Gate News bot message, The cryptocurrency token $USELESS has established a new all-time high (ATH), achieving a market capitalization exceeding $350 million. Notably, the largest token holder, @theunipcs, has maintained their position without selling any tokens, currently sitting on unrealized gain

Gate News bot message, according to the official announcement from Gate on July 14, 2025: Gate will launch USELESS perpetual contract spot trading on July 14, 2025, at 15:30 ( UTC+8. The contract will be settled in USDT. The newly launched USELESS perpetual contract will support leveraged trading of 1-20 times, allowing users to go long or short. The specific parameters of the contract trading, such as the funding rate and minimum tick size, will be adjusted according to market conditions.

Gate will launch Useless Coin (USELESS) spot trading on July 11 and initiate a mining activity to reward users. By staking USDT and USELESS, you can share 100,334 USELESS, and early staking is now open.