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Best New Crypto Shitcoins To Invest is often used to refer to cryptocurrency investments that lack genuine utility or have dubious fundamentals, making them vulnerable to scams and price manipulation. advise individuals interested in the cryptocurrency market to select projects with strong use cases, transparent teams and positive contributions to blockchain space as the focus for investment decisions in cryptocurrency market. When conducting your research be sure to consult financial experts prior to investing in crypto markets – investing involves significant risks so use caution!
What Is Crypto Shitcoins?
“Shitcoin” is an informal term in the cryptocurrency community used to refer to digital assets considered worthless or devoid of utility. Shitcoins, or questionable coins, typically exhibit dubious fundamentals and lack any tangible use cases for which they’d actually provide value – potentially making them vulnerable to pump-and-dump schemes or scams.
Their trading volume tends to be very limited and their risk level high. Investing in such coins can be highly speculative and risky, as their prices fluctuate rapidly and are vulnerable to manipulation. Due to their lack of substance or promise, investors are advised against investing in “shitcoins”, instead emphasizing more established projects in the cryptocurrency space.
Here Is List Of Best New Crypto Shitcoins To Invest
- Wall Street Memes – Wall Street Bets Reddit members could find interest in this meme coin that recently launched on presale and raised over $11 Million so far since launch.
- Evil Pepe Coin – Shitcoin designed for crypto degens who struggle with resisting temptation, with 90% of supply available for presale starting July 18 and full liquidity on DEX by launch date (planned for August 13).
- Chimpzee is a high utility cryptocurrency designed to offer passive income while also enabling its users to contribute towards environmental and animal charities in an effort to preserve our ecosystem and wildlife. Over $875k has already been raised during presale!
- Scorp Token – This multi-use case cryptocurrency powers both casino and sports betting platforms, providing daily passive income, weekly bonuses and gaming credits – with over $500k raised so far through presale sales.
- eTukTuk – is a multi-use green cryptocurrency designed to enable TukTuk drivers to begin using electric vehicles (EVs). Members can stake tokens to earn various rewards; whitelisting applications for presale spots have now opened.
- Thug Life Coin has quickly become one of the hottest trending pairs on DEXTools since launching and has seen a 200% price hike with only $5 Million market cap – promising future growth thanks to their aggressive marketing plan and budget.
- Pikamoon – one of the premier gaming shitcoins currently on offer to investors – is currently in its second presale stage and offers gamers an exciting play-to-earn game experience while earning coins and increasing your investment portfolio. As an impressive presale campaign raised over $3.7 million dollars. It’s now entering its final stage.
- Dogecoin (DOGE) remains the original and largest shitcoin with a market cap exceeding $10 billion, though its price has significantly declined since reaching its 2021 peak.
Best New Crypto Shitcoins To Invest
1. Wall Street Memes
The idea behind purchasing undervalued assets that then exceed expectations was what spurred GameStop and AMC bull runs of 2021; similarly, crypto shitcoins in 2023 have since followed suit.
Wall Street Memes (WSM) is an exciting new meme coin presale designed to take advantage of this community, already drawing in over 1 Million supporters through their Ethereum NFT collection ‘Wall St Bulls on OpenSea’.
Half of this two billion supply is currently on presale and 100% can eventually be traded by Wall Street Memes community members or earned as rewards, helping avoid issues associated with large quantities of team tokens being dumped onto the market – something which has plagued other shitcoins in the past.
As soon as news of the $WSM token presale went live, more than $300,000 was raised in its initial 24 hours, drawing attention from prominent crypto influencers and journalists alike.
2. Evil Pepe Coin (Best New Crypto Shitcoins To Invest)
Degens will not want to miss Evil Pepe Coin ($EVILPEPE), an innovative new cryptocurrency designed specifically for vulnerable retail investors.
This project, which launched its presale on July 18, looks poised to follow in the footsteps of Pepe and Pepe2.0 as an industry trendsetting shitcoin.
The project, built on Ethereum, will be entirely community driven with 90% (5.94 billion) of its 6.66 billion supply made available during a presale event.
As was seen with Thug Life’s recent success, Evil Pepe Coin will feature a limited hard cap of just $2 million with one presale round priced at $0.000333 per unit.
Not only will this create FOMO and generate quickly-accumulating hype as investors rush to secure tokens, but it will also guarantee a fair launch with inclusive participation for all.
Fixed prices also help ensure early adopters won’t take advantage of latecomers with unjustified price drops, incentivizing holdout as all buyers want the price to rise again.
3. Chimpzee
Chimpzee stands apart from other cryptocoins by providing real utility and contributing positively to the environment. $CHMPZ, its native token, can be leveraged within its ecosystem of NFT marketplace, online store, and play-to-earn environment.
Users of Chimpzee token can earn passive income through purchasing and staking NFT passports. Chimpzee uses AI technology to scan your face into replica NFT passports that can then be staked to generate up to 20% annual returns.
Your NFT avatars can help defend the environment against forest poachers in this zero-tolerance P2E environment and earn free CHMPZ tokens and premium prizes through this P2E game!
Chimpzee offers an online store where users can purchase merchandise and gear. Purchasers of items will receive $CHMPZ tokens as rewards. Furthermore, Chimpzee will donate a portion of its revenue collected to charitable causes it works with.
Users of the NFT trade-to-earn marketplace can also trade and generate passive income through Chimpzee’s trade fee pool; those holding NFT passports will have an increased opportunity to receive their share.
4. Scorp Token (Best New Crypto Shitcoins To Invest)
The Scorp Token (SCORP) is an integral component of Scorpion Casino platform, as it can be used to generate passive income, access crypto casino games and participate in affiliate rewards programs.
Built on the Binance Smart Chain, $SCORP boasts a total supply of 1 billion tokens. 400 million have been allocated for sale during its ongoing presale and another 80 million will be given out as rewards to investors during this phase of sale. By purchasing $SCORP during presale, investors may also enter a $250K giveaway!
$SCORP token holders will enjoy exclusive benefits on the casino and sports betting platform, such as weekly bonuses and free games, plus 40% in free credits across various casino games.
Scorp Token can be staked on an ecosystem to generate daily staking rewards. Every time someone sells Scorp Token, Scorp charges 10% tax; of which 2% goes directly into a staking pool that distributes passive income streams.
On top of that, another 5% of tax collected from gamblers will be allocated for marketing, 1% will be burnt as waste and the remaining 2% used for liquidity purposes. Furthermore, spending over $1,000 at the casino unlocks access to the Elite Scorpion Members Club; depending on how much is invested herein this club provides additional staking rewards, VIP support, cashback offers and cashback as rewards for membership.
5. eTukTuk
eTukTuk (TUK) is developing an international network of electric vehicle charging stations and sustainable TukTuk vehicles, to reduce pollution while supporting sustainable transportation options for drivers of its proprietary TukTuks.
At present, over 270 million TukTuks use Internal Combustion Engines (ICEs), creating more air pollution than cars and contributing significantly to rising energy costs. Due to these issues and rising costs associated with operating an ICE engine vehicle, its use may soon become obsolete.
TukTuk drivers in developing nations struggle to make ends meet on a daily basis, and eTukTuk wants to encourage the adoption of zero emission vehicles (ZEVs). We will achieve this by installing Electric Vehicle Supply Equipment (EVSE) and charging stations throughout urban and suburban areas of these developing nations.
To establish these stations, eTukTuk will rely on local manufacturing and support, setting them up across different territories with assistance from territory partners in terms of operations and installations.
TukTuk drivers will soon have access to charging stations which enable them to recharge their electric vehicles and make payments using cryptocurrency based on Binance Smart Chain, with costs expected to decrease by 75%.
A portion of the revenue generated will be shared among territorial partners. Members can help maintain charging stations by placing coins into them – they’ll even earn an APY (Annual Percentage Yield) when transactions and revenue increase!
6. Thug Life Coin (Best New Crypto Shitcoins To Invest)
$THUG, the native token of Thug Life, has become the latest meme cryptocurrency trending today. This cryptocurrency promotes community unity while providing financial gains for community members.
Thug Life is all about living life with humor and laughter while recovering from crypto market losses. No matter if it be from scam tokens promoted by celebrities or just plain crash tokens – Thug Life offers something for everyone.
Thug Life quickly rose to become one of the hottest trending shitcoins since making its way onto DEXs earlier this week.
On leading data aggregator DEXTools, this pair was highlighted as one of the hottest trading pairs and saw its price grow over 200% following its debut.
Project has set aside 15% of its 4.20 billion token supply for marketing costs – this should see price and interest in the project grow over time.
At its launch, 70% of token supply was sold during the presale at fixed price, leaving investors confident about its fairness.
7. Pikamoon
Pikamoon is an innovative new blockchain-based platform with play-to-earn functionality, drawing inspiration from Pokemon, FIFA and Fortnite – three staples in play-to-earn circles. The game could become hugely popular within this niche of P2E circles.
Launched in April 2023, this project has raised over $3.7 million since launching and its native token, $PIKA, has almost reached completion and sold-out status.
Pikamoon stands out among cryptocurrency investments due to its immense growth potential. With only 50 billion tokens being issued at launch, its price can grow rapidly over time. Furthermore, liquidity for trading will come from 65% of tokens spent within its marketplace, providing further security of investment pool.
Pikamoon is not only an investment but also fun! As a form of exploration game set in Dreva, its users receive free NFT tokens they can use to explore and engage in battles across its Pikaverse universe. According to its whitepaper, holders of $PIKA tokens gain access to this NFT character that allows for exploring.
By reaching milestones and engaging other players, holders can collect additional tokens. Once acquired, these can be used to increase NFT sales on the marketplace, trade for other tokens, or sell on an exchange. Furthermore, holders can build up an army by imprisoning other NFTs during battle in the Pikaverse.
8. Dogecoin (Best New Crypto Shitcoins To Invest)
Dogecoin was launched as one of the first cryptocurrency altcoins back in 2013 and quickly rose to become one of the best sellers today. The creators named it after an internet meme known as ‘Doge’ at that time, and its success since has only continued.
Dogecoin’s native token, DOGE, took many by surprise when it suddenly rose to become one of the leading cryptocurrencies worldwide. Although initial growth was modest in 2021 and 2022 respectively, its price surged quickly thereafter.
Dogecoin shares much in common with Elon Musks views and has seen an upswing since Elon tweeted about Dogecoin despite its falling value in general.
DOGE witnessed an astounding price growth of 16,122% from January 2021 until its all-time high (ATH) of $0.73 reached May of that year – this represents an astounding price jump. Additionally, Elon Musk tweeted his support of this project which significantly helped spread awareness.
Dogecoin has proven itself as a volatile cryptocurrency to trade. Due to a lack of use cases for this shitcoin, its value has steadily diminished over the years.
Dogecoin saw its price plunge nearly 60% during 2022. Now priced at $0.073 per token – 90% below its all-time high price (ATH), DOGE remains the ninth largest digital asset with an approximate market cap of over $10 billion.
Are Shitcoins Safe?
Cryptocoins can be considered high-risk investments. Unfortunately, crypto scammers are becoming increasingly sophisticated and can exploit digital pump-and-dump schemes to fraudulently siphon billions off through fraudulent pump-and-dump schemes.
Individuals can artificially inflate the price of coins before selling their holdings off at a profit, leaving unsuspecting investors holding worthless tokens. Therefore, buyers should investigate who is behind a project to avoid falling for such scams.
Unrelated to their potential security breaches and hacking attacks, another risk associated with shitcoins is their vulnerability to hacking attacks and vulnerabilities in their code – both potential targets for attackers. Since many shitcoins are created and sold through unregulated exchanges by unknown developers, hackers may easily gain entry.
Conclusion
The comprehensive reviews include where and how to buy shitcoins as well as pricing information for specific assets. After reviewing each asset in depth, we discovered Wall Street Memes as being one of the more sought-after shitcoins.
$WSM stands out as an anomalous combination of meme coins and non-financial tokens (NFTs), with an accomplished team and community which already numbers over one million followers on social media.
Wall Street Memes could provide significant returns in the near future and has already raised over $15.5 million from pre-sales in just seven weeks!
FAQ
What are “shitcoins” in the context of cryptocurrencies?
“Shitcoins” is a term used in the cryptocurrency community to describe cryptocurrencies that are considered to have little to no value or utility. These coins often lack genuine use cases, transparent teams, and sound fundamentals, making them highly speculative and risky investments.
Why should I be cautious about investing in “shitcoins”?
Investing in “shitcoins” can be extremely risky due to their susceptibility to scams, pump-and-dump schemes, and price manipulation. These projects may lack real-world applications and have no long-term viability, potentially leading to significant losses for investors.
Are all new cryptocurrencies considered “shitcoins”?
Not necessarily. While some new cryptocurrencies may be promising, it’s essential to approach them with caution and conduct thorough research. Focus on projects with clear use cases, transparent development teams, and positive contributions to the blockchain space.
How can I identify legitimate investment opportunities?
Legitimate investment opportunities can be identified through diligent research. Look for projects with whitepapers outlining their goals and technology, active development teams, real-world partnerships, and community engagement. Seek advice from financial experts and experienced investors if possible.
What should I consider before investing in any cryptocurrency?
Consider your risk tolerance, investment goals, and financial situation. Never invest more than you can afford to lose. Avoid making impulsive decisions based on hype or FOMO (Fear of Missing Out) and always verify information from multiple credible sources.
