What actually defines a shit coin? The continuous price decrease after listing on an exchange with actual working products in real life or a stable price and a minimal increase in price but lacking real life working products?
The coin becomes shitcoin when developers cease to engage in their project and it ceases to be of interest to investors. Then all shitcoin owners try to sell it quickly at any price while it is still worth something. This finally finishes the coin and makes it shitcoin.