CoinIvy

Market weather: green · Bitcoin above its 20-week average (31 Oct 2026)

USELESS COINUSELESS

A self-described no-utility satire memecoin launched on Solana's LetsBONK.fun in May 2025.

Rank #233Since May 2025
Price on 31 Oct 2026
C$0.1749 +141.6% since 31 Jul 2026 · 71.3% below its all-time high

The short version

USELESS COIN is a Solana memecoin that describes itself as having no utility, launched on the LetsBONK.fun launchpad on 10 May 2025 with a fixed 1 billion supply. No team is identified and the deployer holds nothing; a promoter known as Bonk Guy held about 15.9 million tokens. On 31 Oct 2026 one USELESS cost C$0.1749. From 31 Jul 2026 to 31 Oct 2026 its price changed +141.6% in Canadian dollars, and it was 71.3% below its all-time high of C$0.6100 set on 14 Oct 2025.[1]

Checked 31 Oct 2026 · 9 sources · next update about 1 Dec 2026

Price, past year

Past year: high C$0.4874 (23 Sep 2026) · low C$0.0420 (11 Feb 2026) · -44.8%[1]

Month-end prices (table)
DateC$US$
31 Oct 2026C$0.1785US$0.1278
30 Sep 2026C$0.3404US$0.2391
31 Aug 2026C$0.0944US$0.0680
31 Jul 2026C$0.0722US$0.0515
30 Jun 2026C$0.1131US$0.0796
31 May 2026C$0.0995US$0.0721
30 Apr 2026C$0.0518US$0.0382
31 Mar 2026C$0.0423US$0.0304
28 Feb 2026C$0.0533US$0.0390
31 Jan 2026C$0.0814US$0.0604
31 Dec 2025C$0.0883US$0.0645
30 Nov 2025C$0.1619US$0.1154

Daily prices from CoinGecko; C$ converted at the Bank of Canada daily rate. The latest point is live when available. Past prices, not a forecast.

Choose what to see

Key facts

Price, 31 Oct 2026
C$0.1749[1]
3-month change
+141.6% in C$ (31 Jul 2026 to 31 Oct 2026)[1]
From its high
71.3% below its high of C$0.6100 (14 Oct 2025)[1]
Market rank
#233, market value about C$174.7M[1]
Kind
Memecoin · Solana (SPL token); also on BNB Chain
Started
May 2025

Checks: the same 9 questions for every coin

Facts, not a rating
Can an admin key create new coins?NoMint authority is disabled on Solana[2]
Can anyone freeze or take coins from holders?NoFreeze authority is disabled[2]
Can the token's contract code be changed?NoFixed contract code on BNB Chain, not a proxy[3]
Is the supply capped?Yes1B fixed; mint authority disabled[4, 2]
Any scheduled unlocks in the next 12 months?NoNo vesting or locked allocations[4]
Does a team or foundation hold over 10% of supply?NoThe deployer holds nothing; the promoter held about 1.6%[5]
Do network fees reach coin holders?NoNo fees, burns or buybacks[4]
Main network hacked or halted in the past 2 years?NoNo exploit of the token contract found[6]
Is a regulator or court case targeting the coin itself?NoNo live regulator or court case found[7]

Each answer is a fact with a source, not a score. What each check means.

Who controls it

Run by
No identified team; the deployer wallet holds nothing[5]
Promoter
'Bonk Guy' held about 15.9M (1.6%) and promoted it during the Aug-Sep 2026 rally[5]
Admin key
None; Solana mint and freeze authorities disabled[2]
Largest holders
Top 20 held 49.1% on 9 Oct 2026; Jupiter top holders 31.9% on 31 Oct[5, 2]

Supply

In circulation
999.94M USELESS of a 1.00B maximum (100.0%)[1]
Total
1B fixed; 99.9% circulating[4]
New coins
None; mint authority disabled[2]
Unlocks
None[4]

Use and fees

Main use
Trading only; it has no product by design[4]

Trading

Daily trading
About C$48.1M a day on average, 31 Jul 2026 to 31 Oct 2026[1]
Daily turnover
Typically 11.28% of its market value changes hands each day[1]
20-week average
1.8% below its 20-week average price[1]
1-year change
-49.5% in C$[1][8]

History

Not a forecast

Coins ranked 201-500 at this point in past cycles (12-14 months after a Bitcoin peak), one year later: 8,067 cases, 1,187 coins

33% were higher a year later[9]

Typical result
Median -38% after a year; 33% higher after two years
Lost half or more
44% within a year
Against Bitcoin
11% did better than Bitcoin over the year

History, not a forecast.

Red flags and things to watch

No red flags found

Nothing found for this period.

Checked: admin keys, contract upgrades, unlocks, insider supply, hacks, legal actions and claims against records.

Sources and dates

  1. CoinGecko market data, 31 Oct 2026
  2. Jupiter token audit, 31 Oct 2026
  3. GoPlus token security (BNB Chain), 1 Nov 2026
  4. CoinMarketCap, 31 Oct 2026
  5. Rugcheck report, 9 Oct 2026
  6. DefiLlama hacks list, 31 Oct 2026
  7. CoinMarketCap AI (USELESS), Oct 2026
  8. Bank of Canada USD/CAD rate, 31 Oct 2025
  9. CoinIvy history data: CoinMarketCap weekly rankings 2013-2026, dead coins included

Facts as of 31 Oct 2026. Prices from CoinGecko in Canadian and US dollars; US$ figures without a C$ price are converted at 1.3976 C$ per US$.