Useless Coin Skyrockets 45% Overnight After Coinbase Listing Announcement

Another day, another meme coin defies gravity—this time with Coinbase's stamp of approval.

Useless Coin (ticker: USELESS) ripped a 45% gain in 24 hours after the exchange added it to its listing roadmap. The surge came despite zero utility, no whitepaper, and a name that practically dares you to throw money at it.

Exchange Effect Strikes Again

Coinbase's roadmap inclusion acts like a defibrillator for dead-end tokens—jolting liquidity and FOMO into action. Last month’s ‘Dogwater Coin’ listing proved even parody projects can pump when centralized gatekeepers nod approval.

Traders Chase the Ghost

Frenetic trading volume suggests speculators are banking on the classic ‘buy the rumor, sell the news’ play. Whether this holds through actual listing remains to be seen—most roadmap coins eventually crash back to pre-announcement levels.

Another win for crypto’s casino economy, where fundamentals matter less than exchange whims. At least Wall Street waits until quarter-end to rug-pull investors.

Coinbase Adds Useless Coin to Roadmap

Coinbase made the official announcement in a post on X (formerly Twitter). The exchange added that the launch of trading for any asset in the roadmap will depend on two key factors: the availability of market-making support and the establishment of sufficient technical infrastructure. 

Market-making support ensures there is adequate liquidity, while technical infrastructure refers to the necessary systems and security measures to facilitate smooth trading. Once both of these conditions are met, the exchange will announce the official launch of trading for the assets.

“The solana network (SPL token) contract address for Useless Coin (USELESS) is Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk,” the announcement read.

The market reacted positively to the news. The price ROSE from $0.22 to $0.32, an approximately 45% gain in less than an hour, before shedding some gains. 

At press time, USELESS meme coin was trading at $0.27. This reflected a 23% increase since the roadmap addition. Furthermore, the daily trading volume surged 192.8% to $202 million.

A potential Coinbase listing is a major milestone for USELESS, which has only been in the market for three months. Notably, the meme coin has quickly gained traction despite its self-proclaimed lack of utility. 

BeInCrypto reported that the token crossed the $100 million market capitalization mark one month after its debut. Additionally, it more than doubled that figure shortly thereafter, fueled by a bull rally that saw it reach an all-time high of $0.41 on July 28.

Following this peak, the coin experienced a slight correction. However, recent developments reignited its upward momentum. On August 13, Kraken announced the listing of USELESS.

“USELESS trading is live as of August 13, 2025. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your tokens into networks supported by Kraken. Deposits made using other networks will be lost,” the exchange wrote.

The listing move triggered a 68.42% increase in the USELESS meme coin’s value. Coinbase’s subsequent roadmap inclusion has further amplified the rally. 

Besides the price rise, retail interest is also surging. Blockchain data from Solscan revealed that over 1,000 new holders have acquired USELESS coin in a single day. This surge aligns with a broader trend of meme coin enthusiasm, particularly within the Solana ecosystem, where USELESS has carved a niche despite its satirical branding.

WalletConnect Token (WCT) Will Begin Trading on Coinbase Today

Meanwhile, Coinbase also revealed that it will be adding trading support for WalletConnect Token (WCT). The exchange notified users that trading will begin on August 14, around 9 AM Pacific Time (PT).

“Once sufficient supply of this asset is established trading on our WCT-USD trading pair will launch in phases. Support for WCT may be restricted in some supported jurisdictions,” Coinbase added.

In line with previous patterns, WCT’s price benefited from the move. Market data highlighted that the altcoin jumped 8.8%.

At the time of writing, WCT was trading at $0.35, up 1.23% since the announcement.