「Bonk Guy」 holds $2.52 million worth of USELESS, with an unrealized gain of $1.68 million.

BlockBeats News, September 3rd, according to LookIntoChain monitoring, 5 months ago, when the Solana ecosystem meme coin USELESS market cap dropped to $30 million, well-known crypto KOL "Bonk Guy" started adopting a dollar-cost averaging strategy to make purchases. Over the past month, "Bonk Guy" has continued to buy USELESS tokens, and currently holds 15.9 million USELESS, worth $2.52 million, with an unrealized gain of $1.68 million.

According to GMGN data, the Solana ecosystem meme coin USELESS surged over 50% in the past 24 hours, with a market cap surpassing $150 million. On September 1st, "Bonk Guy" stated that his bullishness on USELESS currently exceeds even that of the 2023 BONK trade, believing that USELESS had previously risen from a market cap of around $4 million to $450 million in a non-bull market environment, and if it experiences a true bull market for the first time, it could see a larger increase. After "Bonk Guy" called for buying on the 1st, USELESS surged over 50% on the same day, with a market cap exceeding $100 million.

BlockBeats reminds users that meme coins often lack practical use cases, have significant price volatility, and investment should be approached with caution.