Shitcoins are the most affected during bear market

[elbans89]

Tokens with higher capitalization can bear the heavy burden during bear market where investors are also in decision to select only the potential and top coins.

Shitcoins are the most affected during bear epidemic because buyers are concentrating to buy the top ranking tokens that in drastic decline.

What do you think?

I agree during the dumped, I see many investors more focus to buy top coins.
They leaved shitcoin.
But I believe when the market is free again, shitcoins will be back.
I have several shitcoisn and still hold it.
Current market starting to grow and I believe we will see the bullish again at this month. Be patient.

[shadowdio]

Yes of course shit coins will be affected in the bear market and some of them will die, zero volume.. I guess the reason why the shit coin will die in the bear market because the devs will dumping all tokens and will exit. Shit coins will not survive for long.

[Abubakar56]

I really believe in your write up during a bear market must investors really believe in top potential coins and leave shit coins. Shit coins dump heavily during bear market because must investors sell it that's why some shit coins do die during a bear market.

[gotbounty]

I guess the reason why the shit coin will die in the bear market because the devs will dumping all tokens and will exit

In the bearish season, people will focus on preparing their long-term plan, so they prefer to buy top altcoins. Most people buy shit coins for the short term, it doesn't happen again in the bearish season. In this situation, the volume of transactions on shit coins is too low, then finally it can be delisted on the exchanges. There are many shit coins to be dead in the same scheme like this.

[Mbah Jenggot]

I guess the reason why the shit coin will die in the bear market because the devs will dumping all tokens and will exit

In the bearish season, people will focus on preparing their long-term plan, so they prefer to buy top altcoins. Most people buy shit coins for the short term, it doesn't happen again in the bearish season. In this situation, the volume of transactions on shit coins is too low, then finally it can be delisted on the exchanges. There are many shit coins to be dead in the same scheme like this.

Absolutely yes, Investors will think about long term during bearish.
Shitcoin will have high demand again while bullish.
I think we should to choose  good project and good team, because several shitcoins to be dead.
Not only shitcoins, during bearish really difficult to get profit in trading.

[Jaguar]

Because they do not have any fundamentals, there is no reason to invest in them at the bear market, and %99 of memecoins-shitcoins will be abandoned by their teams. I think only Doge Coin has a future and can see the next bull market. Even Shiba or safemoon will disappear soon.

Dogecoin, shiba, and safemoon seems has fundamentals on their own platform as the meme coin head of this generation. I'm surprised about Doge recent performance to the moon. Even shiba and safemoon did crazy moved. Maybe these 3 meme coin will stay even the market is bearish because of whales behind the scenes.

[Evgenklm]

I agree with the author, this is exactly what happens, large investors during a bear market always pour their assets into the top 10 CMC and shitcoins greatly sink in price and perhaps some will never return to their ATH at all.

[Crypto_lover]

I agree with you.Because Shitcoins are now the most affected during bear market.Because invertors are converting their funds by selling shitcoins and trying to hold USDT.But some good potential coins aren't much affected because they have strong fundamental.We should know what are the shitcoins and what are the Good cryptocurrencies.We can visit this article to know the full details about shitcoins and Good Coins Article

[Halkpro]

I think so too. Because everyone just buys more of the top coins for some reason. For example, if you buy a coin, it can go up later if it goes down. But when the shit token is depleted, it takes a long time to get up and many tokens run out. So instead of buying shit tokens, everyone buys top coins.

[Debasco]

You are very correct, because during  the bear everyone want to get safe, this makes them to sell their coin to stable or promising  coin, to be on a safer stand and a good position.

[Ozark]

Well, what is shitcoin (or shitcoins) anyway?

According to Investopedia, "The term shitcoin refers to a cryptocurrency with little to no value or a digital currency that has no immediate, discernible purpose. The word is a pejorative term often used to describe altcoins or cryptocurrencies that were developed after bitcoins became popular."

Quora says, shitcoin is an altcoin which is considered worthless due to the lack of product or useful features in the development of its blockchain. While shitcoins are considered worthless, that doesn’t necessarily stop them from going “to the moon”.

Hoping the above would help.

[Paglamon]

Shit coins have lost a lot of popularity during the epidemic. I think most investors generate traffic in the top currencies for trading. So top currencies are best for investment and trade. Currently, investment and trade in top currencies is on the rise. So a lot of new coins have turned into shit coins during the epidemic. That is why top currencies are most important for investment and trade.

[Stuart]

Shitcoins are truly the coins that gets seriously affected when the market is on the downtrends, and the top coins has the strength to stand the tough time until the re-bounce comes up again. It is normal that the coins will get values again when the time for the market settles. 

[Bobcrypto]

Tokens with higher capitalization can bear the heavy burden during bear market where investors are also in decision to select only the potential and top coins.

Shitcoins are the most affected during bear epidemic because buyers are concentrating to buy the top ranking tokens that in drastic decline.

What do you think?

You are very correct. During the bear run or the BTC dumps, the shit coins suffer must because BTC drag all altcoin down and with biggest impacts on shit coins. Investors can quickly take advantage of the dump market dump or dip to buy back the major coins with higher marketcap than these shit coins with low marketcap.
As a matter of facts, coins/rokens with big marketcap has huge potential to recover than the shit coins after the dip or dumps.

[elbans89]

I think that's right. During bearish ,  investors will buy more top coins. I think shitcoins will suffer as long as bearish.
I see bug whales already bought more bitcoin and altcoins at top 10 coin.
Several shitcoin dumped and dead
That's  normal.
We will see shitcoins go up again, when the bullish.