2025.8.28 On-chain Vision
Narrative
"just a shitcoin"; its self-deprecating positioning is quite interesting: it directly borrows the commonly used derogatory term "shitcoin" from the crypto community, which means "garbage coin" and is usually used to describe cryptocurrencies that have no actual use, no technical support, and exist solely on speculation.
This project has done a reverse operation: turning a derogatory term into a selling point. The official positioning is simply stated as "just a shitcoin",
We are just a garbage coin, with no complex technology, no grand vision, and no promises of utility or long-term value. Its only value is to provide entertainment for degens (high-risk speculators), essentially designed for investors who enjoy adventure and seek short-term thrills.
Dynamics
Trading Volume: Total transaction value of approximately 3.2 million USD, with buying and selling nearly balanced at about 1.6 million USD each.
Number of Transactions: A total of 20,198 transactions, indicating a high level of market activity.
Participants: 4,476 buyers and 3,794 sellers, with slightly more buyers.
Market Makers: There are 5,520 orders participating in matching.
Price Increase/Market Performance: Overall 24H increase of 80.12%, indicating a significant short-term price surge and active market sentiment.