Do you want to know more about shitcoins, the risks involved, why you should or should not buy shitcoins and the list of all shitcoins in 2021? Then this article is for you.
Read on below to find out all you need to know about shitcoins.
What are “shitcoins”?
“Shitcoin” is the term given to cryptocurrency that’s useless and has no value. These cryptos were created as copycats — currencies that have brought nothing new to the crypto space. They don’t have clear goals. Unlike Bitcoin or Ethereum, which came about with specific, defined purposes and innovative goals, shitcoins lack functionalities. For this reason, they don’t have the longevity of other coins.
The risks of shitcoins
As of January 2021, there are over 4,000 cryptocurrencies on the market. They can’t all be on the level of Bitcoin, Binance or Tether. In the stock market, there are good and bad investment opportunities, and the same can be said of cryptocurrency. Many shitcoins are created to capitalize on people who are jumping on the crypto bandwagon without doing their research first. Their value is based on speculation and little else.
Plenty of people have lost money to shitcoins — from hundreds to thousands of dollars. Hearing stories like that of Contessoto can make purchasing cheap, lesser-known crypto extremely temping. The risks of investing in crypto are similar to those of investing in the stock market. You should never invest more than you can afford to lose, and you should always do your research first.
How to spot a shitcoin
- The developers are mysterious. The people behind a project should be trustworthy, not a random group of strangers using fake names. You wouldn’t invest in stock from an anonymous group, would you? The same applies here. If the developers have identified themselves by video on Instagram or Youtube, for example, they’re considered doxxed and much more trustworthy. With their appearance known by the public, it’s much less likely to be a scam.
- The project has big promises, but has no defined functionalities. Anyone can come up with impressive-sounding goals and promises. However, not just anyone can provide the roadmap as to how those objectives will be accomplished. If a project avoids defining the functionalities, it’s not trustworthy.
- Aspects of the project seem copied or generic. If a project’s website looks generic or uses a free domain, that should be a red flag. It signals that it lacks the authenticity of a true, well-developed project. Additionally, if the white paper is indistinguishable from that of other popular projects, it’s likely a copy made to trick people into feeling secure. Alternatively, if it’s technically written with such jargon that it’s hard to understand, it’s likely a shitcoin.
- Check the number of holders. Experts say any new coin worth investing in should have 200 to 300 holders, at a minimum. Any coin that doesn’t meet that minimum isn’t healthy and isn’t worth investing in. Similarly, any healthy new coin should have five to 10 transactions per minute.
- Consider the liquidity pool. The liquidity pool is considered the backbone of most decentralized exchanges. If the project you’re investing in doesn’t have at least $30,000, it’s likely a shitcoin. Low numbers — like hundreds or a few thousand — should be a warning sign.
At the end of the day, many of the rules that apply to the stock market also apply in the crypto space. Two key lessons will ensure you invest well: Research before you invest and never invest more than you’re comfortable losing.
Below are some of the best crypto currencies to invest in that gives high returns and low risks.
- Chainlink (LINK)
- Litecoin
- Basic Attention Token
- BitTorrent
- Bitcoin
- Ethereum
- Bitcoin Cash
- Binance Coin
- Dodge Coin
- Shiba
Read More About The Top Ten (10) Best Safest Crypto Currency to Invest in And Make Profit in 2021
Below is a list of the top best 100 shitcoins for 2021, their market cap, price, circulating supply and changes over 24 hours.
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | Change (24h) |
|---|
|
#
|
Name
|
Market Cap
|
Price
|
Volume (24h)
|
Circulating Supply
|
Change (24h)
|
|
|---|---|---|---|---|---|---|---|
| 1 |  Bitcoin |
$702,834,695,684 | $37,509.27 | $24,541,046,518 | 18,737,625 BTC | -4.38% |
| 2 |  Shitcoin #1 |
$271,030,896,881 | $2,329.71 | $16,610,013,328 | 116,336,676 POO | -4.72% |
| 3 | Shitcoin #2 |
$62,555,650,587 | $1.00 | $41,486,578,467 | 62,544,846,225 POO | -0.03% |
| 4 | Shitcoin #3 |
$53,893,827,264 | $351.25 | $746,574,081 | 153,432,897 POO | -2.69% |
| 5 | Shitcoin #4 |
$47,149,780,829 | $1.48 | $1,884,364,004 | 31,946,328,269 POO | -3.96% |
| 6 | Shitcoin #5 |
$39,432,326,950 | $0.303177 | $1,240,588,465 | 130,063,646,536 POO | -2.84% |
| 7 | Shitcoin #6 |
$37,981,787,265 | $0.836529 | $1,716,267,664 | 45,404,028,640 POO | -2.46% |
| 8 | Shitcoin #7 |
$24,008,878,634 | $1.00 | $730,984,952 | 23,979,536,151 POO | 0.08% |
| 9 | Shitcoin #8 |
$22,176,001,417 | $22.12 | $456,424,265 | 1,002,752,683 POO | -7.48% |
| 10 | Shitcoin #9 |
$12,369,924,401 | $21.51 | $83,373,212 | 575,171,206 POO | -5.78% |
| 11 | Shitcoin #10 |
$11,085,100,776 | $590.68 | $1,352,625,337 | 18,766,656 POO | -4.14% |
| 12 | Shitcoin #11 |
$10,985,174,740 | $164.57 | $1,575,219,753 | 66,752,415 POO | -4.52% |
| 13 | Shitcoin #12 |
$10,536,922,267 | $38.65 | $138,544,769 | 272,637,428 POO | -5.27% |
| 14 | Shitcoin #13 |
$9,731,113,894 | $22.50 | $522,580,342 | 432,509,554 POO | -7.18% |
| 15 | Shitcoin #14 |
$9,729,862,785 | $9.73 | $243,053,173 | 1,000,000,000 POO | 2.56% |
| 16 | Shitcoin #15 |
$9,293,650,353 | $1.00 | $556,988,382 | 9,291,820,686 POO | -0.04% |
| 17 | Shitcoin #16 |
$7,256,993,212 | $1.47 | $373,557,694 | 4,952,830,774 POO | -4.98% |
| 18 | Shitcoin #17 |
$7,217,979,316 | $0.311804 | $222,906,325 | 23,149,089,713 POO | -4.83% |
| 19 | Shitcoin #18 |
$7,193,009,125 | $37,549.30 | $81,091,759 | 191,562 POO | -4.38% |
| 20 | Shitcoin #19 |
$6,729,068,931 | $0.104626 | $177,798,204 | 64,315,576,989 POO | -5.58% |
| 21 | Shitcoin #20 |
$6,291,892,525 | $54.09 | $1,546,823,873 | 116,313,299 POO | -4.79% |
| 22 | Shitcoin #21 |
$5,442,083,070 | $68.05 | $169,859,874 | 79,968,675 POO | -4.11% |
| 23 | Shitcoin #22 |
$5,228,309,855 | $1.00 | $18,961,443 | 5,224,686,323 POO | -0.09% |
| 24 | Shitcoin #23 |
$5,174,573,441 | $0.072210 | $721,317,429 | 71,659,657,369 POO | 0.97% |
| 25 | Shitcoin #24 |
$4,780,828,596 | $266.58 | $141,600,131 | 17,934,186 POO | -2.72% |
| 26 | Shitcoin #25 |
$4,576,666,437 | $4.80 | $832,323,088 | 954,346,110 POO | -5.07% |
| 27 | Shitcoin #26 |
$3,636,558,950 | $284.13 | $59,005,431 | 12,798,927 POO | -6.23% |
| 28 | Shitcoin #27 |
$3,329,041,386 | $47.19 | $155,431,165 | 70,538,831 POO | -6.49% |
| 29 | Shitcoin #28 |
$3,257,330,105 | $13.11 | $457,175,766 | 248,453,201 POO | -7.78% |
| 30 | Shitcoin #29 |
$3,225,855,119 | $0.608512 | $287,008,251 | 5,301,214,400 POO | 12.28% |
| 31 | Shitcoin #30 |
$3,196,890,275 | $1.04 | $259,609,619 | 3,084,601,613 POO | -2.97% |
| 32 | Shitcoin #31 |
$3,056,973,598 | $162.92 | $333,084,414 | 18,763,383 POO | -1.59% |
| 33 | Shitcoin #32 |
$2,986,163,846 | $31.65 | $8,397,914 | 94,346,958 POO | -3.59% |
| 34 | Shitcoin #33 |
$2,972,004,624 | $0.000008 | $464,789,344 | 394,796,000,000,000 POO | -8.01% |
| 35 | Shitcoin #34 |
$2,942,372,965 | $16.11 | $66,254,335 | 182,654,854 POO | -3.87% |
| 36 | Shitcoin #35 |
$2,941,621,520 | $1.06 | $30,671,281 | 2,779,530,283 POO | -3.53% |
| 37 | Shitcoin #36 |
$2,827,807,290 | $0.111935 | $22,604,546 | 25,263,013,692 POO | -3.38% |
| 38 | Shitcoin #37 |
$2,821,587,848 | $333.12 | $51,725,166 | 8,470,098 POO | -10.06% |
| 39 | Shitcoin #38 |
$2,817,192,501 | $2,841.56 | $32,456,191 | 991,423 POO | -6.48% |
| 40 | Shitcoin #39 |
$2,766,943,120 | $3.26 | $153,266,426 | 849,700,773 POO | 1.06% |
| 41 | Shitcoin #40 |
$2,757,833,878 | $1.11 | $9,904,290 | 2,474,485,822 POO | -5.96% |
| 42 | Shitcoin #41 |
$2,631,036,580 | $6.30 | $20,687,414 | 417,684,362 POO | -1.20% |
| 43 | Shitcoin #42 |
$2,529,011,857 | $14.67 | $60,420,422 | 172,418,164 POO | -0.23% |
| 44 | Shitcoin #43 |
$2,449,453,936 | $2.57 | $2,781,537 | 953,954,130 POO | -3.12% |
| 45 | Shitcoin #44 |
$2,407,341,387 | $0.000004 | $8,173,189 | 585,536,366,402,812 POO | 0.66% |
| 46 | Shitcoin #45 |
$2,221,724,042 | $13.02 | $62,385,242 | 170,704,593 POO | -3.70% |
| 47 | Shitcoin #46 |
$2,138,066,688 | $0.003240 | $114,614,313 | 659,952,625,000 POO | -4.55% |
| 48 | Shitcoin #47 |
$2,020,779,323 | $8.64 | $72,541,207 | 233,836,800 POO | -10.98% |
| 49 | Shitcoin #48 |
$2,014,404,945 | $0.986762 | $20,502,696 | 2,041,429,433 POO | -0.94% |
| 50 | Shitcoin #49 |
$1,896,192,537 | $0.995863 | $711,517 | 1,904,069,671 POO | -0.34% |
| 51 | Shitcoin #50 |
$1,889,507,962 | $0.219735 | $91,647,337 | 8,599,030,546 POO | 6.86% |
| 52 | Shitcoin #51 |
$1,872,708,446 | $17.77 | $124,840,003 | 105,400,342 POO | -3.32% |
| 53 | Shitcoin #52 |
$1,826,702,492 | $0.309928 | $263,732,466 | 5,893,953,862 POO | -5.20% |
| 54 | Shitcoin #53 |
$1,817,667,955 | $101.89 | $2,380,117 | 17,839,853 POO | 0.33% |
| 55 | Shitcoin #54 |
$1,657,828,326 | $137.98 | $840,909,854 | 12,015,413 POO | -5.12% |
| 56 | Shitcoin #55 |
$1,648,870,861 | $161.87 | $445,011,939 | 10,186,235 POO | -6.97% |
| 57 | Shitcoin #56 |
$1,645,520,957 | $126.24 | $23,575,142 | 13,035,206 POO | -6.49% |
| 58 | Shitcoin #57 |
$1,588,452,831 | $6.65 | $3,795,585 | 238,863,520 POO | -1.30% |
| 59 | Shitcoin #58 |
$1,578,573,048 | $300.48 | $22,870,735 | 5,253,501 POO | -6.10% |
| 60 | Shitcoin #59 |
$1,571,239,516 | $0.030200 | $13,318,461 | 52,027,110,195 POO | -4.65% |
| 61 | Shitcoin #60 |
$1,486,014,464 | $84.25 | $14,037,211 | 17,638,947 POO | -5.31% |
| 62 | Shitcoin #61 |
$1,427,032,173 | $0.158559 | $33,368,113 | 8,999,999,999 POO | -6.34% |
| 63 | Shitcoin #62 |
$1,425,725,219 | $0.999929 | $34,313,325 | 1,425,826,360 POO | -0.05% |
| 64 | Shitcoin #63 |
$1,310,485,480 | $35,770.98 | $28,442,977 | 36,635 POO | -3.90% |
| 65 | Shitcoin #64 |
$1,248,734,117 | $3.08 | $21,728,390 | 405,978,360 POO | -2.60% |
| 66 | Shitcoin #65 |
$1,188,995,010 | $13.70 | $28,054,393 | 86,814,051 POO | -0.55% |
| 67 | Shitcoin #66 |
$1,159,515,606 | $0.101778 | $49,694,248 | 11,392,595,227 POO | -4.39% |
| 68 | Shitcoin #67 |
$1,124,926,098 | $1.35 | $78,403,926 | 834,331,121 POO | -9.00% |
| 69 | Shitcoin #68 |
$1,063,964,514 | $0.673219 | $12,204,233 | 1,580,414,521 POO | -6.96% |
| 70 | Shitcoin #69 |
$1,055,667,700 | $8.30 | $72,064,688 | 127,244,443 POO | -7.88% |
| 71 | Shitcoin #70 |
$1,020,631,286 | $1.82 | $3,581,670 | 560,000,011 POO | -4.41% |
| 72 | Shitcoin #71 |
$996,212,764 | $8.67 | $7,068,072 | 114,841,533 POO | -7.10% |
| 73 | Shitcoin #72 |
$975,296,963 | $55.69 | $8,963,239 | 17,513,924 POO | -4.78% |
| 74 | Shitcoin #73 |
$954,352,712 | $0.637237 | $15,543,969 | 1,497,640,550 POO | -6.83% |
| 75 | Shitcoin #74 |
$938,461,923 | $83.77 | $17,137,853 | 11,203,413 POO | -6.28% |
| 76 | Shitcoin #75 |
$908,038,967 | $3.02 | $594,335 | 300,511,840 POO | -2.37% |
| 77 | Shitcoin #76 |
$881,462,385 | $0.071815 | $6,470,231 | 12,274,032,382 POO | 31.43% |
| 78 | Shitcoin #77 |
$856,282,798 | $0.336456 | $115,023,678 | 2,545,006,273 POO | 12.82% |
| 79 | Shitcoin #78 |
$835,843,900 | $69.23 | $4,561,053 | 12,072,738 POO | -11.15% |
| 80 | Shitcoin #79 |
$831,271,886 | $8.44 | $105,689,750 | 98,458,250 POO | -6.11% |
| 81 | Shitcoin #80 |
$827,057,913 | $0.663948 | $23,575,291 | 1,245,666,867 POO | -6.04% |
| 82 | Shitcoin #81 |
$821,583,216 | $1.13 | $11,589,403 | 728,108,399 POO | -0.88% |
| 83 | Shitcoin #82 |
$795,602,834 | $0.077978 | $11,397,693 | 10,202,901,259 POO | -5.19% |
| 84 | Shitcoin #83 |
$789,254,809 | $5.92 | $21,264,907 | 133,248,297 POO | -4.70% |
| 85 | Shitcoin #84 |
$788,986,607 | $3.71 | $11,053,570 | 212,459,772 POO | -4.90% |
| 86 | Shitcoin #85 |
$788,256,052 | $13.14 | $308,861,459 | 60,000,000 POO | -4.92% |
| 87 | Shitcoin #86 |
$775,646,383 | $3.05 | $46,623,774 | 253,974,608 POO | -2.85% |
| 88 | Shitcoin #87 |
$765,717,536 | $0.053136 | $11,746,069 | 14,410,396,810 POO | -6.12% |
| 89 | Shitcoin #88 |
$760,094,810 | $0.880317 | $133,444,831 | 863,432,987 POO | -7.12% |
| 90 | Shitcoin #89 |
$730,085,099 | $0.863772 | $21,145,101 | 845,229,357 POO | -3.66% |
| 91 | Shitcoin #90 |
$724,016,221 | $0.015061 | $28,893,695 | 48,072,112,992 POO | -2.75% |
| 92 | Shitcoin #91 |
$719,298,834 | $8.98 | $17,982,631 | 80,118,638 POO | -3.96% |
| 93 | Shitcoin #92 |
$718,273,626 | $11.66 | $15,426,219 | 61,613,604 POO | -5.25% |
| 94 | Shitcoin #93 |
$718,034,909 | $0.998039 | $292,738 | 719,446,095 POO | -1.39% |
| 95 | Shitcoin #94 |
$700,797,543 | $3.83 | $363,625 | 182,903,727 POO | -3.26% |
| 96 | Shitcoin #95 |
$686,292,965 | $4.89 | $90,407,537 | 140,245,398 POO | -9.08% |
| 97 | Shitcoin #96 |
$670,626,905 | $0.994821 | $37,825,447 | 674,118,004 POO | -0.21% |
| 98 | Shitcoin #97 |
$660,275,884 | $2.69 | $1,354,516 | 245,729,966 POO | 10.16% |
| 99 | Shitcoin #98 |
$660,243,210 | $1.04 | $62,712,802 | 634,458,571 POO | -5.12% |
| 100 | Shitcoin #99 |
$650,556,525 | $0.650557 | $1,391,966 | 1,000,000,000 POO | -6.00% |
