The problem with shitcoins is the lack of liquidity when they start dumping. They go into complete free-fall mode. Nobody truly wants them, nobody truly wants to hold onto them. They're a ticking-time bomb with a hidden count-down timer, being passed around carelessly.
Apart from low liquidity, they could easily be a rugpull, could easily have security flaws and exploits, and could easily end up abandoned. Why not just stick to the more established and proven projects?
Bonus question: Which shitcoin burned you the most? Mine was STEP. Bought at $1.20 in September 2021. It's now 2 cents.
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