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USELESS Token Soars 2,000% in June as Bonk Guy Shills New Memecoin to $200M Market Cap
Solana memecoin USELESS has exploded by an astonishing 2,000% in June, fueled by a viral tweet from prominent crypto influencer Bonk Guy. The token’s price skyrocketed from a mere $10 million market cap on June 9th to surpass the $217 million mark within weeks.
Bonk Guy, a well-known figure in the Solana ecosystem, has been instrumental in driving the token’s meteoric rise. His influential endorsement triggered an unprecedented surge in buying interest and speculation around USELESS. This development highlights the growing importance of influencer-backed projects in shaping market trends.
Despite reaching its all-time high valuation of $217 million, USELESS remains unlisted on major centralized exchanges (CEXs) like Binance and Coinbase. The token currently trades exclusively on-chain through Solana DEXs such as Raydium, Orca, and Meteora.
Market sentiment is now fueled by the prospect of future listings, which could unlock even greater value for early adopters and speculators alike. It seems that Bonk Guy’s attention has not yet waned, leaving room for further upward momentum in this highly speculative market.
It is crucial to note that USELESS operates without any concrete roadmap or team disclosure, a peculiar characteristic in the crypto space. This lack of transparency might be perceived as an opportunity by some investors seeking rapid gains in this nascent market.
Source: www.coinspeaker.com
