Shitcoins: Stroke of Genius or Cosmic Scam?πŸ’©πŸš€

Shitcoins gems or scams? Article March 20, 2025
Shitcoins gems or scams?

πŸ“’ Breaking news: A new coin with a questionable name just went +10,000% in 24h! You're hesitating between selling your grandmother to buy some or watching from afar with a "What's this BS now?" look.
Welcome to the wonderful world of shitcoins, these ultra-volatile cryptos that can either make you rich overnight, or leave you broke faster than a rug pull on Solana.


What is a Shitcoin? πŸ€”

A shitcoin is a crypto with no real project, no utility, but lots of hype. Basically:

βœ… A beautiful marketing promise.
βœ… A logo often inspired by a stupid meme (Dogecoin, Shiba Inu, PEPE Coin, etc.).
βœ… A community in shambles on X after each pump & dump.
❌ No serious use case (other than enriching its creators).

πŸ‘‰ Legendary example: SafeMoon, which promised insane returns… before crashing like a paper airplane in the rain. Result? An army of tearful investors, and developers mysteriously disappearing into thin air.

But don't be mistaken, some shitcoins manage to mutate into semi-viable projects thanks to a solid community and good marketing. (Hello Dogecoin, the perfect example of the joke that became a billionaire).

shitcoin meme investment

Why Do People Invest in Shitcoins? πŸ’Έ

If shitcoins exist, it's because people put money into them (yes, it's logical). But why on earth would someone jump on a token with a skunk head and fish body? (yes I just made that up) ^^

πŸ”Ή The Lambo dream: "What if I found the next Dogecoin before it explodes?". Spoiler: You'll more often end up with a bus ticket than a Lambo.
πŸ”Ή FOMO (Fear of Missing Out): Seeing guys become millionaires in 24h gives ideas. Except usually, you arrive after the battle, when the train has left and only smoke remains.
πŸ”Ή The lottery effect: Buying a shitcoin is like scratching a $2 ticket. You know you have 99% chance of losing, but you do it anyway because the remaining 1% can make you very rich.
πŸ”Ή For fun: Yes, some buy $PEPE or $WIF just for laughs. After all, losing 20 bucks on a meme is less painful than giving them to an underground parking in Paris.


The Risks: How to Avoid Getting Plucked? πŸ¦†

If investing in a shitcoin makes you dream, you might as well know where you're stepping. Here are some classic traps to avoid:

❌ Rug pulls: Projects launched just to steal funds before disappearing. It's like buying a car, but without wheels, without an engine, and with a seller who already blocked you on Telegram.
❌ Pump & dump: Whales pump the price, then sell everything, leaving small investors in "Why did I believe in this?" mode.
❌ Lack of liquidity: You bought an unknown coin, but… impossible to resell it. You're officially the sole owner of a fictional fortune.
❌ Absurd promises: "This project will revolutionize the world economy!" Translation: "We put a funny dog on the site and hope you'll believe it."

🚨 Survival tip:

  • βœ”οΈ Always check the whitepaper (if there is one).
  • βœ”οΈ Verify liquidity and trading volume.
  • βœ”οΈ Check if the project is transparent or if devs are anonymous shadows.

Legendary Shitcoins: The Wall of Champions πŸ†

If some fail miserably, others have made history (and enriched a few lucky ones along the way).

πŸ’Ž Dogecoin ($DOGE): Created in 2013 as a joke by Billy Markus and Jackson Palmer, Dogecoin was supposed to be a Bitcoin troll. But thanks to a crazy community and Elon Musk's tweets, it became a full-fledged crypto.
πŸ’Ž Shiba Inu ($SHIB): Born in 2020 to compete with Dogecoin, it sells itself as "the Dogecoin killer". Shiba Inu managed to create an ecosystem with its own DEX (ShibaSwap).
πŸ’Ž SafeMoon: The perfect example of a classic shitcoin. Created in 2021, it promised automatic rewards and massive burns… before crashing.
πŸ’Ž PEPE Coin ($PEPE): Launched in 2023, this token relies solely on the famous Pepe the Frog meme. Massive hype, but extreme volatility.
πŸ’Ž Peanut ($PNUT): A shitcoin (meme) on Solana blockchain based on a famous squirrel euthanized during the presidential campaign.
πŸ’Ž Bober ($BOBER): Another shitcoin (meme) on MultiversX blockchain based on a beaver.

crypto wallet shitcoins

Should You Give It a Shot? 🎲

πŸ‘‰ If you like risk and only put in what you can afford to lose, why not!
πŸ‘‰ If you're looking for a serious investment, move along and stick to fundamentals (BTC, ETH…).

πŸ“’ Moral of the story:
Shitcoins are like a kebab with harissa sauce at 4am: it can be a great idea at the moment… but you might bitterly regret it the next day on the toilet.🌯πŸ”₯


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