In the wild world of meme coins, where fortunes can flip faster than a pancake, a notable trader just made a bold move that's turning heads. RegbilTrades, known on X as @RegbilTrades, recently announced he's built up a whopping $1 million position in $USELESS – a meme token that's proudly, well, useless. This isn't just any random punt; it's an addition to his exposure in the $BONK ecosystem on Solana. If you're scratching your head wondering what this means for the crypto space, let's break it down step by step.
The Tweet That Started It All
In his post on X, RegbilTrades shared a screenshot of his wallet, flaunting a balance dominated by $USELESS valued at around $945,000 (with a bit in Solana for good measure). He explained: "Earlier today I finished accumulating a $1m position in $USELESS to add to my $BONK eco exposure."
He went on to note that he usually avoids trading memecoins or low-market-cap projects, but $BONK and its ecosystem are an exception. After watching them for months, he's convinced they're operating on a "higher level" than competitors and poised to dominate long-term. "There are very few competent teams in the Solana space, and Bonk is one of them," he added, pledging to grow his exposure and support the project.
This kind of endorsement from a trader with a bio that screams "Big risk, Big reward" isn't something to ignore. It highlights growing confidence in $BONK's orbit, where community vibes and clever marketing often trump traditional utility.
What Is $USELESS, Anyway?
If the name $USELESS sounds like a joke, that's because it is – intentionally. Launched in May 2025 via the LetsBONK.fun platform (a launchpad tied to the $BONK community), $USELESS is a Solana-based meme coin that satirizes the hype around "utility" in crypto. It has no governance, no roadmap, and zero promises of real-world use. Instead, it leans into the absurdity, much like other viral hits in the meme space.
According to CoinGecko, $USELESS trades on exchanges like KuCoin, and its price has seen surges, including a 52% jump after a Binance listing as reported by The Currency Analytics. It's part of the broader $BONK ecosystem, which revolves around the dog-themed $BONK token – Solana's answer to Dogecoin, but with faster transactions and lower fees thanks to the Solana blockchain.
Solana itself is a high-speed blockchain platform that's become a hotspot for meme coins due to its low costs and quick confirmations, making it ideal for speculative trading.
Why Bet Big on $BONK's Ecosystem?
$BONK isn't just another cute dog coin; it's built a robust community and even spawned tools like LetsBONK, which recently overtook rivals like Pump.fun in launching new meme tokens, per Vocal Media. RegbilTrades sees this as a sign of competence in a sea of Solana projects that often fizzle out.
By investing in $USELESS, he's essentially doubling down on $BONK's potential to lead the pack. Analysts like those at Changelly list $USELESS among top Solana memecoins for the 2025 bull run, predicting it could hit new highs if the ecosystem keeps growing. Price predictions from StealthEX suggest upside potential through 2030, though remember, meme coins are volatile – they're driven by hype, not fundamentals.
The tweet also sparked a flurry of replies, with users plugging other $BONK-related tokens like $KORI, $MOMO, and $JOE. It's clear this announcement has stirred up the community, potentially drawing more eyes (and wallets) to the ecosystem.
What This Means for Meme Coin Enthusiasts
If you're a blockchain practitioner dipping into memes, moves like this from seasoned traders can signal shifts. $USELESS embodies the fun, risky side of crypto – no frills, just pure speculation. But with ties to a strong team like $BONK's, it might have legs beyond the joke.
As always, do your own research (DYOR) before jumping in. Meme coins can pump hard but dump harder. For now, RegbilTrades' bet is a vote of confidence that could propel $USELESS and the $BONK ecosystem further into the spotlight on Solana.
Stay tuned to Meme Insider for more updates on emerging tokens and how they're shaping the crypto landscape. What's your take on $USELESS – useless or underrated?