Useless Coin (USELESS)
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About USELESS
Useless Coin (USELESS) is a Solana-based meme token launched on May 10, 2025 via the Bonk.fun platform. With no roadmap, utility, or formal development team, USELESS is a satirical take on the meme-coin craze, branding itself as purposefully 'useless.' Trading at $0.04223 with nearly 1 billion tokens in circulation, its market cap exceeds $42 million. The token lives solely on community momentum and speculation, with major trading activity on Raydium, Orca, MEXC, and LBank. Despite the meme nature, USELESS benefits from Solana’s lightning-fast, low-fee infrastructure, making it suitable for high-frequency trading and viral community activity. While offering speculative upside, it also carries extreme risk, lacks transparency, and has concentrated ownership among top wallets.
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Frequently Asked Questions about Useless Coin
What is Useless Coin (USELESS)?
Useless Coin is a meme token on the Solana blockchain launched on May 10, 2025. It has no utility, no roadmap, and no formal team: its appeal lies in embracing the absurdity of speculative memecoins.
What blockchain is USELESS on?
USELESS is an SPL token issued on the Solana blockchain. It may use Solana’s Token-2022 standard to support on-chain transfer fees, but this hasn’t been officially confirmed.
Where can I buy USELESS?
You can trade USELESS on decentralized exchanges like Raydium (USELESS/SOL), Meteora, and Orca, or on centralized exchanges such as MEXC, LBank, XT.COM, Ourbit, and KCEX.
What is the best USELESS wallet?
Phantom and Solflare are the most popular wallets for storing USELESS. Mobile users can also use Slope. For hardware-level security, use Ledger via the Solana app.
Is USELESS a scam?
USELESS has been flagged as 'Low' risk by RugCheck, but like many Solana meme tokens, the space is prone to scams. There is no team transparency or utility, so caution is advised.
How volatile is USELESS?
USELESS is extremely volatile. It saw an 85× surge in market cap within hours of launch, but sharp reversals are common in meme-coin markets. Prices can change drastically in minutes.
What gives USELESS its value?
The value of USELESS comes purely from community interest, speculative trading, and social media buzz. It has no underlying utility or economic fundamentals.
Are there liquidity risks with USELESS?
Most liquidity is concentrated on Raydium (≈$56K), with additional pools on Meteora and Orca. Sudden sell-offs by large holders can drain liquidity quickly, leading to high slippage or failed trades.
Why do people invest in USELESS?
People invest in USELESS for speculative gains and the social hype around meme coins. Some enjoy the viral culture and potential for short-term profit despite high risk.
How many USELESS tokens are there?
USELESS has a max supply of 1 billion tokens, with 999,940,362 currently in circulation.