Just because it's called a shitcoin doesn't mean it really is

[radjie]

There are several projects (a small part) in launching the coins they make, developers cannot maximize their performance so that the related projects stop in the middle of the road due to obstacles or other reasons, thus making the related tokens worthless in the market. but on the other hand there are some project owners who are seriously redeveloping their projects to be able to raise their names so they try to offer massive promotions and finally coins that are initially worthless or can be said by most people as shitcoin then become very valuable because the developer continues to work hard to be able to improve the projects they have launched so they can attract more investors

[WannaCry]

i think the term shitcoin came from those self drop projects last 2018 wherein people create new smart contract and ask people, community to invest in that project by sending eth in their desired wallet. After those marketing strategy, they will try to enter the exchange but then nothing is happening.In other words shit coins means useless coins 

[Nnuego]

A token is termed a shitcoin when the developer's of the project is not making a positive progress about the project. Year to year no positive feedbacks on their social network handles of how far they have gone in making the project more useful. They only keep mute for years without giving information to their community about their future plans