Memecoin

$USELESS Rockets Past $120M Market Cap: Could This Be the Next $1 Billion Token?

June 22, 2025
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The past week has been more red than green in the market, but one token is defying expectations and rallying fast—$USELESS.

It has just crossed the $120 million market cap milestone and is very much one of the most talked-about memecoins in the current cycle. Momentum seems to be building, and serious attention is being directed at $USELESS.

Even as the general market saw pullbacks that were anything but pleasant, $USELESS managed to pull off something exhilarating: a 15 percent gain in just 24 hours. This exceedingly strong performance has, obviously, made it an asset of interest, one that some are now speculating on as possibly leading us heretoward a greater nonsense future.

$USELESS, Defying Market Gravity While Gaining Widespread Attention

Despite many digital assets grappling with a difficult market, $USELESS has been moving upward. A rise of 15% in a general market downturn is more than a technical blip—it reflects an increasing conviction from investors and some pretty solid market fundamentals. The coin has shown that it can go up when everything else is going down, which is a super rare and super valuable trait in the memecoin world.

In only 40 days, more than 13,000 wallets have taken on $USELESS. This adoption rate is remarkable not just for any new asset, but particularly so in the rapidly shifting and fiercely competitive memecoin market. We in the Web3 media space have noticed this adoption and have begun taking the $USELESS story to a whole slew of platforms and influencer channels. Those of us telling that story have been struck not only by how much new visibility the token is getting, but also by how many new investors are joining the $USELESS party.

Support from powerful personalities like @theunipcs has pumped up the already high confidence surrounding this project. Their backing goes beyond mere social media shout-outs: it’s a kind of endorsement you pay for with serious street cred in the world of trading—earnest traders who are always on the lookout for early opportunities. And that’s exactly what they’ve identified in this.

$USELESS Whale Activity Signals Rising Institutional Interest

Aside from the buzz and social engagement, one of the most evident indicators of a token’s robustness is its on-chain activity, especially when it comes to the whales. Just in the last 24 hours, the appearance of 13 different wallets has been noted, with each having added over a million $USELESS tokens to their various portfolios. And these wallets don’t appear to be fronting for previous holders—they seem to be brand new, with many of the addresses looking like classic fresh capital. In fact, about half of these new wallets have added over 300 tokens to their portfolios.

One of the most significant purchases was made by a single whale who bought 3.23 million tokens and now possesses about 0.55% of the total token supply. This kind of acquisition by a major player in the market indicates that confidence in the project is on the upswing. It’s not merely short-term traders who are speculating on the token’s price; it’s also long-term investors who are showing signs of conviction.

When large investors buy into a digital asset, it has an effect. It’s basic psychology. If you see the neighborhood whale buying up a bunch of houses, it makes you think you ought to be buying houses too. So, you start looking for houses to buy. And because you’re not as rich as the neighborhood whale, you’re also looking for houses that are a lot cheaper than the ones the whale is buying. If my basic house-buying psychology holds, your house search is going to lead to a lot of house-buying action in the neighborhood. And in the price discovery process, it’s going to push house prices higher.

XRP Holders Converting, Community Growing Fast

The migration of XRP holders into the $USELESS ecosystem is an especially interesting trend. XRP investors have long been known for their loyalty, but now several whales are converting portions of their portfolios into $USELESS. This is particularly noteworthy and speaks to the narrative strength of the project and its perceived potential for future growth.

This new support is helping to slam-dunk the rapid expansion of our community. The $USELESS project is pulling in not just the casual observer but also the committed participant who buys in, shares, and helps build this community with real content. This is one serious community, with one very serious foundation, for the next community-astronaut to take off into orbit.

Conclusion

Currently boasting a market cap of over $120 million, $USELESS has become a fast-growing component of the memecoin sector. The user base grows by the day, bolstered by a new influx of crypto whales. Meanwhile, the project has rising visibility among the media, both in and out of the crypto space. And yet, for a project with a branding that appears, at first glance, to be a joke, one fairly compelling case can be made to say that $USELESS is anything but.

If the present trend carries on, then the notion of $USELESS attaining a $1 billion valuation doesn’t seem too far-fetched. With all of the above—community strength, investor confidence, and market performance—aligning, $USELESS could very well be the next breakout token of this cycle.

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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