Useless Ethereum Token has a market cap of $105,000
A token created using the ethereum ERC20 smart contract called Useless Ethereum Token is trading at $0.03 and has a market cap of $105,000 at the time of writing. The token is a response to the valuations that Initial Coin Offerings (ICOs) have generated in recent months, with its own ICO raising $40,000 in three days in June. The website questions why investors would put money into the token, reminding people that it "does absolutely nothing of value".
Useless Ethereum Token (UET) is a cryptocurrency and operates on the Ethereum platform. Useless Ethereum Token has a current supply of 3,965,716.09795 with 0 in circulation. The last known price of Useless Ethereum Token is 0.01342498 USD and is up 0.00 over the last 24 hours. More information can be found at https://uetoken.com/