USELESS Coin Price Rebounds as Solana Meme Trading Returns

USELESS coin has returned to the center of Solana’s meme market after gaining 161.14% over seven days. According to the USELESS price page on MEXC, the token was trading near $0.3005 at 22:04 UTC+8 on September 9, with a market capitalization of approximately $300.27 million.

The latest 24-hour performance was almost flat after USELESS traded between $0.2660 and $0.3359. This matters because the strongest part of the rally may already have happened: traders are now testing whether $0.30 can become a stable price area or whether the recent gains will attract heavier profit-taking.

USELESS is not a newly launched token. It first appeared on Solana in May 2025 and has already experienced several large rallies and corrections. The current move is better understood as a return of attention rather than the discovery of a new project.

Its verified Solana contract address is:

Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk

USELESS Sells Attention Instead of Utility

USELESS was created around a deliberately simple idea: the token does not pretend to solve a major technical problem. Its branding openly embraces the speculative and often irrational nature of meme-coin trading.

That honesty makes the token easy to understand. Buyers are not being asked to study a complicated protocol or wait for a long product roadmap. They are trading the possibility that USELESS becomes one of the most recognizable memes in the Solana ecosystem.

This is also its biggest weakness. USELESS does not generate cash flow or provide a direct claim on a business. Its value depends heavily on community attention, market visibility and the willingness of new participants to buy from existing holders.

The token’s lack of utility is therefore not an overlooked detail—it is the core of both the narrative and the risk.

Why the USELESS Coin Price Is Rising Again

The current rally appears to be driven by a combination of wider trading access, influencer promotion and renewed demand for high-beta Solana meme coins.

USELESS recently gained access to two large South Korean trading platforms. These listings gave the token exposure to a new group of spot traders and helped turn an existing community narrative into a broader liquidity event. Listings do not automatically create lasting demand, but they can temporarily change how many traders are able to access an asset.

Bonk Guy, also known as Unipcs, has added another layer of attention. The trader has repeatedly expressed a bullish view on USELESS and compared its current market position with major meme coins before their strongest rallies. His public portfolio has also included a substantial USELESS position.

These comments can attract buyers because Bonk Guy previously became known for successful meme-coin trades. However, they should not be treated as independent proof that USELESS is undervalued. A holder with a large position benefits when more traders become interested in the same asset.

The third driver is simple momentum. A token that rises more than 160% in a week begins appearing on market leaderboards, social-media feeds and derivatives screens. That visibility can bring in buyers who know little about the original meme but do not want to miss the move.

Nearly Full Circulation Changes the Main Risk

MEXC data shows approximately 999.08 million USELESS tokens in circulation out of a maximum supply of one billion. This means nearly the entire supply is already tradable.

For investors, this reduces the importance of future token unlocks. There is no large undisclosed supply overhang visible in the published circulation figures.

But full circulation does not remove selling pressure. It changes where that pressure comes from.

Instead of waiting for scheduled unlocks, traders need to watch existing holders. Early buyers may be sitting on considerable unrealized gains after the token’s recovery. If social attention weakens, those holders can sell immediately without waiting for a vesting date.

MEXC’s view is that USELESS is currently undergoing an attention-driven repricing rather than a fundamental revaluation. The nearly complete circulating supply makes future unlocks less relevant, but it puts greater importance on spot demand, holder behavior and the market’s ability to absorb profit-taking. The real test is not whether USELESS can attract another viral post—it is whether buyers remain after that post disappears from the timeline.

Can USELESS Return to Its Previous High?

USELESS remains below its recorded all-time high of approximately $0.4375. A return to that level is possible, but it would require more than another short burst of social-media activity.

In a bullish scenario, the rally could continue if recent listings produce sustained spot demand, Solana meme coins remain active and USELESS keeps attracting buyers after short-term pullbacks. Continued growth in genuine trading participation would be more constructive than price gains driven mainly by leveraged positions.

In a bearish scenario, the rally may weaken if listing-related demand fades or large holders begin taking profits. After a 161% weekly gain, even a normal reduction in risk appetite could cause a sharp correction.

Traders should monitor spot turnover, changes in large-holder balances, derivatives funding and whether trading activity remains strong when the price is no longer making new short-term highs. A rising price supported by fewer participants would be less convincing than a stable price accompanied by broad spot demand.

The latest market data is available through USELESS/USDT spot trading on MEXC. Traders using the USELESS USDT perpetual market should account for the additional liquidation risk created by leverage.

FAQ

What is USELESS coin?

USELESS is a community-driven Meme coin launched on Solana in May 2025. Its narrative intentionally rejects traditional utility and treats attention, humor and speculation as its main sources of value.

Why is USELESS coin rising?

The recent rally has been supported by new trading access in South Korea, repeated promotion from Bonk Guy, renewed interest in Solana meme coins and momentum buying after the token appeared on market leaderboards.

What is the official USELESS contract address?

The verified Solana contract is Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk. The complete address should be checked because unrelated tokens can use similar names.

Is USELESS a new token?

No. USELESS was launched in May 2025. The current rally represents renewed market attention rather than an initial token launch.

Can the USELESS price keep rising?

The price may continue higher if spot demand remains strong after the recent listings and the wider Solana meme market stays active. Momentum could reverse quickly if attention falls or early holders begin selling into weaker liquidity.

Where can I buy USELESS coin?

USELESS has a verified spot market on MEXC. Availability and trading services may differ by region, so users should check the live market page before placing an order.