How to spot and identify shitcoins

[Anonymous No.53299885]

Since the latest Big Pump many newcomers have been asking themselves: how do I know and how to identify a shitcoin? Behold, this is your definite expert financial advise with crucial points in spotting shitcoins. Did you know there are as much as 22 thousand coins out there? But don't worry, after "Expert mode" you'll be able to count legitimate projects using your fingers of a single hand.

Easy mode:
>is an obvious meme/dog/animal coin
>has a painfully low volume
>doesn't even have an website, links to a Telegram/Discord group

Medium mode:
>developers often have Indian names
>the coin does have a website, however most of its language is composed of buzzwords (e.g Web3, decentraland)
>has another coin's name on it

Hard mode:
>is a pre-mined coin (extremely important point)

Expert mode:
>is an ERC-20 token

[Anonymous No.53299940]

>>53299885

[Smaug No.53301904]

>>53299885

[Anonymous No.53301997]

>>53299885
you lost your stack on bancor, didnt you?

[Anonymous No.53302005]

>>53299885
Identifying shitcoins isn't difficult. What is difficult about crypto is that it doesn't matter what is a shitcoin and what isn't anymore. Often shitcoins outperform the general market for an unreasonably long time.