Useless Coin
Key Points
- Useless Coin (USELESS) is a cryptocurrency launched in early May 2025, known for its satirical "zero utility" branding, operating mainly on the Solana blockchain.
- It seems likely that it gained popularity through meme culture and community support, with a notable bridge to the BNB Chain in July 2025 using Chainlink CCIP.
- Research suggests its market cap was around $328 million in July 2025, with significant trading volume, though prices can be volatile.
Overview
Useless Coin, or USELESS, is a unique cryptocurrency that markets itself as having no practical use, focusing instead on community vibes and satire. Launched in early May 2025 on the Solana blockchain, it quickly gained attention for its humorous approach, appealing to meme coin enthusiasts. In July 2025, it expanded by bridging to the BNB Chain via Chainlink's Cross-Chain Interoperability Protocol (CCIP), enhancing its trading opportunities.
Technical Details
It operates on Solana with a mint address of Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk, and has a total supply of 1,000,000,000 tokens, with about 999,940,000 in circulation. It lacks traditional features like staking or governance, aligning with its "useless" identity.
Market Performance
As of July 2025, evidence leans toward a market cap of approximately $328 million, with a 24-hour trading volume of $45 million. It reached an all-time high of $0.3805 on July 17, 2025, and is traded on various exchanges, showing significant volatility.
Community and Impact
The project has a strong presence on social media, particularly X (@theuselesscoin), and its community-driven nature has been key to its appeal, especially after the BNB Chain bridge announcement.
Comprehensive Analysis of Useless Coin
This section provides a detailed examination of Useless Coin (USELESS), a cryptocurrency that has carved a niche in the crypto space through its satirical and meme-driven approach. The following analysis is based on available data from reputable sources, including cryptocurrency tracking platforms, official websites, and social media announcements, as of 04:42 PM CEST on Monday, July 21, 2025.
Introduction and Background
Useless Coin, identified by the symbol USELESS, is a cryptocurrency launched in early May 2025, primarily operating on the Solana blockchain. It is notable for its self-proclaimed lack of utility, positioning itself as "the world's first cryptocurrency designed to do absolutely nothing," with a focus on "zero utility, zero purpose, 100% vibes." This satirical branding distinguishes it from traditional cryptocurrencies that emphasize technological innovation or financial utility, instead appealing to a niche audience through humor and community engagement. The project's official website, theuselesscoin.com, describes it as "the most honest crypto project ever created," reinforcing its unique identity.
Historical Development
Useless Coin was introduced via the LetsBONK.fun platform, a launchpad within the Solana ecosystem, in early May 2025. Its initial hype was bolstered by prominent community members, including @theunipcs (known as Bonkguy) and @Solporttom, the platform founder, which contributed to its rapid adoption among meme coin enthusiasts. The project gained further visibility in July 2025 when it announced a bridge to the BNB Chain, facilitated by Chainlink's Cross-Chain Interoperability Protocol (CCIP). This development, announced on July 17, 2025, via X (@theuselesscoin), expanded its liquidity and trading opportunities, marking a significant milestone in its growth. The bridge was highlighted in news reports, such as those from Coinlive and Aicoin, emphasizing its cross-chain accessibility.
Concept and Philosophy
The core philosophy of Useless Coin is encapsulated in its tagline: "Zero utility, zero purpose, 100% vibes." It openly rejects conventional expectations of cryptocurrency projects, such as delivering technological advancements or financial applications. Instead, it embraces a humorous and transparent approach, appealing to a community that appreciates irony and the social aspects of digital assets. The project operates on a "Proof of No Work" consensus mechanism, a playful critique of traditional blockchain models like Proof of Work or Proof of Stake, and claims to be "secured by absolutely nothing." It lacks staking mechanisms, governance structures, or revenue generation outside liquidity fees, making it a purely speculative asset driven by meme culture and community engagement.
Technical Specifications
Useless Coin operates primarily on the Solana blockchain, with its mint address (equivalent to a contract address in other blockchains) being Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk, as confirmed by trading platforms like GeckoTerminal and Phantom. In July 2025, it was bridged to the BNB Chain via Chainlink CCIP, allowing for cross-chain trading. The total supply is 1,000,000,000 USELESS tokens, with a circulating supply of approximately 999,940,000, as reported by sources like CoinGecko and CoinMarketCap. The project does not support traditional utility features, such as smart contracts for decentralized applications (dApps) or decentralized finance (DeFi) integrations, aligning with its "useless" branding.
| Technical Detail | Value |
|---|---|
| Blockchain | Solana (initial), BNB Chain (bridged) |
| Mint Address (Solana) | Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk |
| Total Supply | 1,000,000,000 USELESS |
| Circulating Supply | ~999,940,000 USELESS |
| Holders (as of July 2025) | 24,731 |
| 24-Hour Trading Volume | $45,086,959 (July 2025) |
Market Performance and Trading
As of July 2025, Useless Coin had a market capitalization of approximately $328 million, with a 24-hour trading volume of $45,086,959, according to CoinGecko. It reached an all-time high of $0.3805 on July 17, 2025, shortly after the BNB Chain bridge announcement, and an all-time low of $0.005200 on June 5, 2025, reflecting significant volatility typical of meme coins. The token is traded on various centralized (CEX) and decentralized (DEX) exchanges, including Raydium, MEXC, Phantom, and Jupiter, with price ranges in July 2025 showing a 24-hour high of $0.3281 and a low of $0.2495 on certain days. Despite its satirical nature, Useless Coin has outperformed many "serious" cryptocurrencies, driven by community-driven speculative trading and meme appeal.
| Market Metric | Value (July 2025) |
|---|---|
| Market Cap | $328,551,500 |
| 24-Hour Trading Volume | $45,086,959 |
| All-Time High | $0.3805 (Jul 17, 2025) |
| All-Time Low | $0.005200 (Jun 05, 2025) |
| 24-Hour Price Range | $0.2427–$0.3281 |
Community Engagement and Social Impact
Useless Coin has cultivated a dedicated community, particularly on social media, with an active presence on X under the handle @theuselesscoin. Its community-driven nature is reflected in its branding and the lack of traditional utility, resonating with meme coin enthusiasts. The bridging to BNB Chain via Chainlink CCIP was a notable event, increasing its visibility and trading opportunities, as evidenced by posts from community members like @theunipcs, who highlighted arbitrage opportunities. The project's transparency about its lack of utility has been a key factor in its appeal, positioning it as a counterpoint to overhyped blockchain projects, and it has attracted over 24,731 holders as of July 2025, according to Phantom data.
Supporting Sources
The information presented is drawn from the following sources, accessed and verified for accuracy:
- CoinGecko - Useless Coin
- CoinMarketCap - Useless Coin
- GeckoTerminal - USELESS/SOL
- Phantom - USELESS COIN
- Useless Coin Official Website
- X Post - Useless Coin Chainlink CCIP Bridge Announcement
This comprehensive analysis ensures a thorough understanding of Useless Coin's position in the cryptocurrency landscape, reflecting its unique approach and community-driven growth as of July 2025.