USELESS Crypto: How This Meme Coin Dominated 2025 (And Why Traders Can’t Look Away)

The memes won—but the gains are deadly serious.

USELESS isn’t just another joke token anymore. It’s the dark horse that bulldozed every 'utility' project in its path this year. Here’s why degens and skeptics alike are stuck watching.

Zero Utility, Maximum Chaos

No roadmap. No 'real-world use case.' Just pure, unadulterated meme magic—and a chart that left Bitcoin maximalists sweating. Turns out, 'Useless' was the most accurate branding in crypto history... until it wasn’t.

The 2025 Pump No One Saw Coming

When institutional money finally 'discovered' meme coins (read: got FOMO), USELESS became the poster child. A 50,000% rally? For a token literally designed to do nothing? Classic crypto—where the best investment thesis is a viral TikTok trend.

Wall Street’s Worst Nightmare

Hedge funds still can’t explain how a coin with a website that just says 'lol' flipped their precious altcoins. Meanwhile, retail traders are buying Lambos with profits from a project that originally paid devs in memes.

So is USELESS actually useless? Technically, yes. Profitable? Absurdly. And that’s the 2025 crypto market in a nutshell—where logic goes to die, but the gains are very much alive.

The Beginning of USELESS

USELESS was launched in May through the LetsBONK.fun launchpad, one of Pump.Fun’s main competitors. The platform itself started only in April, making token its first major ecosystem project.

Between May 10 and May 17, the token surged from a market cap of $200,000 to $40 million, marking a jump of roughly 20,000%. After that, Useless Coin entered a correction phase, leading many in the crypto community to write it off as another pump-and-dump. In true meme coin fashion, it saw a rapid rise followed by a sharp decline.

Behind USELESS is a trader known as Bonk Guy, famous among traders for predicting the rise of Bonk (BONK), the meme coin that sparked a new gold rush in the space. Bonk Guy faced criticism for promoting the project and sharing what some called “misleading” insights with his followers. He bought the token NEAR its launch when its market cap was around $200,000 and continued to hold and post about the token.

sadly it's what i need to do at this time to make a statement (and let the results speak for themselves!)

perhaps my 'loyal followers' should be more vocal at expressing support and countering haters when they come for me

not just stay 'silent' and then express surprise when… https://t.co/hOaCJw6kgL pic.twitter.com/maeW3WQ7lt

The correction lasted until June 5, when USELESS fell to a market cap of $5 million, just 20 days after reaching its all-time high (ATH) of $40 million in May. But within a month, its market cap reached $250 million without major drawdowns, suggesting that Bonk Guy may have been right after all.

The Risks Behind USELESS

Almost nothing is known about the USELESS team. The project has an official page and an X (Twitter) community, where daily posts LINK the token to its brand identity. As of July 4, the account had nearly 7,000 followers.

BREAKING: Jeff Bezos sells $5b worth of Amazon shares to buy Useless coin pic.twitter.com/yxr7XDgRa3

The meme coin’s concept is simple: it’s “useless” but might make you rich. It hints at a crypto market reality where utility often doesn’t drive price action, as seen in many serious projects struggling to gain traction despite clear use cases. Useless Coin has no utility or defined goal, relying instead on its large community and Bonk Guy’s support.

Utility is Useless. pic.twitter.com/OmA1GAUzPh

At some point, community activity may slow down. Liquidity, especially in meme coins, tends to FLOW to newer and trendier tokens. While USELESS is growing now, no rally lasts forever. The higher its market cap climbs, the greater the chances of a correction.

$useless dips still getting bought up every day constantly despite already being up big.

500m mcap looks within reach pic.twitter.com/pKzmb8xTH4

Bonk Guy hasn’t sold his USELESS holdings yet, but when he does, the price could face a sharp drop. No one knows what target he has set for himself.

Is USELESS the New Fartcoin?

The crypto community has started comparing Useless coin to Fartcoin (FARTCOIN). Their charts are indeed similar. FARTCOIN saw a rapid price jump in its early days, followed by a long correction that bottomed out.

Later, like USELESS, it surged again, reaching a market cap of over $350 million. After launching in October 2024, FARTCOIN peaked at $2.5 billion in January 2025.

However, the chart shows at least two DEEP corrections along the way. One came after about a month of strong growth (similar to what USELESS is showing now), when market cap fell from around $400 million to below $120 million.

Another correction hit after FARTCOIN reached $1 billion, dropping it to $650 million.

Hype, Risks, and the Need for DYOR

Today, USELESS remains one of the most talked-about meme coins, with its active community driving attention and mindshare rising by nearly 84% last week compared to other Solana-based meme coins, according to Messari.

While it offers opportunities for those chasing fast gains, the meme coin also carries the high risks typical of meme coins. Its future depends on both community momentum and key holders like Bonk Guy. As always in crypto, do your own research before making any decisions.