Crypto
Useless Coin Defies Name, Surges Past Dogecoin and Shiba Inu
A Solana-based memecoin called Useless Coin (USELESS) has defied its name and outperformed more established meme tokens like Dogecoin (DOGE) and Shiba Inu (SHIB).
Last week, USELESS surged by a whopping 230% and is now up 444% in just one month.
The coin's rapid growth can be attributed to its unexpected win in the Kraken trading competition, which led to its logo being featured on Atlético de Madrid's jerseys.
Zcash, a widely followed cryptocurrency analyst, called the bottom for USELESS and encouraged quick buying to drive its market capitalization to $10 million.