Meme Coins & Shitcoins

meme coins shitcoins

Last updated on March 13, 2022. Are you following Socratoshi Nakaplato on Twitter?

This post is a part of our The Elephant in the Blockchain series. While our “Influential People” & “Blockchain Quotes” series are easy to understand, our “The Elephant in the Blockchain” series might need an explanation. It is for “hard” questions. We are excited about the future of blockchain, and we think that answering brutally honest questions will help the industry and the users.

Are blockchain gods right? Do you think that we waste our time with meme coins and shitcoins?

While the majority of these coins can go to zero in terms of price, the community aspect of the big meme coins should be considered. Dogecoin and Shiba Inu have huge communities behind them.

The community is everything for blockchain projects so there is a possibility to add utility if the project has already an active community.

What do you think? Feel free to share your thoughts in the comment section below.

Wait, what is a shitcoin? Check the video below to learn or understand it better:

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