shitcoin

English

Alternative forms

• shit coin

Etymology

Blend of shit +‎ Bitcoin.

Noun

shitcoin (plural shitcoins)

1. (derogatory, vulgar) A cryptocurrency of little or unclear value.

   Coordinate terms: altcoin, memecoin

   • 2017 December 12, Matthew Hrones, “Three Altcoins Crypto Investors Should Keep an Eye On”, in Bitcoinist‎^[1]:

     But, against what many people shout about on Reddit, not every altcoin is a "shitcoin."

   • 2019 July 18, Ben Brown, quoting Rep. Warren Davidson (R-OH), “'There's Bitcoin and Then There's Shitcoin (Libra)'. Congress Finally Gets It”, in Yahoo! Finance‎^[2]:

     There's bitcoin, and then there's shitcoin.

   • 2019 August 1, William Foxley, “Crypto Exchange Launches 'Shitcoin Futures Index,' Offering New Way to Short Alts”, in CoinDesk‎^[3]:

     Crypto derivatives platform FTX has perhaps the most speculative and oddly-named futures index fund on the market: SHIT-PERP, or the Shitcoin Index Perpetual Futures.

See also

• memecoin