A shitcoin is a cryptocurrency with little utility but nevertheless has the abaility to make an impression on the market. There are many shitcoin crypto projects based on speculation, and in some cases, it’s a marketing strategy, or celebrity endorsement, that leads investors to invest in them.

Here, we reveal the 10 best shitcoins to buy in 2023. Also, we provide a stellar alternative to shitcoins and a full review of the best token trading platform.

A Closer Look At 10 Shitcoins That Could Blow Up

Here is a look at the best and most popular shitcoins to buy – we’ve also included a list of brokers who offer shitcoins for sale.

1. TAMADOGE (Tamadoge)

As a result of analyzing the market’s top shitcoins, we recommend Tamadoge as the best shitcoin to buy at the moment. The Tamadoge cryptocurrency token (TAMA) is one of the native tokens of the Tamaverse platform, which promises to offer more than just shitcoin potential by combining gaming and decentralized finance (Defi).

Tamadoge raised $19 million in its presale. On 27 September at 12 pm BST, Tamadoge was listed on the OKX centralized exchange. In addition, by joining the Tamadoge Telegram channel, investors will be able to receive the latest information regarding future listings of the company.

As part of the Tamaverse, users can create, breed, and trade their Tamadoge pets in a virtual ecosystem. As a result of the use of smart contract technology, these pets will be minted as NFTs. It is important to remember that all dog-like virtual avatars have unique characteristics, which players should use to their advantage during competitions. TAMA coins are awarded from the “dogepool” to the top performers on monthly leaderboards.

Tamadoge pet NFTs and other tokenized items and assets can be purchased with TAMA from the Tama store. Despite its deflationary supply, TAMA promises to be one of the most unique shitcoins on the market. TAMA has a maximum supply of 2 billion tokens, which is different from dogecoin, which has a limitless supply of tokens.

Each time a player purchases an asset in the Tama store using TAMA tokens, 5% of all the tokens used are burned as a result. As a result, the supply of TAMA will decrease over time, thereby increasing its value.

In addition, it must be noted that the developers have reserved 20% of the total token supply for future listing on decentralized and centralized exchanges. The remaining 30% will be minted and released in the next 10 years. The development of an Augmented Reality (AR) app is one of the plans that Tamadoge has in place for the future. The app is expected to maintain the same P2E dynamics as the platform on the web and the same features.

Your money is at risk.

2. IBAT (Battle Infinity)

IBAT is one of the best shitcoins to buy right now. The IBAT token is the native token of Battle Infinity- an NFT-based fantasy game in which players earn while competing against other teams.

As part of Battle Infinity, players have access to six platforms – they can buy IBAT tokens on Battle Swap, a decentralized exchange on the platform, while in the Battle Marketplace, they can purchase NFTs to customize their unique avatars, thus giving them a unique appearance. In addition, fashion accessories such as chains and funky hairstyles can be fitted to the avatars.

Virtual reality headsets enable players to interact with each other in real-time in Battle Arena, a metaverse gaming platform. In addition, by monetizing land, players can also compete in the fantasy sports game IBAT Premier League.

Battle Stake is another platform on Battle Infinity where investors can earn rewards. In order to compete for the highest rewards, players may choose solo, duo, or crates staking.

Global staking pools receive half of the platform’s transaction fees and distribute IBAT tokens to active users.

With an extremely successful presale, IBAT has proven it’s not just another shitcoin. IBAT tokens sold out within 25 days of the presale, which was scheduled to last 90 days.

It was followed by listings on PancakeSwap and LBank in August, which further boosted the coin’s popularity, as seen by its 700% price increase in just a few weeks.

This platform will continue to grow, and more listings will be added soon, making it one of the fastest-growing crypto projects – investors can get updates by joining the Battle Infinity Telegram channel.

Your money is at risk.

3. SHIB (Shiba Inu)

Shiba Inu is also one of the most popular coins on our top shitcoin list of 2023 – and it is because this shitcoin has experienced tremendous growth and transformation over the past few years. As an alternative to Dogecoin, SHIB was launched in 2020.

Since its developers created Shiba Inu meme token to compete with Dogecoin, it is also known as the “Dogecoin killer.” However, it hasn’t yet beaten DOGE in the market. It is, however, the second-largest shitcoin in terms of market capitalization. In addition, its price has increased exponentially since it started trading.

As well as its growth and broader adoption, Shiba Inu’s social media hype makes it valuable to its owners. As a result of this hype, the product’s price rises or falls depending on its popularity.

As a result, Shiba Inu has a wide range of uses within the DeFi ecosystem. For example, SHIB can be used to stake and earn rewards, build DeFi apps, provide liquidity to the market, and develop NFT projects. In addition, experts predict that Shiba Inu will sell for $0.00008845 in 2022. Thus, we recommend you invest earlier and enter the market.

79% of retail CFD accounts lose money. You will never lose more than the amount invested in each position.

4. DOGE (Dogecoin)

The genre leader – Dogecoin – follows the list of the best shitcoins. Since Dogecoin’s inception, it has come a long way. This asset began life as a parody of cryptocurrencies but has since become one of the most valuable coins in the market.

DOGE is currently trading at $0.074. In the past 24 hours, DOGE has jumped 13.69%, making it one of the best-performing large-cap coins.

Since its developers have done a good job making this asset useful, it ranks high on the list of the best shitcoins to buy. The fact that several fans accept DOGE as a payment method also helps.

A number of companies have begun accepting DOGE payments this year. Among them are Tesla, The Boring Company, and AMC Theaters. As a result, DOGE’s price is expected to rise in line with this trend going forward.

The issue with Battle Infinity is that Dogecoin already had its first major pump in 2021, unlike Battle Infinity. So the possibility of an altcoin exploding twice and producing that kind of crypto bull run is unlikely.

79% of retail CFD accounts lose money. You will never lose more than the amount invested in each position.

5. FLOKI (Floki Inu)

Whenever Elon Musk mentions something about his dogs, somebody comes up with a crypto project based on it. Therefore, when the tech giant mentioned the name of his dog on Twitter, the FLOKI token was created.

It states that the project will combine real utility with charity in order to give power to the people; however, it does not specify how it will do this. The game is a Metaverse game that offers players rewards and access to FLOKI University, which offers crypto education.

In addition to FLOKI DEFI, FLOKIPLACES, a soon-to-launch NFT and merchandise store, is also available on the platform.

While Floki Inu does provide some value, it doesn’t stand out from the thousands of other blockchain projects.

To buy FLOKI, you will need to first invest in ETH. These tokens can then be swapped for the shitcoin through a decentralized exchange.

79% of retail CFD accounts lose money. You will never lose more than the amount invested in each position.

6. 1INCH (1Inch Network)

A group of experts auditing smart contracts created the 1inch Network in 2020. The project is a decentralized exchange (DEX) aggregator solution that allows users to compare prices across various platforms to offer them better rates.

As a governance and utility token, 1inch is the native token of the 1inch Network. The best shitcoins likely to explode 10 times by 2022 include 1Inch.

79% of retail CFD accounts lose money. You will never lose more than the amount invested in each position.

7. BABYDOGE (Baby Dogecoin)

The Baby Dogecoin token is a deflationary token that becomes scarce over time. Holders earn Baby Dogecoin as they accumulate more. So when you hold Baby Doge coins in your wallet, you’ll earn more Baby Doge coins that are automatically sent to your wallet, as 5% fees are paid on every transaction on the Baby Doge network. It is one of the shitcoins set to explode 10× in 2022.

You can buy Baby Doge through a decentralized exchange such as PancakeSwap. To do this, you will first need to hold ETH tokens.

79% of retail CFD accounts lose money. You will never lose more than the amount invested in each position.

8. Yearn.finance

The Yearn.Finance platform was created by Ethereum developer Andre Cronje in 2020. In contrast to Bitcoin, which will have a maximum supply of 21 million tokens, Yearn.Finance has a limited supply of just 36,000 tokens. It is for this reason that Yearn.Finance trades for thousands of dollars per token.

Yearn.Finance’s market capitalization is just below $1 billion at the time of writing. As a governance token, this crypto asset was designed. The Yearn.Finance community can vote and decide on the project’s future. Additional vaults can be opened, and strategies can be modified by holders.

By investing in Yearn Finance tokens, token holders can also generate passive income. Yearn.Finance token holders receive any fees incurred as a result of using the protocol. As with many other crypto projects, the developer team did not receive a substantial share of tokens.

The price of Yearn. In the near future, finance could be trading hundreds of thousands of dollars if DeFi coins continue their current growth trajectory. However, investors will be more likely to purchase the token if they also anticipate a notable increase.

Consequently, you might consider purchasing Yearn Finance tokens and holding them for a long time. Fractional trading is available via eToro for crypto assets worth $10 or more.

79% of retail CFD accounts lose money. You will never lose more than the amount invested in each position.

9. APE (ApeCoin)

In the last 18 months, the NFT market has seen a tremendous increase, and at the center of this movement is the NFT project known as Bored Ape Yacht Club (BAYC). Celebrities have endorsed this project, resulting in millions of dollars being sold for BAYC NFTs.

ApeCoin is the native token of the Mutant Ape and Bored Ape ecosystems. Investing in BAYC and taking full advantage of it requires owning APE. Developers of this crypto project were determined to ensure it was an ERC20 token to serve as a protocol layer for community-led initiatives driving culture into the Metaverse.

As part of the Ape Foundation, which promotes the growth and development of the APE ecosystem, APE is specifically designed for the Web3.0 environment.

Managing and building a globally dispersed community is crucial for the APE DAO. Through Web3.0, ApeCoin’s platform aims to be at the forefront of the gaming evolution and create a culture expressing itself through art and events.

79% of retail CFD accounts lose money. You will never lose more than the amount invested in each position.

10. MIM (Magic Internet Money)

Magic Internet Money is a stablecoin that is soft-pegged to the US dollar and minted by a lending platform called Abracadabra. There is no doubt that this is one of the best shitcoins to go for in 2023 if you want to make a higher return.

The token powers the Abracadabra protocol and is supported by interest-bearing tokens. These are tokens that accumulate interest over time, so offer a way to grow your crypto investments passively. Users are also able to increase their MIM holdings through mining, which is a great way to collect the token for free.

To buy MIM, you will need to swap other cryptos for the token through a decentralized exchange.

79% of retail CFD accounts lose money. You will never lose more than the amount invested in each position.

What Is A Shitcoin?

‘Shitcoins’ refer to assets that are considered to be worthless, or very low price. In addition, critics claim these assets aren’t good investments because they don’t serve any immediate or discernible purpose. However, they hae the potential to gain value overtime.

Several developers began creating cryptocurrencies just for fun following the initial success of cryptocurrencies. Many of these developers developed their assets primarily for the purpose of pumping and duping. Some developers use their coins as jokes or parodies of real assets. At some point, the assets caught on, and people began to buy them.

There is usually no discernible value or mission associated with shitcoins. Rather, they thrive on their ability to build communities and create value from them. Their values increase as more people become fans and invest in them.

The decreased value of a shitcoin is usually the result of a failure to generate investor interest. Unfortunately, Crypto investors are becoming more aware of how to find quality investments, which results in several of these shitcoins disappearing.

Some shitcoins, however, have become more useful over time. Some of the best shitcoins to buy right now can be used for payments, staking, governance, or rewards. As a result of these functionalities, shitcoins will eventually gain value and an organic following on social media and other public forums.

Are Shitcoins A Good Investment in 2023?

There is no doubt that crypto is a good investment, and shitcoins are no different. Therefore, there is nothing wrong with looking into the best shitcoins to invest in before you make your investment. To help you understand that there are potential shit coins, we’ve put together this list of shit coins.

But you should be aware that Shitcoins are very volatile, and you can lose your capital and profit if you invest in them. So consider your investment strategy before adding these shitcoins to your portfolio.

Your money is at risk.

Are Shitcoins Penny Cryptos?

The definition of a penny cryptocurrency is a crypto or token whose market price is under $1.

Cryptocurrencies are divided into four categories: plentiful cryptos, newly minted cryptos, fallen cryptos, and stagnant cryptos. Generally, plentiful cryptos are those cryptocurrencies that have large supplies, and newly minted cryptos are those cryptocurrencies that are brand new on the market and are not well known to the general public.

A fallen crypto is worth a lot but took a dip in price due to market changes, and stagnant crypto has been around for a very long time and hasn’t changed in value.

Each type of penny crypto should be handled differently. As with penny stocks, cryptocurrencies are subject to manipulation and have a high degree of volatility.

Since shitcoins rarely exceed $1 in value, they can be considered penny cryptocurrencies alongside shitcoins. However, there may be a significant difference in the attention they receive. A shitcoin’s community is typically larger and receives more attention and viralization than a penny cryptocurrency.

Where Are Shitcoins Listed?

You will likely find most of these shitcoins with potential on different exchanges today. Some new shitcoins with potential are unavailable on these exchanges, but the majority are. Among all of the exchanges in 2023, we recommend eToro and OKX, which we believe are the best exchanges for buying the best shitcoins.

79% of retail CFD accounts lose money. You will never lose more than the amount invested in each position.

How To Invest In Tamadoge- Our Top Shitcoin

It is estimated that Tamadoge raised $19 million during its presale on September 15th. Currently, OKX – a decentralized and centralized exchange, is currently offering the token for sale. In more than 100 countries worldwide, the OKX exchange is estimated to have more than 20 million customers.

Here is a step-by-step guide to buying Tamadoge on OKX.

Step 1: Go to Tamadoge Website

When you are on the Tamadoge website, click “buy Tamadoge.” The OKX website will then be displayed.

Step 2: Open OKX Exchange

After that, you can create an OKX exchange account by providing information, such as your phone number/email address, and creating a password.

Step 3: Sign up to OKX

As part of the registration process, OKX will send you a code link via email or phone number in order for you to confirm the account registration.

Your money is at risk.

Step 4: Deposit funds

USDT can be used to purchase Tamadoge (TAMA) tokens on OKX exchange. Furthermore, investors can purchase stablecoins directly on the exchange using credit/debit cards.

In order to convert USDT, enter the amount you would like to purchase, enter your credit card information, and confirm your purchase.

OKX allows you to transfer USDT from another crypto wallet or exchange.

Step 5: Place order

By selecting ‘Spot Trade’ from the ‘Trade’ tab, investors can convert their tokens into USDT by finding the TAMA/USDT pairing.

Beginners should choose the ‘Market’ option for the best price. Once you have entered the amount you want to purchase, click ‘Buy TAMA.’ TAMA will be available on OKX as soon as you receive confirmation.

For those who cannot register for the OKX CEX exchange due to regulatory restrictions, TAMA is also available on the OKX DEX.

Your money is at risk.

Best Shitcoins To Buy 2023– Conclusion

We have provided a detailed review of the top 10 shitcoins in 2023. In our analysis of all the assets, we have concluded that Tamadoge is the project that offers investors the best combination of rewards and utility.

This multi-player, peer-to-peer game rewards players who take the best care of their digital pets in exchange for TAMA tokens. Because of its token-burning mechanism, Tamadoge provides its investors with an opportunity to earn capital appreciation as well as entertainment. As a result, the platform will burn 5% of tokens used for pet store purchases.

After raising $19 million in under eight weeks in its crypto presale, the project was set for a listing on OKX on September 27.

Your money is at risk.

FAQs

What coins are shitcoins?

As you can see, shitcoins are mostly meme coins such as Dogecoin and Shiba Inu that have no real utility, so they are classified as shitcoins. They gained their stature through celebrity endorsements and community hype, making them appear more than they are. There are some shitcoins, however, that allow investors to earn rewards.

Will shitcoins explode?

Many variables will determine whether or not shitcoins are worth it. Supply and demand determine a shitcoin's price. Investing in crypto projects should always be accompanied by intense research. Shitcoins and alternatives like Lucky Block should be included in your portfolio.

Where to buy shitcoins?

eToro is the most convenient and best place in 2022 to buy shitcoins. In addition, the platform offers low fees and no fees for US customers for USD deposits.

Is Doge a shitcoin?