The Major Risks of Shitcoins
1. -99% in a Few Days
- Example: Squid Game Token (SQUID) – Scam, investors could not sell.
- 99% of shitcoins end up at zero.
2. Trapped Liquidity (Rug Pull)
- Developers withdraw all the money, leaving holders with useless tokens.
3. No Fundamentals = No Floor
- Unlike $BTC
or $ETH
, a shitcoin can disappear overnight.
Do your own research before investing