01.07.2025 20:33
The Solana-based memecoin, USELESS, experienced a phenomenal 2,000% price surge in June 2025, rapidly escalating its market capitalization from a mere $10 million to a peak of $217 million. This extraordinary growth stemmed primarily from a viral endorsement by prominent Solana influencer, Unipcs, also known as Bonk Guy.
A tweet posted by Bonk Guy on June 9th, heralding USELESS as a promising low-cap investment, ignited a buying frenzy. His prediction of a multi-billion dollar future for the project, punctuated by the phrase "GOD WILLING," proved remarkably prescient in the short term, at least reaching the "hundreds of millions" portion of his forecast within weeks. The tweet's impact is undeniable, clearly illustrating the power of influencer endorsements in the volatile cryptocurrency market.
Despite its impressive market valuation exceeding $200 million, USELESS remains unlisted on major cryptocurrency exchanges. This absence of readily available trading opportunities presents a potential catalyst for further price appreciation, should major exchanges decide to list the token. The coin’s lack of a formal roadmap or publicly disclosed development team highlights its purely speculative nature; investors are betting on hype and community momentum rather than any verifiable underlying project value.
Launched by LetsBonk, a memecoin launchpad vying for dominance against competitors like Pump.fun, USELESS exemplifies the unpredictable nature of memecoins and the significant influence social media personalities can wield on cryptocurrency markets. Its remarkable ascent serves as a testament to the power of viral marketing and the inherent risks associated with investing in highly speculative assets.
