shitcoin

plural shitcoins · alternative shit coin

1. derogatoryslangvulgarA cryptocurrency of little or unclear value.

   There's bitcoin, and then there's 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 more examples

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

   2017 December 12, Matthew Hrones, “Three Altcoins Crypto Investors Should Keep an Eye On”, in Bitcoinist

   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.

   2019 August 1, William Foxley, “Crypto Exchange Launches 'Shitcoin Futures Index,' Offering New Way to Short Alts”, in CoinDesk, archived from the original on 04 Aug 2019

   Antonyms: stablecoin