13 Best Shitcoins to Buy in 2023

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

Shitcoins refer to cryptocurrencies that don't have much utility but have made an impression on the market. Many crypto projects are based on mere speculation and in some cases it's an effective marketing strategy, or celebrity endorsements, that make them the best shitcoins to buy - prompting investors to get in on the hype.

We researched a list of coins that have made the crypto community buzz. Massive hype has been created around the shitcoins we found, although some of the coins provide utility and even offer investors rewards. Let's find out their features and how investors can benefit.

The Top Shitcoins to Buy in 2023

Here's a quick look at the best shitcoins right now before we review them in detail.

1. Wall Street Memes (WSM) - Combining a rich legacy in NFTs and meme culture, WSM presents a unique blend of community-driven approach and adaptability to the latest trends, making it a shitcoin to keep an eye on in 2023.
2. Copium (COPIUM) - This shitcoin is soaring after its recent exchange listing on Uniswap. Buy $COPIUM for only $0.0059 per token. 
3. Love Hate Inu (LHINU) - Top Vote-to-Earn Shitcoin to Buy With Utility 
4. Tamadoge (TAMA) - Emerging Shitcoin with $19 Million Completed Presale
5. Swords of Blood (SWDTKN) - Promising RPG Shitcoin to Buy in 2023
6. Mooky (MOOK) - A charity token that aims to protect the environment by donating to rainforest foundations. Hold the $MOOK token to buy NFTs and access voting rights on the platform.
7. Pikamoon (PIKA) - An excellent shitcoin to buy in 2023 with good growth potential. It’s a play-to-earn blockchain-based game that lets you earn $PIKA tokens and capture NFTs in in-game battles.
8. Spongebob (SPONGE) - Meme cryptocurrency which has been launched on the Uniswap DEX. In 24 hours, the $SPONGE token is up by 600%. 
9. Scorpion Casino (SCORP) – A Licensed, Transparent, and Provably Fair Social Gambling Platform That Provides Passive Income.
10. Dogecoin (DOGE) - Globally Recognized Ultimate Meme Coin
11. Shiba Inu (SHIB) - Popular Meme Coin Aspiring to be Dogecoin Alternative
12. ApeCoin (APE) - Top NFT Crypto Supporting the Gaming Evolution
13. Balancer (BAL) - Ethereum-based Software Incentivizing Pool Funding

Reviewing the Best Shitcoins to Invest in

Let's take a closer look at the best shitcoins to buy - we've also provided links to brokers offering shitcoins.

1. Wall Street Memes (WSM) - Shitcoin Harnessing Meme Power and NFT Legacy

Launching into the bustling shitcoin wave of 2023, Wall Street Memes launched its shitcoin, $WSM, via a presale on 26 May. As a renowned entity in the NFT space with a broad online footprint—gathering over a million followers across social media channels like Twitter and Instagram—this veteran project aims to extend its influence into the crypto arena, powered by its strong community.

The second presale round of $WSM offers the token at a rate of $0.0253 USDT. While the inherent risks of early-stage projects should be considered, the past successes of community-driven platforms present a silver lining for potential investors of $WSM.

Grounded in internet meme culture, Wall Street Memes aims to secure a strong position for $WSM in the meme coin arena. Its commitment to staying up-to-date with emerging trends, including Bitcoin NFTs, speaks volumes about the brand's adaptability. It's worth noting that the brand's initial Ethereum NFT collection sold out in minutes back in 2021, underlining its potential.

Additionally, Wall Street Memes' online presence has caught the attention of influencers, including Elon Musk, who has interacted with their content. The brand's strong rapport with its community could pave the way for $WSM's listing on major exchanges, possibly including platforms like Binance or Coinbase.

In celebration of $WSM's presale launch, the team is organizing a $50,000 airdrop. For further details, you can visit the project’s Linktree.

With a total supply of 2 billion $WSM tokens, the brand is all set to distribute 50% during the presale, with the remainder divided between community rewards and exchange liquidity. This community-centric approach seems to address past issues faced by some shitcoins, where many team-held tokens flooded the market.

You can join the Wall Street Memes Telegram group to stay informed about this presale.

2. Copium - Top Shitcoin which has Soared by More than 386%

Copium ($COPIUM) is a community-driven meme project. The name of the cryptocurrency is a combination of the words ‘Coping’ and ‘Opium’, referring to the crypto degenrates looking to cope with the mistakes they have made in the cryptocurrency markets. 

This community looks to promote laughter and humor, while offering users the opportunity to make gains in the market. Unlike many other tokens, $COPIUM was offered on an invitation-only basis during its token presale round. Popular social media personalities such as Faze Banks and DeeZe are some of the names Copium has collaborated with to promote the project. 

Notably, 200 of the largest $COPIUM holders from the presale were distributed with NFT airdrops. Along with the NFTs, they were given a bag of $COPIUM tokens in their cryptocurrency wallets. Once the presale ended, only 10% of the tokens could be directly unlocked. The remaining have to be vested for a three-week period, and will be unlocked linearly. 

For the presale, Copium allocated 300 million tokens, representing 30% of the 1 billion token supply. A further 1% of the supply has been allocated for airdrops and giveaways. The rest of the supply was released when Copium was listed on Uniswap, one of the most used decentralized exchanges in the space. 

As soon as $COPIUM was listed, the token offered huge growth. After listing at a price of only $0.001213, $COPIUM was trading above the $0.008 mark. According to DEXTools, $COPIUM is priced at $0.0059 per token, which is a 386% growth from the listing price. 

Those willing to diversify their portfolios can invest in this cryptocurrency for potential gains in the future. To learn more about this cryptocurrency, stay tuned for regular updates and developments by joining the Copium Telegram channel. 

3. Love Hate Inu (LHINU) - Vote-to-Earn Shitcoin to Buy With Utility

Finding promising new crypto shitcoins with long-term potential can be challenging due to the growing number of projects in the market.

Love Hate Inu is a project worth considering for investors as it aims to revolutionize online voting and polling and has the potential to solve real-world problems.

The project's presale has had a successful start, with its first phase attracting many investors who have contributed over $514,000 in just a week.

Each $LHINU token is currently available for purchase at $0.000085, and its price will gradually increase over 60 days as the presale progresses through its eight stages. 

By the end of the presale, each token's value will increase by 70.5% to $0.000145.

To know the step-by-step process of acquiring $LHINU, the beginner's guide details how to purchase Love Hate Inu tokens.

What is Love Hate Inu?

Love Hate Inu is the first utility meme token globally, allowing users to stake their tokens and cast votes for rewards.

The platform uses blockchain technology to implement a "vote-to-earn" mechanism, incentivizing users to cast votes and staking coins. This may revolutionize the way people participate in online polls.

Stake-to-Vote

The Love Hate Inu whitepaper outlines that with staked tokens, users can cast secret votes in polls without fear of spam or tampering.

The platform's voting system, admin dashboard, and user interface allow for polling, data collection, and surveying on community-relevant topics.

Should you Invest in Buy Love Hate Inu?

Love Hate Inu has the potential to revolutionize the voting process for online polls with its blockchain-based voting platform, making it a game-changing new entry in the cryptocurrency market. 

The platform relies on distributed ledger technology to ensure the authenticity of the data it collects.

The project aims to sell 90% of a maximum of 100 billion tokens to prevent a 'rug pull. 10% of all tokens issued will be held by the platform to guarantee long-term liquidity, cover the cost of exchange listings, and incentivize users.

Interested individuals can become part of the Love Hate Inu Telegram group to stay updated on the latest information.

4. Tamadoge (TAMA) - Emerging Shitcoin with $19 Million Completed Presale

Tamadoge has proven that it's more than just another coin with hype surrounding it and is one of the best new cryptos to buy. The hype is evident after it sold out its $19 million presale in less than eight weeks.

TamadogDespite bearish sentiment in the market, with many coins struggling, investors have been flocking to Tamadoge with crypto whales spending 55.8ETH and 40ETH in the final hours before the presale sold out.

TAMA is now listed on OKX with listings on the platforms centralized and decentralized exchanges.

The wider Tamaverse includes a play-to-earn (P2E) game enabling players to collect rewards for grooming their pets. Players can feed, exercise and breed digital pets to climb the leaderboard. The platform rewards players with TAMA tokens, which can be exchanged for fiat currencies.

One of the key factors that distinguish TAMA from other shitcoins - such as Dogecoin and Shiba Inu - is that it's a deflationary asset. Only 2 billion coins will ever be in supply and the developers plan to burn 5% of tokens spent on pet store purchases. That will make the coin scarcer, with investors valuing assets that are difficult to obtain.

The developers have set out a roadmap for Tamadoge, and exciting features are bound to make it even more valuable. Some of the developments include a P2E Arcade and an augmented reality app, which will make player and pet interaction more realistic.

To stay up to date with the game's latest developments, investors can subscribe to the Tamadoge Telegram channel. Please, be careful of imposters, the channel's admins never DM subscribers first.

Buy TAMA on OKX

5. Swords of Blood - Promising RPG Shitcoin to Buy in 2023

Swords of Blood is, without a doubt, the best role-playing game shitcoin to buy in 2023. The game is styled similarly to Diablo, requiring players to hack and slash through the enemy lines, with beautiful graphics, immersive gameplay, and addictive earning mechanics. 

The game is expected to be the first AAA-rated blockchain-based RPG on the Polygon blockchain. In the game, players have the option to become dungeon crawlers, battle-mages, or powerful warriors as they embark on a journey through the World of Ezura, which was sent into 1000 years of darkness after the Dragon Betrayer wiped out the Bladebound Order. It's up to the players to bring peace back to the world.

Swords of Blood has its MVP ready to play, allowing players to embark on a quest through the campaign mode with three tiers of difficulty. The MVP also includes the following game modes;

• Monster Hunt Dungeons - Battle of waves of progressively difficult monsters
• Boss Fortress - Team up with four other players to fight evil bosses.
• PvP - Compete against other players to rank in a leaderboard for prizes.
• Daily Dubgeons - Enter a special rift to play a daily selection of dungeons with rewards.

One of the primary goals of Swords of Blood is to become a gateway for traditional gamers to adopt Web3 gaming. When players sign up, a custodial wallet is created for them through Stardust, allowing them to store, buy, and sell tokens. This means they don't need to be blockchain-savvy and create their own wallet outside of the game. 

The game is steered by a veteran CEO with over 35 years of experience in the gaming industry and is backed by mammoth venture capitalists such as Solana Ventures and Gate.io labs.

The project is set to undergo a presale for its native token, $SWDTKN. The native token will be the game's main reward and transaction token and will be required for users to buy and sell items on the marketplace. Furthermore, the token is also required for users that want to progress through different hero levels and complete the game.

Overall, investing early into Swords of Blood presents a fantastic opportunity to get a piece of an AAA-quality game with acres of space to grow into following its official release.

Visit Swords of Blood Today

6. Mooky - New Charity token available to Buy on Presale 

Mooky is a shitcoin that aims to contribute to the environment by leveraging blockchain technology. $MOOK, the native token, is used to generate revenue, grow a community-driven ecosystem and contribute to various green charities. 

From a total token supply of 500 billion, 3% of $MOOK is used as a visible charity wallet. 70% is also allocated for the ongoing presale. Currently, one can purchase the token for $0.00000464. The presale will consist of 12 rounds, and the price will rise to $0.00003125 by the final phase. 

$MOOK tokens can be used to purchase NFTs on the ecosystem. Users will be able to mint 1,000 NFTs, each of which represents a real-life planted tree. Those holding the most valuable NFTs can access Mooky’s DAO, ‘Ventures Club.’ 

The DAO gives users voting rights to maintain the platform and offers exclusive access to airdrops. Mooky charges a 15% fee on all NFT transactions. 2% of this will be distributed to charities the platform works with. A further 5% will be sent to existing token holders.

Since the crypto presale started, Mooky has raised more than $460K. Read the Mooky whitepaper and join the Telegram channel to learn more about the presale and the project. 

7. Pikamoon (PIKA) - Best Shitcoin to Buy to Enter a Metaverse Play-to-Earn Game and Reap Rewards for Your Gameplay

Coming in sixth on our list of the best shitcoins to buy in 2023 is Pikamoon. In contrast to some other platforms, this new cryptocurrency project is a play-to-earn game with real utility. Taking place in the Pikaverse, the game immerses the player into a fictional world and pits them against other players in a battle of good against evil.

Players can join the platform by purchasing its native token, $PIKA. This will give them access to a free NFT character they can use to traverse the fictional realm. The game encourages them to build an army of NFTs, fight enemies, and complete challenges and quests for more $PIKA.

The ecosystem features a marketplace where players can use $PIKA to buy items and upgrades for their characters, trade items, and purchase additional NFTs. What’s more, they can also acquire NFTs by defeating them on the battlefield. According to the whitepaper, there will be 18,012 Pikamoon NFTs in the first generation of the game. To learn more about the project, you can join the platform’s Telegram channel.

P2E functionality has attracted a lot of attention early in the presale. As a result, the project has managed to raise more than $1.4 in the first few weeks. It is currently in its second presale phase at only $0.0004 per token. There will be another presale phase for $0.0006, which will increase the token's value by 300% compared to the initial presale price.

8. Spongebob (SPONGE) - New Shitcoin which is Soaring since its Latest Listing 

Spongebob is a decentralized meme cryptocurrency built on the Ethereum network. On May 4th, the Uniswap decentralized exchange listed $SPONGE, the platform’s native token. This ERC-20 token has a total supply of 40.4 billion tokens and was launched at a low price of $0.00005844. 

However, since the token’s launch on Uniswap, the price has risen to $0.00042 per token. This equates to a 618% price increase since the launch price. According to DEXTools, the token has a market cap in excess of $17 million and a daily trading volume of more than $11 million. 

While the token has soared immensely, meme coins have recently been among the most popular assets. Tokens like $PEPE and $BONK have sky-rocketed in price, resulting in the bullishness of this space. 

To learn more about the future of the $SPONGE token, read our Spongebob price prediction guide. This cryptocurrency claims to be the Krabby Patty of meme coins and aims to achieve a market cap of over $1 billion in the long term. 

Interested readers can buy $SPONGE now and enter the market while the price is still low. To learn more about Spongebob, join the telegram channel. 

9. Scorpion Casino (SCORP) – A Licensed, Transparent, and Provably Fair Social Gambling Platform

SCORP, the native crypto of Scorpion Casino, is not exactly a shitcoin. While shitcoins are basically useless cryptocurrencies that can trigger double-digit and triple-digit rallies overnight, SCORP is a utility-rich token with similar but sustainable growth potential. It has high relevance in the fast-growing online gambling and betting market.

The governance and reward token fuels the Scorpion Casino ecosystem, which includes:

• A licensed crypto sports betting & casino platform
• A reward & referral affiliate system

The first-of-its-kind social online gambling platform gives you access to more than 30,000 bet opportunities monthly. This will be spread across 200+ casino games like slots, blackjack, roulette, poker, and 160 live games. In addition, there is a sports-betting section. It covers a wide range of football, tennis, American football, horse racing, basketball, golf, boxing, and MMA events.  

The blockchain base of the casino and the sports betting section makes them transparent and provably fair. Unlike traditional platforms, the platform is not designed to manipulate participants and squeeze money from them. Another factor that underscores Scorpion Casino’s focus on providing a safe gambling experience is its choice of major providers. Only highly reputed platforms like Evolution, NetEnt, Play N Go, Novomatic, EGT, and AMATIC have made the list. It has also partnered with leading platforms like CoinsPaid and BitRadar to provide a seamless gaming experience.

With Scorpion Casino, you can earn up to $10,000 as daily passive income by holding SCORP in your wallet. Apart from its core utilities, SCORP is supported by a deflationary token-burning mechanism. It maintains a healthy value for the token in the open market and makes it largely immune to market volatility. 

Scorpion Casino has already secured a top-tier CEX listing owing to its focus on providing a safe gambling experience. The names of the exchanges that will list SCORP will be announced soon. Follow the platform on Telegram and Twitter for the latest updates. 

The presale of SCORP is now live, opening one of the most lucrative crypto investment gateways of this year. Get 20% extra tokens with the Exclusive Bonus Code Scorpion20, live for a limited period only.

(Enroll in the Elite Scorpion Members Club for extra tokens, rewards, VIP service, and cashback at the presale, starting from $1000.)

10. Dogecoin (DOGE) - Globally Recognized Ultimate Meme Coin

One of the top shitcoins that has provided investors with huge returns is Dogecoin - the development of DOGE started out as a joke, but the coin's massive price spike has made many investors take it seriously.

DOGE wasn't on many investors' radar until the 2021 crypto rally, when it provided more than 10,000% returns for investors who bought the coin at the beginning of 2021, thanks to Elon Musk's continued social media endorsements. As a result, many crypto enthusiasts have been asking is it too late to buy Dogecoin today?

However, since its May 2021 all-time high of $0.71, Dogecoin has lost just over 90% of its value - despite that, many investors believe it remains one of the best meme coins to invest in.

Adoption has been one of the factors rallying the support of the DOGE community, with electric car maker Tesla accepting payments in Dogecoin. Other big corporations accepting the coin as payment are AMC Theatres, GameStop, Twitch and Newegg.

One of the benefits of investing in Dogecoin over Bitcoin is that it's more efficient. Dogecoin's mining is faster and uses less energy. 

Buy Dogecoin on eToro

Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.

11. Shiba Inu (SHIB) - Popular Meme Coin Aspiring to be Dogecoin Alternative

Hot on the heels of Dogecoin's hype as the ultimate meme coin was Shiba Inu. This meme project used an extremely effective marketing strategy to position itself as the next best thing to Dogecoin. 

Shiba Inu used social media and influencers - as well as its message as a 'DOGE Killer' - to get the word to the masses about its intention of replacing Dogecoin.

Many investors linked Shiba Inu's logo of the dog to Dogecoin, believing that the two projects were intertwined. It was pure investor speculation that resulted in a SHIB price rally of more than 1,000% during October 2021. After the hype was over, Shiba Inu's price crashed by more than 90%, but it has slightly recovered. 

But is Shiba Inu a good investment in 2023? This project is trying to distance itself from its meme coin label and is striving to convince investors it offers utility by evolving into a vibrant ecosystem. Shiba Inu will have to work hard to convince the market of its value, as its price crash is the consequence of many investors believing it has no utility.

Buy Shiba Inu on eToro

Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.

12. ApeCoin (APE) - Top NFT Crypto Supporting the Gaming Evolution

The NFT market has taken off in the last 18 months and at the center of the movement is an NFT project Bored Ape Yacht Club (BAYC). The celebrity endorsement of this project has resulted in certain BAYC NFTs selling for millions of dollars.

ApeCoin is the native token of the Bored Ape and Mutant Ape ecosystem. To enter BAYC and take full advantage of it, investors need to own APE. This crypto project's developers were adamant about providing utility for the coin by ensuring it's an ERC20 token to serve as a protocol layer for community-led initiatives driving culture into the Metaverse.

APE is specially designed for the Web3.0 ecosystem and plays a key role in the Ape Foundation, which strives for the growth and development of the APE ecosystem. 

The APE DAO is vital for managing and building a globally dispersed community. ApeCoin's platform seeks to be at the forefront of the gaming evolution and use Web3.0 to build a culture that expresses itself through art and events.

Buy ApeCoin on eToro

Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.

13. Balancer (BAL) - Ethereum-based Software Incentivizing Pool Funding

BAL is the token powering the Balancer platform, an automated market maker (AMM) enabling traders to add liquidity to pools while earning trading fees. The platform enables the trading of cryptocurrencies without needing to use an exchange. 

Developed within this platform are features that reduce transaction costs, enable custom AMMs and boost capital efficiency. Balancer provides index-like funds for cryptocurrencies, called Balancer Pools.

Investors choose their preferred pool and invest assets in it. The platform rewards investors with BAL tokens for supplying liquidity and a share of the trading charge the network received for using their assets. The liquidity supplied by investors is crucial for the platform's survival as it enables traders to buy and sell cryptocurrencies.

Balancer's Smart Order Router searches the pools to find traders the best prices for cryptocurrencies. Traders adjust the Balancer Pools to ensure that the deposited tokens are equally weighed.

Buy Balancer on eToro

Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.

What Defines a Shitcoin?

Most shitcoins don't offer any utility, meaning it doesn't solve a real-world problem and only exists to grow in value. It exists on the blockchain in the form of a meme coin and gained traction because of hype manifested by celebrities.

Shitcoins usually tend to have a low market cap and a high circulating supply. Exceptions to this rule exist and some coins are deflationary, meaning their supply decreases through token burns. Most shitcoins have a large circulating supply.

Is a Shitcoin Investment Valuable? 

Investors should determine if their investing goals align with a shitcoin's offering. If it does, then a shitcoin investment might provide some value. The best we can do is mention several elements that are in a shitcoin's favor.

Community Support

A key reason that coins such as DOGE and SHIB had such massive rallies was massive community support.

The communities made a big fuss over their coins and purported them to be the next big thing, attracting other investors. The hype around these coins ended up being a self-fulfilling prophecy since Dogecoin and Shiba Inu provided investors with massive returns.

Celebrity Endorsements

It's not only the shitcoin token holders who lured investors in, as celebrities played a major role. They used the power of social media to advertise projects to their massive audiences. 

No doubt that most of them were financially incentivized to promote a project, but it worked.

Buy TAMA on OKX

Conclusion

Our detailed reviews include where to buy shitcoins and shitcoin prices for certain assets. After comparing all of the assets, we found that Wall Street Memes is a popular shitcoin. $WSM stands at a unique intersection of meme coins and NFTs. With solid community backing, Wall Street Memes could offer a substantial upside in the coming times.

FAQ

What coins classify as shitcoins?

It's mostly meme coins like Dogecoin and Shiba Inu that classify as shitcoins because they provide no real utility. They gained their stature from celebrity endorsements and their communities hyping them up to be more than they really are. Some shitcoins are the exception and enable investors to earn rewards.

What shitcoin should I invest in?

Wall Street Memes is a new shitcoin that launched its presale on 26 May 2023. Since the launch, the platform has raised over $940k at press time.

Are shitcoins a good investment?

It's important for investors to compare their investing goals to what shitcoins offer. If the two coincide, then a shitcoin might be a good investment. Each investor needs to decide for themselves if shitcoins are a worthwhile investment, but all crypto assets are risky investments. Investors must practice caution and do their due diligence.

Where can I buy shitcoins?

Investors can buy shitcoins on eToro. Some of the coins available on this exchange are Dogecoin, ApeCoin, Shiba Inu and Balancer. eToro offers more than 75 cryptocurrencies.