Meme Coin Market Analysis: Bonk, Useless Coin, and MarsCoin

An analysis of Bonk, Useless Coin, and MarsCoin reveals varying levels of risk and support gaps for these meme coins in early September.

September 7, 2026, 01:00 AM·1 views

Photo: BeInCrypto

Bonk (BONK) broke above a descending trendline that had been in place since May 11. The breakout occurred on August 21, accompanied by the highest trading volume in five months. The token is currently trading near $0.0000035, with a market capitalization of $308 million. Support is confirmed at $0.00000273, while immediate resistance is at $0.00000375 and $0.00000400.

Useless Coin (USELESS) experienced a 373% rally from its August 31 low of $0.0668 to a peak of $0.316 on September 5. The token is now trading near $0.2225, with a market cap of $222 million. Key support levels are located at $0.20, the 21-day exponential moving average at $0.1231, and a support shelf between $0.093 and $0.100.