The term 'Shitcoin' has gained quite a recognition in recent times. Any token may be regarded as a Shitcoin if it has been created solely for the sake of making money through an initial coin offering (ICO) and does not have any meaning beyond what is described in its whitepaper. In this crypto world that's dominated by shitcoins, let us have a look at the top 10 low-value shitcoins that might explode in 2023:
This is the first dog-themed meme coin that has advanced considerably, in the least possible time. Dogecoin was first intended to be a mockery of cryptocurrencies, but on the contrary, it quickly rose to become one of the most expensive coins and is now in the top 10 most valuable coins on the crypto tokens market. This is worth giving attention to.
Shiba Inu is considered to be one of the best alternatives to Dogecoin for all the right reasons. Shiba Inu currently has no use cases, which makes it one of the best shitcoins available because, despite having little or no value, its popularity is undeniable. Today, it can be seen that crypto developers are working hard to provide token holders with more real-world utility and Shiba Inu doesn't seem to disappoint.
Needless to say, this meme coin has a huge following in Japan. The meme project uses a peer-to-peer (P2P) network and is decentralized and open-source. MonaCoin is that one Shitcoin that is a fork of the well-known Litecoin fork of Bitcoin that employs the Lyra2RE algorithm.
The value of SafeMoon increased by about 2000000% in merely two weeks of operation. A lot of investors eventually shifted their focus to the new shitcoin. That's why the development team started working on maintaining interest in the brand and expanding the SafeMoon community.
Wakanda Inu is yet another shitcoin that attracted much interest when it first appeared. What cannot go unnoticed is the fact that WKD's circulating supply currently equals more than 39 trillion tokens thereby demonstrating how well-liked this African-based enterprise is. No wonder why it is all set to explode in 2023.
This Shitcoin entered the cryptocurrency market in August 2021. Floki Inu is another dog-themed shitcoin that might interest you. The investors had connected Floki Inu with Dogecoin after the coin's initial launch which is why the currency soar to heights in no time.
Many people view this Solana-based shitcoin as a cryptocurrency with much potential. The reason is – it is one of the fastest-growing shitcoins. Though launched in April 2021, this Shitcoin enjoyed extreme popularity in a short span. Thanks to the Solana users and other supporters helped it reach crowds.
This Shitcoin has a crystal clear goal – to make cryptocurrency accessible to the general public and help dogs in need. On these lines, the project team donated to various animal charities, and the token itself was profitable, making a return of more than 3,500% at one time. Well, this is something that you can look up to.
To encourage and facilitate decentralized community formation at the forefront of Web3, ApeCoin has surely won hearts. ApeCoin holders can govern the project by themselves thanks to the decentralized governance model. The framework decides how to use the Apecoin DAO Ecosystem Fund.
No points for guessing – this Shitcoin is named after the Tesla CEO. It aims to be one of the most popular shitcoins, and its creators are employing an intriguing strategy to achieve this. Well, let's see what the future unfolds.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.