Latest Useless Coin (USELESS) News Update

By CMC AI
28 September 2026 08:41AM (UTC+0)

What is the latest news on USELESS?

TLDR

Useless Coin is living up to its name with high volatility, yet remains a fixture in the Solana meme coin conversation. Here are the latest news:

  1. Price Prediction Amid Thin Liquidity (22 September 2026) – A detailed analysis highlights unique risks from its single perpetual market and placeholder price data.

  2. Featured Among Trending Solana Meme Coins (24 September 2026) – The coin is listed as a top project, noted for its full circulating supply and high volatility.

Deep Dive

1. Price Prediction Amid Thin Liquidity (22 September 2026)

Overview: A deep-dive analysis from Phemex examined USELESS's price action as of 20 September 2026. The token closed at $0.23843, down 7.02% in a session where most perpetual contracts rose. A unique risk stems from its trading venue: USELESS is only traded via a 20x leverage perpetual contract on Phemex, with its spot pair delisted. The analysis also noted charting artifacts from nine frozen placeholder price bars in August, which complicate moving average calculations. What this means: This is a neutral-to-cautionary signal for USELESS because its price is purely driven by speculative demand on a single, leveraged derivatives venue, increasing volatility and liquidation risks. The lack of a spot market or arbitrage limits price discovery stability. (Phemex)

Overview: A CoinMarketCap community article reviewing trending Solana meme coins listed USELESS as a key project. It was priced at $0.2962 at the time, with a market cap near $296 million and 24-hour volume of $78 million. The article highlighted that nearly all of its 1 billion token supply is circulating, which minimizes future dilution risk, but flagged the asset as "highly volatile." What this means: This is bullish for USELESS's visibility and liquidity, as inclusion in such roundups attracts retail attention and trading volume within the hot Solana meme ecosystem. However, the explicit volatility warning underscores the high-risk, sentiment-driven nature of the asset. (CoinMarketCap)

Conclusion

USELESS remains a high-beta play on Solana meme coin sentiment, with its recent narrative shaped by exchange-specific trading dynamics and ongoing sector visibility. Will sustained trading volume on its sole perpetual market provide enough stability for its next move, or will the inherent leverage amplify the next downturn?

What are people saying about USELESS?

TLDR

Useless Coin's community is riding a wave of hype from a major exchange listing, with traders split between chasing the pump and bracing for a pullback. Here’s what’s trending:

  1. A trader signals a parabolic move is imminent, citing a breakout from a long accumulation phase.

  2. The official account leans into the token's satirical "useless" branding with a self-aware quip.

  3. A technical analyst issues a sell signal, warning of a sharp drop to $0.055.

Deep Dive

1. @bootzz: Calling for an imminent all-time high breakout bullish

"there are many USELESS coins... $USELESS is one of the few that is looking primed for all-time highs... train leaves the station soon & many will end up buying above 100M" – @bootzz (2.6K followers · 26 May 2026 17:23 UTC) View original post What this means: This is bullish for USELESS because it frames the current price as a final opportunity before a major leg up, encouraging FOMO and reinforcing the narrative that it's a top-tier memecoin poised for a breakout.

2. @theuselesscoin: Satirical embrace of its own futility neutral

"What’s all this talk about smart money buying Useless Coin? There’s no smart money here. Only Useless money." – @theuselesscoin (22.6K followers · 8 August 2025 18:13 UTC) View original post What this means: This is neutral for USELESS as it reinforces the token's core identity as a self-aware parody, which can strengthen community cohesion but doesn't directly drive price action.

3. @kriptofarsi: Issuing a sell signal with downside targets bearish

"🔹 Useless Coin USELESS 🟧 SELL SIGNAL... 🎯 Targets: 🥇 0.055 (-4.6%) 🥈 0.0529 (-8.3%) 🥉 0.0502 (-12.9%)" – @kriptofarsi (1.1K followers · 16 May 2026 20:01 UTC) View original post What this means: This is bearish for USELESS as it provides specific, lower price targets that could trigger stop-losses and increase selling pressure, especially among short-term traders.

Conclusion

The consensus on USELESS is mixed, caught between explosive momentum from the Bithumb listing and technical warnings of overextension. The chatter highlights a classic memecoin dynamic: strong community conviction fueled by exchange-driven hype, yet vulnerable to sharp reversals when momentum stalls. Watch for a decisive break above the $0.26–$0.28 resistance zone to confirm the bullish continuation, or a drop below $0.19 to signal a deeper correction.

What is next on USELESS’s roadmap?

TLDR

Useless Coin's development continues with these milestones:

  1. Airdrop Campaign (September 2026) – Recent community distribution to boost engagement and liquidity.

  2. Sell 'Coming Soon' Merchandise (Q2 2026+) – Satirical merch launch playing on perpetual anticipation.

  3. Launch Movie Trailer Without a Film (Q2 2026+) – Meta-commentary on hype cycles with no product.

Deep Dive

1. Airdrop Campaign (September 2026)

Overview: Social media posts in late August and September 2026 flagged an ongoing USELESS airdrop (Ayoba Sánchez). This is a common memecoin tactic to distribute tokens, reward holders, and attract new users, though the project's official satirical roadmap doesn't mention it.

What this means: This is neutral for USELESS because it could temporarily increase holder count and trading volume, but as a purely sentiment-driven asset, any price impact depends on whether the airdrop sustains community hype or triggers sell pressure from recipients.

2. Sell 'Coming Soon' Merchandise (Q2 2026+)

Overview: The official roadmap lists selling "Useless merch that says 'Coming Soon'" as part of the "Post-Useless Era" beginning Q2 2026+ (Useless Coin Roadmap). This is a parody of projects that over-promise, turning the lack of utility into a brand statement.

What this means: This is neutral for USELESS because it reinforces its satirical identity and could foster community bonding, but it doesn't create token utility or direct value accrual. Success hinges on the community's appetite for the joke.

3. Launch Movie Trailer Without a Film (Q2 2026+)

Overview: Also in the "Post-Useless Era," the roadmap plans to "Launch a movie trailer. No movie" (Useless Coin Roadmap). This meta-narrative aims to critique crypto hype cycles, emphasizing style over substance for viral engagement.

What this means: This is neutral for USELESS because it could generate short-term social media buzz and align with its "useless" brand, potentially drawing speculative attention. However, it carries the risk of being perceived as a stale joke if not executed creatively.

Conclusion

Useless Coin's roadmap is an intentional satire, with upcoming "milestones" designed to mock traditional crypto development rather than deliver utility. Its trajectory relies entirely on maintaining viral community sentiment and memetic value. Given its dependence on hype cycles, how might broader Solana memecoin trends influence its relevance compared to other joke tokens?

What is the latest update in USELESS’s codebase?

TLDR

Useless Coin's development philosophy intentionally avoids traditional codebase updates.

  1. Core Protocol Finalization (May 2025) – The token's minting authority was permanently revoked at launch, locking the contract.

  2. Roadmap for Inaction (Q2 2025 – Q2 2026+) – The project's published plan satirically outlines milestones for achieving "meta-nothing."

  3. Parody Technical Documentation (2025) – The official whitepaper is a 47-page satire that explicitly states there are no technical specifications.

Deep Dive

1. Core Protocol Finalization (May 2025)

Overview: The most significant technical action for Useless Coin was its initial setup. At launch via LetsBONK.fun in May 2025, the smart contract's minting authority was permanently revoked. This means no new USELESS tokens can ever be created, and the core code cannot be altered.

What this means: This is neutral for $USELESS because it guarantees a fixed, transparent supply of 1 billion tokens, removing the risk of inflationary supply shocks. However, it also means the protocol is functionally complete and will not receive feature upgrades or technical improvements.

(Indodax Academy)

2. Roadmap for Inaction (Q2 2025 – Q2 2026+)

Overview: The project's official roadmap is a satirical "journey to nowhere." It outlines quarters dedicated to "Community-Led Inaction," forming a DAO to "discuss nothing," and an "Anti-Roadmap Pivot" to ditch all plans.

What this means: This is bearish for $USELESS from a fundamental development perspective because it confirms there is no intention to build utility, enhance security, or improve the protocol. The token's value is purely driven by community sentiment and market speculation, with no underlying product evolution.

(Useless Coin Roadmap)

3. Parody Technical Documentation (2025)

Overview: The project's 47-page whitepaper is presented as a parody. A section titled "Technical Specifications" explicitly states "(There are none)," and the document concludes that the token is "indeed, useless."

What this means: This is neutral for $USELESS as it reinforces the project's transparent, satirical branding. It sets clear expectations for investors: there is no technical foundation to analyze or update, making traditional codebase review irrelevant. All investment theses must be based on social momentum alone.

(Useless Coin Whitepaper)

Conclusion

Useless Coin's "codebase" is defined by its intentional and immutable lack of development, a core tenet of its meme-driven identity. With its supply locked and a parody roadmap, the project's trajectory relies entirely on community engagement and speculative trading cycles. How will its price action evolve when market sentiment is the only variable in play?

CMC AI can make mistakes. Not financial advice.