11 Best Shitcoins to Buy – Turning Underdogs into Profits

“Shitcoins” might not sound appealing, but in the world of cryptocurrency, it refers to lesser-known, often undervalued cryptos, that might offer surprising investment opportunities.

If, like many crypto enthusiasts you’re interested in the best shitcoins to buy, our guide offers a deep dive into this segment of the market. We’ve also included several of the top under-the-radar projects as well as some exciting new coins on presale. On top of that, we’ll also talk about the best trading platforms for these coins, and whether they’re a good investment or not.

Best Shitcoins to Buy Right Now

Each of the tokens on the above shitcoins list 2023 are analyzed next, so you can decide which might be the best addition to your crypto portfolio.

A Closer Look at the Best Shitcoins to Invest In

Choosing the right project when you invest in cryptocurrency isn’t always clear-cut. There are thousands of tokens in existence and a huge variety of projects types, after all.

To get the ball rolling, we are going to take a closer look at the best shitcoins to invest in today.

Note: Do bear in mind that cryptocurrencies regularly shift in price as a result of supply and demand. As such, the market capitalization is likely to change on a second-by-second basis. Such figures are noted purely for the purpose of measuring the crypto asset’s value at the time of writing and offering a comparative guide to potential investors.

1. Wall Street Memes – Brand New Shitcoin Presale from Highly Experienced Team with 1 Million Social Media Followers

Wall Street Memes is an explosive new shitcoin that raised $300k in 24 hours and has now surpassed $25 million in just twelve weeks.

The project was developed by an experienced and trusted – although anonymous – Web3 team that was behind the Wall Street Bulls Ethereum and Bitcoin Ordinals NFT collections.

According to the official website, the shitcoin aims to “tokenise the movement” to enable average investors to get rich from investing.

The Wall Street Memes brand has a combined online following of over 1 million users, with its origins dating back to the GameStop bull run of 2021. Since its beginnings, the Wall Street Memes brand has gone from success to success. In 2021, the project launched the Wall St Bulls NFT collection, raising $2.5 million and selling out in 32 minutes. 

With this in mind, the $WSM token will likely pump if there is another meme coin bull run. This was also highlighted in a video by crypto YouTuber Jacob Bury, who said the project has 10x potential. However, it is also important for investors to remember that all presales carry a degree of risk.

Alongside its newest venture, the project will also drop merch and offer a $50k airdrop to be split between five winners.

Check out the Wall Street Memes Telegram to learn more about the project.

2. Chimpzee – Eco Friendly Monkey Themed Shitcoin Allows 20% APY & Aggressive Burning Policy, $1.3M Raised Throughout Presale 

Chimpzee (CHMPZ) is a monkey on a mission to save the planet. This is quite a no-nonsense shitcoin, having already pledged $15,000 to wildlife conservation and planted 20,000 trees to save the rainforest. The Ethereum-based campaign is proving to be quite generous, having also given away 5 million CHMPZ tokens in a giveaway to two lucky winners. 

Users can earn 20% APY if they purchase a diamond passport NFT in the presale. There are 4 NFT passports in total (Diamond, Gold, Silver, Bronze) with different APY levels. There are also 3 major ways to earn an income; Play-To-Earn, Trade-To-Earn, and Shop-To-Earn. But the NFT passport is the most direct means with the biggest privileges attached. The aim of Chimpzee is to let users make a positive impact on the environment while also earning a legitimate passive income. 

The project has already burned over 1 billion tokens and plans to burn even more. There is no buying or selling tax with Chimpzee and no fees. 

The token price is set to increase from $0.001 to $0.00185 when listed on an exchange, which is nearly double the price. So it’s better to get into this shitcoin sooner rather than later. The price at the time of writing is $0.00155 .

More info can be obtained from the Chimpzee Whitepaper, as well as the Telegram and Twitter feeds. 

3. eTukTuk – Green Crypto Platform Offering EVs With a Strong Charging Network And Staking Rewards For $TUK

As an alternative to shitcoins, eTukTuk offers a green transportation solution in developing countries, particularly targeting TukTuk drivers. 

They encourage switching from traditional engines to Electric Vehicles to reduce air pollution and carbon emissions. The platform’s upcoming Initial Coin Offering will offer 2 billion $TUK tokens, currently in the whitelisting stage.

eTukTuk is offering a solution through their native token, $TUK, incentivizing drivers to transition to Zero-Emission Vehicles (ZEVs).

According to the eTukTuk whitepaper, the game plan involves setting up Electric Vehicle Supply Equipment (EVSE) in urban and suburban regions, facilitated by a network of solar-powered charging stations.

Moreover, efficient use of the Binance Smart Chain ensures energy-saving solutions and access to low-cost, speedy transactions.

The platform offers a unique staking mechanism. Users allocate their tokens to power blockchain nodes, which is essential for operating the EVSE and charge points. As the frequency of transactions at these charging locations grows, those who’ve staked their tokens could see an increased Annual Percentage Yield (APY).

Join the eTukTuk Telegram group to stay updated.

4. Scorpion Casino – Crypto that Earns Daily Passive Income

Next on our list of the best shitcoins to buy in 2023 doesn’t fit the confines of a shitcoin. SCORP comes with a highly market-relevant utility. It is not a pump-and-dump token.

Despite that, the low-cap crypto that is currently in the presale stage is an excellent investment. It has the potential to get you generous returns upon its exchange listing. Scorpion Casino is a promising new project in the multi-billion dollar gambling and sports betting market.

Touted as a social online gambling platform, Scorpion Casino allows you to earn up to 10,000 USDT as daily passive income by staking SCORP – the native crypto. SCORP derives its primary value from its utilities. It is the one-stop gaming token and the exclusive payment method of the ecosystem. To elaborate, it gives you access to more than 30,000 betting opportunities monthly across 210 casino games and 160 live games.

The fact that Scorpion Casino is regulated and licensed by Curacao EGaming licensing entity speaks for its credibility. It is a complete online casino with all major games like slots, blackjack, roulette, poker, live casino, and more. In addition, it offers sports betting opportunities on football, tennis, American football, horse racing, basketball, golf, boxing, and MMA events.

The presale of SCORP is now live, providing the most profitable entry to the project. It has already secured a listing with one of the leading CEXs, which goes on to show its market relevance and growth potential. Users who have enrolled in the Elite Scorpion Members Club get multiple benefits in the presale. The membership deposit starts from as little as $1000. It comes with VIP Service, Cashback, and Extra SCORP tokens to name a few.

Use the Exclusive Bonus Code Scorpion20 (available for a limited period) to get 20% extra tokens.

5. Doge Uprising – Buy NFTs and Get Staking Rewards with this New Meme Coin, Priced at $0.000013 on Presale 

The next shitcoin on our list is $DUP – the native token of the Doge Uprising platform. The newest Doge-themed cryptocurrency in the market, Doge Uprising offers real utility to $DUP token holders. 

According to the Doge Uprising roadmap, $DUP tokens can be used to purchase Doge Mecha NFTs. The platform will set up its own manga series – featuring Doge Mechas rising in a dystopian future to battle the evil lizard king. To attract more users to the project, Doge Uprising will feature purchasable NFTs and implement a staking mechanism to offer passive income. 

While these features are yet to be released, early presale investors can hold $DUP before the price increases. Currently, $DUP is priced at $0.000013 on presale. However, the price will double to $0.000026 by the next round. 

Once the presale comes to an end, Doge Uprising will list $DUP on Uniswap – one of the most popular decentralized crypto exchanges in the space. This can help increase the trading volume, and potentially lead to a return on investment. 

Read the Doge Uprising whitepaper and join the Telegram channel to stay updated with all the new project developments. 

6. Dogecoin – Popular Shitcoin to Invest in

Ever wondered if you should buy DOGE? Dogecoin is possibly the most well-known shitcoin to buy right now. This cryptocurrency was forked from Litecoin in 2013 and went largely unnoticed for several years. Moreover, Dogecoin was trading at less than half a cent per token for a very long time.

That is before the so-called ‘meme coin’ was catapulted into the spotlight following support from popular online discussion boards such as WallStreetBets on Reddit. Of course, there was also a series of endorsing tweets from the likes of Elon Musk, Snoop Dogg, and even Mark Cuban.

As a result of all of this interest, in 2021, Dogecoin’s value increased by a whopping 400% in just one week of trading, and 12,000% over the following few months. This goes to show the power of social media when it comes to shitcoins. This is the highest-ranking shitcoin on this list, in terms of market cap.

At the time of writing, Dogecoin has a market capitalization of around $19.5 billion. At this time, there are over 132 million Dogecoin tokens in circulation, and this figure is steadily increasing.

Due to the nature of digital currencies, the demand must explode in order for this shitcoin’s price to rise, given its huge and ever-increasing supply. That is precisely what occurred in the second half of  2021 and what Dogecoin holders hope will happen again. Many Dogecoin price predictions have forecast strong gains in the coming years for this popular meme coin.

Cryptoassets are a highly volatile unregulated investment product.

7. Apecoin – New Crypto With Gaming and Commerce Use Cases

Apecoin was launched in 2022 by the team behind Bored Ape Yacht Club. For those unaware, this is a platform that’s made up of 10,000 one-of-a-kind collectible Bored Ape non-fungible tokens (NFTs). This platform offers some of the best NFTs to buy, all of which are based on the Ethereum blockchain.

ApeCoin is an ERC-20 cryptocurrency with governance and utility features. This top shitcoin’s price was at around $6.50 when it was first launched in March 2022. Within hours, APE tokens were trading for around $40 apiece – before coming back to earth. Within two days, Apecoin was trading at $17.75. At the time of writing, the shitcoin’s price is around 60% below this figure.

There will only ever be nine billion. The best part is that Apecoin users receive a 2% discount when making online purchases with the token. The market cap of this meme coin is around $3 billion. Whether or not you are into gaming or shopping in virtual worlds, this is one of the best shitcoins to buy according to most ApeCoin price predictions. You could also diversify by adding other types of shitcoin to your portfolio.

Cryptoassets are a highly volatile unregulated investment product. 

8. Shiba Inu – Top Meme Cryptocurrency and Dogecoin Alternative

Shiba Inu is another token on this list that was created as a light-hearted alternative to the current status quo. This shitcoin was launched in 2020 and labelled itself as the ‘Dogecoin killer’. The cryptocurrency has zero underlying use cases so is a perfect example of what makes it ones of the best shitcoins right now.

Although the lines are blurred on what characteristics make a shitcoin, Shiba Inu is 100% a meme token. Sure, even the best shitcoins are risky, yet Shiba Inu’s popularity is hard to deny. The cryptocurrency’s creators are also working to offer token holders greater real-world utility, which might help it gain further popularity.

Shiba Inu’s latest project, Shiberse, will also dabble in the metaverse. According to the latest announcement, Shiberse will include virtual real estate – allowing users to buy land. Shibeverse will have 100,600 plots of land. Districts on this map will comprise Currency, Breed, Growth, and Technology. Users will be able to develop and manage their own projects.

The metaverse is now one of the hottest crypto investment themes with tons of the best metaverse coins making headlines in the crypto universe. As such, Shiba Inu might stay on the radar by expanding into this space. The market capitalization of Shiba Inu at the time of writing is just under $14 billion and Shiba Inu price predictions expect SHIB to reach $0.0001 by the end of 2025. As such, you might look to invest in Shiba Inu now before it becomes even more dominant in this highly populated shitcoin market.

Cryptoassets are a highly volatile unregulated investment product. 

9. Yearn.Finance – Decentralized Project With Low Supply for Long-Term Crypto Traders

Yearn.Finance was created in 2020 by Ethereum developer Andre Cronje. Yearn.Finance tokens have a limited supply of just 36,000, much less than Bitcoin, which will be capped at 21 million. This goes some way to explaining why Yearn.Finance trades for thousands of dollars per token.

At the time of writing, the market capitalization of Yearn.Finance is at just below $1 billion. This crypto asset was designed as a governance token. This essentially allows the Yearn.Finance community to vote and decide on the project’s path. Holders can open additional vaults, and modify strategies.

Yearn Finance token holders can also profit from their investment by generating a passive income. This is because any fees incurred as a result of using the protocol are dispersed to Yearn.Finance token holders.

Not only does this shitcoin have such a low supply of tokens, but if DeFi coins continue on their present growth trajectory, Yearn.Finance could trade in the hundreds of thousands of dollars in the future. More investors will be enticed to purchase the token if they also foresee a noteworthy increase.

As such, you might look to acquire Yearn Finance tokens now and hold them for a long time.

Cryptoassets are a highly volatile unregulated investment product. 

10. Synthetix – Best Cryptocurrency to Trade Synthetic Assets via the Blockchain

Synthetix, originally called Havven, was designed as a decentralized stable coin and payment network, so the project is essentially a peer-to-peer electronic cash system. Synthetix is a cryptocurrency mining program that also provides exposure to real-world commodities, stocks, and other assets. The Synthetix token (SNX) is used as collateral for Synths that have been issued.

When you buy this shitcoin, it is locked in a specific contract that allows you to use it to collateralize an asset on Synthetix. In other words, you can trade synthetic versions of real-world assets without taking direct ownership. This is a small-cap crypto with a market capitalization of under $650 million at the time of writing.

Synthetix may be used for staking tokens to manufacture new synthesizers, as well as keeping track of the values of various assets. Users are rewarded for staking their Synthetix tokens, thus reducing supply by keeping them out of circulation. In addition, the protocol unlocks the corresponding worth of tokens if the price rises in value.

If someone invests $100 in Synthetix and the price increases by 50%, they will receive $25 in Synthetix tokens, which they may use to stake and thus earn more transaction fee incentives.

Cryptoassets are a highly volatile unregulated investment product. 

11. Ankr – Invest in a Cloud Computing Ecosystem

Ankr was founded in 2017 and is a distributed computing platform. This blockchain network enables cloud-computing companies to make underused resources available to anyone in need of cloud infrastructure. Cloud computing providers are compensated with ANKR tokens. The platform also leases out underused hardware from cloud computing companies.

As such, rather than contributing to the sector’s energy-consumption woes, this blockchain network intends to utilize what currently exists. The maximum supply of Ankr is limited to 10 billion tokens. At the time of writing, the market capitalization is at just over $650 million.

Ankr also adds value to the way tokens are staked by investors.  Investors who stake Ankr are usually rewarded with more tokens. This allows you to quickly set up and run a validator node on your preferred blockchain with Ankr and make passive income without paying commission fees or requiring any technical skills.

Ankr connects you to over 30 staking nodes. You can also qualify to earn staking incentives with as little as 0.5 ETH. To stake on Ethereum’s beacon chain, you’ll need approximately 32 ETH, which is subject to change. As a result, many crypto investors are interested in this type of shitcoin as it allows you to earn a passive income without needing a large sum of capital.

Cryptoassets are a highly volatile unregulated investment product. 

What are Shitcoins?

As we briefly explained earlier, a shitcoin can mean various things such as an obscure coin – as it’s a rather subjective term. Shitcoins can also apply to meme tokens or cryptocurrencies that have no evident purpose. Apart from that underrated cryptos with a low market valuation can also be referred as shitcoins in the crypto market.

Many shitcoins derive their value from simply existing, as well as a sudden increase in popularity from, say a celebrity endorsement, online community hype, or a new partnership.

If an altcoin’s price chart has been flatlined and mostly dead for years, then a crypto project might start being called a shitcoin.

Are Shitcoins a Good Investment?

There is no denying that even the top shitcoins are highly risky. Therefore, to help you decide whether this category of cryptocurrency will be a good addition to your portfolio – read on.

Shitcoins Sometimes Have Highly Enthusiastic Community Support

As previously said, shitcoins are crypto assets with a very low market capitalization and/or with no obvious use-case other than existing.

Despite the fact that shitcoins cannot be compared to some of the most well-known cryptocurrency projects, many investors still add them to their portfolios.

Some shitcoins have been known to see a strong resurrection thanks to the support of a large and active community. For instance, at the time of its inception, Dogecoin was seen as a joke, with a value of a fraction of a cent for years. Influencers and celebrities, on the other hand, took a strong interest in Dogecoin at the start of 2021 and built tremendous excitement around it. In just a few months, Dogecoin skyrocketed by over 12,000%

With that said, there have also been projects that have been worthless within a week after their over-hyped introduction. That’s what happened with some meme coins.

Although the rewards might be huge, there is always the added risk to consider. Nonetheless, you can check how vibrant and strong a shitcoin community is prior to investing.

Some Shitcoins Offer a Short-Term High-Risk/Reward Strategy

If you are looking for the best shitcoin to buy as a short-term trader, you could strike lucky, That is to say, shitcoins are risky, and therefore the reward could be sky-high.

Using the poster child for meme tokens – Dogecoin, as our example; had you opted to buy DOGE tokens on January 1st, 2021 and timed it perfectly by cashing out on May 8th, 2021, you would have been looking at gains of around 14,700%.

Where to Buy Shitcoins

The best place to buy crypto and more specifically shitcoins discussed today, is eToro. This is because the platform requires a minimum trade size of $10.

eToro – Top Platform to Access The Best Shitcoins in 2023

When you are deciding where to buy shitcoins, eToro is a great place to trade for beginners and seasoned investors alike. There are 70+ digital currencies listed. Trading is cost-effective because eToro charges a simple 1% commission when you buy cryptocurrencies, so you know where you stand.

When you buy shitcoins, you can do so on the eToro platform in a matter of minutes. In this scenario, the broker will add the tokens to your portfolio for you to access freely. This is suitable for new investors as there are no private keys required and the SEC regulates the space – so you can trade in a secure environment.

Cashing out is also a breeze because the broker just buys back the tokens upon you closing the position. Fractional trading is supported, so the broker will also accept stakes of $10 when you decide on the best shitcoin to buy. If you want to diversify later, you may also access ETFs and stocks with no commission.

Alternatively, the eToro Money crypto wallet is available to download for free and comes with a variety of industry-standard security measures. This includes advanced signature systems and DDoS protection, among other things.

eToro has some great features to shorten the learning curve, meaning you can trade shitcoins without performing research and still end up with a portfolio of assets. One of the most popular aspects of eToro is copy trading. This tool first requires you to allocate funds to a seasoned investor who specializes in cryptocurrencies.

If the trading pro risks 20% on Dogecoin and you invested $1,000 in that individual, you’ll find $200 worth of DOGE tokens in your own portfolio. It’s as simple as that. eToro also lists multiple crypto-based smart portfolios. You can choose your strategy, invest some finds, and eToro will manage and rebalance the crypto assets regularly.

eToro accepts deposits as low as $10. You may use a credit/debit card or a wire transfer to fund your shitcoin investments. Moreover, e-wallets like Neteller, Skrill, and PayPal are also accepted. There are no fees to pay on USD deposits or withdrawals.

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

Conclusion

Although often times the best shitcoins to buy can be overlooked, they can sometimes surprise us with substantial returns. However, it’s crucial to remember that despite their low cost and appealing potential, just like any cryptocurrency they are volatile. Investments in these coins comes with a risk, so it’s best to approach them with caution and thorough research.

With that said, one of the top contenders in our opinion is Wall Street Memes. The project features a massive online community of more than a million social media followers and has a proven track record, having already sold out an entire NFT collection in 2021, raising $2.5 million.

Wall Street Memes (WSM) - Newest Meme Coin

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• Community of 1 Million Followers
• Experienced NFT Project Founders
• Listed On OKX
• Staking Rewards

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