Useless Coin
USELESS#142Useless Coin (USELESS) is a Solana meme coin that openly markets itself as having no purpose or utility at all.
- Market cap
- $222.7M
- Volume 24h
- $42.42M
- All-time high
- —
- Circulating supply
- 999.08M of 1B
Does not clear all 8 Shariah criteria. Needs caution: business model and excessive uncertainty (gharar). Fails: nature of the asset, gambling (maysir), and usage.
- 3 pass
- 2 caution
- 3 fail
Verdict history
- DoubtfulCurrent
First publication
Fundamentals, market picture and news will appear here.
About Useless Coin
Useless Coin (USELESS) is a Solana meme coin that openly markets itself as having no purpose or utility at all.
Useless Coin (USELESS) is a meme coin on Solana, launched in May 2025 through LetsBONK.fun, a launchpad for meme tokens. Its website calls it 'the world's first cryptocurrency that promises nothing and delivers exactly that'. It has no staking, no governance and no product, by design.
The supply is fixed at 1 billion tokens, almost all in circulation, and CryptoUmmah reports that there was no presale and that the mint authority was renounced. The team is anonymous.
In June 2025 USELESS rose about 2,000% in two weeks, helped by well-known traders and South Korean influencers. LetsBONK later said it would use a small part of its revenue to purchase top tokens on its platform, including USELESS.
Sources · 6
- Useless Coin: official website
- CoinDesk: Token that's literally useless is crypto's latest meme cult
- CoinDesk: Asia Morning Briefing: Korean crypto KOLs fuel massive $USELESS rally
- The Block: Memecoin launchpad LetsBONK pledges 1% of revenue to buyback top tokens
- Is Useless Coin Halal?: CryptoUmmah coin audit
- CoinGecko API: Useless Coin
AI-assisted analysis checked against sources. Not a fatwa or investment advice.
Key facts
- Consensus
- Hosted by a company
- Max supply
- 1,000,000,000 USELESS
What it is used for
- Holding and trading as a meme coin
- Spot trading on exchanges and Solana DEXs
Market data
- Market cap
- $222.7MRank #142
- Fully diluted value
- $222.9MAt 1B USELESS
- Volume 24h
- $42.42M19.05% of market cap
- Total supply
- 999.08M USELESSIssued so far
- All-time high
- —
- All-time low
- —
- Circulating supply
- 999.08M USELESS99.9% of max supply
- Max supply
- 1B USELESSFixed by protocol
Where it trades
Section in preparation
Similar halal assets
Halal verdict, same category
