Despite a decline in the popularity of memecoins in the market, new projects continue to emerge. One of the most notable examples is Useless Coin, which has achieved significant success in a short period.
Overview of the Memecoin Market
Amid an overall decline in interest in memecoins, new tokens are emerging, some of which show significant growth. Studies show that the memecoin Useless Coin (USELESS) has become one of the recent successes in this sphere.
Achievements of Useless Coin
Useless Coin, created by the LetsBONK platform, reached a market capitalization of $100 million in just a few days. According to data, the token reached $0.1 and is currently trading at $0.081. This growth has allowed it to surpass established memecoins like Dogecoin (DOGE), SHIB, PEPE, and others.
Investments in Useless Coin
Bonk community figure Unipcs acquired 28.1 million Useless Coin tokens for $381,900. This purchase has brought him an unrealized profit of $2 million. Despite the successful investment in USELESS, it is reported that out of 48 tokens in his portfolio, 44 are in the red.
Useless Coin demonstrates that even in conditions of a general decline in interest in memecoins, significant development and success are possible. Investments, diverse tokens, and their dynamics continue to attract attention in the market.
