Shitcoin is an informal term in the crypto world that refers to crypto assets that are considered to have no value, benefits, or future growth potential.

The term shitcoin is used to refer to crypto coins that are considered to be scams or nothing more than pump and dump schemes to take advantage of investors. Generally, shitcoins are characterized by anonymous development teams, absence of active user communities, vague R&D and roadmaps, low liquidity, and exaggerated and unproven claims of revolutionary features.