Crypto · Solana Memecoin · USELESS
USELESS.
The Breakdown.
Useless Coin is a Solana SPL memecoin whose stated premise is that it has no utility, roadmap or product. It launched through the LetsBONK.fun launchpad with no presale and no team allocation, with the full supply placed into liquidity.
Useless Coin is a Solana SPL memecoin whose stated premise is that it has no utility, roadmap or product. It launched through the LetsBONK.fun launchpad with no presale and no team allocation, with the full supply placed into liquidity. Not advice.
What USELESS Is
The token itself, and where it came from.
What It Is
Useless Coin is a Solana SPL memecoin whose stated premise is that it has no utility, roadmap or product. It launched through the LetsBONK.fun launchpad with no presale and no team allocation, with the full supply placed into liquidity.
Origin
Launched anonymously through the LetsBONK.fun launchpad on Solana on 10 May 2025.
Supply
Fixed supply of 1 billion tokens created at launch, with mint authority revoked.
Chain
Solana, SPL token
Two prices, both from CoinGecko. The dashed line is a straight join between them, not the path the price took.
The Record
Documented highs, lows and events. Not a forecast.
All Time High
$0.4346, 14 October 2025.
All Time Low
$0.005200, 5 June 2025.
Event 1
August 2025, Kraken listed the token on 13 August, Binance.US on 14 August, and Coinbase completed its listing on 20 August.
Event 2
20 August 2025, the price fell about 25 percent, from $0.2989 to $0.2252, in the days after the Coinbase listing.
The Lore
Thirteen dated events. A coin whose whole premise is that it does nothing, listed on Coinbase inside four months.
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May 10, 2025
Fair Launch On LetsBONK.fun
USELESS was deployed anonymously on Solana through the LetsBONK.fun launchpad with no presale, no team allocation and the full supply seeded straight into liquidity, and the mint authority was revoked so the 1 billion token supply is fixed. Most press dates the launch only to 'May 2025' or 'early May 2025'; the 10 May date comes from price aggregators, which record the first traded price and the all time low of $0.00004916 on that day. Solana token trackers still show the mint as non-mintable. Sources: CoinMarketCap, CryptoSlate, ntm.ai.
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May 2025
From A $200,000 Market Capitalisation To $40 Million
Cryptonews reported that between 10 and 17 May 2025 the token climbed from roughly $200,000 to about $40 million in market capitalisation, a move of around 20,000%. That report gives the move as a window rather than a single dated event. Source: Cryptonews, 4 July 2025.
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June 5, 2025
The Quoted Low, And An Earlier One
CoinGecko records an all time low of $0.005200 on 5 June 2025, CryptoRank $0.005123 on the same date and Coinpaprika $0.005115, and Cryptonews describes the same episode as a correction to about $5 million in market capitalisation. CoinMarketCap and CryptoSlate both put the low far lower, at $0.00004916 on 10 May 2025, the launch day. The June figure is therefore the floor of the first post-launch drawdown rather than the lowest price on record. Sources: CoinGecko, CryptoRank, Coinpaprika, CoinMarketCap, CryptoSlate.
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June 18, 2025
CoinDesk Covers A Token That Is 'Literally Useless'
CoinDesk called USELESS 'literally useless' and quoted the project account @theuselesscoin, which posted on 14 June 2025 that 'the most honest project is the one that admits it's Useless', while the memecoin backer Unipcs argued that 'every memecoin is technically useless'. The token then had about 12,000 holders and a market capitalisation near $90 million, after rising from $0.004 to almost $0.10 in two weeks. CoinDesk put Unipcs's own position at about 2.8% of supply, bought for $382,000 and worth $2.3 million at its peak. Source: CoinDesk, 18 June 2025.
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July 3, 2025
Market Capitalisation Reaches $247 Million
The Defiant reported USELESS up 90% on the week and about 2,400% over 30 days at a $247 million market capitalisation, and described it as 'transparently useless'. The same piece put the token at more than 4% of Solana ecosystem mindshare on Messari Portals data. Source: The Defiant, 3 July 2025.
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July 2025
Derivatives Listings And A Mid-Summer High
Bybit listed a USELESSUSDT perpetual contract with 12.5x leverage on 10 July 2025 and Gate.io listed the token on 11 July 2025. Bybit's own explainer says the price reached about $0.36 in mid-July, taking market capitalisation past $360 million, and dates that move to mid-July rather than a single day. BeInCrypto separately reported a high of $0.41 on 28 July 2025, a level the major aggregators do not carry as an all time high. Sources: Bybit, CoinMarketCal via TradingView, BeInCrypto.
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August 13, 2025
Kraken And Binance.US Listings
Kraken listed USELESS on 13 August 2025 and Binance.US announced it the same week, with USELESS/USDT spot trading opening on 14 August 2025 at 07:00 EDT. The Binance.US listing notice called it 'the unapologetically pointless memecoin taking Solana by storm', adding that it 'proudly delivers zero utility and fulfills that promise flawlessly' and was fair-launched with no team allocation. BeInCrypto recorded a 68.42% rise on the Kraken listing, and Coinbase added USELESS to its listing roadmap on 14 August, moving the price from about $0.22 to $0.32 within an hour. Sources: Binance.US, BeInCrypto, TheStreet.
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August 20, 2025
Coinbase Listing, Then A 25% Fall
Coinbase confirmed support on 19 August 2025 and completed the listing on 20 August 2025, after the token had already run more than 60% in four days to a high of $0.3702 on 17 August. On listing day the price rose about 20% from $0.248 to $0.2989 and then fell 25% to $0.2252. Sources: TheStreet, Yahoo Finance.
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October 14, 2025
All Time High
Every major aggregator dates the all time high to 14 October 2025 but they disagree on the level: CoinGecko has $0.4346, CryptoRank $0.4342, CoinMarketCap $0.4375, Coinpaprika $0.439691 and Coinbase $0.4401. Against a circulating supply of about 999.94 million tokens that implies a peak market capitalisation of roughly $434 million to $440 million, an arithmetic implication rather than a published figure, since no source found here states a peak market capitalisation directly. Sources: CoinGecko, CoinMarketCap, CryptoRank, Coinpaprika, Coinbase.
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Q1 2026
Kraken Runs A Memecoin Contest For A Shirt Sleeve
Kraken announced on 21 January 2026 that six memecoins, BERT, GIGA, PONKE, UFD, USDUC and USELESS, would compete on Kraken trading volume between 22 January and 15 February 2026, with the winner's logo replacing Kraken's own branding on the sleeve of the Atlético de Madrid shirt for the club's match against FC Barcelona. Kraken called it 'a unique opportunity for a memecoin community to earn global visibility on one of the most iconic stages in football'. Source: Kraken blog, 21 January 2026.
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April 2026
USELESS Appears On The Atlético De Madrid Shirt
Atlético de Madrid announced on 1 April 2026 that USELESS had won the Kraken competition and would appear on the sleeve of a limited edition shirt for the match against FC Barcelona, with Kraken framing the campaign as 'one match, one badge, one winner'. Kraken's January announcement gave the fixture as 4 or 5 April 2026 rather than a fixed date, and NullTX later described the shirt as a 200 unit limited run. Sources: Esto Es Atleti, Kraken blog, NullTX.
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August 2026
Market Capitalisation Falls To About $40 Million
CoinGecko's historical series shows USELESS closing at $0.03898 on 15 August 2026 with a market capitalisation of $40.05 million, roughly a tenth of the October 2025 peak. CoinMarketCap's price analysis records $0.0605 on 29 August 2026 on thin 24 hour volume of $9.92 million. Sources: CoinGecko, CoinMarketCap.
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September 4, 2026
Rally Back Above $200 Million
USELESS rose from about $0.067 on 31 August to $0.1094 on 2 September and $0.149 on 3 September 2026, when AMBCrypto put market capitalisation at $150 million and counted 5,000 new holders in a week. On 4 September 2026 the quoted price was $0.21 to $0.22, for a market capitalisation of about $210 million to $225 million, with CryptoSlate at $0.21 and $209.59 million, Coinbase at $0.212 and $212.74 million and CryptoRank at $0.2136 and $213.65 million. NullTX counted 43,430 wallets on 2 September 2026, and CoinMarketCap's AI summary puts the top ten wallets at about 31% of supply, a concentration figure no tier one on-chain analysis found here corroborates. Sources: AMBCrypto, NullTX, CryptoSlate, Coinbase, CryptoRank, CoinMarketCap.
The Chart, And The Contract
The chart lives on DexScreener and will not render inside another page, so this links out to it rather than showing you a box that never loads. The contract sits beside it so you can check the chart is the token this page is about.
Check the contract against the chart before you trust either. On both chains there is always a different token using the same name.
The Risks
Structural, and specific to this token.
Risk 1
Anonymous creator with no accountable entity or public team behind it.
Risk 2
States no utility, so demand rests entirely on social attention.
Risk 3
Concentrated early wallets from the launchpad phase can exit into liquidity.
Supply, all time high and all time low from CoinGecko, read 2 September 2026. Launch details from the issuer's own announcements and from Solscan. Any price or market capitalisation inside the timeline is a dated snapshot, not a live figure. The live table is on the memecoins page. Every row in the timeline carries its own date and its own publication, and those are the sources. Supply, contracts, all time highs and all time lows come from CoinGecko, cross checked against CoinMarketCap and Coinpaprika. Where the aggregators disagree, both figures are printed and each is named in the row. Where a date is reported only as a month or a range it is written that way rather than narrowed. Direct quotations are reproduced from the reporting and attributed to the person who said them. Any price or market capitalisation in a row is a dated snapshot, not a live figure. Nothing on this page is a price forecast.
The Rest Of The Series
One breakdown per coin.
WIF · dogwifhat
From a fraction of a cent to nearly five dollars in four months, and what that run was made of.
TRUMP · Official Trump
OFFICIAL TRUMP is a Solana SPL token issued under the Trump brand by CIC Digital LLC and Fight Fight Fight LLC.
PENGU · Pudgy Penguins
PENGU is the Solana SPL token of the Pudgy Penguins NFT brand, issued by Igloo Inc.
BONK · Bonk
BONK is a Solana SPL memecoin launched in December 2022 by an anonymous group of Solana community contributors.
FARTCOIN · Fartcoin
Fartcoin is a Solana SPL memecoin that grew out of Truth Terminal, an AI chatbot built by researcher Andy Ayrey.
FWOG · Fwog
Fwog is a Solana SPL memecoin built on an original frog character drawn by the artist Titto.
CHILLGUY · Just A Chill Guy
CHILLGUY is a Solana SPL memecoin using a character drawn by the artist Phillip Banks.
SC · Shark Cat
Shark Cat, ticker SC, is a Solana SPL memecoin using a photograph of Nala, a cat with a large Instagram following, in a shark costume.
TROLL · Troll
TROLL is a Solana SPL memecoin built on Trollface, the 2008 drawing by Carlos Ramirez.
Common Questions
Useless Coin is a Solana SPL memecoin whose stated premise is that it has no utility, roadmap or product. It launched through the LetsBONK.fun launchpad with no presale and no team allocation, with the full supply placed into liquidity.
Launched anonymously through the LetsBONK.fun launchpad on Solana on 10 May 2025.
Fixed supply of 1 billion tokens created at launch, with mint authority revoked.
Anonymous creator with no accountable entity or public team behind it. States no utility, so demand rests entirely on social attention. Concentrated early wallets from the launchpad phase can exit into liquidity.
No. It is a breakdown of a token, which is a different thing. Memecoins have no cash flows and can go to zero. Nothing here is financial advice and Cody Wise is not a licensed advisor.
A Memecoin Is Not
A Position.
The sleeve is sized so a total loss changes nothing about the plan. That is the only condition under which it belongs at all.
Not financial advice.