Latest news with #USELESS
Cision Canada
17-07-2025
- Business
- Cision Canada
BingX Rolls Out VoteX: Community-Driven Futures Listing Initiative
PANAMA CITY, July 17, 2025 /CNW/ -- BingX, a leading cryptocurrency exchange and Web3 AI company, today announced the launch of VoteX, an interactive initiative designed to give users a direct role in selecting which tokens will be listed next for perpetual futures trading on BingX. Through VoteX, BingX is directly inviting its community to have a say in the future of listing diversity, reflecting the exchange's commitment to building a more user-driven and responsive trading environment. The inaugural VoteX event will run from July 17 to July 21, 2025, giving users the opportunity to vote for one of four candidate tokens, and a chance to win their share of 50,000 USDT. The token receiving the most votes will be listed on BingX perpetual futures within 72 hours after the close of voting. VoteX highlights BingX's agility in responding to fast-moving trends in the crypto industry, and its commitment to continually enhancing its responsiveness to the community's feedback, and demand for up-and-coming new tokens. Having previously been an early mover in launching perpetual futures for trending assets such as $TRUMP, $LAUNCHCOIN, and $USELESS, BingX aims to solidify its position as a preferred platform for discovering and trading emerging cryptocurrencies. Vivien Lin, Chief Product Officer at BingX, commented: "VoteX is not just about giving our users a direct voice in shaping the futures market on BingX — it's about empowering users' voices across the entire platform. This initiative reflects our commitment to involving the community in how our platform evolves. We want traders to feel not only that they are participating in markets, but that they are contributing to what comes next." As BingX continues to expand its product offerings, VoteX represents a step forward in community engagement, platform responsiveness, and market competitiveness. The exchange remains committed to empowering users with timely access to high-quality trading opportunities and to becoming a destination for those looking to trade the most relevant crypto assets globally. About BingX Founded in 2018, BingX is a leading crypto exchange and Web3 AI company, serving a global community of over 20 million users. With a comprehensive suite of AI-powered products and services, including derivatives, spot trading, and copy trading, BingX caters to the evolving needs of users across all experience levels, from beginners to professionals. Committed to building a trustworthy and intelligent trading platform, BingX empowers users with innovative tools designed to enhance performance and confidence. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports sponsorship.
Yahoo
19-06-2025
- Business
- Yahoo
Token That's Literally USELESS Is Crypto's Latest Meme Cult
Crypto's newest memecoin cult is embracing the 'useless' narrative given to joke tokens, making it a play that reached a $100 million valuation in recent days. The aptly-named USELESS coin has embraced that narrative and turned it into a rallying cry. The official website mocks the space it inhabits, and people are doing exactly that. 'USELESS coin is the greatest memecoin narrative to emerge from the trenches this year,' said Unipcs, one of its biggest backers, in a Telegram chat with CoinDesk. 'Every memecoin is technically useless... yet here we are, with one actually called USELESS leading the pack.' As far as skeptics and critics are concerned, all of crypto is useless. USELESS coin taps into that irony to position itself as the ultimate memecoin: the one truly useless coin that derives value solely from what its cult followers give it. Unlike Dogecoin, Shiba Inu, pepe (PEPE), or mog (MOG), USELESS has no animal or well-known mascot and just features a community-built golden coin logo with a chiseled 'U.' Nowhere is the apparent mockery clearer than in the wallet of Unipcs, who is best known for turning $16,000 into more than $20 million by betting on BONK-tracked futures. He aped in the token in its early trading days, dropping $382,000 on 28 million tokens or roughly 2.8% of supply. That bet has ballooned to over $2.3 million (at peak), and he hasn't sold a cent. To normies, USELESS looks like yet another reason to hate crypto. But to memecoin maxis, it's the most honest thing onchain. 'Every memecoin is technically useless, yet many sit at multi-billion-dollar valuations: cogecoin at $26 billion, shiba inu at $7 billion, PEPE at $4.4 billion, and so on,' Unipcs said. 'That makes USELESS coin incredibly undervalued at its current market cap—because all it takes is anchoring it to the valuation of these other 'useless' memecoins.' In a flat market, where most tokens promise the moon and deliver a tweet, USELESS has found its niche: no promises, no pretenses — just a meme that's worth millions. 'The higher it climbs, the more absurd it becomes, the more attention it draws, and the stronger the flywheel effect that pushes it even higher,' Unipcs added. And right now, that absurdity is worth nearly $90 million. Sign in to access your portfolio
