In the wild world of meme coins, where hype often trumps utility, $USELESS is making waves on the Solana blockchain. A recent tweet from crypto analyst Chyan highlights how this tongue-in-cheek token is attracting serious attention from smart money investors. Let's dive into what's happening and why it matters for meme token enthusiasts.

The Alpha Alert from Chyan

Crypto data degen Chyan, known for spotting on-chain signals, dropped a bombshell on X (formerly Twitter) about $USELESS leading all Solana memes in 24-hour smart money netflows. Using data from StalkHQ, a tool that tracks whale and smart trader activities, Chyan pointed out some impressive stats:

• 24h Net Volume: +$168.37K (ranking #2 overall)
• Buys: $274.58K
• Sells: $106.22K
• Biggest Buyer: A whopping +$218.89K purchase, showing strong conviction

Chyan quipped that $USELESS "keeps proving utility is overrated," emphasizing how smart money sees every dip as a golden entry point. You can check out the original tweet here for the full vibe.

This isn't just random chatter—smart money refers to experienced traders or large holders whose moves often signal bigger trends. When they pile in, retail investors take notice, potentially driving up prices.

What is $USELESS Anyway?

If you're new to this, $USELESS is a meme token launched on Solana in May 2025. It's designed as a satire on "utility-focused" cryptos, proudly boasting zero practical use. Built on Solana's fast and cheap network, it uses the standard SPL token format, making it easy to trade on DEXs like Raydium.

According to CoinMarketCap, $USELESS has a total supply of around 1 billion tokens, with a current market cap hovering near $214 million. Its price? About $0.21 as of the latest data. But don't let the name fool you—this "useless" coin has surged over 90% in the past week and a staggering 2,400% in the last month, per The Defiant.

The appeal? Pure community-driven fun. In a market flooded with projects promising the moon, $USELESS flips the script by embracing absurdity. It's all about the memes, the vibes, and riding the wave of speculation.

Why the Smart Money Surge?

The net inflow of $168K in a day might not sound huge in the grand scheme of crypto, but for a meme token, it's a strong indicator. Smart money often uses tools like StalkHQ to monitor on-chain activity, spotting opportunities before they go mainstream.

This buzz comes amid a broader Solana meme coin revival. Solana's low fees and high speed make it a hotspot for speculative trading, with tokens like $BONK and $WIF paving the way. $USELESS is tapping into that energy, drawing in whales who bet on viral potential over real-world applications.

In a follow-up reply, Chyan noted that $USELESS had "topped the board," suggesting it climbed to #1 in netflows shortly after. He encouraged folks to "make full use of this $USELESS dip" ahead of a potential new all-time high (ATH).

Is $USELESS a Good Bet?

Meme tokens are notoriously volatile—prices can skyrocket on hype and crash just as fast. While the smart money inflows are promising, remember this is high-risk territory. Always do your own research (DYOR) and consider factors like liquidity ($4.5M on Raydium, per DEX Screener) and community strength.

Price predictions vary, but some analysts on StealthEX see potential upside if the meme momentum continues. For now, $USELESS is a reminder that in crypto, sometimes being "useless" is the ultimate flex.

Stay tuned to Meme Insider for more updates on Solana memes and beyond. If you're surfing the crypto waves, following voices like Chyan could give you that edge. What's your take on $USELESS—diamond hands or quick flip? Drop your thoughts in the comments!