Some folks name them cryptocurrencies. Others name them altcoins or alts. But to many they’re often called shitcoins: digital currencies which might be like bitcoin however, nicely, crappier. Sure, they might boast sooner transactions and decrease charges, however they lack the model recognition, community results and catchy identify. Without, they had been destined to be doomed.
What’s in a Name?
Deadcoins.com is a repository of the worst cash ever foisted upon the cryptocurrency group. Some had been at all times a joke; others grew to become a joke; and others had been merely cursed with unlucky names which meant they by no means acquired off the bottom. Highlights embody Scamcoin with its “innovative proof of scam system” and AssPennies: “Created in 2014, this coin was the shittiest of the original shitcoin craze”.
Other classics which might be lifeless within the water embody Fck Banks Coin, Fellatiocoin (it blew), Groincoin, and Crimsoncoin whose devs “sold their coins and ran off in less than a week”. No prizes for guessing what occurred to DodoCoin. If you assume that’s as little as it goes, strap in and maintain on tight cos we’re simply getting began.
Lying within the Gutter While Looking on the Moon
Among the also-rans that litter Deadcoins are the next monstrosities: AllAgesCoin, Alcohoin, Allahcoin, BlobbyCoin, Boringcoin, Crapcoin, CryptoMeth, Dubstepcoin, DeleteCoin, FAILCoin (it even made Coinmarketcap), FraudCoin, Furrycoin, KarpelesCoin, MtGoxcoin, Klingon Empire Darsek and Brokebackmountaincoin. But even when we take the lifeless cash out of the equation, the present crop of hopefuls doesn’t bode nicely.
Head to Cryptopia and you could find such tradable delights as Unobtanium Condensate (its ticker is RAIN), FootyCash, SiberianChervonets, LiteDoge, Athenian Warrior Token (the one ATH it’ll be seeing is its ticker), HomosexualCoin, KangarooBits, BenjiRolls, StopTrumpCoin, WeAreSatoshi, FuzzBalls, HodlBucks (okay in order that one’s type of cool truly), and Cthulu Offerings.
There’s a Shitcoin Born Every Minute
If your Cryptopia baggage are at present dragging you down, a minimum of you didn’t attempt to purchase Chichicoin. Launched in 2014, Deadcoins explains, “the client was malware; it contained a wallet stealer and key logger.” Back within the right here and now, the much less mentioned about Metaverse ETP, KuCoin Shares, and Walton – a reputation so clunky it’s nearly cool – the higher.
The inspiration for this post, by the way, was Techcrunch’s 100 Cryptocurrencies Described in Four Words or Less, which gave rise to a minimum of one Twitter riposte which opined that SingularDTV “sounds like a disease”. Around the identical time, a narrative emerged a few gritty northern British metropolis launching its personal social duty coin. Its identify, consistent with the town that spawned it? HullCoin. Imagine naming your metropolis, and its corresponding shitcoin, after the underside of a ship.
The premise for this post might sound flippant, however it does give pause for thought. If Satoshi had named his creation KangarooBits, would we have now simply touched $9,000, or would we nonetheless be within the gutter, wanting on the moon? Forget blockchain, proof of labor and immutability. Satoshi’s genius was to call it bitcoin.
What do you assume is the worst named coin at present in the marketplace? Let us know within the comments part below.
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