In a market led by familiar names like $DOGE, $PEPE, and $WIF, a new contestant has quickly emerged from the depths of the Solana memecoin ecosystem.
$USELESS, a token that many first dismissed as just another internet joke, has blasted its way to a $25 million market cap following an explosive three-day rally. With two days of consecutive gains of 107% and 50% and a third day of gain of 90%, $USELESS is now outpacing not just other memecoins but even premier cryptocurrencies like Bitcoin ($BTC) and Solana ($SOL).
Be it genuine community excitement, clever whale entries, or just the inherent volatility of the memecoin market, $USELESS is set to become anything but what its name suggests.
BREAKING: USELESS coin just hit $25 million market cap, up 90% today despite being up 50% yesterday and 107% the day before.
USELESS coin continues to outperform major memecoins $DOGE, $PEPE, $WIF, FARTCOIN and top cryptocurrencies like $BTC and $SOL.
is USELESS coin the… pic.twitter.com/aCHfevkjsM
— BITCOINLFG® (@bitcoinlfgo) June 9, 2025
Three-Day Surge Sparks Market Buzz
Just a few days ago, $USELESS began its meteoric rise, increasing 107% in price and drawing speculation from across Solana’s Pump.fun ecosystem. And beyond that, it caught the attention of speculators everywhere. That rally was as followed by a 50% surge yesterday and yet another 90% gain today, with the token rocking up towards at least a $25 million valuation almost overnight.
The trading forums and crypto Twitter have been all abuzz over the astounding growth of $SHIB. Some are even considering $SHIB to be a potential challenger to $DOGE and $PEPE for the next breakout ‘memecoin.’
Unlike many recent memecoins that flash briefly before fizzling out, $USELESS shows something rare these days: consistency. And this consistency has provided upward momentum, which often hints at deeper interest—either from well-capitalized whales or from a growing, highly engaged community.
Smart Money Moves: Whale Activity Behind the Curtain
One driving force behind the speculation swirling around $USELESS is the recent activity of high-profile Solana trader @koyla_sol. Just three days ago, Koyla deposited $68.9K into the token, acquiring 6.36 million $USELESS tokens. While such a move could easily be interpreted as just another risky bet in the memecoin trenches, the follow-up actions are painting a much more strategic picture.
3 days ago, @koyla_sol deposited $68.9K to buy 6.36M $USELESS.
Today, he sold 5.1M #USELESS (worth $91.26K) for $108.08K.
➡️ PnL: +$52.67K (95% gain)
And he still holds 5.12M tokens worth ($106,374.67) from previous buys
Smart entry. Sharp exit.
The game is the game. https://t.co/bWjOC76SH0 pic.twitter.com/mDDrAkF421
— Stalkchain (@StalkHQ) June 9, 2025
Today, Koyla dumped 5.1 million of those tokens for around $108,080—raking in a profit of $52,670, a 95% gain. What’s even better is that he still holds 5.12 million $USELESS tokens, worth at present over $106,000. His nearly realized profits are almost equal to the value of the tokens he hasn’t yet sold, suggesting he sees a path forward for $USELESS.
The smart money frequently takes the lead in the memecoin market, and this level of scored entry, partial exit, and continued hold is often seen as a pale indicator of insider confidence or at least a strategic view of further upside.
Is USELESS Actually the Next Big Memecoin?
What makes $USELESS truly captivating is not just its price movement—it’s the expanding ecosystem and market dynamics backing it. The coin has unobtrusively adopted a buyback-and-burn model, making it one of the very few Solana memecoins, alongside $HOSICO, to have such a deflationary feature.
Tokens are bought back and removed from circulation, cutting down the supply and making the remaining tokens POORLY structured enough that they don’t work well as a currency or an investment. Too many cryptos today suffer from pointless endless minting or minting that makes no sense. But $USELESS isn’t one of those. (I wish it were because that would be a laughable take.)
Furthermore, the overall vibe surrounding $USELESS looks to be moving from half-joking meme to genuine chance for profit. No longer are traders snickering over the name—they’re tuning into the price action, following the smart money, and making the buy.
With a market capitalization of $25 million, $USELESS is still quite small compared to the vast ocean of crypto. Its recent price performance, however, places it in a league of its own. Combined with smart-money involvement and unique tokenomics, $USELESS is now a memecoin I would pay attention to closely. Again, the question is: will $USELESS keep hitting higher price levels, or has its recent performance already set a top?
At present, everyone is fixated on the graphs as $USELESS works against its title—and against what was anticipated.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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