Useless coins (no useless), Letsbonk’s fun memo coins surged to their highest ever priced $0.10 yesterday. This milestone was fueled by an astounding quadruple digit gathering from early June.
The surge also boosted its market capitalization to over $100 million before experiencing corrections.
Is the useless coin the next big meme coin to see Solana?
According to the official website, what’s useless is the utilities-free meme coin. It was launched about a month ago through Letsbonk Fun, the meme coin launchpad for the Solana (Sol) blockchain, and the coin has no roadmap or white paper.
In early June, I reached an all-time low (ATL) of useless $0.004. However, the coin quickly rebounded, with a massive upward rally culminating at a new all-time high (ATH) of $0.10. This surge has brought the market capitalization to $101.9 million.
“What’s useless is that it has increased by more than 2,000% from its low earlier this month, and is better than all Top Memo Coins this month, including Doge, Shib, Pepe, SPX, Fartcoin, WIF,” the user posted.
At the time of reporting, they had pulled back useless profits and traded for $0.080. Despite this dip, prices have risen 15.2% over the past 24 hours.
Furthermore, that weekly profit has also grown stronger at 487.5%. Coingecko ranks among today’s top six trend tokens, with 85% of market sentiment still giving bullishness.
Meme Coin also saw a significant increase in trading volume, reaching $23.22 million, an increase of 60.8% from the previous day. This highlighted strong trading activities and interest.
Plus, there are around 12,480 holders at the moment that is useless. In particular, one holder is sitting on unrealized profits of more than $2 million due to useless increases.
According to LookonChain Data, UNIPCS, a person in the Bonk community, purchased 2.8% of the supply, or 28.08 million tokens. The whale got these useless tokens for $381,900.
Based on Meme Coin’s recent rating, the position is worth more than $2.3 million. Furthermore, traders have not yet sold tokens.

“I just have a strong belief that I exhibited about useless coins, because I really believe it is the most powerful memo coin story that will emerge from this year’s trench and one of the most powerful meme coin stories to date.
Whales are making significant profits from being useless, but the blockchain analytics platform has revealed that the overall wallet for traders remains red. Of the 48 tokens he invested, 44 are currently at a loss.
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