Is USELESS Still Worth It? Analysing the Market Movement

USELESS is a meme coin that has been gaining attention on Solana recently. Its name alone sparks curiosity, but is this token really worth looking at, or is it just another passing trend in the meme coin market? Today, we will analyse USELESS’s recent price action, trading metrics, and community interest while keeping in mind that this token remains highly speculative with limited fundamental clarity.

What is USELESS Coin and Why is It Trending?

USELESS is a Solana-based meme coin with a name that satirises the perception of cryptocurrencies as valueless. According to Dexscreener, its current price is around $0.3246, showing an intraday gain of 9.51% in the past 24 hours. Over the last month, the price rallied from nearly $0.02 to above $0.32, indicating strong speculative momentum.

However, it is important to note that the official website’s whitepaper is inaccessible, raising questions about the project’s underlying purpose, tokenomics, and utility. Most mentions of USELESS focus on its humorous branding rather than explaining its roadmap or ecosystem vision.

Based on market data:

• Liquidity: $4.4 million
• Market Cap: $324.5 million
• Fully Diluted Valuation: $324.8 million
• 24-hour Trading Volume: $7.8 million
• Total Transactions: 22,437

The token has a relatively balanced buy-sell volume with 11,332 buys ($4.0M) and 11,105 sells ($3.8M), reflecting active but two-sided participation. Furthermore, the buyers (1,394) and sellers (1,587) are nearly equal, suggesting that although the coin attracts strong interest, many holders are also quick to take profits due to its volatile reputation.

Online discussions indicate that USELESS’s recent hype stems largely from meme narratives and short-term speculation rather than genuine belief in its technology or community utility. Its branding uses comic-style images to portray crypto critics labelling it ‘useless’ as a comedic badge of honour.

Read Also: USELESS Coin Price Prediction 2025–2050 Explained

USELESS Coin Price Movement and Market Analysis

Looking at its daily chart from Dexscreener, USELESS showed a robust uptrend starting mid-June. The price moved steadily from below $0.05 towards $0.32 by mid-July, with multiple periods of profit-taking before new highs were tested. Its most recent daily candlestick closed at $0.3238, down 9.02% from its previous close of $0.3559, with a daily high of $0.3543 and a low of $0.3240.

Such volatility is common among meme coins, especially when liquidity is under $5 million, making them highly susceptible to quick sell-offs by large holders. The volume data shows 1.426 million tokens traded within a single day, indicating decent market activity relative to its market cap.

Here are key technical observations:

• The uptrend momentum is still intact despite recent retracements.
• Strong selling pressure often follows sharp rallies due to traders taking profits.
• Lack of clear tokenomics or whitepaper could lead to sudden market exits if confidence wanes.

Additionally, the project’s online branding remains more focused on humour than delivering a decentralised product or community utility. This suggests that its current price trajectory is driven by speculative trades rather than any roadmap milestones or use-case integration.

Read Also: What Is The Useless Coin? 100% Useless, 100% Honest

USELESS Coin Future Outlook and Caution

Looking ahead, the future of USELESS remains highly uncertain. Price predictions for meme coins like USELESS are purely speculative due to:

1. No accessible whitepaper or technical documentation explaining its supply mechanics or deflationary features.
2. No identified team or roadmap that commits to future development.
3. Its value being driven mainly by market sentiment and short-term social media trends.

If bullish momentum continues, USELESS could retest recent highs above $0.35. Conversely, if traders exit due to the absence of utility or transparency, a sharp decline below $0.20 is possible, as seen with similar meme coins in the past.

Note of Caution

USELESS remains a high-risk speculative token. The whitepaper is inaccessible, and there is no official documentation clarifying its long-term vision or technical backing. Investors should approach with extreme caution and avoid allocating funds they cannot afford to lose. Always conduct independent research before engaging with meme coins lacking transparent fundamentals.

Read Also: The Useless Coin Listed on Bitrue, Get 20.000 USELESS Token Free Now

Conclusion

USELESS coin exemplifies the meme culture within crypto markets. Its recent rise has been remarkable, with daily price swings reflecting high volatility and risk. However, the lack of an accessible whitepaper or project roadmap means its future remains highly speculative. 

Traders may continue to ride the momentum in the short term, but long-term investors should remain cautious. Before making any decision, ensure you understand that USELESS is purely a meme-based speculative token with no clear underlying utility.

FAQ

1. What is USELESS coin?

USELESS is a Solana-based meme coin that has gained attention for its satirical branding but has no clear utility.

2. What is the current price of USELESS?

At the time of writing, USELESS is priced around $0.3246 with recent daily volatility.

3. Is USELESS a safe investment?

No, USELESS is highly speculative with no accessible whitepaper or roadmap, making it risky for investors.

4. Why is USELESS trending recently?

The coin has seen rapid price increases driven by meme culture and speculative trading interest.

5. Where can I find USELESS’s whitepaper?

Currently, the official website’s whitepaper is inaccessible, raising concerns about transparency.