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  3. /Shitcoin
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cryptocurrency

Shitcoin

A derogatory term for cryptocurrencies with no utility, purpose, or future.

Definition

A derogatory term for cryptocurrencies with no utility, purpose, or future. Bitcoin maximalists call everything except BTC a shitcoin. More generally, it refers to obvious scams, pump-and-dumps, and worthless tokens.

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Related Terms

Altcoin

Any cryptocurrency that isn't Bitcoin.

Meme Coin

A cryptocurrency created as a joke or based on internet memes.

Address Poisoning

A scam where attackers send tiny transactions from addresses that look similar to ones you've interacted with, hoping you'll accidentally copy the wrong address from your transaction history.

AI x Crypto

The intersection of artificial intelligence and blockchain technology.

Airdrop

A marketing strategy where crypto projects distribute free tokens to wallet addresses.

Airdrop Farming

Strategically using protocols before they launch a token to qualify for free airdrops.

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