Latest Useless Coin (USELESS) News Update

TLDR Useless Coin rides the meme wave with a mix of irony and exchange hype. Here’s what’s trending:
1. Coinbase listing fuels liquidity optimism
2. Self-aware satire attracts degenerate traders
3. Whale sell-offs spark bearish warnings

Deep Dive

1. @CoinbaseAssets: Exchange expansion bullish

"Useless Coin (USELESS) is now live on Coinbase iOS & Android apps"
– @CoinbaseAssets (2.1M followers · 18.4K impressions · 2025-08-20 16:14 UTC)
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What this means: Bullish for USELESS as Coinbase’s August 20 listing improves accessibility, though the token remains down 20% weekly despite exchange momentum.

2. @theuselesscoin: Meta-irony as marketing mixed

"Every memecoin is Useless. We’re just the only ones honest about it"
– @theuselesscoin (7.2K followers · 89K impressions · 2025-08-09 17:12 UTC)
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What this means: Neutral - The project leans into its "no utility" branding, resonating with meme traders but lacking fundamentals to sustain its $284M market cap.

3. Crypto.News: Whale exits bearish

"Smart money reduced USELESS holdings by 52% since June 4" (Nansen data)
– Crypto.News article (2025-07-02)
View analysis
What this means: Bearish signal as sophisticated investors take profits after the 1,000% rally from May lows, with futures funding rates turning negative (-0.03% avg).

Conclusion

The consensus on USELESS is mixed – boosted by major exchange listings but pressured by profit-taking whales. Watch the $0.27 support level: a breakdown could trigger a retracement toward $0.10, while holding might reignite meme momentum. How long can a coin thrive on being proudly useless?

TLDR No codebase updates found for Useless Coin.

1. No Development Activity (2025) – Team emphasizes "no utility" as core philosophy.
2. Mint Authority Revoked (May 2025) – Fixed supply locked at launch.

Deep Dive

1. No Development Activity (2025)

Overview:
Useless Coin’s anonymous team explicitly states the project has no roadmap, no technical team, and no code updates as part of its satire on crypto utility obsession.

The token’s website and social media repeatedly emphasize its “uselessness” – no GitHub repository exists, and all 1 billion tokens were minted at launch with no further technical development planned.

What this means:
This is neutral for USELESS because its value proposition hinges entirely on meme-driven speculation rather than technical progress. The lack of updates aligns with its design philosophy but leaves it vulnerable to market sentiment shifts.

(Indodax)

2. Mint Authority Revoked (May 2025)

Overview:
The project burned minting capabilities at launch, ensuring a fixed supply of 999 million tokens. This one-time technical action prevents inflationary token creation.

What this means:
This is mildly bullish for USELESS because it guarantees scarcity, a key narrative for meme coins. However, since no further protocol changes are possible, long-term sustainability depends purely on community engagement.

(Cryptonews)

Conclusion

Useless Coin’s codebase remains static by design, relying on scarcity and irony rather than innovation. With no technical team or upgrades planned, its trajectory depends entirely on speculative trading and exchange listings. Could its anti-development stance become a liability if meme coin trends shift toward utility?

TLDR Useless Coin's development continues with these milestones:

1. Indodax Listing (Date TBA) – Indonesian exchange listing announced, pending final confirmation.
2. Multi-Chain Expansion (2025) – Planned integration with BNB Chain via Chainlink.
3. Community-Led Speculation – No formal roadmap, relying on meme-driven hype.

Deep Dive

1. Indodax Listing (Date TBA)

Overview: Indodax, Indonesia’s largest crypto exchange, announced plans to list USELESS, though no specific date was provided. This follows listings on KuCoin, Gate.io, and MEXC, aiming to tap into Southeast Asia’s retail trading demand.

What this means: This is neutral for USELESS because while new listings typically boost liquidity and accessibility, the token’s price remains highly dependent on speculative trading rather than fundamental demand.

2. Multi-Chain Expansion (2025)

Overview: The team stated intentions to expand USELESS to BNB Chain using Chainlink’s cross-chain infrastructure. No technical details or timelines have been shared, aligning with the project’s “anti-roadmap” ethos.

What this means: This is bullish for USELESS because multi-chain availability could attract broader meme coin traders, though execution risks are high given the lack of developer transparency.

3. Community-Led Speculation

Overview: USELESS openly rejects traditional roadmaps, instead relying on community memes and influencer promotions (e.g., “Bonk Guy”). The project’s website satirically outlines “Q3 2025 plans” like forming a “DAO to discuss nothing.”

What this means: This is bearish for USELESS because the absence of tangible milestones increases reliance on volatile sentiment, leaving the token exposed to abrupt sell-offs from whales and smart money.

Conclusion

USELESS’s trajectory hinges on exchange listings and meme virality rather than technical progress. While the Indodax listing and multi-chain plans offer short-term speculative catalysts, the lack of a real roadmap underscores its high-risk profile. Will the token’s “meta-nothing” narrative sustain interest as newer memecoins emerge?

Deep Dive

1. Coinbase Listing Goes Live (20 August 2025)

Overview:
USELESS became tradable on Coinbase’s main platform after being added to its roadmap on 14 August. The Solana-based token saw immediate liquidity improvements, with trading volume hitting $421M (1.5x its market cap) post-listing.

What this means:
The listing is bullish for liquidity and legitimacy but introduces volatility risks – USELESS has already retraced 9% from its $0.30 peak post-launch. Exchange dominance now spans major U.S. platforms, though regulatory scrutiny could follow given its meme status. (Coinbase)

2. Binance Listing Sparks 55% Surge (15 August 2025)

Overview:
Binance’s 15 August spot listing triggered a price jump from $0.22 to $0.31, though profit-taking later cut gains. Orderbook data showed concentrated buying before the announcement, suggesting possible insider activity.

What this means:
While the listing expanded global reach (including U.S. markets via regulatory workarounds), the 298% volume spike highlights speculative churn. Resistance at $0.33 remains key – a breakout could target $0.40, while a drop below $0.27 risks retesting $0.22 support. (AMBCrypto)

3. Indodax Teases Indonesian Listing (8 August 2025)

Overview:
Indonesian exchange Indodax announced plans to list USELESS, capitalizing on its viral “no utility” branding. The token already trades on KuCoin and Gate.io, but this marks its first Southeast Asian foothold.

What this means:
This is neutral-to-bullish for regional adoption but carries high volatility risks – 100% circulating supply means whales could dump holdings post-listing. The move aligns with Solana’s growing meme ecosystem in Asia, where tokens like PENGU and BONK have gained traction. (Indodax)

Conclusion

USELESS thrives on strategic exchange expansions and meme-driven FOMO, but its lack of utility makes it vulnerable to sentiment shifts. While listings enhance liquidity and visibility, can the token sustain momentum without fundamental drivers as altcoin season indicators rise?