- Bonk Guy’s $378K USELESS play balloons to $4M in 49 days with zero sells, locking in 28.1M tokens at $0.0131 average.
- New wallet pulled $608K USDC from Coinbase to buy 4M USELESS, signaling growing whale interest and deep market conviction.
- USELESS Coin hits $0.1714 with a 20.2% daily surge and $170M market cap, trading near full supply with no inflation pressure.
USELESS Coin has surged past $0.17, marking a new all-time high as whale wallets register major activity. Unipcs (aka Bonk Guy) is now up $4M on his 49-day position, fully recovering past portfolio losses.
$4M Comeback: Bonk Guy’s USELESS Bet Pays Off
According to a post by Lookonchain, Unipcs has turned a $378K position into $4M holding USELESS for 49 days. The address accumulated 28.1 million tokens across three buys and hasn’t sold any since. With 99.51% of the tokens untouched, the gains remain unrealized.
The buys include 209.6K tokens for $1,424.57, 2.1M tokens for $14.3K, and 58.8K tokens at $842.94. The total cost amounts to $378.6K, bringing the average entry to $0.0131. The position’s value has now reached $4.3M, tracking a +1051% return.
On GMGN Tracker, the wallet has shown 0% sell activity and 0% phishing flags across the past week. It also holds BONGO and LOL, though only BONGO reflects a profit of +$36.4K. Overall PnL across tokens stands at $1.8M, with no realized profit in the past 7 days.
Whale Wallets Move Fast as New Buyer Snaps 4M USELESS
A new wallet withdrew $608K USDC from Coinbase and instantly bought 4 million USELESS tokens. The wallet shows a balance of 3.99M USELESS, valued at $618,493.33, alongside several high-value transactions. Recent inflows include $307,722.93 USDC and $7,687 worth of USELESS from Jupiter Aggregator.
According to a report by Lookonchain, this wallet has conducted USDC outflows totaling nearly $10K toward Jupiter Aggregator Authority 2. Multiple $10 micro-transfers also occurred, suggesting test transactions or liquidity prep. The wallet is marked “onCurve,” which may link it to liquidity pools.
While the wallet currently holds no SOL, its activity shows fast-paced rebalancing behavior. These movements likely relate to market-making or arbitrage roles, using Jupiter protocols for efficiency. The consistent movement of USDC and USELESS reinforces that strategy.
USELESS Price Climbs 20% with $170M Market Cap
USELESS Coin is now trading at $0.1714 after climbing 20.2% in 24 hours, according to CoinGecko data. The price moved within a range of $0.1414 to $0.1702, matching strong intraday demand. Against Bitcoin, USELESS also gained 19%, now worth 0.0001585 BTC.
The market cap stands at $170,862,691 with a fully diluted valuation to match. Trading volume over the same period hit $17,239,222, pointing to rising investor interest. More than 2,000 users have added the token to their watchlists.
USELESS has a circulating and total supply of 999,940,362 tokens, nearly hitting its 1 billion max cap. This reflects a fully unlocked token economy with no vesting or inflation risk. The token now ranks #312 by market cap and continues gaining traction.
