Given that the BONK team plans to use half of all generated fees to buy back the meme coin, interest in BONK has accelerated. This is because a notable amount of supply is expected to be bought back by the team, and the meme coin’s value is expected to rise as a result.
In the last few weeks, the price of USELESS has climbed steadily, with an over 5,000% increase in price. At the time of writing, the meme coin is sitting at over $300 million in market cap and doesn’t show any signs of stopping anytime soon.