USELESS token posts a short-term rally, pushing its market cap past $190 million, with gains of over 58% in 24 hours.

Per GMGN data, Solana ecosystem meme coin USELESS has rallied sharply, surging past a $190 million market cap. The token saw a 24-hour price increase of over 58% with a 24-hour trading volume of $20.6 million. On September 1, "Bonk Guy" stated his bullish outlook on USELESS is even stronger than when he traded BONK in 2023. He noted that USELESS previously rallied from a roughly $4 million market cap to $450 million outside a bull market, adding that if the coin experiences a genuine bull market for the first time in the future, it could post even larger gains. Following Bonk Guy's bullish call on September 1, USELESS jumped over 50% that day, pushing its market cap past $100 million. BlockBeats reminds users that most meme coins lack practical use cases, are highly volatile, and require caution when investing.