Shitcoins and Memecoins

[Liz Truss]

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.

[1715477100]

1715477100

[Bitstar_coin]

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.

[DeathAngel]

Just noticed your username OP 
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.

[TastyChillySauce00]

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.

[Kemarit]

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.

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).

[dothebeats]

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.

[Eternad]

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.

[danherbias07]

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. 

[MFahad]

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.

[Ziskinberg]

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.

[fuguebtc]

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

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.

[gunhell16]

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.

As for you Sir, you immediately embarrassed OP, hehe
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.

[Jawhead999]

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.

[avikz]

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.

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!

[virasisog]

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.

As for you Sir, you immediately embarrassed OP, hehe
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.

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.

[bittick]

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

[TheUltraElite]

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.

[AakZaki]

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.

[Piesel]

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.

[AmoreJaz]

Better check current market prices before talking about "valuable" shitcoins or memecoins. The longer bear market continuation goes on, the more useless coins will be delisted in the crypto industry. Memecoins are usually pumped by famous individuals or influencers for business purposes, otherwise, we all know there is no value behind these projects.

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.