Cryptocurrency tokens such as shitcoins have high growth potential, regardless of the utility they provide. Shitcoins, also known as alternative cryptocurrencies, offer unique investment opportunities. This article explores the concept of shitcoins, discusses factors to consider when purchasing them, and provides a list of the best shitcoins to buy right now.
How Does A Shitcoins Work?
Shitcoins, commonly used by cryptocurrency enthusiasts, are digital assets with little or no value and often without any purpose or use case. It is believed by some people that meme coins like Dogecoin and Shiba Inu are shitcoins. This phrase can also be applied to less serious initiatives than serious blockchain projects.
Often, “shitcoins” are just clones of Bitcoin, which don’t add any new or advanced technology; they may even be outright frauds.
Best Shitcoins Price Prediction In 2023
Shiba Inu, among the most popular shitcoins of 2021, was expected to return over 20,800,000% by the end of the year. You can multiply your investment a thousand fold or more with shitcoins. It is more likely for a shitcoin to drop to zero than to increase by a million fold.
To profit from inflated meme coin value gains, first, determine which shitcoins to invest in and then start buying them as soon as they become available. We’re going to take a closer look at all the good penny crypto assets offered by Changelly.
When Buying Shitcoins, Consider These Factors
Prior to investing in shitcoins, we recommend conducting thorough research. Consider the following factors before buying:
01. Capitalization & Volume Of Market
Analyze the market capitalization and trading volume of the shitcoin you are considering. Investor interest and liquidity are increased when market capitalization and trading volume are higher, reducing price manipulation risks.
02. Team & Development Of Project
Assess the project team behind the shitcoin. Ensure that the developers are experienced, the advisors are transparent, and the roadmap is clear. Successful projects are more likely to lead to Shitcoin’s success.
03. Use Cases And Utility Of Tokens
Examine the utility and use case of the shitcoin token. What is its purpose within a particular industry or ecosystem? Market demand for the token should be clear, and the token must have a clear value proposition.
04. Social Media & Community Engagement
Assess the presence of the shitcoin on social media and in the community. A product with a robust and engaged community is better suited to grow and retain users. Social media channels provide regular updates and insights into the project’s progress.
List Of The Top Shitcoins To Buy In 2023
Rather than review them in detail, let’s quickly glance at the best shitcoins.
- WSM (Wall Street Memes): An NFT and meme shitcoin, WSM is a shitcoin to watch in 2023, combining a huge community, community-driven approach, and adaptability to the newest trends. With just 10 days to go until its presale, this company has raised $4 million.
- Blood Swords (SWDTKN): There is an upcoming role-playing game called Artifex Mundi that introduces this promising shitcoin. Over $1.3 million has been raised in SWDTKN’s presale so far.
- Mooky (MOOK): The donation of this charity token goes to rainforest foundations to protect the environment. A presale of over $800k raised more than $800k for the platform by token holders.
- Pikamoon (PIKA): It offers good growth potential in 2023, making it an excellent shitcoin to invest in. A play-to-earn blockchain game has raised more than $2.7 million in presale funds.
- Scorpion Casino (SCORP): In addition to providing passive income, Scorpion Casino is a licensed, transparent, and provably fair social gaming platform. There was a presale of $250k raised by the company.
- Dogecoin (DOGE): As the world’s first and largest shitcoin, DOGE has mainstream recognition and a massive market capitalization but still suffers from great volatility.
- SHIB (Shiba Inu): It is also a cheap alternative to Dogecoin because of its large market cap and supply.
- ApeCoin (APE): Bored Ape Yacht Club NFT cryptocurrency enjoyed a massive launch, although the price has fallen since.
Conclusion Of Best Shitcoins To Buy Right Now
Our detailed reviews provide information on where to buy shitcoins and shitcoin prices for specific assets. Our analysis revealed that Wall Street Memes is one of the most popular shitcoins after comparing all the assets.