USELESS Coin Rises as Crypto’s Latest Meme Cult — With No Promises and No Pretenses

In a crypto market where countless tokens promise the moon yet barely deliver a tweet, one coin has carved out a unique niche by proudly embracing its own futility: USELESS.

This new memecoin sensation has captured the imagination of traders and speculators alike, surging to a valuation of around $100 million in recent days. Its entire brand revolves around the idea that, unlike countless other coins claiming utility, it makes no promises whatsoever — except to be an unapologetic joke.

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

For skeptics who believe the entire crypto space is worthless, USELESS offers a playful dose of self-awareness. It positions itself as the ultimate memecoin, a project whose value comes purely from the community’s belief and its ironic charm.

Unlike Dogecoin, Shiba Inu, PEPE, or mog (MOG) — all driven by mascots, animals, or memes — USELESS keeps things simple with a logo featuring a golden coin engraved with a stylized “U.”

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

Unipcs, the trader behind a legendary $16,000 bet that turned into over $20 million through BONK-tracked futures, was an early adopter of USELESS. He invested $382,000 to acquire 28 million tokens (roughly 2.8% of the supply). At its peak, that stake ballooned to more than $2.3 million, and he insists he hasn’t sold a single token.

For casual observers, USELESS might seem like another reason to write off crypto entirely. But for memecoin diehards, it’s pure authenticity.

“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 incredibly undervalued at its current market cap — because all it takes is anchoring it to the valuation of these other ‘useless’ coins.”

In a flat market where countless projects overpromise and underdeliver, USELESS stands out by making no claims at all — and yet still achieving a valuation in the tens of millions.

“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 said.

At last count, that “absurdity” was valued at nearly $90 million — proof that in crypto, sometimes being useless is the ultimate utility.