USELESS Token Surges 2,000% to $200 Million Market Cap in June
$USELESS token, a Solana-hosted memecoin, surged by 2,000% in June 2025, driven by viral social media activity and support from influencer Bonk Guy.
Key Points
- On June 9, Bonk Guy endorsed $USELESS on Twitter, predicting significant growth.
- The token's market cap increased from $10 million to over $200 million within weeks.
- Peak valuation reached $217 million, trading at $0.22 before correcting to $0.18.
- Community momentum fueled the price rally, with no traditional DeFi fundamentals or roadmap.
- $USELESS remains unlisted on major exchanges like Binance and Coinbase, trading exclusively on Solana DEXs.
- Speculation grows about future CEX listings, which could drive further gains.
- Risk exists of a rapid price reversal if interest wanes or Bonk Guy shifts focus.
The token represents a shift towards speculative trading within the Solana meme ecosystem.