Bitcoin Forum

Did you notice?
It is shitcoin season!!! Memecoins are not to be left behind!

What are Shitcoins?

Shitcoins are crypto assets with little to no value or digital currency that has no immediate, discernible purpose.
On the other hand, Memecoins are genres of crypto assets with it?s value derived from it?s community?s support. They are largely speculative.

Did you not notice it is bear season? Shitcoins mostly do well in bull season because the market force will give them the ability to pump regardless. Bear season on the other hand is not so good for Shitcoins, they will die a natural death the moment they are launched.
Good projects are scared of launching because of the market condition let alone Shitcoins.
Between, I think majority of members here are very familiar with the term shitcoins, no need for the definition.

Just noticed your username OP  :D
Hopefully you hang around longer than her if you understand me.

Shitcoins & memecoins can make you money but most are a sure fire way to lose money. It’s a big risk to invest in memecoins but if you do, don’t risk too much because most of them don’t have longevity imo.

I think that you're wrong about that. Shitcoin was speculative but you must also know that if it's all of crypto are also speculative asset. It's not even a shit coin season but this is a bearish season. So many shit coin goes dead due to the low liquidity and demand.
that's a way to generate money easily but you can also lose all of your money at once when the dev will be rugpulling your money from the defi.

Regardless of season though, shitcoins will still appear no matter what. Developers will have to find a way to make money, so they will create this shitcoin and promote it like it's a hidden gem or something and then people are going to buy. It's just more evident in the bear market, because the market is dry and everything is being magnify as all eyes on the new and latest project that is coming out. And it's either a shitcoin and meme coin. remember when the Queen died, many meme coins suddenly appear?, check them out, they are all dead, (no pun intended).

Investing in shitcoins and memecoins is a hit or miss. A lot of them can easily be manipulated and some of them already have a lot of investors but you can't really tell from the volume and trading history until they announce that something is happening on that coin. I managed to get in on some shitcoins in the past and made some money, but ultimately left because the profits are not that good and most of the people that are in the said project together during accumulation phase are greedy and shuts down any buy order that could eclipse their stash. Best to stay on proven coins for the long term, but for the gamble, the shits, and the giggles, you can always go for shitcoins and memecoins.

Meme coins is under the category of shitcoin that you already described and the definition that made for meme coin is the general definition of altcoin not to meme coin alone. Season of memecoin is already over after Shiba Inu copy Doge because Doge alone is a shitcoin and the rest that copy it is shittier than ever. All tokens including top coins is already on bear season. Shitcoin and Meme coin is not exempted to this thread because those people that buying these tokens are now prioritizing on safety of there assets rather than risk it on this kind of nvestment.

It's a money-making scheme. Don't expect anything even if they named it better as meme coins.
Is it really the shitcoin season? I don't see anything or maybe I didn't notice. That's how it's supposed to be. Maybe you are just in the right group where many shitcoins are being introduced.
Discord? Telegram?
Shitcoins are not even near dust coins because they are proven to have value even for just dust. But "shit" is the worst.  ;D

Many Top class did not provide best  results like Memecoins and Shitcoin did. Bear market is one of the biggest factor that these coins are now dying because these coins has no such Usecase . Memes season is not fully over but still there are hope that they will rush again like they did in 2022.

They are not yet done because these developers continue to create nonsense coins and spread them to the market. I couldn't expect their end but instead, I was aware of the situation that meme coins will still be multiplying more and more knowing that there a lot of people are blind enough not to see them. That is why we should be resourceful, we need to check the potentiality of the project, and much better to stay away from these meme coins if we wanted to be sure that we never fall into the wrong investment.

I don't hate shitcoins or memes but if I said this is their season, I'd say you don't know anything about crypto or you're about to introduce us to some junk coins.

Memes or shitcoins are useless, their purpose is born to manipulate and inflate, so investing in them should only be done during the bull season. Because in a bull market the new entrants to the market are so big it's easy for Fomoe to the hype, it's pretty easy to invest in memes to make a profit. But during bear season when most people seek safe haven and don't want to take risks, investing in memes is like committing suicide.

As for you Sir, you immediately embarrassed OP, hehe ;D
But you are right and I agree with what you mentioned. Although shitcoins do not choose a season, they take advantage of the
bull season more than the bear season, I have also noticed in the past few bull seasons.

On the other hand, I don't believe that all meme coins are shitcoins, I disagree with that because just like Shiba Inu, Babydoge, and Dogecoin for me, these meme coins are not shitcoins for me. This is just my perspective and opinion, I don't know about the other members here.

What do you need to know is shitcoins = memecoins, which mean both of them are useless and it will become worthless sooner or later. The price of those coins are just worth less than a dollar and has very low marketcap, it's really easy to manipulated those coins. I wouldn't dare to invest any single dollar to shitcoins or memecoins except I get it from airdrop.

Shitcoins are pure gambling. You either win or loose. I have noticed that shitcoins become more active during the bear season and that's what we are seeing now. If you have money that are of no use to you, you may actively consider investing in shitcoins for a short period of time. But don't risk any large amount to it.

Such kind of nonsense will always remain a part of the bigger crypto market. It has started with the ICO boom of 2017 and I don't see any end to it unfortunately!

Shitcoins could have a little value during the bullish season that's why they can easily deceive lots of investors during the bullish trend but we could see their real value during the bearish season. They have a weak resistance toward this season so their inability to handle it is too visible.
I agree that not all meme coins are shitcoins because even during this situation, there are meme coins that are showing good potential which could be good proof that they're also a good investment for the long-term run. Doge and Shiba are some coins proving that meme coins could also be profitable.

I didn't even notice it lol. The shit coin era already passed and it must be last year when doge coin and shiba inu have been triggering bunch of scammers to create so many tokens for money grabber only. The end for meme coin is almost coming.
I don't know why you are still believing if the era for meme coin has not yet passed. are you holding some shit scam meme token or what? It's very hard to tell you if you must also accept the truth

Memecoins are based on hype to generate money for their owners. That is how they fool the investors in putting money on it who end up losing their initial investment eventually.

Shitcoins may not have been shit from the start, they usually have a story which the older investors usually know. After one or two bear markets they dump down so much that they cannot back up.

To be honest either of these are not worth investing. Although memecoins are mor dangerous than shitcoins because the newbie members usually fall for their as their first crypto and thus they lose a lot of money because of their inexperience and it gives them bad vibes about crypto in general.

We all here have even realized that Shitcoin and memecoin are mostly just for speculative purposes. But you yourself are not aware of the current bear market. Even the coins that are at the top of the coinmarketcap rankings can be shitcoins.
I don't know what your purpose in making this thread is, is it education about shitcoin and memecoin or just , but you didn't include any sources. Maybe you need to write it down in more detail to provide more education.

Shitcoins don't just start raining now, they have been around since god knows when, in 2016-17 to 2018 the altcoin market witnessed a paradigm shift in popularity and that has resulted in the present situation, as there has been a lot of development in altcoin market and with so many waves that have trended the market one way or the other.

But with the rise of meme coins, a lot of investors have been confused about investing in projects that are nothing different from Ponzi and scams all around, so this day I don't visit the altcoin section anymore because I want to take a total break from that.

most of these coins are only for short-term purposes of possibly earning profits from trading. other then that, i don't think they are worth holding in the long run. once you got your profits, discard and move on. don't look back.
as we all know, the "devs" of this type of coin are not here for long mission of work, but only to get as much money as they can and run away afterwards.
though they don't deserve a place in this market, however, we can't control these people to create crappy projects as we have no regulations on such matter.

I didn't noticed that.

Are they making some gains right now? AFAIK, they're only good when the market is in bull run but not as of the moment. It seems that there are still hopefuls for the shitcoins.

Well, just a tip.

That only invest what you can afford to lose with that genre of altcoins.

shitcoins in general aren't getting any investments right now, if you think it's still shitcoin era, I guess it is if you consider lunc as shit coin, but then again, shit coins still in general lacking investments and added with the fact that the trend is still correction in general most your shit coins will just losing its value in the long term.
I think even meme coin is losing more and more values, better invests in something like matic.

It is as if the OP has not taken a look at a single chart during the last year and still thinks that we are experimenting some sort of bull market, but for the people that have been putting attention to the markets we know that shitcoins will continue to do terribly until bitcoin finally goes through its halving, and depending on how things evolve at that point it is even possible it could take a little longer than that as it seems to me the economic situation around the world could still be unstable at that point.

if you're ready investing in shit coins then you should be ready getting rugpulled since the name implies itself as shit basically you could lose your money when investing into this coin, these shitcoin generally are more volatile than the ordinary coins in general, even though it might seems interesting to invests because of the volatility, doesn't mean you're gonna be making good profit out of it, instead you could be the ones that's losing instead, the chance of creating good returns is rather low honestly.

But there could be some that are willing to invest and exit on time before the rugpulled. But I guess majority isn't as lucky as others, because maybe of their greed or something. Or the believed that their money will continue to multiple because the shitcoins is growing like 1000%. Nevertheless when it hit the apex, for sure the price will go down very hard and if you didn't get out, instead of winning big, all of your money is gone from.


I think they are, but maybe we didn't get the news until they already grown so big that it's a risk to invest because some of us are late already. And I believed that this is a niche market, there are investors that are into shitcoin, or we can call them manipulators or part of a pump and dump group. And they are making this shitcoin because they know that at some point there are newbies that are going to pick up their coins and invest and thinking they can be instant millionaires.

most investors think meme coin and shitcoin will make 100x-1000x bigger profits, i would say yes it might happen when bulls come crashing into the market like last year.
but i will also say that neither the shitcoin nor the meme coin hype is over and it's really hard to believe it anymore.
maybe it will increase the price to reach 100x but after that it will be discarded again and become $0 after that it seems like it has no value anymore.
maybe you need to consider all of this before going further into meme coin or shitcoin

If you don't want to lose your investment and get a headache totally ignore these kinds of tokens, they are not called shitcoins for anything they are highly speculative and if you're not following how they are traded in the market, you will lose a lot of money, only seasoned traders and manipulators invest on Shitcoins.

Better concentrate on what matters the most and these are coins that have proven themselves in the market, and if you want to invest in a new coin dig deeper and check what they can offer to the community.

Most of the meme tokens are shit projects, they have nothing to offer here in the market aside from the hype and aside from being a scam. I’m done with meme tokens as well, I don’t want to do the same mistake before and with this, buying meme token is not my priority. Why take such risk on a meme token or a shit project where you can easily buy top coins? That’s a more wise decision to me.

Shitcoins are everywhere. Just think that most altcoins or cryptocurrency projects right now are shitcoins, the majority are shitcoins. I believe that there is only a small percentage currently that there are legit projects, it is already proven.
And for every bear market, these shitcoins are starting to get wipe to the market which is a good thing also.

Coins that exists without any purpose or usage gets added to the shitcoins list. Just tokenising will be done with these projects. Once these kind of projects were successful in the market giving good profit to the investors. When things get better with better adoption, automatically those projects that aren't upto the standard got delisted.

Memecoins are developed based on some incident or purpose instantly. Recently during the death of Queen Elizabeth more than 20 coins reached the market in her name. Those doesn't carry big value, but some gets hyped and turns successful without reason.

They're all the same regardless of what you call them imo. They're both a gamble with most of them having a higher chance of being an exit scam instead of proper investment. The rest can be seen as legit projects but don't really gain traction and then there's the extreme minority that grows in value due to hype which stayed for longer without any actual reason. I doubt they'd stop or leave the market scene, just like projects are being made left and right monthly, the same could be said for these types of coins.

Look at how the market is moving before you recommend us to invest with shitcoins or meme coins, in the current market situation I don't think this is the right time to buy shitcoins in a bear market and many investors are also not interested in investing in them because they realize they will lose everything if they invest with shitcoin at the wrong time, sometimes shitcoin can indeed give us profit but that will only happen when the market is bullish.

She will. The forum is not parliamentary.

Shitcoin is moved by the trolling community and the pump-and-dump devs themselves. If anyone wants to go along with thier scheme, they just have to make sure they can sell even before the price hits its ATH so they won't be left behind. Every layer1 platform today have its own Inu tokens. Pinkie Inu on BNB Chain is the latest to have vroomed.

hahah its like savage in game :D


yeah even a good project not gonna launch in this bear market to me there is no pretty much different memecoin or the shitcoin its justpump and dump if you can fight the volatility maybe you can make a big profit but this bear market is not friendly especially with shitcoin

Shitcoin and memecoin are always hated but always exist because coins like this are used by manipulators to continue to earn a lot of money from the crypto world it is undeniable and the most losses from these coins are retail because they always think the price will rise and do not know that the manipulators are ready to exit the market and leave the market with such damage.

Those who hated memecoin don't know the fun in the memecoin tho but it's different in shitcoin since shitcoin is really trash coin. I think that shitcoin and memecoin are really different and the value they give is also different. It all depends on us how we use the opportunity that memecoin gives to us and how we treat shitcoin which can give us both loss and profit.

The secrets of Shitcoin or memecoin is to discover them at the newly birth time and invest maybe before dump you had already made your x and leave as other leave, the worst thing that would happen to a man is to invest in those coin at dump at then all your efforts are gone and can't make out any gain from it, Memecoin can somehow be preferable it last for short period other than shitcoin, at the bear they are all gone.

There's no hype anymore for shit coin. The hype has gone since people were only being scammed by so many scam meme token in the market. I have seen that so much people who have been doing pretty well by gambling their money in the meme token but most of people got rekt. They got scammed. The scammers are rugpulling liq pool. That shit will not happen again for now. The era for meme token already ended. People will never trust it anymore.

First of all nice name OP. Regarding the topic of the thread. I don't think that it is shit-coin season and i really hope that there won't be another shit-coin season like the one we had a year ago again, because in my opinion it did hurt the crypto market as a whole and was also one of the main reasons why we are in this bear market now.
I also think that all meme-coins are shit-coins because as they don't offer any functionality and the only reason those projects were started was that the team members wanted to hop on the dogechain hype train and to earn some quick and dirty money that way. None of those meme-coins should exist.

The problem is that there are a lot of people who think that it could repeat. Look at doge and shiba, people are still holding them and even buy more right now since it's cheaper, thinking that when the next bull run comes, the price of those two things will grow super high once again, doge will pass 1 dollar and all that.

I am not saying it's not going to happen, there is of course a possibility that they could grow, but when there is already a guaranteed btc, eth, bnb, ltc, ada, sol, avax type of projects out there which will grow for sure, why would you spend your time on trying to hope that the memecoin you invested into would grow one day and make you some money?

meme coins are literally vanishing even though the meme coin that's already big enough like shib is still there, but most meme coins that have relatively low valuation are already losing their stance and is starting to get abandoned by the masses, I don't understand what you mean with shit coin is having its season, it isn't certainly since majority of them are just losing value right now that it's not even good for speculation anymore.

Shitcoins and meme coins are the same, both are shitcoins.  ;D
Although meme coins have so many large communities, what percentage of meme coins can really be worthy and survive for a longer time? So far, we can only find Doge and also Shiba Inu which is still surviving and keeping it up. But, what about other numerous meme coins? They are exactly shit coins.

But, shit coins are not only meme coins, but there are also many altcoins that are included as shit coins, moreover new projects with hype, in which the price is pumping very highly in the first listing, and then, it drops like rug pull. There are also many other shit coins that always say they are the next Bitcoin, the next Ethereum, bt only a few months, they are failed. Many new projects are shit coins because they only focus on selling their tokens or coins, then, they will leave their investors without any clear information about exchange listings.

What is this shitcoin season that you are talking about? What makes you think that it is the shitcoin season? There are literally one or two shitcoin getting pumped every day, but for a short period of time. Those who join late are the ones that pay for the profit of the others. And then there are shitcoins that lock you our from selling. Almost everyone that invests in shitcoin loses their money. Meme coins and shit coins have no difference. All meme coins are shitcoins with no real usecase. Only few (two of them) was able to remove the shitcoin label due to the huge community support.

Shitcoins are a type of cryptocurrency that are launched for the purpose of making money quickly. They are not meant to make long-term investments, but instead are meant to be easily traded and make profit from short-term trading.

The problem is with Shitcoins is that they usually require little to no effort to create or maintain. The developers do not care about the well-being of their coin or its investors because they're more concerned with getting rich quick than providing any sort of value for their investors.

There's no real innovation behind it because it just copies other coins and has no real value proposition attached to it. If you invest in a shitcoin, you will almost always lose money because there's no reason for any value to exist in it. I think, it's not a good idea to invest in here.

indeed at this time the shitcoin hype had completely run out after everyone threw away the shitcoin they were holding with a sense of disappointment when the shitcoin hype started, people thought that the coin was very good for the long term and in the end they had sold all the shitcoin they were holding.
maybe there are still some people who hold shitcoin and think that it will have a high value in the future even though shitcoin will experience a temporary pump without any long-term opportunities.
because every time the shitcoin pump happens for a very short time and after that it is thrown back and a dump occurs

We are face to face with a bear market, bad right now shitcoins are not attractive as there is no enough motivation for people to buy, so it is more than ever more risky to be involved in shitcoins.

Note that most shitcoins rely on the community to push because some do not have a good use case.

Only a few of them have remained good even at these times. It's true that many of them have been into low valuation because we're in a bear market.
It's not good to invest in meme coins because it's unknown if they'll go alive again when the bull market comes. But one thing for sure is that many of these meme coins and shitcoins won't recover.

As much as possible invest in top coins which are safer than investing in shitcoins or meme coins,
especially with bear market conditions, I think we have to consider many things and be wise in making decisions,
but regardless, everyone has their own opinion about meme coins and shitcoins

Coin memes are in high demand just because of the hype, and it's evident now how many of them have survived? I don't even think they exist. It's like that, when a coin comes with hype then they will not be able to last long in the market and also they will quickly disappear like being swallowed by the earth.
I also don't understand about the shitcoin season, because in every smoke there is always a shitcoin.

 ;D Yeah, maybe you wanted to take on the name as a reminder of who left the office just a day before you registered this account and I hope will stick around for more than 44 day in this forum. Anyway, you should understand that in the market trend we have been in for the past months, even the best Bitcoin is not spared let alone Shitcoins and meme coins without any true purpose. People only invest in these shitcoins for the quick gains, after which those projects die off and that has always been the Devs mission, so don't get overly excited about them and invest as little as you can afford to lose even during the Bull market. 

As for me, these coins are almost the same thing ;D memcoins=shitcoins. Maybe with some exeptions, but both are not for a long-term investments, for sure.

At this point in time I refuse to believe that meme coins are shitcoins, not all meme coins are shitcoins, if you can do your own research you will understand that some meme coins are now having useful utilities and they are doing well even in this bear market, this is something many people don't want to see but the prove is up on coinmarketcap, projects like Doge coin, Shiba inu, Baby Doge have better liquidity and Volume than many coins and tokens that aren't meme coins.

And interestingly, shitcoins and memecoins have made lots of investors serious money, while we are here debating about shitcoins, others are out there profiting from them. Am not advocating for any of them, just saying what am seeing happening.
And the most surprising aspect is the number of investors willing to throw in money on these short-term projects. Shitcoins and memecoins are profitable if you can be among the early investors and ride waves to the top. @OP shitcoins and memecoins are not completely useless if you know your way out.

The top coins are still the best choice but not all of them should be in your bag. Bitcoin and Ethereum are the most common choices that one can get from there.
While others are watching for the new projects to come in and fill their bags, you have the freedom and will to do what they do or just go to what you think is right and that's one of it, to invest in the top coins and not with the meme coins anymore.

It seems you're attracting the investors to buy shitcoins/meme coins at this time. Are you a believer of these coins? Because it's risky to invest in shitcoins/meme coins regardless of price, the hype and community supporting it since it has no real use case. Even though the profit could be immense if you happen to choose the one that not yet reach the ath and currently hype, but still it is not advisable to invest.

We are still in bearish market and majority of coins are still struggling to increase so be wise on choosing what coins are good and worth it to buy.

How many times speculators will need to learn the same lesson? The majority of altcoins will not show a good performance now, only when the market is going up almost every day those coins have any chance of attracting a great deal of investors to them.

But when this is not the case and the conditions we face are nowhere near of being optimal then altcoins do horribly, this is especially true for meme coins as in the case of other altcoins at least they have a use case which could help them to survive until the next bull market, but in the case of meme coins they are useless coins and only a handful of them like dogecoin and shiba inu will make it to the next bull run.

While there's nothing inherently wrong with investing in cryptocurrency, the problem is that a lot of people are blindly throwing money at coins with no real value and functionality like shitcoins or memecoin.

For me, shitcoins or meme coins are launched with no real purpose other than to get rich quick by taking advantage of the hype around cryptocurrencies.

That why reason it's being called a shitcoin is because it's a poorly-thought out coin from the start, and all of its promised features will never materialize, or will fall flat when they do. 

They do this by launching with a big marketing push and a promise of revolutionary technology, but without actually delivering anything in terms of value. I think it is not good idea to buy or hold this coins.

Is the name familiar to you? Because why I didn't find it nice but anyway for me, I think shitcoins and meme coins have no season but they are always present on this market. Every new project that has been created, there will always be shitcoins on it or those coins which has no great potential but they are only created for the sake of the owners to profit.

Also there will always be new popular events that will happen therefore we will always see a new meme coin that will be born along with that. Some time ago, it only look like it was a meme coin season due to Elon Musk which often mentions a meme coin on some of his tweets. Many coin creators then ride the hype.

It is just the way OP introduces shitcoins and meme coins to newcomers and falls into these worthless projects.
I don't know what is the benefits he got from doing this but judging from it, it was likely he make a lot of money from tricking people. That was actually an unacceptable offer, we instead educate people and told them about the risk and possible losses if we invested these coins. But unfortunately, OP declined to state it but only encouragement.

There might be no benefits from posting OP sentiments about shitcoins and memecoins but surely we proven that most of us here agree that buying those coins today will put you in a dire situation knowing that they majority of them are destined to fall and lost it's value. I also think that there's not much differences in charts between those famous meme coins (except doge) vs the other tokens in the market today.

Those people that have no idea what to buy in the market will likely choose what was been suggested by most, and that is not meme coins nor shitcoins but surely it was Bitcoin and Ethereum.

If we are familiar with the market and have an experience with these meme coins and shitcoins, you will certainly discourage people not to invest in them. I hope newbies will see the risk with these coins mentioned by OP. I know Dogecoin has a huge community but this is not the ticket to say it was a good investment, not even with the others as we know that meme coins are mostly scams.

Bad season especially for 'small' tokens. Majority of the altcoins including memecoins and 'shitcoins' are not reacting wuth short pumps in the market unlike with the big names out there. There's hope indeed but definitely lower than the typical crypto names, to get a comeback for this year which is about to end.
Memecoins are usually riding the 'waves' of demand. Given that whales are not that active especially during times of such, memecoins are negatively affected. These coins has no utility and market prices are solely dependent with demand, that is why. If ever there will be a bullish movement before this year end, for sure few tokens would only make it under category of memecoins.

Truly the point. There is nothing much .ore to be defined from these meme coins other than being meme or being like the usual stuff you see in the internet. Investing in those is like walking in a broken glass anways. You won't likely see a profit or two from it maybe quick gains but not the usual long term gains that everyone wants.

You can always use meme coins to get a quick profit, and not as a long-term investment. The last Doge pump was related to the news about the purchase of Twitter by Elon Musk. And it really was a very good opportunity to get 30% profit in the current bear market.

But what is the use of this if only a few tokens out of a thousand can grow, the rest will remain useless garbage. There is no big difference, whether shitcoins or memcoins both carry big risks for investors. And if shitcoins at least sometimes try to portray some kind of activity, then memcoins seem to be just created for the sake of entertainment, some will shoot for a while, some will not.

Shitcoins are not hyped currently, but at some point we all remember it was hyped a lot, which started with Elon if I am not wrong. He pumped doge, and then maybe shared a few things about shiba I guess, and that was it and that caused a ripple effect which pumped some other ones I remember as well.

That was a period called shitcoin period and there were billions going into shitcoins and memecoins and the money that could have helped prop up the other proper ones like bitcoin up, went into these terrible projects. We are not there right now, it's long gone, it has been nearly 1.5 years since it last happened, but that period was a dark period for crypto unfortunately.

This is one of the main problems with those coins, once in a while a shitcoin will pump and one of the lucky people which invested in that coin will come to the forum claiming how they found a way to make an unlimited amount of money in a short amount of time, but of course they will forget to mention there are thousands of coins just like the one they invested and all the people that were not as lucky as them and which are now holding a bag of useless coins, but obviously such details are unimportant for someone which is blinded by the profits they got out of a useless coin.

That sounds like pump & dump. And from what I saw Elon is doing exactly that, he is taking advantage of his huge/incredible/amazing capital combined with many followers, to pump and later dump some coins! As we could see he did it with Doge and Bitcoin.

Tell me if I am wrong, but before Musk and crazy Doge rise we all thought that meme coins are shitcoins! But Musk showed us that even meme/shit coins can get publicity if the right person moves the masses in his desired direction.

It could be always end up on being manipulative or something that could really be influenced by someone who do tend to hype it which we know that everything on cryptospace could really be that possible.
Even on the shittiest project that we do have could potentially rise its price once its been hyped or something but once it do really end up on making lots of investors lost its money then pretty sure that
we would be sharing up on the same impression is on which you would really be definitely be having a bad experience and wont really be tending to make yourself get on the second time mistake
once you do encounter it on the future.We do have lots of shitcoins in the market and this is why you should really make yourself that be careful on dealing with investment.

The cryptocurrency market is seriously on Red, which is bear market and is good to buy, as you said, shitcoin really do well during the bull run, any small thing, pumping and moving forward with the community support, therefore is good to invest on meme coin's while waiting for Bull Run.

Yes.  This is a very difficult choice for all traders.  If we invest in memes, I'm afraid this trend won't last long. But if this is possible, investing in coins in the top five ranks is an option that must be tried.

Most of those who launch such shitcoins and mem coins set themselves the task of getting a quick profit by attracting newcomers to their pump, promising them a high income. And as a rule, they fail to do this, since newcomers are already coming to the market a little more educated than they were before. And accordingly, without reaching their goal, they completely abandon their project.

they don't care about it all as long as they can profit whatever they charge from shitcoins still look good with the various concepts they create. but shitcoins are still shitcoins exploding at the beginning but those who are at the end of the entry will become stuck forever. I don't really follow the trend meme because it's a pyramid-like risk.

Shitcoins are ahitcoins haha but meme coins are much bigger shitcoins in the catagory of the shitcoin.... Oops point is never trust Shit coins they are like the cool breeze from the refrigerator disappear in a few secs. Hype is not solution even its not profitable too as when you enter hype gets over and you get stuck into the trap.

It’s clear that the fundamentals are weak with these meme projects and that’s the reason why I am staying away from them. Tell me one thing that they do right aside from social media hype they get, anything else comes to mind? Of course not, the project needs to be a good one from the get go in order to get my money, when I checked the code, the team, the features, the additions, everything that a project has, needs to be good before it could be invested.

These projects have none of that and this is why ı dislike it, and I would never invest. NFT was similar too, it was just pure hype and had absolutely no proper reason for them to be that high.

Shitcoins are always been around and one of those is meme coins that turn into no-value assets that become shitcoins.
It was clear to our mind the value of these coins (memes and shitcoins), and they are just close to each other. As we could see, only Shiba Inu and Doge among these meme coins made their way to stay longer in the market while many of these kinds are dead. They are too lucky to have that support from the community because there's none, it is absolutely they are dead also.

On just using your own common sense, then you would definitely be suggesting not to engage with risky meme coins but we do know that there are people who could really play with fire.
They know its risky but it is also a way on making huge profits if the trend or interest or hype would really go in line with these things.Its better not to touch up if you could
able to bare the risk but it cant really be denied that investing on shit coins and when it gets pumped then you would definitely get lots of profits
but if not then it would really be a loss or in general, its really a gamble.

I noticed dogechain pumping and this got me wondering how that's possible in a bear market then I want to their social media page and discovered they announced a burn mechanism and a reduction of token supply which triggered the community to react positively. People still get this fooled in 2022, why did the developers make such supply of tokens if they know they won't need it in future.
So they still use the trick of burning of token supply to increase investors trust and hope of been profitable when they get their hands on these worthless meme coin.

Meme coin are not necessarily shit coin, though they are largely almost as risky as shit coin owing to the fact that they lack utility and their success is determined by whose behind the project and the community desire to pump it or not. When I think about meme coin, what comes to mind is Shiba and dogecoin, though I know there are several more that are regarded as shit coin.

Everything you described applies to any altcoin, regardless of its category, whether it is a utility token or a meme coin. All coins depend on community support and whales. Without them, there will be no demand and the creation of a certain market by market makers. If we are talking specifically about meme koins, it is a class of cryptocurrency whose demand depends only on the availability of some influencer. If a meme coin doesn't have an influencer, who will distribute mentions about the coin in social networks, then this meme coin will remain unknown and unwanted. The popularity of this or that coin depends on the degree to which it is distributed in social networks by some person, a so-called opinion leader.

The coin cannot be sold only if it is prohibited in the smart contract. And this has nothing to do with shitcoins, since such a ban can be identified with scam. Obviously, not every shitcoin can be sold for more than you bought it, but this applies to all coins when the market turns bearish.

Strictly speaking, investing in memes is gambling, you can invest in memes as long as you know what you're doing. it can make you lose but can also help you make huge profits.

You are right, allocating capital is a good thing to do and should not focus your entire investment on meme, just a small amount of money and willing to lose to invest with meme. I invest in memes as entertainment and I don't mind them too much.

Although memes are useless but I believe it will never die, they will always be on the market and they will be more active when the bull season returns, I would rather invest in them when the bull season comes than now.

it is unbelievable, until 2 years ago we only had 5000 cryptocurrencies and of course of those 5000 cryptocurrencies only less than 50 were not shitcoin, but today we have 21555 cryptocurrencies, this is a scary number and if we take into account that only less than 50 cryptocurrencies are not they are shitcoin so we would be saying that there are more than 21000 shitcoins and altcoins of memes, this number is very large, it seems that every day they are creating dozens of shitcoin and altcoins of memes


talking about listing, currently even the number of exchanges has increased a lot, there are already 500 exchanges and we have 21500 shitcoins and meme coins, doing research to be able to separate shitcoin from serious projects has become an almost impossible mission, now people can only choose serious projects like bitcoin or ETH and some others and when the person wants to invest in some shitcoin in the hope of making a profit, the person has to think that he is putting money that he will not miss when he loses, shitcoins have become something like a lottery, just like gambling

Lol the funny thing is more and more of these coins keep popping up and they still make money off it. It's ridiculous but weird at the same time. Wonder if this is the direction the coins will go and if people are backing some of these coins. But like the saying goes another mans trash is another mans gold  ;D

It may seem like it makes no sense that those useless coins keep skyrocketing from time to time, but if you think about it we can still make sense of the situation, at the end of the day people are not looking to invest in good projects, that is just a means to an end, and what is it the end goal? To earn money, so as long as a coin can give them profits they do not care if it is a shitcoin or not, the developers of those coins know this which is why they try to generate hype for their coin, and if they can do it then they know that this will attract more and more traders and investors to their projects, however at some point that growth will stop and then a crash becomes inevitable as there is nothing which can keep the price at such high levels.

During those days the market isn't this big and it is an easy thing to launch a token. Now it is not an easy thing anymore and people won't invest on it. Very few shitcoins/memecoins have got potential support, whereas majority were just developed and left away. Lucky ones will get to make the best out of it, if not we should have the plan to invest same as that we use for gambling.

The bear season is not kind to everyone too. Many legit utility coins and tokens are feeling the heat too. Some are down more than 50%. In fact if you take a research on the average dump of utility vs shitcoins, you would be surprised at what you would get. Take for example, what happened to Dogecoin recently. Same to Shiba Inu

Always try to stay away from Shitcoins and Memecoins because these coins have a lot of movement, so you may see a lot of profit at some point, but you will see that these Shitcoins and Memecoins disappear from the market and you will face a lot of losses.

Musk is again manipulating his dog, seems that he really making good pump for doge and shiba and look what' happening a hype and more traders and investors are falling into it, we don't know how long it will take and how high Musk is planning to pump both projects but it really risky if you don't have the guts to embrace the possibilities of losing your investment.

If you are familiar and have great experienced with the current setup, shit/meme always have the timing to enjoy the earnings.

"Meme" coins are just fun cryptocurrencies you can use without "breaking the bank". While it's possible to profit with these coins during the ups and downs in price, I wouldn't recommend relying on them as a long term investment due to their extremely-unpredictable nature. Most (if not all) of these coins have an exaggerated supply of units in circulation, making it impossible for them to retain a high price for such a long period of time. Garlicoin would be the only exception to this (due to its finite supply), but it hasn't gone to the moon yet because development progress has stalled. People are no longer interested in the cryptocurrency, as they move on to the next big thing.

"Shitcoins", on the other hand, last longer than "meme" coins but they're often a victim of hacks, outages, and other undesired situations. Basically no other cryptocurrency compares to Bitcoin when it comes to achieving decentralization and censorship-resistance. Most of the coins you see now will die, paving the way for other new players to enter the space. As long as you don't put all of your eggs in one basket, there should be nothing to worry about. Just my thoughts ;D

Um, I'm not sure. People are hesitant to invest in anything right now, not even legal businesses. It's really hazardous, so most people appear to be holding out until things become clearer. People aren't really motivated to trade in light of the present scenario. Perhaps you can explain how you arrived at this assessment. to the extent of an article or something? Perhaps with them, we'll be able to take it in a little more easily. People will still be interested in shitcoins and meme coins, but I expect they won't have as much appeal as the bull market.

Since the market price is changing gradually in the crypto market, I guess Shitcoins will bring a good results to those that embraced the opportunity to invested in Shitcoins some months ago. Since bear season is still affecting Shitcoins and memecoins, show that there is still an opportunity to invest in Shitcoins to be part of those that will earn well in the future, because their teams are well organized to make the price pump higher before the end of this month of November.

It’s still an easy thing, it just depends on the money you have. If you have 50k dollars in your pocket, you could spend 10k on building a token, and 40k on marketing and you could get a million dollars out of it. The problem is not the fact that there is less money to be made as project creator, but that doesn't mean that you can't.

The problem is that people could create new tokens and make money from it, and that’s not normal, the reason to create a token shouldn't be to get rich, did satoshi become rich? That wasn't the point, most created coins of the old did not make the creators rich at all, it just made investors rich, that was the point.

The recession causes severe pain across both the crypto and stocks markets. That's because people often hoard their cash when the cost of living goes up at a very fast pace. With central banks adding fuel to the fire, it's going to take quite a long time before we're able to experience an "altcoin season" anytime soon. "Meme" coins are usually driven by hype, so they could skyrocket in price even if it's for a short period of time. They don't have any future since developers don't take them seriously. And don't let me get started again on "Shitcoins".

Ultimately, there can only be one winner. Bitcoin is by far the best cryptocurrency in the world (despite being slow and expensive at times), so it's likely most altcoins will die while the pioneer cryptocurrency lives for generations. I'd consider a gamble to invest into both "shitcoins" and "meme" coins. As long as you know what you're doing, there should be nothing to worry about. Just my thoughts ;D