“Crypto’s Latest cult craze? A token that’s quite literally called USELESS.”

USELESS Coin Proves Sometimes the Joke Is the Investment

In a crypto market where countless tokens boast grand visions but deliver little more than a catchy tweet, USELESS has carved out a unique space for itself by proudly offering… absolutely nothing. No lofty promises. No grand plans. Just pure memecoin absurdity—yet somehow worth tens of millions of dollars.

The latest sensation in crypto’s memecoin mania, USELESS has ridden the wave of self-aware irony to reach a market cap close to $100 million in recent days.

The project embraces its own meaninglessness as its core selling point. Its website openly mocks the hype-driven culture of crypto, and the community seems happy to join in the joke.

“USELESS coin is the greatest memecoin narrative to emerge from the trenches this year,” said Unipcs, a prominent trader and one of USELESS’s biggest supporters, speaking to CoinDesk via Telegram. “Every memecoin is technically useless… yet here we are, with one actually called USELESS leading the pack.”

To crypto critics, the token might look like the ultimate proof that the entire space is a farce. But for true memecoin believers, USELESS is a badge of authenticity—a coin that wears its lack of utility like a crown.

Unlike other popular memecoins such as Dogecoin, Shiba Inu, PEPE, or mog (MOG), USELESS has no cute animal mascot or viral character. Its symbol is simply a golden coin bearing a carved “U,” designed by the community.

“The most honest project is the one that admits it’s Useless.”
— @theuselesscoin, June 14, 2025

Leading the charge is Unipcs, a trader famous for turning $16,000 into over $20 million with BONK-linked futures. Spotting the potential for comedic gold—and financial gain—he dove into USELESS early, snapping up 28 million tokens for $382,000, about 2.8% of the total supply. At its peak, that stake ballooned to over $2.3 million, and he says he’s still holding strong.

For newcomers, USELESS might seem like another reason to scoff at crypto. But for memecoin enthusiasts, it’s exactly the kind of honest absurdity that defines the space.

“Every memecoin is technically useless, yet many sit at multi-billion-dollar valuations: Dogecoin at $26 billion, Shiba Inu at $7 billion, PEPE at $4.4 billion, and so on,” Unipcs said. “That makes USELESS coin incredibly undervalued at its current market cap—because all it takes is anchoring it to the valuation of these other ‘useless’ memecoins.”

In a market stuck in sideways action, USELESS has found its sweet spot—eschewing serious roadmaps for comedic brilliance. It’s not trying to change the world, and maybe that’s why it’s working.

“The higher it climbs, the more absurd it becomes, the more attention it draws, and the stronger the flywheel effect that pushes it even higher,” Unipcs added.

At last count, that “absurdity” was valued at roughly $90 million—proof that in crypto, sometimes being useless is the most useful thing of all.