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Useless Coin
USELESS#220
$0.126493+1.05%
Useless Coin (USELESS) trades at $0.108492 and carries a market capitalization of $108.48 million — the combined value of every coin in circulation. That puts it around rank 249 by market cap: no longer a micro-cap curiosity, yet still a long way from the market's heavyweights. Over the past 24 hours, $69.49 million changed hands, a turnover figure that stands out against the coin's total value.
Any useful Useless Coin report starts with that market profile: a sub-dollar token price, a nine-figure valuation, and heavy daily trading. Price on its own reveals very little, since a cheap-looking coin says nothing about the size of the project behind it. Market cap gives the better sense of scale, while volume shows how much interest is rotating through the coin in a single day. Read together, these figures describe an asset that is actively traded rather than dormant.
Speed is the practical risk here. When daily volume is large relative to market cap, moves can build in a hurry, and entry or exit conditions may look noticeably different within minutes. Short-term traders feel that most sharply. A sound Useless Coin analysis in September tracks price, volume, and rank side by side rather than treating any single number as the full picture — and the same discipline applies to any Useless Coin forecast you come across.
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What is Useless Coin? A quick explainer
Useless Coin (USELESS) is a crypto asset priced at $0.108492, with a market cap of $108.48 million and rank 249 by market cap. Its 24-hour volume of $69.49 million points to active trading — and that level of turnover can bring quick price moves with it.
Security check
Smart contract risk scan — checks for honeypots, hidden taxes and more.
Clear bullish / neutral / bearish signal based on market data, on-chain security and macro signals.
Analysis from November 12, 2026
This analysis is refreshed automatically in the background.
Rating
Bearish85% confident
Confidence
Summary
Useless Coin (USELESS) is changing hands at $0.126397 after shedding 10.9% in the past 24 hours, 14.0% over the last week, and a steep 28.6% over the past month. This slide is playing out against a tough crypto backdrop: the Fear & Greed Index sits at 28 (firmly in Fear territory), and its seven-day trend is flat — a sign that caution is entrenched rather than easing. Contract-level data adds further concern. The trust score comes in at just 40, the contract is mintable, and the ten largest wallets hold a striking 87.83% of total supply. Circulating supply has nearly caught up with the stated maximum (99.99%), which caps future dilution from new issuance under that limit, while $11.44 million in daily trading volume points to real activity — though it says nothing about how many distinct participants are actually trading. Taken together, this investment research (MiFID II Del. Reg 2017/565 Art. 36) points to a predominantly strained setup: persistent fear, sustained multiweek losses, and heavy ownership concentration overshadow the handful of clean contract settings.
📰 Current News & Events
No current news coverage is available for USELESS, so there's no verified headline or event you can directly tie to the decline. The clearest backdrop remains macro: market-wide Fear at 28, paired with climbing interest rates, inflation, and a strengthening US Dollar Index. As a meme coin with concentrated ownership, USELESS is structurally prone to exaggerated sentiment-driven swings — but nothing in the data pinpoints one specific trigger behind this move.
📈 Price Movement Analysis
USELESS is down 10.9% in 24 hours, 14.0% across seven days, and 28.6% over the past month — a pattern that points to sustained weakness rather than a one-off dip. At $0.126397, the coin now trades roughly 70.9% below its all-time high of $0.434591, set on October 14, 2025. This downturn lines up with Fear at 28, a higher federal funds rate, rising inflation, and a strengthening dollar — a tough combination for speculative crypto assets generally. Trading volume of $11.44 million shows there's meaningful activity, though it doesn't reveal how broad or concentrated that participation really is. Worth noting: with the ten largest addresses controlling such a large share of supply, moves by just a few big holders can swing the price disproportionately.
Strengths
✅Circulating supply sits at roughly 999.9 million tokens out of a stated 1.0 billion maximum — a 99.99% ratio. That leaves very little room left to mint under the current cap, though the contract's mintability still deserves separate scrutiny.
✅The contract is open source and not built as a proxy, meaning the published code is directly inspectable and isn't subject to proxy-based changes down the line.
✅Security checks turned up no honeypot behavior, no hidden owner function, no ability to pause trading, no cooldown mechanics, no owner function that can alter balances, and no modifiable slippage. Transaction taxes are recorded at a clean 0%.
✅Reported trading volume of $11.44 million against a $126.4 million market cap signals active trading — though again, it doesn't tell us how broad that participation actually is.
Risks
⚠️The smart-contract trust score lands at just 40, with specific flags for a mintable contract and extremely high ownership concentration. These findings drag down the overall security profile, even with several individual checks coming back clean.
⚠️The ten largest wallets control 87.83% of total supply — a level of concentration that creates real risk, since decisions by a handful of addresses could trigger outsized market moves.
⚠️Mintability means the contract's code allows new tokens to be created down the line, introducing a dilution risk that persists despite the currently reported supply cap and near-total circulation.
⚠️Momentum is weak across every timeframe tracked — down 10.9% in a day and 28.6% over a month. Broader Fear sentiment and tightening macro conditions only reinforce this strained backdrop.
⚠️No token-unlock schedule is available in current data coverage, which limits visibility into any supply-related events that could be coming.
📊 Macro context
The Fear & Greed Index reads 28 — squarely in Fear territory — and stands as a major headwind for the broader picture. Its seven-day range has held between 25 and 32, ending essentially flat, while the 90-day history isn't robust enough to draw a reliable longer-term comparison. Meanwhile, the federal funds rate has ticked up from 3.75% to 3.88%, annual inflation has risen from 4.02% to 4.08%, and the US Dollar Index has climbed from 121.51 to 121.88 — together forming a restrictive environment for speculative assets. Total stablecoin supply across tracked top issuers sits at $255.4 billion, down 1.7% over seven days and 4.6% over 30 days within this fixed measurement set; that's a neutral liquidity snapshot rather than a full market total or a direct signal for USELESS specifically. With no current news available, there's no regulatory development that can be linked to this price action.
❓ Frequently Asked Questions
Is Useless Coin a good buy right now?
The current picture is predominantly strained. Fear at 28, multiweek price losses, a trust score of just 40, contract mintability, and 87.83% concentration among the ten largest addresses outweigh the handful of clean individual contract settings in this investment recommendation (MAR Art. 3(35)).
Why is Useless Coin price dropping?
USELESS has fallen 10.9% in 24 hours, 14.0% over seven days, and 28.6% over 30 days, though no verified coin-specific headline points to a single cause. The decline coincides with fearful crypto sentiment, higher interest rates and inflation, a stronger US dollar, and a concentrated ownership structure that tends to amplify volatility.
What are the biggest risks and strengths for USELESS coin right now?
On the plus side: near-total circulation of stated supply, open-source code, zero transaction taxes, and the absence of several red-flag contract functions. On the risk side: a trust score of 40, contract mintability, extreme concentration among the largest wallets, and sustained price weakness.
Useless Coin is changing hands at $0.149209, down 10.56% over the past 24 hours, off 2.37% for the week and down 32.26% over the last 30 days. This investment research (MiFID II Del. Reg 2017/565 Art. 36) flags several structural concerns: a security trust score of just 40, a mintable contract, and extreme supply concentration, with the top 10 addresses holding 88.97% of all tokens. The Fear & Greed Index sits at 51 (Neutral), barely up one point over seven days, meaning broader market sentiment neither props up the token nor explains its decline through panic selling. On the positive side, the code is open-source, there are zero transaction taxes, and nearly the entire reported supply is already in circulation — but these factors don't outweigh the concentration and contract-related risks. The medium-term picture remains dominated by risk, and the token-unlock schedule is currently unavailable.
Oct 28, 2026, 4:06 AM
BearishBearish · 81% confident
USELESS is changing hands at $0.164694, putting its market capitalization (current price multiplied by circulating supply) at roughly $164.7 million. The token has climbed 8.68% over the past 24 hours and 2.92% over the past week, yet it's still down 40.69% across the last 30 days. Meanwhile, the Fear & Greed Index — a barometer of overall crypto-market sentiment — sits at a Neutral 51, a notable drop from 68 just a week ago, suggesting risk appetite has cooled off considerably. Structural red flags remain hard to ignore: the contract carries a trust score of only 40, retains the ability to mint new tokens, and its ten largest wallets hold about 89.0% of total supply. Nearly the entire stated maximum supply is already in circulation, and the open-source contract shows no signs of honeypot behavior or hidden transaction taxes. Still, for anyone conducting coin analysis here, this short-term bounce doesn't offset the concentrated ownership, contract-level supply risk, weak monthly trend, and an increasingly restrictive macro backdrop.
Oct 26, 2026, 8:04 AM
BearishBearish · 84% confident
Useless Coin is changing hands at $0.157137 after a rough 24 hours that saw it drop 14.02%. A 9.84% weekly gain offers a sliver of short-term relief, but zoom out and the picture turns grim: the token is down 43.17% over the past 30 days, confirming that the broader trend remains under pressure. Market mood isn't helping either — the Fear & Greed Index sits at 50 (Neutral), slipping from 55 a week ago, a sign that confidence is eroding rather than building. The token-specific details raise even more concern: a security trust score of just 40, a mintable contract, and a startling concentration where the top 10 addresses hold 88.97% of tracked tokens. Yes, the contract is open source and several red-flag functions weren't found during scanning — but these positives don't come close to balancing out the concentration, security, pricing, and macroeconomic headwinds stacking up against this coin.
Oct 25, 2026, 4:09 AM
BearishBearish · 86% confident
Useless Coin is changing hands at $0.177764, giving it a market capitalization (price multiplied by circulating supply) of $177.8 million. The token jumped 8.8% in the past 24 hours and 16.1% over the last seven days — but zoom out, and it's still down 36.2% over 30 days, a sign the broader trend remains under pressure. This coin analysis flags several red flags worth your attention: a security trust score of just 40, a contract structure that allows new tokens to be minted on demand, and the top 10 wallet addresses holding roughly 89.0% of the entire supply. Meanwhile, the Fear & Greed Index — a widely used gauge of overall crypto sentiment — sits at 54 (Neutral), slipping from 59 a week ago, suggesting enthusiasm across the market is fading rather than building. Weighing it all together, this coin forecast finds that the recent bounce is overshadowed by concentrated ownership, contract-related supply risk, and a macro backdrop of rising rates and inflation that doesn't favor speculative assets.
Oct 23, 2026, 4:01 PM
BearishBearish · 84% confident
Useless Coin is changing hands at $0.168838, up 10.5% in the past 24 hours — but zoom out and the picture sours: down 3.4% over seven days and a steep 47.9% over the last month. In other words, this bounce looks more like a blip than a turnaround. This investment research (MiFID II Del. Reg 2017/565 Art. 36) flags several red flags worth your attention: a thin security trust score of just 40/100, a contract that allows the creation of new tokens at will, and dangerously concentrated ownership, with the top ten wallets holding 89.36% of the entire supply. On the plus side, the contract code is public, there are zero transaction taxes, and 99.99% of the stated maximum supply is already in circulation. Meanwhile, the Fear & Greed Index sits at 50 (Neutral), but it's slipped from 55 over the past week — a sign that confidence is cooling, not warming. Taken together, the medium-term setup stays shaky: the security and concentration risks simply outweigh the handful of positives.
