Useless Coin: A Risky Trap for New Retail Investors
If you're a new retail investor thinking about jumping into Useless Coin, it's important to understand what you're really getting into. On the surface, this coin may look like a success — as of July 29, it shows a market cap of $292 million and a price of $0.2925. But the reality behind the numbers tells a different story.
Recently, Useless Coin has gained popularity across social media platforms like X (Twitter), with influencers posting hype-driven content. But this buzz may not be organic — many of these posts seem designed to attract new retail investors who unknowingly provide exit liquidity for early whale investors.
Breakdown of Holders
Total holders: Around 28,000
Retail investors (26,984 addresses) hold only about 10% of the supply (~$29.32 million worth)
Whale wallets (93) control 44% of the supply (~440 million tokens)
Dolphin wallets (962) hold another 35% (~349.5 million tokens)
Together, whales and dolphins control roughly 80% of the total supply — about 800 million tokens. Most of these tokens were bought in May and June, with an average price around $0.02. Some top wallets are already sitting on profits of over $30 million.
The Real Risk
These early buyers now need new investors to buy the coin at higher prices, so they can sell their massive holdings and secure profits. That means if you’re buying now, there's a high chance you're entering near the top while they’re preparing to exit.
What’s Next?
If you're feeling like you missed out on buying early — don’t worry. There are other opportunities that whales are reportedly rotating into:
KingNet AI
Price: $0.005798
Market Cap: $5.79 million
Project 89
Price: $0.01136
Market Cap: $11.36 million
Both of these tokens are at early stages and currently being accumulated by the same whales that pumped Useless Coin. They’re still cheap and may see hype in the near future, especially when listed on major exchanges.
Bitlayer is an innovative Layer 2 solution designed to bring smart contracts and DeFi capabilities to $BTC . Built on the BitVM paradigm, it introduces EVM compatibility, allowing developers to build decentralized apps (dApps) directly on Bitcoin while preserving its security.
The project’s native token, BTR, has a fixed supply of 1 billion and powers ecosystem incentives and governance. Backed by top investors like Franklin Templeton, Framework Ventures, and ABCDE Capital, Bitlayer has raised $25 million, reflecting strong confidence in its potential.
Bitlayer’s upcoming ICO is scheduled for July 31 to August 7, 2025, According to sources, Bitlayer is in discussions with major exchanges, and listing is expected soon, potentially in Q3 2025 following the Token Generation Event (TGE). This timeline has generated growing excitement among early supporters and investors.
The team behind Bitlayer includes experienced leaders like Charlie Hu, formerly with Polygon and Polkadot, and Kevin, the tech lead behind Huobi’s Heco chain. With a strong technical foundation, strategic partnerships, and a clear roadmap, Bitlayer is positioning itself as a key player in the future of Bitcoin-based DeFi.
The Useless Coin Trap – A Warning About One of the Biggest Crypto Scams
$USELESS Coin is quickly revealing itself as one of the biggest scams in the crypto space. On Twitter, countless blue-tick influencers are aggressively promoting the token, not out of belief in its value, but to help early cabal wallet holders sell off their large holdings. Just 15 hours ago, the coin reached an all-time high of $0.41, and those same influencers were celebrating the pump while encouraging innocent retail investors to buy in. However, what happened next was telling—within a few hours, the price crashed to $0.307, exposing the coordinated dump by insiders.
As of July 29, Useless Coin has 27,660 holders. Out of these, 26,517 small investors have only contributed around $31 million in total and collectively control just 9.85% of the supply. Meanwhile, the top 99 wallets alone hold 455 million tokens, with an average entry price of $0.02. These whales are now waiting for more retail traders to enter so they can dump their overpriced tokens for massive profits.
Only 15% of the token supply is currently available on the open market, yet the project claims a $315 million market cap on paper. Behind the scenes, the top 99 cabal wallets, along with the next 959 wallets, control around 800 million tokens out of the 999 million total supply. In other words, this token is dangerously centralized and heavily manipulated. When retail buyers enter, they unknowingly provide exit liquidity for these early scammers—who will not hesitate to dump once the timing suits them. Proceed with extreme caution.
Bitcoin Correction Coming? Why Value Investors May Soon Get Their Chance
$BTC recently hit $123,000, reaching new all-time highs after months of hype and bullish momentum—partly fueled by Donald Trump's pro-crypto stance since his 2024 election win. But experts now warn a correction may be near.
If you're a value investor waiting for the right time, patience may soon pay off. Analysts predict a possible 30–35% dip this year, potentially bringing Bitcoin down to $80,000 before another surge toward $150,000 in 2026.
Financial expert Robert Kiyosaki also warns of an upcoming market crash due to the U.S. debt crisis, now at $36.6 trillion. He believes assets like Bitcoin and gold will shine during a financial downturn thanks to their limited supply.
For long-term, value-focused investors, this could be a rare opportunity. In times of crisis, cash becomes king—just like Warren Buffett’s strategy during past downturns. Holding cash while the market corrects can offer the chance to invest in Bitcoin at more attractive prices.
In the long run, Bitcoin’s scarcity and rising demand may drive its price to new heights—possibly even reaching $1 million or $2 million in the years to come. For those planning for retirement or long-term wealth preservation, Bitcoin may still offer a promising future, especially if a major dip provides a better entry point soon. #Bitcoin #BitcoinForecast #Btc #Btc80k #Bitcoin80k
Solana at Risk? Growing Memecoin Dominance and Legal Woes Raise Red Flags
$SOL once considered a strong competitor in the blockchain space, is now under increasing scrutiny. As of July 28, 2025, SOL is priced around $192, but some analysts and investors are warning of a potential collapse in the next 12 to 14 months — possibly dropping the price below $30, a decline of over 80%.
One of the main concerns is the current state of the Solana ecosystem, which has become heavily saturated with meme coins. In fact, more than 50% of the trading volume on Solana is now driven by these tokens, most of which offer no real-world use cases. Popular meme coins like $BONK , WIF, Popcat, Pengu, $FARTCoin, $TRUMP , and Useless Coin dominate the network. These coins are widely believed to be overhyped and manipulated by a few large wallets — often referred to as “cabal wallets” — that pump the price before dumping it on unsuspecting investors.
Adding to the ecosystem’s troubles is a serious legal issue. An amended class-action lawsuit has been filed in the Southern District of New York, accusing Pump fun, a Solana-based memecoin launchpad, of operating a deceptive scheme similar to a rigged slot machine. The lawsuit claims over $5.5 billion were extracted from users through these pump-and-dump tactics.
The complaint also names Solana Labs and Jito Labs, alleging they supported and profited from the scam by monetizing blockchain activity and SOL price appreciation. The filing states:
“Solana Labs and the Solana Foundation provided the venue — the Solana blockchain itself — and monetized each wager through the sale of block space, validator fees, and SOL token appreciation.”
With legal challenges, declining innovation, and an increasing focus on short-term meme speculation, Solana’s future appears uncertain. Unless the ecosystem shifts back toward real utility and technological progress, many fear Solana may be heading for a sharp decline. Investors are advised to remain cautious and watch developments closely.
Looking for a strong long-term crypto project? $NEAR is currently trading at one of its lowest monthly levels, which could be a valuable opportunity.
Circulating Supply: ~1.05–1.1B NEAR
Total Supply (incl. inflation): ~1.15B With over 95% of tokens already in the market, NEAR’s supply is nearly maxed out. This Layer 1 blockchain offers low fees, scalability, and supports dApps through sharding and PoS. 🔍 DYOR before investing. #NEARUSDT #nearprotocol #Near #NEARToken #Nearprice
$USELESS Coin ⚠️ — Artificial Pumping & Centralized Control: A Crash May Be Imminent
Today, USELESS was listed on Binance Alpha — but don’t be blinded by hype. It thrives on fake hype and centralized control, making it a ticking time bomb. A price crash could strike without warning, leaving investors with no time to exit.
Useless Coin is a $SOL -based meme cryptocurrency.
The reality:
As of July 27, there are 26,888 holders.
Despite a reported $388M market cap, only ~$38M is from 25,772 small retail investors.
Just 3 wallets — the so-called “cabal wallets” — have already profited $32.6M.
If even one sells, the price could fall 40% within an hour.
95% of wallets control only the small real investment — the rest is inflated.
Supply Breakdown:
Total supply: 1 billion tokens
96 top wallets control 44.86% (448M tokens)
Another 987 wallets control 36%
In total, just 4% of wallets hold over 80% of the supply
This is not a decentralized or healthy ecosystem. It's a highly concentrated financial trap.
A word of caution: Don’t ignore history. Banana31 Coin dropped 90% in 2 days. Om Coin fell from $9 to $0.30 in 24 hours. Millions lost — fast.
Conclusion: Useless is fundamentally unstable and likely to collapse. Stay cautious. Do your own research. I'm personally bearish on this coin. #Useless #USELESSUSDT #uselesscoin