FARTCOIN	$184M	$1.03B	-3.5%
$USELESS	$98M	$262M	+1,171%

(Data from the highlighted tweet snapshot; prices fluctuate rapidly in crypto.)

Why Memecoins Like This Matter (Or Don't)

Memecoins aren't about changing the world—they're about fun, speculation, and community vibes. $USELESS satirizes the crypto space's obsession with utility, reminding us that value can come from shared laughs and viral moments. But a word of caution: these are high-risk plays. Prices can crash as fast as they pump, often driven by hype rather than fundamentals. Always do your own research (DYOR), and never invest more than you can afford to lose.

If you're curious, head to CoinMarketCap or CoinGecko for more charts and info. The community is active on X, with tags like #USELESS buzzing with memes and updates.

In the end, $USELESS proves that in crypto, being "useless" might just be the ultimate flex. Will it hit billions, as some whales predict? Only time will tell, but for now, it's a reminder to not take this space too seriously. What's your take—hype or nah?