How to identify shitcoins?
How to identify shitcoins?
As an investor, i did a lots of invest in altcoins. Those were suppose to be good that time with having good hype, good team and community. But with having all of thats, most of altcoins scam after a time! I wonder for some altcoins, they were suppose not to be go but they scammed without any reason! And hundreds of altcoins are in my wallet, which are turn into dead shitcoin now.
Shitcoins are generally regarded any token created without a long term roadmap to scale the project. Nearly all of the newer tokens in dexs like Dex screener and others should be regarded as shitcoins which they rightly are. I would also suggest that you avoid any altcoin calls by influencers on CT. A solid project don’t need to be shoved down the throat of users like these influencers do because they’d get a share of the supply.
Stick to projects with proven track records and you’d be fine.