A $131 Billion Crypto Crash Proves Shitcoin Trading Not Worth The Risk!!😹😂🤣
Shitcoins Plumment Amid Record Liquidations!!
The shitcoin casino blew up in spectacular fashion last week — and it’s not clear the gamblers are coming back.
When selling pressure intensifies, those buyers often pull back, leaving tokens exposed to rapid price moves.
Without strong fundamentals or sustained demand, price discovery tends to unravel quickly.
The crash vaporized entire ecosystems of shitcoins that had promised generational wealth through viral memes, big-name branding, and blind faith in momentum.
The damage was particularly centered around smaller shitcoins, many of which fell as much as 80% before a tentative recovery.
Now market participants expect another such turn, with a long freeze for niche digital assets.
That’s not just because many traders saw their portfolios obliterated last week, but because so few shitcoins had proved profitable even before the recent carnage.
“The problem with shitcoin is, yes, they can go up more,” said Morten Christensen, a trader who runs AirdropAlert.com.
“But they can go -50% in a day or -90% in a week. I am not going to play that game with my portfolio late in the cycle when the odds keep increasing that the end is here.”
“These assets in particular have been subject to a considerable amount of risk, as we saw this weekend, yet have been broadly underperforming Bitcoin, equities and gold,” said Needham & Co. analyst John Todaro.
“In short, taking on significantly more risk for what has been less reward.”
Given the scale of losses hitting the day-trader class, Evgeny Gaevoy, Wintermute’s chief executive officer, puts it bluntly: “the shitcoin market will shrink.”
Remainder Of The Article: Crypto Exchange Launches ‘Shitcoin Futures Index,’ Offering New Way To Short Alts:

DPL
Crypto Exchange Launches ‘Shitcoin Futures Index,’ Offering New Way To Short Alts (#GotBitcoin) - DPL
Crypto derivatives platform FTX has p. Crypto Exchange Launches ‘Shitcoin Futures Index,’ Offering New Way to Short Alts (#GotBitcoin)
