No, no. There are coin projects and SHIT coins. The term usually means two very specific things: Option A.- straight out scam. Option B.- A copy/paste job, usually by just one individual (dev "team"), launched absolutely unprepared, with no website, no nothing because the 0ne-man-job doesn't have a quarter to his name and needs the money from the community to pay even for the more elemental, basic things.

Since the coin doesn't bring anything to the table that at least 1,000 others already have implemented for months or even years, it is destined to survive between 2 weeks and two months depending on the gullibility/ blind greed of their "investors".

Or worse.