Although Useless Coin (USELESS), a Solana-based meme token known for its lack of intrinsic utility, experienced a notable surge of approximately 45% following its inclusion on Coinbase’s listing roadmap in August 2025, market participants remain cautious about its speculative volatility. The announcement led to a rapid price increase of over 51% within 24 hours, peaking at $0.29 and elevating the token’s market capitalization to nearly $2.9 billion. Prior to this event, USELESS traded at roughly $0.1949, indicating a substantial investor response driven primarily by heightened visibility and social media amplification rather than fundamental changes in the token’s attributes. This surge exemplifies how off-chain processing can influence token dynamics even without changes in core technology.
Useless Coin’s design intentionally embraces absurdity, operating as a self-aware meme token within the $Bonk ecosystem on Solana, with no underlying utility or technological innovation to support its valuation. Its market performance is largely influenced by speculative trading and community-driven hype, a characteristic that has facilitated rapid market cap growth despite the absence of traditional fundamentals. This phenomenon reflects a broader trend in which meme coins attract institutional attention and major exchange listings based on trading volume and viral appeal, rather than conventional metrics of value or utility. Coinbase’s listing of USELESS is part of a broader token diversity strategy aimed at expanding their token offerings. The surge highlights how hype-driven movements continue to dominate the altcoin market despite fundamental weaknesses.
Useless Coin thrives on speculative hype, lacking utility yet gaining massive market cap through viral appeal and trading volume.
Investor sentiment following Coinbase’s roadmap inclusion reveals a mixture of optimism and prudence. Retail investors and some institutional participants have shown increased interest due to the token’s viral momentum and enhanced accessibility, yet analysts caution against the inherent risks of speculative volatility and question the sustainability of such tokens over the long term. The listing also aligns with Coinbase’s strategic efforts to compete with Binance by incorporating high-volume memecoins like BONK and TRUMP, underscoring a shift in exchange priorities toward market demand and liquidity.
Price trends since the token’s launch in May 2025 further highlight its volatile nature, with USELESS rising from a modest market cap of $200,000 to $300 million within a week and experiencing a price increase exceeding 400% over a recent month. Forecasts remain contingent on continued community engagement and additional exchange listings, emphasizing the token’s dependence on external factors rather than intrinsic development. The Coinbase inclusion exemplifies ongoing changes in the crypto landscape, where speculative assets gain prominence amid evolving regulatory frameworks and competitive exchange dynamics.
