I'm sure you're surprised too, i was tooo when i saw a token is named "Useless" it emphasizes zero utility and community-driven speculation. The $USELESS token is traded on Raydium and has a repurchase and destruction mechanism to achieve liquidity.
in as much as it sound useless there's pump happening and many cex listed it already and even on their futures
what's your thought on this project Guysss ?
Meme coin is just everywhere now, and they are not useful, memecoins are just created, the owners pay people for advertisement, if the coin pumps, they going make money and dump it on people that bought. You will see that immediately the hype dies on a meme coin, then you will see that the coin will start dumping and won’t rise again. When investing in meme coin, you have to be very careful, because if you are not lucky, then you will be losing your money.
Have heard about the coin from some people before, how will a coins name be USELESS, you should know nothing good will come out of a coin like this, if you are lucky when the coin is still pumping, and you sell, then you are lucky, but coins like this, you won’t be hearing from them again soon.
I agree with you, investing in all these meme coins is very risky even though it can be profitable but I believe most people investing in them are already aware of this, they must have known that meme coins are not for long term investment so I am sure no one would want to hold to them for that long. The best thing is to invest and try to get profit and leave.
Just as you said you have to be careful and should research properly before investing in Meme coins. As for the name USELESS I don't judge a coin by it's name, a name is just an identity and we have seen a lot of ridiculous names of projects. The whole idea is just to be careful with the projects you invest in and always have in mind to invest for a short period else you might lose too much money.