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Project Overview
Useless Coin is a meme coin that emphasizes zero utility and community-driven hype. $USELESS tokens are traded on Raydium with a buyback and destruction mechanism to achieve liquidity.
Bonk Guy: Short-term Market Weakness Is Exactly When High-Conviction Positions Are Most Easily "Shaken Out"
well-known trader Bonk Guy posted that investors are currently being forced to sell high-conviction holdings due to market weakness, and this is precisely the most fragile phase. In his view, the truly difficult thing is not buying when the market is rising, but continuing to hold and buy the dip when the market falls into dullness and pain.Bonk Guy added that recent market movements have largely aligned with his previous expectations. Over the past two weeks, on-chain market performance has been relatively volatile, especially showing a clear cooldown compared to the strong momentum of the previous 1 to 2 months. Aside from a few assets such as USELESS and STONK, most of the previously popular tokens have now declined, with some dropping more than 50%. Newly issued tokens have performed especially badly. Therefore, he still regards the fourth quarter as the key focus and believes that the past few months were merely a prologue. If the market continues to rise in the coming weeks as he expects, investors who sell their high-conviction holdings now may regret it.
Spent 2.28 million USDC, a whale bought 6.64 million USELESS
Odaily News: According to on-chain analyst Yu Jin's monitoring, 5 hours ago, a whale spent 2.28 million USDC on-chain to buy 6.64 million USELESS at a price of $0.34.
Bonk Guy: USELESS Outperforms Mainstream Crypto Assets, Market Cap Expected to Surpass $10 Billion
Prominent trader Bonk Guy stated that Bitcoin has reclaimed the $86,000 level and is in a clear uptrend. As fourth-quarter seasonal patterns approach, he believes USELESS deserves close attention. Bonk Guy further noted that USELESS has outperformed mainstream crypto assets such as BTC, ETH, SOL, DOGE, SHIB, and PEPE across multiple timeframes during this cycle. Indicators including whale inflows, perpetual open interest, trading volume, on-chain holder counts, and liquidity are all trending upward. He suggests it could emerge as this cycle's "Dogecoin/SHIB," with a market capitalization potentially exceeding $10 billion. USELESS currently represents only a small fraction of the approximately $38 billion meme coin market. Should the meme coin sector see a repricing in the fourth quarter, its upside potential could expand even further.
Trader Owen hints he has bought USELESS, PONS, and MARSCOIN
Odaily reports: Trader Owen shared USELESS, PONS, and MARSCOIN price charts on platform X, and stated, "punted some stuff - warming up still." Owen became active on X again yesterday and has begun sharing his trading moves.
Bonk Guy: USELESS Remains Strong Amid Broad Market Selloff, Could Become the Next DOGE or SHIB
Odaily reports: Crypto trader Bonk Guy posted on X that, with the CLARITY Act failing to pass and the broader crypto market under pressure, USELESS has continued to show notable relative strength, outperforming BTC, SOL, DOGE, and PEPE across multiple timeframes.Bonk Guy reiterated that he believes USELESS has the potential to become a gainer similar to DOGE and SHIB, calling it "the meme coin of this cycle."According to GMGN data, USELESS currently has a market cap of $217 million, with a 24H gain of over 10%.
Bonk Guy Warns: The LAPTOP Released by Hunter Biden Is a "Leek-Squeezing" Trap
Following the launch of the Hunter Biden-related meme coin LAPTOP, well-known trader Bonk Guy stated that LAPTOP is a trap designed to fleece retail investors. Bonk Guy had previously warned that the token is a classic Pump & Dump scheme and advised users to instead hold $USELESS Coin.
Bonk Guy: Solana is "returning to the trenches," starting to turn bullish
Odaily News, Bonk Guy stated on the X platform that he had previously been pessimistic about Solana, even writing an analysis favoring Robinhood and BNB Chain, arguing that Solana would lose significant market share and attention in this cycle. However, his view has recently begun to shift toward a bullish stance on Solana and its ecosystem.Bonk Guy believes that Solana has recently re-embraced the "trench" culture and has started to more actively promote community projects. At the same time, Solana's management proactively reached out to him to understand how to better align with the community and the "trench" ecosystem. Additionally, Solana officials and core members have recently begun to proactively recognize ecosystem projects such as $STONK and $USELESS.These changes are not simply positive for a specific token, but rather reflect a top-down cultural shift within Solana, as well as management's proactive efforts to address issues in the ecosystem. He emphasized that his past criticism of Solana was never about the technology or infrastructure, but rather about the ecosystem culture and the impact of "extractors" on Solana's new projects and users.Bonk Guy also revealed that his originally planned long-form analysis, which was bearish on Solana and bullish on Robinhood and BNB Chain, will first be shared with the Solana team for reference. Due to the recent changes that have made him more optimistic, he may adjust his views and ultimately publish a more balanced analysis.Bonk Guy concluded: "My Solana bias is changing."
Bonk Guy Calls Another Token USELESS: Already Listed on Upbit and Bithumb, Watch for Its Potential Upside
Trader Bonk Guy (Unipcs) posted that he has long considered USELESS to be this cycle's equivalent to DOGE, SHIB, or PEPE, yet many continue to disregard it. He noted that South Korea's two major centralized exchanges, Upbit and Bithumb, listed USELESS just hours apart today, granting it a major new distribution channel from one of the world's key crypto markets. Bonk Guy further emphasized that attention should remain on whether USELESS will be listed on Hyperliquid, Robinhood, or Binance Spot next. He argued that instead of debating whether USELESS will emerge as this cycle's flagship memecoin, focus should shift to how high its price can potentially reach, as the underlying pattern is becoming increasingly clear. He also noted that investors can either accumulate USELESS now or wait until its market cap reaches several billion dollars, perceiving that stage as "safer".
Upbit will list HEMI/USDT and USELESS BTC/USDT trading pairs.
According to the official announcement, Upbit will list trading pairs for HEMI and USELESS BTC against USDT.
Bithumb Lists USELESS/KRW Trading Pair
According to Bithumb's official announcement, Bithumb will officially list the Useless (USELESS)/KRW trading pair on September 8, 2026 (today) at 2:00 PM, supporting the Solana network, with a reference price of 309 KRW.
CoinW Has Listed USELESS Perpetual Contracts
Global leading digital asset trading platform CoinW has listed the perpetual contract for USELESS, a Meme token on the Solana ecosystem. The token openly satirizes the crypto industry's overemphasis on "utility," with a market capitalization exceeding $260 million.
Bybit Alpha and Byreal have now listed $USELESS for trading
Odaily News: Bybit Alpha and Byreal have now listed $USELESS for trading.$USELESS is a Meme token on the Solana ecosystem, centered around satirizing the crypto industry's overemphasis on "utility." Its current on-chain price is approximately $0.16, with a market cap exceeding $161 million.
Related news
Bonk Guy Responds to Market Manipulation Allegations: PONS and USELESS Market Caps Haven't Yet Reached $1 Billion, No Plans to Sell for Now
Odaily reports: Bonk Guy posted a statement saying that claims have recently circulated in the market that "Unipcs doesn't sell, so it might be a market maker or fund manipulating, and can't be trusted," and expressed skepticism toward such claims. He stated that he chooses to hold high-conviction targets for the long term because in the previous cycle, some meme coins reached market caps of over $1 billion, strong meme coins reached over $4 billion to $5 billion, and excellent protocols reached over $5 billion; while the current market cycle may be even more active. Currently, the market caps of PONS and USELESS in his holdings are approximately $400 million and $270 million respectively, neither having reached $1 billion, so he chooses to continue holding and stated that he has a different investment time horizon.
Bonk Guy: Short-term Market Weakness Is Exactly When High-Conviction Positions Are Most Easily "Shaken Out"
well-known trader Bonk Guy posted that investors are currently being forced to sell high-conviction holdings due to market weakness, and this is precisely the most fragile phase. In his view, the truly difficult thing is not buying when the market is rising, but continuing to hold and buy the dip when the market falls into dullness and pain.Bonk Guy added that recent market movements have largely aligned with his previous expectations. Over the past two weeks, on-chain market performance has been relatively volatile, especially showing a clear cooldown compared to the strong momentum of the previous 1 to 2 months. Aside from a few assets such as USELESS and STONK, most of the previously popular tokens have now declined, with some dropping more than 50%. Newly issued tokens have performed especially badly. Therefore, he still regards the fourth quarter as the key focus and believes that the past few months were merely a prologue. If the market continues to rise in the coming weeks as he expects, investors who sell their high-conviction holdings now may regret it.
A certain address spent $2.28 million to buy 6.64 million USELESS
According to Lookonchain monitoring, a certain address created a new wallet 7 hours ago and spent $2.28 million USDC to buy 6.64 million USELESS at a price of $0.34.
Spent 2.28 million USDC, a whale bought 6.64 million USELESS
Odaily News: According to on-chain analyst Yu Jin's monitoring, 5 hours ago, a whale spent 2.28 million USDC on-chain to buy 6.64 million USELESS at a price of $0.34.
Bonk Guy: USELESS Outperforms Mainstream Crypto Assets, Market Cap Expected to Surpass $10 Billion
Prominent trader Bonk Guy stated that Bitcoin has reclaimed the $86,000 level and is in a clear uptrend. As fourth-quarter seasonal patterns approach, he believes USELESS deserves close attention. Bonk Guy further noted that USELESS has outperformed mainstream crypto assets such as BTC, ETH, SOL, DOGE, SHIB, and PEPE across multiple timeframes during this cycle. Indicators including whale inflows, perpetual open interest, trading volume, on-chain holder counts, and liquidity are all trending upward. He suggests it could emerge as this cycle's "Dogecoin/SHIB," with a market capitalization potentially exceeding $10 billion. USELESS currently represents only a small fraction of the approximately $38 billion meme coin market. Should the meme coin sector see a repricing in the fourth quarter, its upside potential could expand even further.
A trader on Hyperliquid has made a cumulative profit of $281,300, with a win rate of 82.86%.
According to Onchain Lens monitoring, trader Icy_9999 has cumulatively executed 632 trades on Hyperliquid, with a win rate of 82.86%. Trading volume over the past 30 days reached $135.93 million, with cumulative PnL standing at a profit of $281,300. Currently, the trader holds short positions in ZEC, USELESS, and PONS, all of which are in floating profit.