why are some coins called shitcoins? is it because they are kinda worthless?
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Shitcoins are basically coins with no value behind them. Anyone stupid enough to buy these worthless coins will just be giving out for worthless coins that they cannot do anything about. They cannot trade because nobody will buy them except bigger idiots.
A shitcoin is a cryptocurrency with little to no value or digital currency that has no immediate, discernable purpose. The term is often used to describe altcoins or cryptocurrencies developed after bitcoins became popular.