I keep hearing people call a coin "shitcoin". I have seen some arguments regarding some coins being called a shitcoin but yet the same coin ends up being impressive in its growth in the market. I thought a shitcoin should be a coin with no potential or use. Can someone clarify for me on the term " shitcoin", it will be helpful for investment knowledge. Thanks
Shitcoin is often used by people who believe that only Bitcoin should exist, but there is a part of truth on this, as there are many coins that are simply copycats with no technology and have no future nor team behind.