Odos (ODOS) is a multichain DEX aggregator offering optimal swaps, gas-inclusive rates, multi-token trades, and a loyalty program.

 (DeFi) sector has long been a key driver of growth for another type of protocol in this area — DEX 

 platforms. These aggregators scout the DEX ecosystem accessible to them to find and execute token swaps at optimal rates for their users. As the DEX landscape has grown increasingly complex and varied, aggregator platforms have become more relevant to the needs of DeFi users.

In the niche of DEX aggregators, Odos provides a solution that stands out, thanks to its intent optimization algorithm, an extensive network of used blockchains and protocols, an efficient order routing mechanism and a sophisticated multi-token swap functionality. Although Odos isn't among the heavyweights of the DEX aggregator category just yet, it features the ability to access liquidity on 14 chains, boasting some of the broadest coverage of sources in this sphere.

 (ODOS) is a cross-chain DEX aggregator that offers users the best possible swap rates, thanks to its intent optimization order routing and its extensive network of accessible chains and protocols. 

As of late December 2024, Odos boasts the ability to access liquidity on over 900 protocols across 14 blockchain networks. The platform's coverage of liquidity sources is among the highest among DEX aggregators. Some of the leading chains accessible to Odos are 

 (AVAX), to name a few. The platform can also access DEX liquidity on smaller networks, such as 

 (SOR), its proprietary algorithm, to search for the optimal swap deals for user intents across a vast network of liquidity sources. The platform's intent optimization algorithm scans available 

 sources via complex, nonlinear paths in order to identify and deliver the best rates.

The Odos aggregator supports different kinds of orders, including simple swaps, multi-token swaps and 

. Its simple swaps offer users guaranteed rates, without sneaking in any hidden charges, such as gas fees or 

 rate losses. When a user requests a swap quote, the protocol finds the best possible deal, inclusive of gas fees and other charges. The effect of slippage is also taken into account so as to avoid surprises for the user. In short, the rate you see is what you pay, with no additional fees involved.

Odos also offers multi-token atomic swaps, sophisticated order types involving token swap combinations within one transaction. You can request swaps with multiple sell tokens at specified amounts and one or more buy tokens at preferred proportions. For instance, the image below is a screenshot from the Odos app showing a request to sell one Ether (ETH) token, one 

 (ZRO) token, via a single atomic transaction, to buy MakerDAO's 

 (USDT) stablecoin at a 50/50 proportion.

Odos also supports limit orders, so you can specify a target price for a token pair and have your order executed only if the desired rate is reached.

At the heart of the Odos platform is its intent optimization system, which scouts the network of 

 across the entire ecosystem accessible to the protocol to find the best ultimate path for your swaps. In total, Odos has access to over 55,000 DeFi assets. Nonlinear, complex search routes are employed to source the best swap deals.

The rates Odos finds usually include gas fees to avoid uncertainty for users, and the protocol optimizes gas costs through the integration of 

, a leading gas estimation solution. In some cases, Odos might suggest routes involving higher gas fees, but only if the gains from the lower rates that it finds outweigh the expenditure on gas. In short, the routes and rates Odos finds take into account all the fees involved.

Odos is a permissionless system, and doesn't hold user funds in its own custody. It simply finds optimal routes for swaps by leveraging its 

, which are regularly audited by third parties to ensure the security of the entire platform. As of December 2024, Odos has undergone three audits conducted by two reputable blockchain security companies — Zellic and Halborn.

Some order types on Odos (e.g., simple swaps) protect users from slippage rates by providing guaranteed quotes inclusive of all fees. For other swap operations, users can specify slippage rate limits, and their intended transactions will only be executed if the final rate stays within the acceptable slippage limit.

While not all components of the Odos platform are open-source, the critical order router system is, further ensuring the transparency of the protocol.

The project also offers an API for developers to easily integrate Odos's smart order routing into their own platforms. There’s a free API access mode, with a limit of 600 requests per five minutes. For any higher volume requirements or unlimited access, developers can get in touch with the Odos project for paid API plans.

Odos Zaps allow you to transform any crypto assets you own into 

 in one seamless transaction. Zaps offer 

 v2–style pools in which the ratio of provided tokens is fixed at 50:50. However, unlike standard Uniswap v2 pools, Zaps liquidity provision doesn't result in losses due to any imbalance in the ratio of contributed assets.

To correct any deviations from the 50:50 ratio at the liquidity provision stage, Odos Zaps recalculates and rebalances your asset contributions to deliver you the maximum number of LP tokens. Such rebalancing is used for standard Uniswap v2–style pools.

Additionally, Odos Zaps can be used for non-standard pools that don't conform to the Uniswap v2 format, and any imbalances in your asset contributions are returned to your wallet — instead of being rebalanced — so you pay only the minimum required amount for your LP tokens.

The Odos Loyalty Program rewards users based on the amount of transaction revenue generated from their on-platform trading activities. Rewards are calculated for each epoch (which currently lasts 30 days). The primary rewards within the program are transaction fee rebates, which are paid out to users (after each epoch) in ODOS tokens.

Rebate rates vary by tier, with each membership tier based on a specific number of ODOS tokens locked on the platform. The more ODOS you lock, the higher the rebate percentage. Loyalty badges are given to users who attain certain membership tiers. The table below shows the rebate rates and ODOS requirements for each tier of the program.

The Odos DAO is the platform's decentralized, community-driven governance structure. It's designed to support all matters related to Odos's governance and decentralized development, including facilitating on-chain voting by ODOS token holders. Both the DAO and the platform's 

, ODOS, were launched in December 2024, more than two and a half years after the platform's April 2022 public launch.

The platform's native cryptocurrency, ODOS, is an 

 Layer 2 chain. As noted above, ODOS is used for governance purposes. Token holders can vote on proposals concerning the protocol's future direction, development and rules. Each ODOS token entitles the holder to one vote.

Besides governance, ODOS is also used within the platform's Loyalty Program for transaction rebate payouts and to qualify for different membership tiers.

ODOS is a supply-capped token, with a total and maximum supply specified at 10 billion. The token's supply allocation shares are per the figure below.

The ODOS token is available on Bybit's Spot market as a 

. You can also take advantage of Bybit's 

 (running through Jan 2, 2025, 9AM UTC) for the chance to grab a share of the 9.5 million ODOS prize pool. The first 6,000 new users who complete basic identity verification can earn 1,000 ODOS if they accumulate a deposit volume of at least 3,000 ODOS, or deposit at least 100 USDT and trade 100 USDT worth of ODOS for their first trade with Bybit.Meanwhile, existing users can qualify for up to 

 by trading at least 500 USDT worth of ODOS on the Spot market.

Odos's optimal order routing solution offers DeFi users a unique way to conduct both simple and multi-token swaps and take advantage of the best rates available across no fewer than 14 blockchain platforms. As Odos increases its number of integrations and partners, it will be able to further optimize transaction costs and ensure that users can benefit from some of the most competitive swap rates available in the world of DeFi. Whether you’re after a complex multi-token swap functionality, or would like the certainty of guaranteed simple swaps with no hidden fees, the Odos DEX aggregator has something in store for you.

Intermediate

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Odos (ODOS): Simple and Secure Multichain Swaps

Syrup is a DeFi platform offering institutional-grade yields powered by Maple. Find out more about the fast-growing protocol with over $230 million in total valued locked (TVL).

 (DeFi) platform designed to bring institutional-grade lending yields to a broad audience. Built on Maple’s proven lending infrastructure, Syrup allows users to earn consistent yields by participating in overcollateralized lending pools. Syrup stands out for its integration with major DeFi protocols.

This article explores Syrup’s features, tokenomics and staking opportunities, showcasing its ability to bridge institutional-grade lending with DeFi accessibility.

This article also highlights the innovative SYRUP token, staking mechanisms and security measures on Syrup that ensure both scalability and reliability in the DeFi space.

 is a DeFi platform that offers institutional-grade lending yields to retail and DeFi users. Powered by Maple, Syrup facilitates overcollateralized, fixed-rate loans to institutional borrowers, ensuring consistent returns for users. 

With a TVL of $232.8 million, an average APY of 22.4% and a collateral ratio of 173.1%, Syrup has quickly become a trusted name in the DeFi space. 

By allowing users to deposit USDC or USDT and earn yield through LP tokens like syrupUSDC, Syrup combines Maple’s lending infrastructure with DeFi’s permissionless access to create a seamless earning experience.

 is a leading institutional lending protocol in the DeFi space, designed to deliver fixed-rate, overcollateralized loans to institutional borrowers. Established in 2019, it plays a pivotal role in Syrup’s ecosystem by providing its robust lending infrastructure.

By merging the strengths of traditional finance (TradFi) with blockchain efficiency, Maple sets the foundation for Syrup to offer institutional-grade yields to DeFi participants.

Yield Opportunities and Institutional Lending From Maple

Syrup is powered by Maple’s lending infrastructure, leveraging its expertise in fixed-rate lending and compliance to deliver consistently high yields. By tapping into Maple’s ecosystem, Syrup enables permissionless access to institutional-grade lending for DeFi participants.

By combining Maple’s structured credit framework with Syrup’s permissionless accessibility, the two platforms create a seamless bridge between TradFi and DeFi for institutional-grade lending opportunities.

Syrup offers a suite of features designed to simplify earning yields and managing assets in the DeFi space.

By combining lending, staking and reward mechanisms, Syrup offers a streamlined approach for users to generate high yields while actively participating in the platform’s ecosystem.

Syrup operates as a layer on top of Maple, simplifying access to institutional-grade DeFi yields. It abstracts the complexities of Maple's permissioned system to allow seamless user interaction while leveraging Maple's robust lending infrastructure. 

By streamlining access to institutional lending, Syrup empowers users to benefit from Maple's high yields with reduced operational complexity. This user-centric design makes DeFi yields more accessible while maintaining robust security.

The Syrup token (SYRUP) operates as the core utility token of the Syrup platform, bridging its DeFi ecosystem with institutional-grade lending from Maple.

SYRUP provides staking incentives, governance rights and utility across both Syrup and Maple’s ecosystems, ensuring active engagement and long-term value for holders.

Staking SYRUP tokens allows holders to earn rewards while contributing to the ecosystem's growth. Here’s how the staking mechanism works:

Staking rewards, governance participation, and instant unstaking options make SYRUP staking attractive for its ecosystem’s participants.

Syrup effectively bridges institutional-grade lending with DeFi accessibility, offering consistent yields, seamless staking and robust integrations with the Maple ecosystem. With strong tokenomics, comprehensive security audits and a clear road map for growth, Syrup has positioned itself as a leader in sustainable DeFi solutions

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Syrup: Institutional DeFi Yields

MOODENG surged significantly following a donation from Ethereum co-founder Vitalik Buterin, who adopted Moo Deng, a pygmy hippopotamus, and contributed a substantial amount to support wildlife conservation. 

The S&P 500 dropped 0.04%, halting a potential "Santa Claus rally." It has risen 26% in 2024, with attention now turning to the Fed's 2025 policy and geopolitical risks. Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 3.15%, with Bitcoin and Ether dropping by 3.65% and 3.81%, respectively in the past 24 hours.

Today's top performer is ME, which surged 13.9% following the launching of 'Mooz' by Cool Cows on the Magic Eden Launchpad.

Magic Eden (ME), launched in September 2021, is the largest NFT marketplace on the Solana blockchain, allowing users to buy, sell, mint, and manage tokens. Cool Cows announced the launch of "

" on Magic Eden Launchpad on December 27th. They encourage joining their Discord for a chance at WL or OG spots before launch day.

Check Out the Latest Prices, Charts, and Data of 

MOODENG surged significantly following a 

 from Ethereum co-founder Vitalik Buterin, who adopted Moo Deng, a pygmy hippopotamus, and contributed a substantial amount to support wildlife conservation. Despite the explosive price increase, analysts warn that the gains may be temporary due to broader market volatility and overbought conditions. Trading volumes spiked, but technical indicators suggest potential corrections. Overall, market sentiment remains cautious, with predictions of possible price dips before stabilization.

Yesterday, the total flow for BTC Spot ETFs was 418.7 million, with 442.9 million in non-GBTC and a -24.2 million flow in GBTC.

 is scheduled for January, with draft criteria revealed during an AMA. Participants can earn JUP tokens based on their swapping volume, starting at $800 for 50 JUP. Higher volumes can earn up to 20,000 JUP. Additional allocations are available for users of Jupiter's Perps, DCA, Limit Orders, or VA features, as well as JUP stakers and governance participants. These criteria are draft and may change.

Beginner

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MOODENG Soars After Vitalik Buterin's Wildlife Donation

Ripple USD (RLUSD) is a stablecoin designed to provide efficient, low-cost solutions for cross-border payments and DeFi, backed by U.S. dollar reserves.

 are the key to solving major financial challenges such as cross-border payments, and may soon replace many traditional fiat uses. 

 (RLUSD) aims to play a central role in this shift, offering stability and efficiency for global transactions and 

 (DeFi). This article will dive into what Ripple USD is, how it works, its main features, use cases and its potential impact on the broader stablecoin market.

Ripple USD is a stablecoin from Ripple Network, designed to maintain a 1:1 peg with the U.S. dollar for stability. This stability is achieved through a collateralization mechanism supported by U.S. dollar deposits, short-term government treasuries, and other cash-equivalent assets, offering a secure and reliable digital currency.

Ripple USD is designed to provide a reliable digital currency for everyday use and to solve several challenges in the crypto and financial worlds:

Ripple introduced RLUSD in June 2024 primarily to streamline cross-border transactions for institutional players. The stablecoin has been in beta testing since August on XRP Ledger and the Ethereum blockchain, and achieved a significant milestone in December 2024 when it received approval from the New York State Department of Financial Services (NYDFS). This regulatory nod highlights RLUSD's commitment to meeting stringent standards, strengthening its credibility and earning trust from users and investors alike.

With the NYDFS approval in place, RLUSD is set to launch on both the XRP Ledger (XRPL) and Ethereum’s blockchain. Ripple will follow up with listings on exchanges including Uphold, Bitstamp, Bitso, MoonPay, Independent Reserve, CoinMENA and Bullish, with plans to expand its presence across other platforms and DeFi protocols in the future. Given Ripple's strong reputation for collaborating with financial institutions, RLUSD is poised to give established stablecoins like 

The Ripple USD (RLUSD) stablecoin is built for efficient and reliable cross-border transactions. Each RLUSD is fully backed by U.S. dollar deposits, short-term U.S. Treasuries and cash equivalents, ensuring it maintains a 1:1 peg to the U.S. dollar. This backing provides the stability users need for secure and predictable transactions.

RLUSD will run on the XRP Ledger and Ethereum blockchains as an 

 token to maximize compatibility with a wide range of wallets and DeFi applications. Transactions are processed via Ripple’s decentralized network, which uses a unique 

 to achieve near-instant settlement times — typically within three to six seconds. Unlike traditional blockchain systems, this process doesn’t rely on energy-intensive mining, making it faster and more eco-friendly.

 integration adds another layer of functionality, enabling RLUSD to power automated financial operations. This opens the door to innovative DeFi products and services, from lending and borrowing to yield farming. Currently in beta testing with enterprise partners, RLUSD is undergoing rigorous testing to meet high standards of security and efficiency before its official launch.

Ripple emphasizes transparency, with third-party audits of RLUSD’s reserve assets and regular progress updates. This commitment positions RLUSD as a trustworthy and versatile player in the growing stablecoin market.

Ripple USD (RLUSD) offers strong liquidity for key trading pairs on select 

 (CEXs). This feature ensures that users can buy and sell RLUSD with ease without causing major price fluctuations, resulting in a smooth and efficient trading experience.

RLUSD is issued on both the XRP Ledger and Ethereum blockchain, giving it broad compatibility across multiple ecosystems. This dual issuance ensures that RLUSD can easily be integrated into various platforms and applications, increasing its accessibility and usability across different networks.

With RLUSD, transactions can be settled almost instantly and at minimal cost, no matter where you are in the world. It reduces fees and speeds up cross-border payments and makes the process faster and more cost-effective by cutting out traditional banking intermediaries.

Integrating RLUSD into smart contracts enables automated financial operations, which are more efficient and accessible. This enhanced accessibility empowers users to easily buy, on-ramp, trade and engage in other activities within the DeFi ecosystem. RLUSD thus simplifies financial transaction management to create a more user-friendly DeFi experience.

, a trusted platform for securely managing digital assets, is already widely used by financial institutions and innovators. It combines institutional-grade security with 24/7 real-time execution, ensuring assets are safe while also easily accessible for fast transactions. Ripple Custody’s advanced governance framework streamlines operations, integrates seamlessly into existing technology systems and offers valuable additional services.

Designed for efficiency, Ripple Custody automates manual tasks and simplifies back-office operations, making asset management smoother and faster. The platform also supports flexible deployment options — Software as a service (SaaS), customer-hosted or hybrid models — so organizations can customize it to their needs. Whether for tokenization, stablecoin issuance or overall asset management, Ripple Custody is a key tool for building a strong digital asset strategy.

Ripple Custody plays an essential role in managing the security and integrity of Ripple USD (RLUSD). It ensures the underlying assets — such as U.S. dollar deposits, short-term Treasury bonds and other cash equivalents — are securely held and transparently managed, providing the stability needed for RLUSD to function effectively.

Ripple USD is designed to streamline various financial applications within the cryptocurrency ecosystem. Following are some of the key use cases for RLUSD.

Ripple USD has received final approval from NYDFS and is expected to launch soon. Initially planned for a Dec 4, 2024 release, the launch was delayed due to regulatory processes, but is now anticipated to occur before the end of 2024, as 

Ripple USD is a stablecoin designed to offer a reliable, low-cost solution for cross-border payments and DeFi. Backed by U.S. dollar reserves, it ensures stability while offering quick transactions and broad blockchain compatibility. With regulatory approval and strong institutional backing, RLUSD is positioned to challenge established stablecoins. However, its success will depend upon widespread adoption and effective integration into Ripple's ecosystem, making it a promising yet competitive investment.

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Ripple USD (RLUSD): A Stablecoin Built for Payments

Altcoins

Shitcoins have never made a good impression, but Doge and Shiba Inu coin surprise us in all kinds of ways. So what's a good or lousy shitcoin? Here's what you must know.

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In the last year alone, cryptocurrency investors have lost almost 

 at the hands of exit scammers through various projects promoting their shitcoins. During and after the recent bull run of 2020–21, the cryptocurrency market has matured to attract institutional investors across the board. But the shitcoin saga hasn’t slowed down a bit. 

If cryptocurrency’s history has taught us one thing, it’s that every 

 brings along a shitcoin season with various pump-and-dump schemes, exit scams, rug pulls and get-rich-quick cons that deprive investors of their hard-earned money. 

However, some shitcoins manage to produce phenomenal short-term returns. Perhaps the most famous example is the memecoins like 

, a Twitter-fueled shitcoin that rallied over 

 this year. This guide will discuss shitcoins and their history, ways to identify them, and whether or not they are worth your investment. 

Shitcoins are technically altcoins but become worthless over time, due to their flawed fundamentals. The coins have little to no value and do not serve any apparent purpose. They rely heavily on misleading marketing, mainly through a network of micro-influencers on social media. 

Not necessarily as some of them are backed by a strong community. Think of 

, which started as a Bitcoin parody and wasn’t meant to serve any real-world utility. However, a strong community of Twitter warriors and influencers like Elon Musk pumped it to new 

 levels during the 2020–21 bull run. 

On the flip side, shitcoins do have its unethical side. Since the last bull run of 2017, when we witnessed the ICO boom, many things have changed in the cryptocurrency ecosystem as it has matured. This also means that the ways shitcoin projects steal money from investors have evolved. 

Any shitcoin project today can be classified in either one of the following two categories: 

In the aptly named rug pull, a cryptocurrency team abandons a project after raising a significant amount of funds from the investors, leaving them with worthless tokens. Rug pulls often happen on 

) allow developers to launch and list their tokens without necessary audits or a vetting process. Malicious developers are able to list their tokens on a DEX (like 

) and pair them with ETH or any other leading cryptocurrency. They also provide liquidity and lock a small amount of funds to gain investor confidence. 

Now, this is where a rug pull comes in. Once a large number of investors swap their ETH tokens for the listed token, the developers then pull out all the liquidity (ETH), leaving investors with worthless tokens.

The listed tokens skyrocket in value during this process, up to 50X or even 100X within a few hours. This sudden rise in value creates a fear of missing out (FOMO) effect, bringing new investors. Once the value hits the ceiling, the team pulls out all the liquidity.

Exit scams are similar to rug pulls, but they don’t involve pulling out any liquidity because they don’t usually occur on a DEX. Instead, the team launches a project with a coin which is usually a fork, may it a 

 of an already established project. They launch the project, sell the coins and then disappear.

 were run in 2017, at the peak of the ICO boom. In a classic exit scam, the developers clone a leading project, make some changes and rebrand it, offering the coins through their platform in exchange for ETH, BTC, or any other leading cryptocurrency. 

Once they accumulate enough coins, they abandon the project and let it run on autopilot. In both exit scams and rug pulls, big marketing budgets are involved in promoting the shitcoin. The marketing brings in new and naive investors, who are primarily driven by FOMO. These investors get rich on paper, seeing a massive appreciation in value; but in reality, they can’t cash out. 

Let’s talk about the “good” shitcoins now. Even though these shitcoins can’t be compared to some of the leading cryptocurrency projects, they are favorable in terms of their perceived value.

A subset of shitcoins is dubbed “memecoins,” inspired by viral internet memes. Memecoins are promoted heavily on social platforms like TikTok by micro-influencers. They have been recognized as a separate category among some of the leading aggregators like CoinMarketCap. Dogecoin is a memecoin inspired by the 

 which became a viral internet sensation back in 2013, dubbed the “meme of the internet.” 

Most crypto terminologies like HODL and 

 came from conversations over the famous 

, and the term ”shitcoin” is no different. It was coined (no pun intended) by a Bitcointalk forum member in a thread initiated by Gavin Andresen (once known as the face of Bitcoin) on November 8, 2010. 

You might be surprised to learn that some of the leading cryptocurrencies like 

. Charlie Lee, the creator of Litecoin, once said in an interview and on his twitter (with a touch of sarcasm) that Litecoin is the best shitcoin out there!  


The history of shitcoins can be traced back to Bitcoin in which many small cryptocurrency projects were launched to deviate from Bitcoin but didn’t get to the mainstream, becoming worthless over time. 

However, the shitcoin saga came after the launch of an Ethereum platform that allowed anyone to launch their tokens with just a few lines of code. As a result, people began launching a plethora of tokens with no utility or real-world use case.

” resulted in so many shitcoins being launched that they crashed the whole crypto market at the end of the 

Shitcoins see a significant surge in price when they’re launched, but over time, it’s all too often a flat line chart with no pulse.

Let’s look at two such examples: SALT and PPT.

. Within a month, it reached its peak with an ATH value of $16. That’s a nice 100% return, but what happened next? 

The team abandoned the project, leaving it with no discernible pulse, valued at just over $0.30 at time of writing.

. It traded at $1.90 at launch and surprisingly reached an ATH value of $74.85 within two months. That’s a lot of return, with a show of future promise. 

However, here’s what happened next: the 

 and it careened downhill from there, ending up with a flat line chart. PPT is still around and, at the time of writing, is valued at just over $2.50.

However, some shitcoins manage to defy death, reviving with the backing of a robust and vibrant community. The famous Dogecoin was taken as a joke,  worth a small fraction of a penny at launch in 2013. However, at the start of the 2020 bull run, celebrities and influencers picked up Dogecoin and created massive hype around it. Dogecoin rallied over 12,000% in just a matter of months. 

DOGE has become a Twitter sensation. Elon Musk, CEO of Tesla and SpaceX, has announced the launch of the “DOGE-1” satellite which will literally go 

. Not only is the name itself intriguing, but the entire satellite project was paid for in DOGE coin. Who would have thought a memecoin that started as a joke would go to the moon?

Many of the shitcoins coming up these days follow the memecoin mania because of Dogecoin’s unfathomable success. Unlike other established cryptocurrencies such as BTC and ETH, these memecoins generate a massive return in a very short period of time. But most of them have little to no liquidity, so there is no way you can cash them out. 

There is a concept in traditional finance called “

,” which means that with an increased amount of risk, the chance of potential return rises. Investing in shitcoins is a high-risk/high-return proposition. You can make a lot overnight — or lose a big chunk of your investment pretty quickly. 

There are shitcoin projects like Dogecoin and Shiba Inu that managed to generate 

 in a very short period of time, but there are also projects which became worthless a week after their over-hyped launch. The returns can be enormous, but the risk is always there to consider.

All the shitcoins in the ecosystem have one common trait: they have flawed fundamentals. Therefore, the underlying technology or 

 doesn’t really matter. You have to rely on strong 

, using various indicators to figure out buy and sell signals. The shitcoin market is so volatile that people often use bots, which can perform multitudes of trades in split seconds. 

Aside from a strong technical analysis, there is one important metric that you need to consider: 

Shitcoin projects that manage to produce significant returns are fueled by the underlying community. This means supporters, celebrities, and influencers who pump up the value. Those shitcoin projects that are relatively new find it very hard to build a strong community. Older projects — with some legacy or a story attached to them — have an edge in community building. For this reason, they can be worth trying out. 

Scammers and shitcoiners are getting more and more sophisticated in their strategies. Their coins can closely mimic legit coins in order to gain investor confidence. Here are some of the characteristics you can look at to spot a shitcoin: 

The biggest differentiating factor between a shitcoin and a legit coin is the team behind it. Before investing in any project, you should look at its team, and at their backgrounds and work histories. Shitcoin projects often have shady team members with no work histories, and perhaps phony social profiles that are created just for their project. 

Compared to legit coins, shitcoin projects don’t have proper documentation (like white paper). Their statements are vague, with false promises for a better future.

Legit coin ventures focus a lot on documentation and they don’t talk about token price. Instead, they talk mostly about the underlying technology — and particularly how they aim to improve it over time to increase the adoption of their products. Shitcoins have very little documentation, instead of focusing entirely on token price. 

Every legit coin has a strong and vibrant community. Substantial shitcoins like DOGE are also backed by a community, whereas the proprietors of bad shitcoins don’t focus much on their community building. There is always the possibility they may attempt a rug pull as soon as they can in order to steal funds from investors. 

The shitcoin mania isn’t going to slow down anytime soon. Before investing in a shitcoin project, perform your proper due diligence to identify the good players from the bad ones. Some shitcoins are created as a joke, but they may still aim to build a strong community. Others are specifically engineered to steal investors’ funds. 

Shitcoins have a very high risk/return tradeoff, so invest wisely to avoid losing a big chunk of your hard-earned money. 

How to Know if a Shitcoin Is Good or Bad

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards