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?
Any project where investors losses their investment can be considered a shitcoin, apart could looks good in paper but id it lacks support coming from the community and there's no volume then it can be considered as shitcoin, investors and users want profit and usability if these two lacks in any project then it is a shitcoin.