– coins created by unscrupulous actors designed to swindle investors out of their hard earned money. Usually issued through well-marketed ICO campaigns with no intention of ever launching their platform, sometimes issued directly onto DEX’s in hopes of attracting interest; also referred by its more crass term, shitcoin
You gonna invest in that ICO?
Nah, I’ve read their whitepaper and checked out their Telegram, total shitcoin [scamcoin].
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