shitcoin
3 synonyms and 1 antonyms for shitcoin, grouped by meaning and by how common each one is.
Noun — A cryptocurrency that the speaker regards as worthless, badly built, or created only so that its makers can profit from selling it.
Synonyms
Rare, literary or technical
Precise, but they will stand out — check the sense before using one.
Antonyms
How to Use Shitcoin
The word patterns that sound natural to a native speaker.
Vulgar and always a judgement rather than a category; a coin one person calls a shitcoin another may hold seriously. Avoid in formal or published writing, where low-quality token or similar is preferable.
Etymology
A compound of the English vulgar term shit and coin.
Full origin of shitcoin →Frequently Asked Questions
What is the difference between a shitcoin and an altcoin?
Altcoin is a neutral term for any cryptocurrency other than Bitcoin, and covers thousands of projects including serious ones. Shitcoin is an insult applied to coins the speaker considers worthless. Every shitcoin is an altcoin by definition, but very few altcoins would be described that way by their own holders.
Is a memecoin the same as a shitcoin?
Not necessarily. A memecoin is defined by its subject matter, being built around a joke or an internet reference, whereas shitcoin is a verdict on quality. Sceptics often apply both words to the same coin, but memecoin is descriptive and shitcoin is not.
Why do people use such a crude word?
The field produces a very large number of tokens quickly and cheaply, and the term emerged as blunt shorthand for dismissing them. Its rudeness is deliberate; a softer word would not carry the same dismissal. That is also why it belongs to forum and conversational use rather than reporting.