According to Lookonchain, after $USELESS broke the $100 million market cap, the trader Cooker.hl sold 5 million $USELESS tokens for 3,278 $SOL (equivalent to $481,000). Cooker.hl still holds 9.26 million $USELESS (valued at $949,000), with a total realized profit of $1.29 million. This major sell-off and profit-taking event may indicate heightened volatility and increased trading opportunities in $USELESS and related Solana-based tokens. (Source: Lookonchain, solscan.io)

According to Lookonchain, Unipcs (@theunipcs) invested $381.9K to accumulate 28.08 million $USELESS tokens (currently valued at $2.4M) and has not sold any tokens, resulting in an unrealized profit exceeding $2M. Despite this significant gain, Unipcs's overall wallet remains negative as 44 out of his 48 token investments are at a loss. This case highlights the volatility and risk concentration in altcoin portfolios, with only $USELESS delivering substantial returns. Crypto traders should note the importance of diversification and risk management when holding multiple tokens, especially in trending meme coins. (Source: Lookonchain on Twitter, June 16, 2025)