ShitCoin

Shitcoins can be defined as tokens or coins without a basis or real projects on which they work. The word "shitcoin" consists of two words "shit" and "coin".

Since these coins have no real bottom, investors look for opportunities to invest in them at the time of their bullish run. When such investors miss a coin's bullish move, they get irritated and call it "dirt".

As we all know, coins are assets that one can own in the crypto market. Investors see this coin as an opportunity to take profit and do not invest in it for a long time.

The words bad luck and coin are combined to form the name of this coin, which means "worthless currency or coin", Shitcoin is known to be useless, and it has not brought any changes to the crypto world.

They are known to have no clear goals. Traders also consider coins with less market cap and which are not among the first hundred coins listed.

But different investors in the crypto market have their own way of identifying and defining shitcoins based on their own point of view, as there are no rules for naming these coins. Some traders define shitcoin as any altcoin or currency other than bitcoin.

Other traders, in their own opinion, define this coin as a coin that is associated with fraudulent activity and does not have a project that they rely on. So shitcoins are identified in the crypto market from an individual point of view.

These coins go up based on speculation and investors find it difficult to find the future price of these coins. Investors at one time invested in these coins when they saw speculation about these coins because it is the main chain of these coins which is in a bullish movement.