What is the difference between shitcoins and memecoins?

[magnus2022]

Memecoin is the same thing with shitcoins. The only difference is that shitcoin is a derogatory language used to define coins with no fundamental values. Memecoins simply a word that's a bit friendly and mostly used by cryptocurrency enthusiasts. Memecoins and shitcoins are used interchangeably.
What you think?

 

[Kross]

Memecoin is the same thing with shitcoins. The only difference is that shitcoin is a derogatory language used to define coins with no fundamental values. Memecoins simply a word that's a bit friendly and mostly used by cryptocurrency enthusiasts. Memecoins and shitcoins are used interchangeably.
What you think?

Shit coins are not the same thing with meme coins. Meme coins are created out of social media hype. It is based on social media engagement from a huge community. Look at it very well. Meme coins pop up from social media trends. Shit coins on the other hand doesn't have an origin that can be traced. They always are manipulated by deceptive pumps in price to draw users in. Shit coin developers always more often than not run away with the funds of the users.

 

[uptrendfinancialsignal]

Wait, seriously, people still mix these two things? Memecoins at least have community hype sometimes like Dogecoin did. Shitcoins appear today and vanish tomorrow. New traders often jump into anything trending on Twitter without checking the fundamentals. Blindly buying anrandom coins can be a painful lesson.

 

[Maya]

Meme coins are fun token, success of doge coin led to proliferation of meme coins. Some people labeled meme coin as shit coin because they do not have utility.

 

[Nomad]

Meme coins usually center around internet culture, the word shit coin are used for the tokens that have no value purpose or innovation. When a meme coin is launched they also do not have any value. They are similar, only thing that separates is meme coin gain community trust.

 

[Kennysplash]

There was a time when shot coins were popular, but it was not for long. Those have no use value whatsoever, totally useless. Memecoins are still a better option to them cause they do make returns for the investors.