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?
Even shit coins price can increasing sometimes, with the power of pump and dump groups.

From my opinion, shitcoin is a coin that has no function. No function = no demands, no demands = no value.
if the coin has real working products, then it is not shitcoin, although the price of the coin maybe low.