There’s an actual useless memecoin, and it’s good

-

Anatoly Yakovenko dropped some roast not so long ago. He called the Solana community useless.

Boom. Imagine the reaction, like the office boss telling everyone their work doesn’t matter. Not exactly a crowd-pleaser.

Unexpected fame

Now, before you think Anatoly’s just being salty, remember this guy’s no stranger to stirring the pot.

Not long ago, he likened memecoins and NFTs to loot boxes with no real reward, calling them digital slop.

Talk about walking into a lion’s den blindfolded. But those words, useless and digital slop, they didn’t scare off the traders. Nope.

A bunch of savvy investors saw an opportunity where others saw insult.

Enter USELESS, an already existing Solana memecoin baptized properly with that word, riding this wave of unexpected fame. USELESS is making moves.

Flexing muscle

Look at the numbers, in the past 24 hours alone, USELESS shot up 8.1%. And derivative markets aren’t sleeping either, $4.3 million fresh cash is pushing open interest close to $26 million.

The charts? They’re flashing green in that key demand zone, the kind that’s sparked four previous rallies.

Source: TradingView

History has shown every time prices hit this spot, they bounce back strong, breaking records. If the pattern holds tight, USELESS could smash past its July 28th high of $0.441 soon.

Despite Anatoly’s snubs, the memecoin world is still very much alive and kicking on Solana. Think of it like an underdog team winning against all odds.

Six of the top 10 memecoins, including crowd-pleasers like Pudgy Penguins, Bonk, and even Official Trump, hail from Solana’s playground.

Source: CoinMarketCap

The memecoin sector is flexing muscle with a steady 14.1% monthly growth and a nice $65.66 billion market cap.

Room to run?

Investors hungry for gains know that if USELESS follows its historic fractal patterns, there’s room to run, and big time.

So, what’s the big takeaway here? Anatoly’s tirade might’ve been meant to shake the tree, but instead, it dropped the juiciest fruit for those quick enough to catch it.

Sometimes your biggest critics say something dumb, but hand you the best opportunity, like your office rival accidentally giving away the winning play. Solana’s memecoin story?

Far from useless. Well played, Mr. Yakovenko!

What is USELESS and why is it trending?

USELESS is a Solana-based memecoin that gained unexpected attention after Solana co-founder Anatoly Yakovenko referred to the community and some tokens as “useless.” Traders turned the insult into hype, propelling the existing token named USELESS into the spotlight.

How is USELESS performing right now?

In the past 24 hours, USELESS surged 8.1%. Derivatives data shows nearly $26 million in open interest, with $4.3 million in new inflows. It’s sitting in a key demand zone that has sparked multiple rallies in the past.

What role do memecoins play in Solana’s ecosystem?

Memecoins are thriving on Solana, with six out of the top 10 by volume originating there. The sector sees 14.1% monthly growth and holds a $65.66 billion market cap. Popular examples include Bonk, Pudgy Penguins, and Official Trump.

Could USELESS hit a new all-time high?

If historical patterns repeat, USELESS could break past its July 28 high of $0.441. Analysts point to fractal trends and strong demand as indicators of further upside potential.

 


Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.

András Mészáros
Written by András Mészáros
Cryptocurrency and Web3 expert, founder of Kriptoworld
LinkedIn | X (Twitter) | More articles

With years of experience covering the blockchain space, András delivers insightful reporting on DeFi, tokenization, altcoins, and crypto regulations shaping the digital economy.

📅 Published: August 5, 2025 • 🕓 Last updated: August 5, 2025
✉️ Contact: [email protected]

LATEST POSTS

Gold and Silver Take Back the Top Market Cap Spots as Bitcoin Holds Eighth

Gold and silver briefly returned to the top two places by market capitalization as 2026 began, based on CompaniesMarketCap data. The same market capitalization ranking...

$30M Paraguay Fire Sale Is The Last Step In Bitfarms’ LATAM Exit

Imagine a mining cowboy riding hard out of the dusty Latin American plains, pockets jingling with $30 million, eyes locked on the neon glow of...

Memecoin market cap jumps to $47.7 billion as memecoin transaction volume hits $8.7 billion

The memecoin market cap rose more than 23% in the past week, according to CoinMarketCap data cited in the report. The sector rebounded after it...

Wallet Drainer Phishing On Decline, But There’s Bad News

Chase the ghost of crypto scams through 2025's markets, and you'll find wallet drainer phishing took a nosedive. Analysts reported that losses slashed to $83.85...
120FollowersFollow

Most Popular

Guest posts