Post
Topic
Board Beginners & Help
Re: What is the hope of Shitcoins?
by
Justbillywitt
on 17/02/2025, 16:37:57 UTC
I get where you're coming from—most meme coins or "shitcoins" as you refer to them, don’t bring real innovation and are just hype-driven. But some do help bring mainstream attention to crypto, which can be a good thing. Just think of how much exposure to crypto coins like DOGE or SHIBA brought to crypto from people who have never even heard of cryptocurrency before. Thats at least how I see it.
You are also forgetting how many people that shitcoins or Meme coins have ruined their lives and have made them to leave the crypto space. We have more failed meme coins projects that have ruined people and send them out of the crypto space than successful meme coins projects that has brought people into the crypto space. Meme coins should be avoided especially by newbies. It will Keep benefiting the privilege few and continue ruining the majority of the people who invests in them.