Best Shitcoins to Buy in 2024 – The Latest Shitcoin Projects

Shitcoins have one purpose: Returns. Our guide lists the best shitcoins that you should currently buy and provides an overview of their price developments. Which shitcoin has real potential?

11 Best Shitcoins 2024 – Top List

Below you will find a brief overview of the best shitcoins in 2024. These coins are characterized by their enormous potential:

• Sponge V2: Enter the high-stakes crypto world with the Sponge Token V2. For investors looking for high-yield investment opportunities, this shitcoin offers a strategic option.
• Chimpzee: A shitcoin with utility as $CHMPZ is the combination of Invest-2-Earn, Shop-2-Earn, and Play-2-Earn; There is also a great focus on sustainability and the environment.
• eTukTuk: A green shitcoin that proves its versatility and therefore has big plans; Various rewards are available to supporters, including a whitelist option for pre-sales.
• Pikamoon: Game Nerds are betting on this shitcoin that is still in presale; Play-2-Earn Coin, which enables its players to earn tokens; a large community that raised more than $3 million in presale.
• DeeLance: A shitcoin with utility that offers freelancers a portal to get in touch with service providers; a cost-sensitive project that is still in pre-sales, making it possible to get started cheaply.
• Thug Life: Meme coin with a gangster look that wants to be a real shitcoin and at the same time appeals to the community of crypto enthusiasts and attracts airdrops from DEX listings.
• Ethereum: In the orbit of shitcoin or no shitcoin, Ethereum is definitely the project with the most future; positive price development over the last few months and significantly more energy efficiency thanks to the new blockchain principle.
• Tamadoge: Play-2-Earn shitcoin with cute pets that you can pit against each other to earn $TAMA Coins; the exciting size of the community
• Solana: public blockchain project with large Shitcoin support; Coin works through Proof of Stake and Proof of History; basically similar in structure to Ethereum.
• Dogecoin: The shitcoin par excellence for a while, made some Dogecoin millionaires possible through dramatic price increases; through Elon Musk’s tweets volatile price that has now calmed down.
• Shiba Inu: Successor project to $DOGE, which also incorporated the dog theme as a meme coin; growing community, generally Web3 open principle.

Buy Sponge V2 Presale

The Best Shitcoins With Potential – Complete Analysis

In the world of cryptocurrencies, people are constantly looking for hidden gems. Which cryptocurrency to buy – preferably the one that is going through the roof? And that’s where Shitcoins always come into play. This analysis provides a comprehensive overview of promising investment opportunities when looking for shitcoins with potential.

The analysis is dedicated to the pre-sale details when it comes to coin launches. We explain the available purchase methods, the underlying blockchain technology, hard cap limits, and minimum and maximum investment options.

By examining these key factors, investors can gain valuable insight into cryptocurrencies with a future that can offer significant returns and exciting opportunities in the ever-evolving crypto market.

1. Sponge V2

Sponge Token V2 stands out as a fascinating alternative in the often opaque world of shitcoins. Any smart investor looking for a high-risk but potentially profitable shitcoin is currently eyeing a Sponge V2 purchase. This cryptocurrency is currently being called the next top shitcoin due to its unique properties and high level of speculation.

The special features of Sponge V2:

• Unique Betting System: Innovative method of increasing value compared to Sponge V1.
• High level of speculation: Unusual features & high level of speculation.
• Big plans: Integrations of games & listings on various exchanges.

In contrast to many AI coins with small market capitalization, Sponge V2 is characterized by its innovative betting system, which offers an additional opportunity for value increases compared to Sponge V1.

The German market is showing an interest in cryptocurrencies that goes beyond mere speculation. Therefore, this approach seems sensible as it offers a comparatively safe alternative in an otherwise high-risk environment.

Despite its classification as a shitcoin, the Sponge Token V2 follows a robust path that includes integrations with games and extensions to exchanges. Sponge V2 opens up the opportunity for German investors to experience the excitement of speculative investing with a touch of strategic stability as they boldly venture into the high-risk but potentially rewarding world of shitcoins. The Sponge V2 forecasts are also promising.

Buy $SPONGEV2

2. Chimpzee

Unlike other shitcoins, Chimpzee offers real benefits and contributes to the environment. $CHMPZ, the native token, can be used in Chimpzee’s NFT Marketplace ecosystem, online store, and play-to-earn environment.

The special features of Chimpzee:

• Real benefit & environmental contribution: NFT marketplace, online shop, and play-to-earn environment
• Passive income: By purchasing & using NFT passes, with an annual return of up to 20%.
• Play-to-Earn: Prospect of free tokens & premium prizes while NFT avatars protect the environment.

The token allows users to earn passive income by purchasing and using NFT passes. Chimpzee uses AI technology to scan your images so that the NFT replicates your face. The NFTs can be staked to earn an annual return of up to 20%.

In the play-to-earn, your NFT avatars are used to ward off other forest poachers and protect the environment. By playing P2E with zero tolerance, you can earn free $CHMPZ tokens and premium prizes.

$CHMPZ Project History

You can purchase goods and equipment through the Chimpzee online shop. You will be rewarded with $CHMPZ tokens for purchasing items from the shop. Chimpzee also donates a portion of proceeds to charities it works with.

Users can also trade and earn passive income through the NFT Trade-to-Earn Marketplace. Chimpzee will set up a pool and allocate a portion of the trading fees earned as passive income. Anyone who owns an NFT Pass can earn a higher share of the pool.

The current price of $0.00067 will increase by 175% to $0.00185 per token by the broker listing.

Chimpzee has already raised around $650,000 since launching presales – read the Chimpzee whitepaper and join the Telegram channel to stay up to date on this project.

3. eTukTuk

eTukTuk (TUK) is building a global network of electric vehicles and owned electric vehicle charging stations to reduce air pollution and enable TukTuk drivers to use sustainable transport.

The special features of eTukTuk:

• Shitcoin with a mission: electric vehicle charging stations should reduce air pollution.
• Environmental protection: promoting zero-emission vehicles in developing countries and using sustainable means of transport.
• Diverse use cases: Within the platform, including staking rewards and inflation rewards.

Currently, over 270 million TukTuks run on internal combustion engines, resulting in higher air pollution than cars. For this reason and because of rising energy costs, internal combustion engines will probably soon become obsolete.

As TukTuk drivers from developing countries struggle for their daily income, eTukTuk will help promote the adoption of zero-emission vehicles (ZEVs). For this purpose, electric vehicle supply facilities (EVSE) and charging stations are being set up in the cities and suburbs of developing countries.

$TUK Project History

To set up these stations, eTukTuk will rely on local manufacturers and support. The stations will be set up in different areas. eTukTuk will deploy partners in the areas to help with operations and installation.

Once the charging stations are ready, TukTuk drivers can charge their e-vehicles and pay with e-vehicles. Costs are expected to drop by 75% as the cryptocurrency has low fees since it is based on the Cardano blockchain.

A portion of the revenue generated is shared with the area partners. Members can also help maintain the charging stations by staking coins. In return, they earn an APY (Annual Percentage Yield) as the number of transactions and revenue increase.

Compared to other shitcoins, $TUK offers various use cases within the platform. By betting on $TUK, eTukTuk also offers inflationary rewards from a staking pool. $TUK has a total supply of 2 billion, of which 19.5% is reserved for staking rewards. 12.5% ​​will be released for the upcoming token presale.

Whitelist spots for the $TUK presale are now open – to learn more about this cryptocurrency, find the whitepaper here.

4. Pikamoon

Pikamoon is a new blockchain-based platform with play-to-earn functionality. The game, inspired by Pokemon, FIFA, and Fortnite, could be a huge hit in P2E circles.

Launched in April 2023, the project has already raised more than $3.5 million, and its native token, $PIKA, is now in its final stages and on the verge of selling out. So far there is still a chance to invest in cheap cryptocurrency early.

The special features of Pikamoon:

• Play-to-Earn Feature: Blockchain-based platform, play-to-earn inspired by Pokemon, FIFA & Fortnite.
• Successful financing: More than $3.5 million has already been raised, and $PIKA is about to sell out.
• Enormous growth potential: Token supply is limited to 50 billion, price increase is expected.

Pikamoon opens the door to the Pikaverse, where you can complete missions and battle enemies to earn additional tokens.

Its huge growth potential makes Pikamoon one of the best shitcoins to invest in. The project has a limited token supply of 50 billion, which may drive up its price over time. Additionally, the platform will derive its liquidity from 65% of the tokens issued on the marketplace, ensuring the stability of the pool.

$PIKA Project History

Pikamoon is not only a good investment but also fun. It is essentially an exploration game that takes place in the fictional land of Dreva. According to the whitepaper, holders of the platform’s token, $PIKA, will receive access to a free NFT that serves as a game character that players can use to explore the Pikaverse and participate in battles.

By reaching milestones in the game and battling other players, holders can earn additional tokens. They can then use these to upgrade their NFTs on the marketplace, exchange them for other tokens, or sell them to a broker. They can also build their army by capturing other NFTs during a battle in the Pikaverse.

5. DeeLance

DeeLance is another cryptocurrency with high risks, but also high opportunities, as the presale has just begun – but the project is intended to revolutionize the world of freelancers.

The protocol will make the hiring process safer and more efficient for both freelancers and recruiters, as well as eliminate the need for intermediaries.

The special features of DeeLance:

• Innovative: Secure & efficient collaboration between freelancers and recruiters, without intermediaries.
• Fast & affordable payments: DLANCE enables fast, fee-free & secure transactions.
• Metaversum: For networking, collaborating, and promoting services.

Based on a feedback system visible to all, recruiters can directly find high-quality candidates while freelancers can avoid bad actors. DeeLance also promises cheaper fees and rates than leading Web2 competitors. This new cryptocurrency has therefore integrated a social aspect into the project.

Payments are made using DLANCE Tokens, ensuring they are almost instantaneous and incur no exchange fees or other fees, while being held in secure escrow accounts. This guarantees that freelancers are paid promptly for their work once it is completed according to the agreed specifications.

On top of that, completed works are converted into NFTs and stored on the blockchain to eliminate possible copyright infringement or payment fraud.

$DLANCE Project History

DeeLance is building a metaverse where users can connect and collaborate, advertise their services on billboards, or even buy virtual properties and build office spaces for meetings.

The DLANCE crypto ICO has just started and is still in the first phase, where tokens are sold for $0.025 and rise to $0.035 in the final phase. There is no lock-up period for presales purchases and a hard cap of $6.8 million. The doxxed and KYC-verified team has made 30% of the 1 billion supply available for purchase.

Anyone interested in purchasing DeeLance can join the DeeLance Telegram group for more information.

6. Thug Life

The newest meme cryptocurrency is $THUG, the native token of Thug Life. This cryptocurrency relies on a sense of unity while trying to help community members achieve financial gains.

The special features of Thug Life:

• Fun Shitcoin: With humor and a sense of community, $THUG makes crypto trading particularly attractive.
• Marketing focus: 15% of the 4.2 billion tokens are reserved for marketing purposes.
• Attractive presale: 2.94 billion tokens were sold at a discounted price of $0.0007 each.

The platform is about taking life with humor and laughter and recovering from losses in the crypto markets. Whether it’s a scam token that your favorite celebrity pushed or the latest Doge token that crashed in the market, Thug Life has a place for everyone.

While the platform offers no real utility, it aims to build the next big viral coin. Of the 4.2 billion tokens, 15% will be reserved for marketing purposes. This will help Thug Life spread and make $THUG a top trending token.

$THUG Project History

70% of the token supply has been reserved for the presale, at a single price. This unusual decision was made because the owners of the platform wanted to give everyone the opportunity to participate in the presale at a reasonable price.

As part of the presale, 2.94 billion tokens were sold at a price of $0.0007 per token. By the end of the presales, Thug Life wants to secure a hard cap of $2.058 million. After the round closes, Thug Life will prepare to list $THUG on DEXs (Decentralized Crypto Exchanges).

The remaining 15% of the token supply will now be offered as community rewards after the DEX launch. The rewards will consist of giveaways and an airdrop campaign. The trend also influences our thug life forecast until 2025 .

7. Ethereum

Ethereum is the second most important cryptocurrency in this space and has been at this position for years.

It is one of the oldest and most reliable digital currencies and ecosystems that has brought a lot of innovation to the space, with Ethereum securing its place as the leading blockchain for decentralized app (dApp) creators and developers.

The special features of Ethereum: 

• Established: Ethereum is considered a reliable cryptocurrency with many innovations and a strong dApp ecosystem.
• Forward-looking: The majority of new cryptos are being developed based on Ethereum’s ERC-20 standard.
• Positive forecasts: Experts speculate about future development as a possible top coin.

Many new projects, some of which are listed here, are being developed using Ethereum’s blockchain smart contract platform, a pioneer in this field. Most coins and tokens, including the majority of all new cryptocurrencies with the highest winning potential, are produced using Ethereum’s ERC-20 compatibility standard.

$ETH Outlook

Since its launch, more than 280,000 ERC-20 tokens have been produced, with Ethereum offering excellent transaction speed, efficiency and scalability.

Similar to Bitcoin, Ethereum’s price fluctuates widely, and its ups and downs are fairly closely linked to Bitcoin’s – although some claim that Ethereum will eventually overtake BTC and become the top cryptocurrency coin. This is also why there are always new integrations, including in Ethereum casinos .

The price has fluctuated between $1,000 and $2,000 over the past few months, and given the recent significant jumps, it is clear that it will remain a profitable asset. However, you should do your own analysis, just as you would with any other investment.

8. Tamadoge

Tamadoge is a leading meme coin project that launched in September 2022. It stands out from the crowd of meme coins by offering unmatched utility through its play-to-earn ecosystem and NFT collection.

The special features of Tamadoge: 

• Web3-Gaming: Popular meme coin project with a play-to-earn ecosystem and NFTs.
• Successful presale: $19 million in just 8 weeks, up nearly 2,000%.
• Limited supply: Only 2 billion as well as a deflationary mechanism through a 5% token burn.

In the main Tamadoge game, players raise their pets, purchase food and treats from the Pet Store, and then compete with them against others to climb the daily, weekly, and monthly leaderboards and win prizes and rewards.

$TAMA Project History

The project recently launched its five Tamadoge arcade games, where players can already win rewards in a selection of retro platformers. In addition to the main game, an augmented reality app is also scheduled to be released later in 2023.

Tamadoge enjoyed one of the best presales of 2022, being one of the most talked about cryptocurrencies on Reddit, raising $19 million in just eight weeks before surging nearly 2,000% to an all-time high of $0.194.

TAMA’s price has since declined in the broader crypto market, but it remains a high-yield token, especially with its incremental and future utility.

Unlike other meme projects, TAMA has a limited supply of just 2 billion – Dogecoin, for comparison, has 130 billion and counting – and is also deflationary, with a 5% burn on tokens used for pet store transactions.

9. Solana

Solana is a layer-one blockchain developed by Solana Labs and launched in 2020. The blockchain uses a proof-of-stake consensus mechanism and is theoretically capable of up to 65,000 TPS.

The special features of Solana:

• High scalability: Layer-one blockchain with proof-of-stake consensus mechanism & proof-of-history.
• Smart Contracts: Smart contract applications at a lower cost than Ethereum.
• SOL Coin: For transactions on the blockchain, including micropayments.

Ethereum uses PoS. However, Solana’s mechanism is different from Ethereum’s as it also includes a novel concept called Proof-of-History. This allows transactions to be timestamped and makes transactions more scalable since validators only calculate a portion of transactions.

$SOL Project Purpose

The main purpose of Solana is to run smart contract applications. Thanks to its scalability, this can be done at a lower cost than Ethereum.

Users typically trade NFTs and interact with DeFi apps on Solana, but the Solana Foundation also aims to integrate stock trading onto the blockchain.

The SOL Coin powers Solana’s blockchain and is used to pay gas fees. It is used by validators to secure the network. As with Ethereum, Solana validators who behave maliciously may have their stake cut.

10. Dogecoin

One of the first shitcoins in the cryptocurrency space, Dogecoin was launched in 2013 and has since become one of the best shitcoins you can buy today. And the $DOGE forecast until 2030 is still good. Dogecoin’s creators named the cryptocurrency after the popular “Doge” meme that was circulating at the time.

The special features of Dogecoin:

• High awareness & popularity: Thanks to prominent personalities like Elon Musk.
• Profit potential: In the past, Dogecoin’s value has increased enormously (by more than 16,000%).
• High liquidity: Dogecoin is one of the most frequently traded cryptocurrencies.

To the surprise of creators and the public, the Dogecoin token, DOGE, became one of the largest cryptocurrencies in the world. While the token showed little growth in its first few years, DOGE’s price skyrocketed in 2021.

The Shitcoin has some parallels to Elon Musk’s views. In fact, Elon Musk’s cryptic tweet about Dogecoin has caused the cryptocurrency to rise in value, even amid a major downturn in the crypto market.

$DOGE Project History

DOGE rose from $0.0045 in January 2021 to an all-time high (ATH) of $0.73 in May of the same year. This represents a staggering price jump of 16,122%. The token also became very popular on social media after Tesla CEO Elon Musk expressed his support for this project in a tweet.

However, Dogecoin has proven to be a volatile cryptocurrency that requires trading. Due to the lack of use cases this shitcoin offers, it has lost value over the years.

The price of this shitcoin has fallen by almost 60% in 2022. Currently, Dogecoin’s price is $0.073 per token, 90% below its ATH. However, DOGE is still the 9th largest digital asset with a market cap of over $10 billion.

11. Shiba Inu

After the success of the popular meme coin DOGE, many dog ​​coins began circulating in the market. While most tokens failed to attract much attention, Shiba Inu has become one of the biggest shitcoins in the cryptocurrency space.

The special features of Shiba Inu:

• Growth potential:  Price increases in the past, strong fan base & constant further developments.
• More than just a meme coin: Token can be used for Shibaverse and play-to-earn games like Oshiverse.
• Community Support: Shitcoin is hyped on Reddit & Twitter by an active community with millions of followers.

Launched in 2020, the Shiba Inu was dubbed the “Dogecoin Killer” by its creators. In fact, SHIB, the native token, overtook Dogecoin’s market cap in October 2021. SHIB is the 15th largest cryptocurrency with a market cap of over $5 billion.

$SHIB Project History

The platform has also developed use cases for its ERC-20 token. In 2022, Shiba Inu announced the Shibaverse, which will act as the cryptocurrency’s own metaverse. Another project Shiba Inu has announced is the Oshiverse, a play-to-earn video game currently in development.

Shiba Inu entered 2021 after skyrocketing 111,399,000% to reach an all-time high of $0.000086 in October 2021. Currently, the price of this shitcoin is 90% below its ATH and trading at just $0.000008 per token.

However, Shiba Inu has built a strong social media following, with more than 3.6 million Twitter followers and nearly 500k people using the SHIBArmy subreddit.

What is a Shitcoin?

Shitcoins generally refer to cryptocurrency projects that are not known for offering high utility and use cases. They are essentially the alternative to sustainable cryptocurrencies like Ecoterra. Similar to meme tokens, Shitcoins are popular cryptocurrencies that have experienced explosive growth for a variety of reasons.

For example, shitcoins like Dogecoin and Shiba Inu are two of the largest “dog coins” on the market. These tokens experienced stunning growth in 2021 when the cryptocurrency space was very bullish.

With projects like Shiba Inu, the creators never intended for this cryptocurrency to have any real purpose. But after the token became one of the largest cryptocurrencies, creators have started incorporating some use cases.

Other projects, such as B. Floki Inu are experiencing growth due to their online popularity. Since the token itself is named after Elon Musk’s dog, it often spikes after Musk tweets about his pet.

A token can be considered a shitcoin if it was created solely for the purpose of making money through an initial coin offering (ICO) and has no meaning beyond what is described in its white paper. Shitcoins are often created primarily to enrich those behind the project rather than provide a meaningful service.

The term is also used to denote undervalued initiatives or those with a low market capitalization of less than $1 billion. Most shitcoins derive their value from their mere existence, celebrity endorsement, or endorsement from a reputable company.

However, many crypto investors continue to see the value, utility, and real value in these coins. They have a strong interest in these digital assets. Finally, many Shitcoin prices rise because they have a large following on social media: Dogecoin, for example, is one of the most followed cryptocurrencies and has a Twitter following of more than 3.6 million.

Should you Invest in Shitcoins?

There is no denying that even the best shitcoins are highly risky. But despite the risks, they are attracting many investors looking for the next potential breakthrough in the crypto world.

To help you decide whether this category of cryptocurrencies is a good addition to your portfolio, below is a comprehensive analysis of the rewards and risks of purchasing Shitcoins.

Opportunities when buying Shitcoins

Investments in shitcoins obviously involve risks, but also opportunities – and these attract many investors. The crypto industry is known for its rapid development and the opportunity to make remarkable profits. Below we highlight some of the potential opportunities that buying Shitcoins can offer.

• High return potential: One of the main reasons investors invest in shitcoins is the potentially high returns. Some shitcoins have seen huge increases in value in a short period of time, resulting in significant profits for investors. The volatility of these coins allows traders to benefit from price fluctuations and make quick profits.
• Low barrier to entry: One of the main attractions of Shitcoins is the low barrier to entry. Thanks to their low prices, investors can purchase a significant number of coins with a relatively small investment. This accessibility allows individuals with limited capital to participate in the cryptocurrency market and potentially earn significant returns.
• Growth potential: Shitcoins are considered high-risk investments, but they also have high growth potential. Due to their small market capitalization, even small price increases can lead to significant returns. The volatility of Shitcoins gives traders the opportunity to profit from price fluctuations and short-term market trends. Bitcoin, for example, has overtaken everything that was considered a competitor and is now even accepted as a currency in pure Bitcoin casinos.
• Portfolio diversification: By purchasing Shitcoins, investors can diversify their portfolios and invest in different opportunities and use cases. Wider diversification will help you offset potential losses and reduce overall risk.

Although Shitcoins can offer high returns, it is important to note that they are a volatile and high-risk asset to trade. Shitcoins are called such because they have no value or use. Therefore, they are traded primarily based on their current popularity and brand value.

Risks When Buying Shitcoins

It cannot be ignored that shitcoins are considered highly risky – but not everyone is clear about what exactly the risks actually consist of. To help you decide whether to invest in Shitcoins, we list the biggest risk factors below.

• Market Volatility: The main factor that determines the risk associated with a particular coin is its price fluctuations. Simply put, the more the price jumps and falls, the more volatile it is and the more uncertain it is for an investor. Some investors prefer to put their money into less volatile cryptocurrencies such as stablecoins, where the price is pegged to fiat currency and changes infrequently.
• Development of the coins: The newer the token is, the riskier the investment in it is. Presale coins are the most volatile but have the most upside potential as their prices are currently incredibly low. If the coin proves itself and gains popularity, the price will likely increase by several thousand percent, resulting in early investors benefiting greatly.
• Lack of use: Furthermore, unlike established cryptocurrencies, many shitcoins have no real use cases, so their value depends solely on hype and speculation. This means their value can plummet quickly, causing investors to suffer significant losses. This is why it is important to look for coins with real-world utility and a solid roadmap.
• Crypto Scammers: Unfortunately, crypto scammers are becoming increasingly sophisticated and can rip off billions of dollars through digital pump-and-dump schemes. Individuals can artificially inflate the coin price and then sell their holdings for a profit, leaving unsuspecting investors with worthless tokens. Therefore, buyers need to pay attention to the team behind the project to avoid falling for such coins.

How Many Shitcoins Are There?

The term “shitcoin” is used colloquially to refer to cryptocurrencies that are perceived to be of little value or credibility. With the rapid growth of the cryptocurrency market, there are a significant number of cryptocurrencies that fall into this category. However, it is difficult to give an exact number of how many shitcoins exist.

The cryptocurrency market is very dynamic, as new projects are constantly emerging and existing ones are evolving. Many individuals and organizations have created their own cryptocurrencies, some with legitimate intentions and others with questionable motives. The lack of regulation and the ease with which new digital assets can be created contribute to the proliferation of shitcoins.

Factors such as a project’s fundamentals, team expertise, technological innovation, market demand, and community support are crucial in assessing the legitimacy and potential value of a cryptocurrency.

Shitcoins vs. Altcoins: Which is Better?

Investing in cryptocurrencies requires smart considerations. But which choice is better – shitcoins or altcoins?

Shitcoins are digital assets with limited value that are often subject to price manipulation and usually do not provide any useful functionality. In contrast, altcoins simply include all cryptocurrencies except Bitcoin. They often serve specific purposes and have a higher market value and higher liquidity.

Basically, shitcoins and altcoins are quite similar. The prices of shitcoins – like those of altcoins – can be extremely volatile. Therefore, it is important to keep a close eye on them to identify potential opportunities and risks.

Nonetheless, altcoins offer higher investment potential. Due to their specific use cases and increasing adoption across various industries, they could provide significant long-term value addition. Although altcoins are also volatile, they could pose less risk due to their better technological base and growing support in the crypto community.

While the investment potential of many shitcoins is lower, some undoubtedly offer significant potential. Many of these shitcoins pursue innovative technologies and have specific use cases that can solve real problems in various industries. Some have already reached significant market caps and built a strong community.

FLOKI, for example, is up almost 300% since the beginning of 2023. Similarly, Dogecoin managed to rise by more than 16,000% as it was on the rise in 2021. So diversifying your portfolio and adding a small portion of shitcoins can be a good way to enter the cryptocurrency market.

Let’s take the flagship Dogecoin as an example: If you had decided to purchase DOGE tokens on January 1, 2021, and timed it perfectly by cashing out on May 8, 2021, you would have made a profit of around 14,700%.

However, there were also projects that were worthless just a week after their overhyped launch. This was also the case with some meme coins, and yet some investors decided to buy DogeBonk.

The bottom line is: Before buying shitcoins or altcoins, you should find out about the project, the underlying technology, the team, the partnerships, and the current developments. A comprehensive analysis of fundamentals can help you distinguish promising projects from less serious ones and decide which shitcoins to buy in the future.

Find New Shitcoins – That’s How it Works

Finding the best new shitcoins can be a difficult task due to the large number of low-quality projects in the cryptocurrency market. However, here are some general guidelines to keep in mind:

• Research and due diligence: Thoroughly investigate the project, its team, white paper, roadmap, and community engagement. Look for projects with a clear use case, transparent development, and active community support.
• Market Sentiment and Trends: Keep up to date with the latest market trends, news and discussions. Pay attention to projects that have received attention and positive sentiment in the cryptocurrency community.
• Expert Opinions: Consider reputable sources such as cryptocurrency analysts, influencers, and industry experts who provide insight and analysis on potential shitcoins or blockchain development.
• Risk Management: Diversify your investments and only allocate a small portion of your portfolio to Shitcoins. Be prepared that you may lose your investment completely.
• Avoid scams: Be wary of projects that promise unrealistic returns, lack transparency, or use fraudulent practices. Always check the legitimacy of the project and its team.

Remember that investing in Shitcoins involves significant risks and it is important to exercise caution and make informed decisions based on your risk tolerance and investment goals.

Where do you Buy Shitcoins?

Most of these shitcoins with potential can be found at various brokers today. IG, Binance, and Coinbase are the top 3 in our crypto exchange comparison for buying shitcoins. All of them allow you to purchase meme coins with fiat currency and have quick and easy sign-up processes.

Credit/debit cards, bank transfers, e-wallets such as PayPal and Skrill, and other cryptocurrencies are supported as traditional payment options. However, only a small selection of shitcoins are supported, mainly popular meme coins.

Still, the best place to buy crypto, and especially shitcoins is IG. This platform requires a minimum trade size of $10 and also has several other advantages:

Buy Shitcoins at IG

IG is equally interesting for both beginners and experienced investors. There are over 70 digital currencies listed. Trading is cost-effective as IG charges a simple 1% commission when purchasing cryptocurrencies, so you know where you stand.

If you buy Shitcoins, you can do so on the IG platform in just a few minutes. No private key is required and the SEC regulates the space – so you can trade in a safe environment.

Alternatively, the IG Crypto App Wallet is available for free download and features a variety of industry-standard security measures.

IG also has features to reduce the learning curve, meaning you can trade shitcoins without having to do any research and still end up with a portfolio of assets. One of the most popular aspects of IG is copy trading.

Buy Shitcoins – Instructions

If you are interested in buying Shitcoins or lesser-known cryptocurrencies, there are several platforms that can get you started. These coins often come with higher risks, but also have the potential for significant profits.

By going step by step, you can navigate the cryptocurrency market and explore different platforms to find the shitcoins you want to invest in.

• Step 1: Choose a Crypto Broker
  Do your research and choose a reputable crypto broker that supports a wide range of shitcoins. Some popular options include Binance, Coinbase, Kraken, and Bitfinex. Compare their features, security measures, and supported cryptocurrencies to find the best solution for your needs.
• Step 2: Registration and Verification
  Visit the website of your chosen broker and sign up for a new account. Complete the registration process and follow the verification steps to ensure compliance with regulatory requirements.
• Step 3: Deposit Money
  Once your account is verified, deposit funds into your brokerage account. Most brokers offer different payment methods such as E.g. bank transfers, credit/debit cards, or cryptocurrency deposits. Choose the most convenient option for you and follow the instructions.
• Step 4: Selecting Shitcoins
  Thoroughly research the different shitcoins available at your chosen broker. Consider factors such as project credibility, team, market trends, and potential risks. Look for shitcoins with a strong community, active development, and promising technology.
• Step 5: Set Investment Parameters
  Determine the amount of money you are willing to invest in Shitcoins. Set a budget that aligns with your risk tolerance and investment goals. Consider spreading your investment across different shitcoins to spread your risk.
• Step 6: Placing an Order
  On the brokers’ platform, find the shitcoin you want to buy and navigate to the trading interface. Enter the desired investment amount, review the order details, and place the trade. You can choose between market orders (immediate execution) and limit orders (specifying a desired price).
• Step 7: Monitor Investment
  After purchasing Shitcoins, you should monitor their performance regularly. Use brokers’ portfolio tools, price charts, and news updates to stay informed about market trends. Consider setting price alerts to receive notifications when shitcoins reach a certain price level.
• Step 8: Secure Shitcoins
  Once you have purchased Shitcoins, you should transfer them to a secure wallet. Hardware wallets, such as B. Ledger or Trezor offer increased security because they store your coins offline. Make sure you follow proper wallet security procedures and keep your private keys safe.

Conclusion – Buying Shitcoins can be Worthwhile

We have reviewed a number of the best shitcoins to buy in 2023. While popular cryptocurrencies like Dogecoin (DOGE) and Shiba Inu (SHIB) offer dizzying returns, new projects with small market capacities and presales are some of the top cryptocurrencies to watch out for right now as they offer more room for growth.

Sponge V2 is our top shitcoin to buy now as it is still in the presales stage and has future growth potential.