The world of cryptocurrency has grown rapidly, giving rise to thousands of digital tokens. While some of these tokens have changed industries or made people rich, many others have done absolutely nothing useful. These “useless” tokens often pop up as jokes, scams, or short-term hype projects with no real product, value, or plan.
Let’s take a look at the 10 most useless crypto tokens ever created—tokens that either failed miserably, had no purpose, or were created just for fun but ended up fooling investors.
1. USELESS (Solana Meme Coin)
As the name suggests, the token called USELESS does nothing. It was created as a joke on the Solana blockchain. It has no use, no reward system, and no real project behind it.
Yet, in early 2025, it became wildly popular. People bought it just because it was funny. Its value shot up for a while and it even reached over $200 million in total market value. But in the end, it still remains a token with no purpose—just a symbol of how strange the crypto world can be.
2. Token6900
This token claimed to be honest about being useless. It offered no real project, no product, and no goal. Instead, it promised very high rewards (like 550% return) if people staked their tokens—basically trying to tempt users with unrealistic profits.
Despite having no real value or plan, it still managed to raise a decent amount of money during its presale. But once the hype dies down, tokens like these usually crash and leave investors with nothing.
3. WhopperCoin
Burger King Russia launched this coin in 2017 as part of a loyalty program. Customers could earn coins by buying burgers and use them to get free food.
The idea was fun, but it didn’t last. People quickly lost interest. By 2019, the coin’s value dropped to almost nothing, and it quietly disappeared. It showed that not every brand should jump into crypto without a clear long-term plan.
4. SafeMoon
SafeMoon became very popular in 2021. It promised rewards to holders and claimed to burn tokens to increase value. However, it charged a 10% fee every time someone sold it, which made it hard to exit without losing money.
People started calling it a scam or a Ponzi scheme because it relied heavily on new buyers to keep going. It reached a massive value at one point, but later collapsed. Many people lost their investments.
5. Petro (PTR)
The Venezuelan government created Petro in 2018, claiming it was backed by the country’s oil reserves. It was meant to help save the country’s economy.
However, most people didn’t trust it. The government forced people to use it for official payments, but it didn’t work well. It never became popular, and by early 2024, the government shut it down. Experts around the world called it a failure and a fake attempt at cryptocurrency.
6. CryptoZoo ($ZOO)
CryptoZoo was started by a famous internet personality, Logan Paul. It promised a game where users could buy and breed virtual animals using NFTs and make money from it.
People spent millions buying the NFTs, but the game never launched. After years of delays, Logan Paul finally said he would return some money to the buyers. Still, the project became known as a big failure and another example of hype without delivery.
7. Squid Game Token
In 2021, a new token named after the hit Netflix show “Squid Game” appeared. It quickly grew in value, reaching thousands of dollars per token.
But there was a catch: investors couldn’t sell the token. The creators disappeared after the price peaked, taking millions of dollars with them. This was a clear scam, and many people lost their money in what is now known as one of the biggest crypto frauds.
8. $TRUMP and $MELANIA Tokens
These tokens were created around the names of Donald Trump and Melania Trump. They didn’t offer any real product, service, or plan. Still, people bought them, hoping they would become valuable due to the famous names.
For a short time, their values rose quickly. But soon after, they fell just as fast. Many experts warned that these were simply attention-seeking coins made to trick people into investing based on celebrity influence, without offering any actual benefits.
9. Various Meme Tokens
In the past few years, meme coins like “Jail Cat,” “Libra Coin,” and others flooded the market. These coins often had funny names and silly logos but no real use or value.
At one point, meme coins as a group reached a combined value of over $130 billion. But by 2025, most had lost more than half their value. Many of them vanished completely or stopped updating their projects. People started realizing that hype without purpose doesn’t last.
10. Pi Network
Pi Network attracted millions of users with the promise of earning free crypto just by pressing a button daily on their phone. It sounded simple and easy, so it grew fast.
However, the token hasn’t been listed on major exchanges, and its value is unclear. Its system gives out more tokens every day, which means the more people mine it, the less each token is worth. Many people now believe it may never have any real value or utility.
Why These Tokens Fail
So, what makes a token “useless”? Here are some common reasons:
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No product: Many of these tokens don’t connect to any working app, service, or game.
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No plan: They often launch without a clear roadmap or future goals.
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Scams or rug pulls: Some are created just to trick people, then disappear after collecting money.
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Only hype: Tokens that rely on memes, jokes, or celebrity names usually collapse after the buzz fades.
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Poor design: If a token gives out too many coins or is hard to trade, people lose interest quickly.
What Can Investors Learn?
These stories teach us some important lessons:
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Do your research: Always look into who created the token, what it does, and how it works.
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Be careful with hype: Just because a token is trending doesn’t mean it’s a good investment.
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Avoid promises of big returns: If something sounds too good to be true, it usually is.
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Check for real-world use: Tokens connected to real products or services have better chances of lasting.
Final Thoughts
The world of crypto is exciting, but it’s also full of risk. Tokens like USELESS, Squid Game, and WhopperCoin show how easily people can get caught up in hype. Some coins start as jokes and go viral; others are serious scams dressed up as big opportunities.
As an investor or enthusiast, it’s important to stay smart, avoid emotional decisions, and look for real value. Crypto can still be a great innovation—but only if we learn to tell the difference between the useful and the useless.
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