Amid ongoing geopolitical negotiations and market fluctuations, Coinbase has announced a new cryptocurrency listing, including Useless Token — a humorous meme coin.
Announcement on Coinbase
On August 19, Coinbase announced its intent to add Useless Coin (USELESS) to its lineup, previously mentioned in its roadmap. An official listing notice is expected soon. This altcoin, operating on the Solana network, is crafted with humor in mind, mocking exaggerated project goals in the cryptocurrency space, fully embodying its name.
Market Reactions and Predictions
The announcement resulted in a roughly 7% spike in the value of USELESS Token, bringing it close to a peak triggered by news releases. Market analysts speculate that if this trend continues, the token could target the $0.292 level, with the potential to break the $0.329 resistance. Trading for the token is set to commence on August 20, 2025, with trading pairs activated gradually, allowing the market to adjust to the new asset.
Significance and Prospects
This launch highlights the unpredictable and often humorous side of the cryptocurrency industry, where even meme coins find their niche. The case of USELESS Token demonstrates the blend of speculation and satire prevalent among digital asset enthusiasts. Investors and traders must remain vigilant, given the token’s comedic undertone juxtaposed with real monetary implications.
Despite ongoing geopolitical tensions and economic shifts, the realm of digital currencies continues to evolve, underscoring the blend of entertainment and serious investing in the cryptocurrency market.
