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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.