Reports say the useless coins have skyrocketed 52% in one day after becoming the first Memecoin from Letsbonkfun.
Related readings
The price rose from $0.19 to $0.33 during the first burst, with data from the Coingecko show, and many traders sold overnight to the move.
Social benefits rose along the price: growth over the 30-day period was 42%, which led to nearly 9,700 new followers, Messari data shows.
Replace fuel hype
We report that other platforms have moved quickly. Kraken listed the tokens in the buzz, and Coinbase was useless in the list roadmap, making the tokens look like the US market.
That wider exposure seems to be attracting attention with new buyers. Some traders said that by relaxing crypto rules and exchange access, the memos are helping them gain more eyes and gain more capital.
Deposits of $ are open at https://t.co/azwoboh0gq!
Trading in useless/usdt pairs begins at 7am on August 14th.
– Binance.us🇺🇸 (@binanceus) August 13, 2025
Buyers pushed early and some benefited
Orderbook’s snapshots showed a fierce bid before Binance’s announcement, with some market watchers flagging those buyers as suspicious.
Unhelpful social interest. Source: Messari.
Buying an insider has been a general concern about the list, and the timing here has raised eyebrows. After its launch, the price was shot from $0.22 to $0.31, then cooled down as it made profits. By the second day, the buy side had thickened while the shopping volume was relaxed.
Overall activity increase by 300%
Trading activity has skyrocketed. The daily volume reached $420 million. This was more than 1.5 times the market capitalization of tokens from trade tally. Landing and shortly after that, overall activity increased by almost 300%.
The recovery phase of the BONK pair is led by a hardworking community that never stops during Bear Day.
The Bonk community is different from other LaunchPad platforms, and there are frequent projects here…pic.twitter.com/dkwimbtjw
– 🕵🕵️GEMDETECTECHTER®§ (@GEM_DETECTER) August 14, 2025
In a decentralized exchange, Netflows is no longer useful at the top of the list among the top 10 coins by Netflow, even before Bonk (Bonk). X’s GEM detector data showed its uselessness as the most retained token of the platform’s top four memokines. This is a sign that the community is highly interested.
Related readings
Technical indicators showed higher volatility as the Bollinger bands expanded. The midpoint of the band is $0.27 near the previous resistance and could serve as the next support.
A resistance of about $0.33 seems to be a key pivot. A clear break that could open a pass towards $0.40. If $0.27 fails, the token could return to $0.22, the level at which the surge began. The consolidated spots and bid deltas have reached the highest levels since launch.
X/@TheUselessCoin’s featured images, TradingView’s chart
