USELESS, a meme coin in the Solana ecosystem, has climbed past a $300 million market capitalization, reaching $311 million, according to GMGN market data cited by BlockBeats on Sept. 9. The token was up more than 32% over the past 24 hours. The move comes after trader and commentator Bonk Guy said in a Sept. 1 post that he was more bullish on USELESS than he had been when trading BONK in 2023. In that post, he argued that USELESS had previously risen from roughly $4 million in market cap to $450 million in a non-bull-market environment. He added that if the token goes through its first real bull market, the upside could be larger. As of the latest update, USELESS has gained more than 215% since Bonk Guy’s initial public call.
USELESS, a meme coin on Solana, has moved above a $300 million market capitalization and was last valued at $311 million, according to GMGN market data cited by BlockBeats on Sept. 9. The token was up more than 32% over the past 24 hours.
Bonk Guy said in a Sept. 1 post that he was more bullish on USELESS than he had been when trading BONK in 2023. He also wrote that USELESS had previously climbed from roughly a $4 million market cap to $450 million in a non-bull-market environment, and said the token could see a larger rise if it goes through its first real bull market.
USELESS is now up more than 215% since his first call.
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