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Author Topic: Some coin/tokens called "shit coins" will bounce back this year. What do think?  (Read 964 times)

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There are actually coins tag as shit coin probably because of no user cases or poor marketing by project team but I think with the current crypto bull run, many of these shit coins may come back strong. I have some coins in my wallet since 2018 that has remain stagnant but recently some of them has waken up and doing great. Now do you think some of these coins considered as "shit coins" will all bounce back? Your thoughts.

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Offline Anonylz

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This is possible actually you have noticed this happening with some of your held tokens from since 2018. I cant say why this might be happening since most time there are no clear use case for them and poor marketing as you have pointed out but during strong Bull markets like this, Investors might probably pick and hype some particular so called shit coin just to make profits I guess. So we might see some of them move up in price, IMO.

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I agree that during a bull run anything can be possible. This was true in the past, can be true this year and will also be coming back years from now. We are just experiencing the same thing all over again albeit some details can be surprising and even be shocking. Shitcoins have been around us since I can remember and the main purpose of those projects is just to get as much money as they can and then forget everything. However, when it is possible to resurrect a thing, why not? Good to see some of my dead coins in my wallet showing some movements too,  the only hindrance I have from making them money is the high gs fees involved.

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Shit coins will remain shit coins in the future. You can earn something on shit coins in a bull run if you sell in time. Don't forget, there are still pump and dump groups on the way pushing such coins.
Caution is advised for such coins and such pump and dump events.

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Surely some of those coins term 'shotcoins' will bounce back except if their developers had completely abandon them those coins are too many that is why we are having as many shitcoins in the cryptoshpere, I will also try and check myetherwallet and see if any of my so-called shitcoins had pump or gain some value.

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I have some shit coins in my wallet and they were all increasing a lil bit but I'm not sure if they can recover completely after sleeping in the long time. Maybe only the projects that has completely developed their product and chances they can recover and will pump.

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The sudden development of the projects has pumped out the perforated coins.  I have a few perforated coins in my wallet for many days.  They can be completely re-pumped or developed.  Then I want to reproduce the perforated coins in my wallet.

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You said some, which is right, a shitcoin is not actually a shitcoin as long the developers of it are still around, working on the project, a coin can be considered a True shitcoin if it's been abandoned by the developers, no form of marketing or development is happening with the coin any more, the telegram groups and social channels are filled with ads from initial members and supporters of the coin, this are the kind of coins I consider shitcoin, this type of coins hardly have any way chance of upward movement cus they aren't even listed on any good exchange, so for this kind of coins, hope is lost and should not even think of it waking up,. But for the coins that the developers are still around, this coins personally, I don't consider them shitcoins cus since development is still ongoing, things can change for the coin anytime the market is good.
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Commonly, during the altcoin seasons, shitcoins can also reach its great increase until thousands of perentages. that happened in the previous season in 2017. And now there are many shitcoins or new coins that are also the same probably. I don mind but be careful if going to buy it

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Since it is an altcoin season, shitcoins can have a chance to soar as well. There will be a big increase in the values of many coins. Even shit coins can increase much in altcoin season, but be careful with these coins. The shit coins will be dumped soon after the increase. I hope you better choose top altcoins only.

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A lot of such tokens have risen again, because after the pump altcoins was large, many whales saw that they had not increased in price so they decided to invest in FOMO and make money from inexperienced investors. We should also check on the future of the project so as not to invest in dead projects.
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Basically, if we know it is shitcoin we put less expectation to pump. Majority we consider shitcoins as the DO or DIE coins. They are the coins need much attention to produce unbelievable successful platform. But, somehow the potential coins came from shitcoin. So, some shitcoins has the ability to become potential particularly the project with unique and relentless method. In short, there's still chance for shit coins to grow and become useful. Bounce back is always possible not unless they are totally deactivated.

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From my wallets, i have sold some shit coins that i thought as dead even one year ago but few are awaken with this HYPE. Pump for shitcoins will generate more damage to the development of cryptocurrency. Investors of this shitty coins will lose their capital as i did in the past. We have to be cautious while invest our valuable money.

Majority we consider shitcoins as the DO or DIE coins.

Right, this do or die game brings much suffer later.

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We consider some of these projects we thought as shitcoins and dead coins because we only focused on the price and didn't follow the development that's been going on through out the bear market. One perfect example I could think of was SNX. For no special reason, I decided to open my open and was very surprised about the value.

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There are actually coins tag as shit coin probably because of no user cases or poor marketing by project team but I think with the current crypto bull run, many of these shit coins may come back strong. I have some coins in my wallet since 2018 that has remain stagnant but recently some of them has waken up and doing great. Now do you think some of these coins considered as "shit coins" will all bounce back? Your thoughts.

Definitely yes, most of the shitcoins for sure in the future will pump at once in the time we didn't expect to happen.
So, better to be more patient and be wise in terms of selling our coins at the moment. Remember at the moment we are in the midst of bull run season so far, so let's take the chance for this for us to earn well.
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