Useless Coin
Weekly token report
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Executive Summary
Useless Coin (USELESS) currently holds a market capitalization of $74,322,807 with a price of $0.073946, and is assessed with a low risk score of 14/100. The project demonstrates strong real yield sustainability, evidenced by a Revenue-to-Emissions Ratio of 1.15 and a positive Net Revenue of $1,524,885. Its supply structure is healthy, with 100% of its near-max supply already in circulation, mitigating future unlock inflation.
However, several significant risks are apparent. A high holder concentration of 92.5% presents a major centralization risk. The total DEX liquidity of $395,266 is extremely low relative to the market cap, indicating shallow on-chain liquidity, despite a recent 30.9% increase. Furthermore, the complete lack of team transparency, with no information on team size, headquarters, or doxxing status, raises significant governance concerns and a moderate compliance risk. The absence of a public GitHub repository further hinders transparency.
Despite these concerns, USELESS exhibits some notable strengths. Its contract security scores a very good 10/100, and owner privileges are renounced, which are significant positive indicators for smart contract safety. The project also maintains a relatively strong regulatory position with an 80/100 compliance score, and zero active partnerships, while a negative, implies no dependency on external entities for current operations.
Moving forward, investors should closely monitor the highly centralized holder distribution and the project's efforts to increase DEX liquidity to a more sustainable level relative to its market cap. The significant trading activity indicated by the 0.1589 Volume/MCap ratio suggests existing interest, but without improved transparency regarding the development team and a public roadmap, long-term sustainability and growth remain questionable.
Live market data
Price Chart
Risk score
A top holder has reduced their position by 1.1% in the past 24 hours
Holder concentration remains moderately high at 34%
Early signs of distribution imbalance observed across wallets
Liquidity has increased by 12% this week, improving market depth
Active wallets
+2.3%
Liquidity
+$1.2M
Trading volume
+8.4%
Holder count
-6.8%
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