One thing that is phenomenal with Shitcoins is the fact that its value is dependent on mere hypes, community buy-in, and whales bagging, apart from that, Shitcoins absolutely draw values from nothing else.

Most people are wondering why Shitcoins don’t last long in the financial market, they are wondering what’s the difference between Shitcoins and other coins out there in the financial market.

Now, in this post, i am going to answer all or some of your bothering questions, like what brings value to Shitcoins and i am going to do justice to that by explaining each of the terms so you could understand.

Shitcoin Value From Hypes


The number one thing known with Shitcoins is the fact that hyping brings value to it, but the value is just for a while as it will go back down when the hypes are no longer there.

This happens when investors invest in any Shitcoin, they will continue hyping such coin because they have their money in there, the moment the coin pumps due to the hyping, they will all take profits and if eventually, they don’t buy in again, that’s where the coin will begin dumping.

Shitcoin Value From Community Buys


Shitcoins have no real case use to give it value and there are no other real-world facts that it draws value from normal markets movements like every other coin which is based on the law of demand and supply.

When the community members of any Shitcoin invest in that coin in large numbers, the value of the coin will go up high because there was a higher and bigger demand for the coin.

And once the coin pumps, every investor is likely to sell off because Shitcoins are made for profits and nothing else, once they sell off their bags then the coin will lose its value because demand has drastically dropped in a huge quantity.

Shitcoin Value From Whales Activities


I believe you know what whales are in the cryptocurrency market, if you don’t then you should not be in the Shitcoin market because you will always get rekt, one thing i will always tell you to do is this: always seek for education in the cryptocurrency market else you will always get rekt.

Whales are the big guys, they invest hundreds of thousands to even millions into a particular coin and this happens often with Shitcoins, once they sold off their bags, the coin is likely to lose a big percentage of its value.

The same way the coin has to lose a huge percentage when the whales drop their bags, is the same ways the coin will pump very hard when the whales are bagging any Shitcoin, so you can now see that it all boils down to the volume of buying and selling of that particular Shitcoin.

Whales activities are what enable Shitcoins to be traded else nothing of much will be made, with the whales’ activities, you can be able to swing trade Shitcoins and make good profits, but this can be very tricky for a newbie you know.



Shitcoin Price


There is one thing that is common with the prices of Shitcoins, they all are in the lowest value and they hardly make it to a dollar per one coin and that is because they have nothing to sustain the prices, the actual case use and no any true demands for it, just buying an selling off for profits sake.

The price of Shitcoin is just based on hypes, community works, and whales activities, what this tells you is not to have any high expectations for any seemingly Shitcoin because your expectations will crash, nothing is promised with Shitcoins and especially with the ones that are newly launched, you got to be extremely careful.

Shitcoins are based on mere speculations and have no long term plans, so as a wise investor which i know that you are, please kindly do not have much higher expectations from a Shitcoin because it is something that could dump, rug pull and crash while you are away.

Trading Shitcoins could make you rich due to its high volatility but at the same time, Shitcoins are capable to make you lose all of your investment capital due to frequent cases of rug pulls and lack of liquidity, so always ensure to do thorough research of any coin that you are about to buy into so as to avoid being dumped on by the whales.

And one thing i want you to note is this, the financial market is very volatile, especially that of Shitcoins, and i and my teams we have no influence over the prices of any Shitcoins, so you are hereby advised to do your own due diligence before making any trading decision or better still, consult a trading professional for trading advice.


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