According to @coinsph, Coins.ph has announced the listing of $USELESS, a new meme coin project, aiming to boost community participation and trading activity on its platform. The token, promoted as a symbol of crypto self-awareness, is expected to attract speculative traders and increase overall liquidity for meme coins. This listing could provide short-term trading opportunities for users seeking high-volatility assets, while also expanding the variety of meme coins available for trading on Coins.ph (source: @coinsph).

According to @milesdeutscher, major social media accounts have had a significant trading impact on meme coins such as $SPX, $USELESS, and $WIF. For example, @MustStopMurad drove $SPX to become the 7th largest meme coin, @theunipcs elevated $USELESS to over $400 million in market cap, and @blknoiz06 helped $WIF reach a $4 billion peak valuation. These cases highlight the direct influence of prominent figures on meme coin price action and liquidity, offering crucial signals for short-term traders seeking volatility and rapid gains. Source: @milesdeutscher.

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)