Useless Crypto Price Prediction – New Meme Coin Goes Viral

Despite the extreme volatility in the broader market, occasioned by the escalating tensions in the Middle East, new meme coins are gaining more buzz and experiencing parabolic price pumps. 

Among them is Useless Coin (USELESS), a Solana meme coin launched by LetsBonk.fun nearly a month ago. 

USELESS’ head-scratching strength – evidenced by a quadruple-digit rally since early June – has turned several early investors into millionaires overnight. 

For instance, a popular degen investor Chilled, claimed to have turned his $600k investment into $4 million with the meme coin. 

Similarly, Lookonchain spotted a Bonk community figure, Unipcs, who bought 28.8 million USELESS tokens for $381,900. And right now, the investment is worth over $2.5 million. 

Fortunately, USELESS’s bullish strength is still on full display, surging almost 31% on the daily timeframe to hit a new all-time high of $0.105 – placing it among today’s top crypto gainers. 

Its market cap is also running up to $120 million, highlighting the excitement and speculative interest surrounding the token. 

Will $USELESS continue its upward momentum?

What is $USELESS?

Useless Coin entered the market barely a month ago with no utility, whitepaper, or roadmap, making it nothing more than just another speculative play. 

Then what’s driving the frenzy around it? The “Useless” narrative! Useless Coin plays on the ironic notion that all joke tokens are useless, leveraging that satirical concept to build a cult following on social media. 

So far, the approach appears to be working –  the meme coin currently boasts over 13,000 holders and has hit $23 million in daily trading volume, which is impressive for a meme coin that just launched. 

Meanwhile, USELESS’ breakout debut has grabbed the attention of leading publications like CoinDesk, which hailed it as the potential successor to DOGE and SHIB. 

Useless Coin Price Analysis –  Is USELESS Poised for Another Leg Up? 

At a time when other cryptocurrencies, including Bitcoin are trading sideways, USELESS continues to maintain its upward trajectory, surging nearly 130% over the past two weeks – with most of the increase happening in the last seven days. 

It is currently among the top three trending tokens on CoinGecko today, with over 80% of market sentiment still flagging bullish. 

The 15-minute chart shows the USELESS/USD price trading in a rounding top pattern, currently at $0.101. The price has slightly corrected from its recent ATH at $0.105, marking a 5% decrease as the bears attempt to outperform the bulls.

With $0.103 acting as the next significant hurdle, a breakout could drive the USELESS price further, potentially allowing it to hit new highs. However, failure to break above this level could result in a retracement toward the $0.099 support level. 

Regardless, market participants are increasingly optimistic about the token’s short-term potential, with prominent traders like Unipcs calling it the strongest meme coin narrative to emerge from the trenches this year. 

Unsurprisingly, USELESS’ trading volume has continued to climb, jumping nearly 60% on the daily time frame to hit $23.6 million at press time. 

Assuming the momentum persists and the token price breaks above $0.103, bulls may target even higher levels at $0.109, $0.111, and $0.118 in the coming days. 

Where’s the USELESS Price Headed in the Short-Term?

Despite promising no practical use cases, USELESS – just like other no-utility Solana meme coins such as Fartcoin, Popcat, and Dogwifhat – has gained ground in the crypto space. It’s among the hottest things onchain right now, having turned the satirical “useless” pitch into a rallying cry. 

Little wonder that it has continued to attract intense trading activity and astounding price growth. And as investor appetite for short-term speculative plays continues to rise, USELESS’ parabolic climb might continue throughout June.

After all, the broader market could be making a comeback soon, with rumors suggesting that Iran has reached out to Donald Trump in a bid to douse tensions in the Middle East. Already, Bitcoin has returned to the green and other altcoins are following suit.

Bitcoin may attempt a rally above $110k if the rumor turns out to be true, potentially paving the way for USELESS and other meme coins to hit new highs. 

That being said, since USELESS hasn’t promised any utility – now or in the future – investors should note that its price action will likely remain volatile and could mirror the action of SOL. 

Two Other Viral Crypto Launches With 100x Potential

The short-term success of USELESS is another indication that new, low-cap meme coins aren’t affected by the broader market outlook. 

And as investors head into the third quarter of the year, these crypto assets will continue to deliver jaw-dropping returns even during a bear cycle. 

It’s therefore important for meme coin hunters to identify such gems early to maximize the chances of securing the next 100x return. 

In this segment of our article, we highlight two standout projects drawing increased attention right now for their explosive potential – one’s more of a meme coin while the other focuses on utility. 

BTC Bull

BTC Bull (BTCBULL), a new Bitcoin-themed meme coin, has been the talk of the crypto town since making its presale debut, raising over $7 million from whales and retailers alike. 

BTC Bull may not promise any practical utility, but its ability to tie its growth potential to Bitcoin’s long-term viability means it is not another “useless token.” Think of it as a more flexible gateway to Bitcoin’s ever-strong narrative – low-entry requirements and impressive reward potential. 

Every BTCBULL holder will receive free Bitcoin airdrops as the BTC price smash certain milestones. The first airdrop will happen at $150k, which many experts believe could materialize in July.

With just a few days to its exchange debut, early buyers are already viewing BTC Bull as the next 100x crypto. The growing possibility of a ceasefire deal between Israel and Iran before the end of the month means BTC Bull will likely launch in the midst of an explosive bull run, which could ultimately result in parabolic listing pumps. 

Solaxy

Heavy whale demand is a hallmark of viral new assets – and Solaxy’s no exception. Touted as the first major Layer-2 coin on Solana, Solaxy has raised over $54 million in its ICO with barely four days remaining before its exchange debut.

The project’s major appeal stems from its focus on delivering practical utility through a cutting-edge Layer-2 scaling architecture. The goal is to ensure fast and cheap transactions, zero downtime and excellent scalability, even during periods of high network congestion.

Solaxy’s testnet is already live, marking a crucial step in its efforts to revolutionize blockchain performance. Other than its Layer-2 and associated features, Solaxy is also developing a launchpad dubbed “Igniter Protocol” that will enable users to create their tokens directly within the ecosystem. 

Considering several key factors, including its stellar presale performance and rapidly popular Layer-2 ecosystem, Solaxy appears poised for an explosive debut. Prominent crypto YouTuber ClayBro is bullish on SOLX, tipping it for 100x growth. 

Those yet to get in on the ground floor have one final chance to purchase SOLX at the lowest price it could ever be before its exchange listings in the coming days. 

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