Post
Topic
Board Altcoin Discussion
Re: How to identify shitcoins?
by
Kelvinid
on 07/09/2023, 11:37:35 UTC
You can easily spot a shitcoin project if it just added because of the trend or hype especially for memecoins. If team is hidden amd of course the value and significance of the project in the first place. If all these are present, then it will be dead project  for sure
It was easy to spot shitcoins than scam projects. But talking about meme coins, some are totally shitcoins except Doge and Shiba Inu, I'm not yet sure about Pepe coins. Although they are coming from a hyped project but looking at its market value, we can still say that it was not totally useless compared to others. Well, it depends on our discretion or criteria of what it shitcoins or not because for me, as long as it was been used by some traders and is still active, they are not. But can be possibly dead in the future.