Best Shitcoins To Buy In 2022: Complete Guide For Australians
Wondering how to choose the best shitcoins to buy in 2022? This guide will help you for sure. Investing in Shitcoins is a viable strategy for making a sizable profit. As of the end of the year, Shiba Inu, the second most popular Shitcoin, had returned more than 20800000 percent of the money you had deposited in the cryptocurrency.
It is possible to increase your initial investment by up to 1,000 times by employing Shitcoins in the most efficient manner possible.
You should be aware that Shitcoin’s price is more likely to fall than to rise a millionfold in the immediate future.
To reap the benefits of meme coin price increases, it is imperative to locate and acquire the most valuable Shitcoins as quickly as possible. In this article, we will discuss the top Shitcoins to buy in 2022 and will explain how to buy shitcoins in detail for Australian crypto-traders
Contents
What Are Shitcoins?
The term “Shitcoins” refers to the coins with no clear purpose, such as “meme tokens.” The phrase includes undervalued ventures or having less market capitalization.
Bitcoins that have little or no value, or those used as a digital currency but have no immediate use, have been called “Shitcoins.” These are extremely uncommon coins with no monetary value.
The cryptocurrency with no value or purpose is known as a “Shitcoin.” These aren’t the real deal; they’re just knockoffs. It’s best to monitor the market and the price of Shitcoins when investing. Now is the perfect time to sell your Shitcoin because the market is down.
Can Shitcoins Make You Rich?
While it is possible to earn money with Shitcoins, it is unlikely that you will become wealthy.
We’ve heard of people becoming billionaires using Bitcoin, but we’ve never heard of a Shitcoin millionaire. Investing in cryptocurrencies is not always a straightforward process.
Due to many available tokens, it might not be easy to know where to begin when looking for a project.
Best Shitcoins To Buy In 2022 Compared
The below table will give you some of the important information regarding the best Shitcoins
Best Shitcoins To Buy In 2022
Although subjective, the following are some of the best shitcoins to buy in 2022 and could be the foundation of a great start:
Shiba Inu
According to the current market conditions, Shiba Inu is the greatest Shitcoin to buy right now. Shiba Inu is the second most valuable meme currency globally, with a market capitalization of $12.7 billion.
Compared to when it was purchased in August 2020, its value has climbed by about 16000000 percent. Back when it was first announced as “a “Dogecoin killer,” it received much attention.
The marketing plan for the dog-themed meme coin was successful, as evidenced by millions of social media followers and a crypto market price in the top ten.
Developers are hard at work preparing Shiba Inu coin for the next phase of its development. As the beginning point for this endeavor, the ShibaSwap decentralized exchange was established.
A pledge to burn more than 1 trillion Shiba Inu tokens by the end of the year is included in this campaign and others. Hence, Shiba Inu is one of the best shitcoins to buy in 2022.
Ape Coin
Apecoin is a cryptocurrency created in 2022 by the Bored Ape Yacht Club to reward members of the club who were bored. This platform is built of 10,000 one-of-a-kind collectible Bored Ape tokens, each distinct.
The tokens are distributed in a lottery-style system (NFTs). Every NFT available for purchase on this marketplace is built on the Ethereum blockchain, which acts as the foundation for all of them.
In the world of cryptocurrencies, ApeCoin is one of the best investments you can make right now, and it is also one of the most popular at the moment.
The creation of APE tokens, which serve as both utility tokens for the ApeCoin ecosystem and a governance token for the ApeCoin DAO, took place on March 20, 2022. It includes the entire NFT project from Yuga Labs, Bored Ape Yacht Club, and Bored Ape Yacht Club.
The ape coin is one of the best shitcoins to buy in 2022 as the data from CoinMarketCap says, the value of the cryptocurrency has already surged by more than 1100 percent since its launch.
Ankr
As a distributed computing platform, Ankr token was founded in 2017. Cloud computing companies can use the blockchain network to make underutilized resources available to anyone who needs cloud infrastructure.
ANKR tokens are designed to pay cloud computing service providers. It also uses gear that has been retired by cloud computing firms. So, rather than adding to the sector’s energy consumption, this network tries to maximize the use of already-existing resources.
A total of 10 billion Ankr tokens are available at any one moment. Market capitalization currently stands at over $650 million.
Users must purchase Ankr money to benefit from the platform’s advanced security and functionality. Plasma side chains have been added to the ecosystem for increased network power and throughput.
The PoUW consensus method underpins the Ankr Network’s operation. Because of this, network security professionals now have access to cutting-edge computing resources.
Dogecoin
As the first Shitcoin to be published in 2013, Dogecoin has since evolved to become one of the world’s most well-known and extensively utilized cryptocurrencies. In recognition of its 25000 percent return on investment, we’ve included it in our list of the most promising Shitcoins to buy now for investment in 2022.
Elon Musk and Mark Cuban, two of the world’s most well-known bitcoin billionaires, are among those who have backed the project.
At the moment, DOGE is a great Shitcoin to invest in because of its long-term prospective worth and low volatility. As far as Shitcoins are concerned, Dogecoin is the most well-known and easiest to obtain at the moment.
For a long time, the general public was unaware of this 2013 fork of the Litecoin cryptocurrency. A further point to mention is that Dogecoin traded for a very long period at a price of fewer than 0.5 cents per token.
Floki Inu
When Floki Inu first appeared on the cryptocurrency market in August 2021, it was in a holding pattern following the calamity in May 2021. Since its inception three months ago, the meme currency has increased by 1700000%.
The emergence of the cryptocurrency market and Elon Musk’s outspoken endorsement of meme currencies are certainly factors in this accomplishment. The development team has dubbed it the Floki Movement, and it’s all about building a meme currency.
You can now use FLOKI as a meme currency to make purchases from over 1700 different businesses, thanks to their relationship with CryptoCart.
Additionally, Curate is vying to be the payment processor for Floki Inu. Investors in Floki Inu’s initiatives are expected to check in until 2022 for updates.
By December 2022, analysts anticipate that the Floki Inu value will increase because of a reviving cryptocurrency market, a growing community, and a resurging meme coin fever.
Safe Moon
SafeMoon Inu, a bitcoin-based on the lunar calendar, one of the best shitcoins to buy in 2022 is anticipated to be introduced in May of 2021. In contrast to Dogecoin, Shiba Inu is an opportunistic cryptocurrency project that takes advantage of the success of a more popular cryptocurrency.
Consequently, the price increase that had been in effect since early 2021 came to a close. As a result of this mini-rally in November, the meme currency was thrust into the limelight, with its value increasing by more than 20000 percent in a matter of days.
SafeMoon Inu has lost more than 95% of its peak value since then, primarily due to the declining cryptocurrency market. According to daily trade volume data, SafeMoon Inu has amassed a devoted following and caught the attention of investors despite the decline in the value of the Shitcoin in recent months.
Dogelon Mars
Dogelon When the meme coin was first presented in May 2021, it was in part inspired by the success of Dogecoin, Elon Musk, and the exploration of Mars, and an allusion was made to its future value increase.
The price of Dogelon Mars coins increased by 30000 percent in the first three weeks following their release. Even if they attempt to boost the price in August resulted in a 55000 percent increase, this increase was only temporary. Because its potential has not yet been fully realized, it has been included in our top Shitcoins list for 2022.
On social media networks such as Twitter, Telegram, and Reddit, the meme currency has accumulated a following of more than 500,000 people. The Dogelon Mars trading activity has surged even as the cryptocurrency market has declined, with 24-hour trading volumes exceeding $100 million in the last month.
Samoyed Coin
A popular Shitcoin in May of 2021, Samoyed Coin quickly rose to the top of the heap. In addition to Dogecoin’s creator Anatoly Yakovenko and FTX exchange’s inventor Sam Bankman-Fried, Solana is home to several rising stars.
Thanks to these three companies, Solana’s leading Shitcoin will see its price rise due to its increasing popularity and user base. Is it possible that it missed out on the early 2021 market based on its May 2021 launch? Its value rose by 1,230 percent during the mini-rally in November.
A fraction of SAMO’s previous all-time high price is now available.SAMO coins’ value is projected to soar for various reasons, not the least of which is that the crypto market is recovering, and the Shitcoin craze may be making a comeback.
Lucky Block
It’s been less than two months since the initial appearance of the Lucky Block Shitcoin. It had risen more than double its starting price and had previously risen more than 1500 percent.
As with the other Shitcoins on our list, Lucky Block has adopted a strategy to obtain community support and recruit investors. Two ways in which the meme currency intends to promote online gaming and offer investors a double return on their initial investment is through gambling successes and meme coin value gains.
Thus far, it has amassed a following on social networking networks. Trading volumes have also surged, ranging from $1 to $16 million per day. Analysts anticipate that BLOCK prices will skyrocket in the next months due to the currency’s sturdiness, expanding use cases, and growing investor interest.
Wakanda Inu
A Shitcoin called Wakanda Inu was introduced and has already made some people millionaires in less than six days. To get on the train, you’ll need to buy Wakanda Inu. More than 113,000 Wakanda Inu ($WKD) tokens are already in circulation, making it the most popular African cryptocurrency project.
You can use it for goodwill and show the might of the African people all over. It is time for us to shift focus again toward giving back to the communities surrounding our committed and esteemed holders, with several upcoming use cases like an NFT marketplace, a decentralized exchange, and a launchpad under development.
One hundred thousand children under the age of five die each year from water-borne diseases in Nigeria, according to the United Nations Children’s Fund, with 90% of these deaths linked to poor water and sanitation.
Are All Altcoins Shitcoins?
The term “altcoin” is usually thought to be derogatory throughout the cryptocurrency sector. It is frequently referred to as digital currencies developed after bitcoin was launched and gained popular awareness.
The term “Shitcoins” refers to cryptocurrency investors concerned about losing money on a cryptocurrency that was not created in good faith or whose price was determined solely by speculation.
Due to the inability of investors to make a profit on their initial investment, the value of Shitcoins has fallen precipitously in recent years. As a result, these currencies are regarded as having limited investment potential but knowing the best shitcoins to buy in 2022 can always come in handy.
Where Can I Buy Shitcoins?
Traditional stock brokerages don’t carry Bitcoin, despite being one of the world’s fastest-growing assets. Good news: eToro, one of the most well-known crypto exchanges and online brokers, now allows you to purchase Bitcoins.
About eToro Exchange
A cryptocurrency exchange, eToro is one of the many services offered by the company. Users must first fund their accounts with fiat cash, such as US dollars (or other cryptocurrencies) to use the site.
Users can link their bank accounts or deposit monies via wire transfer to ensure flawless transfers. eToro is one of the world’s most popular online brokerages for trading cryptocurrencies and stocks.
Adding support for Bitcoin (BTC) trading in 2014 made it one of the first online trading organizations to do so. After that, it added Ethereum (ETH) and Ripple (XRP) support (XRP).
How To Buy Shitcoins With eToro
This guide will walk you through the basics of buying Shitcoin on eToro and help you in knowing the best shitcoins to buy in 2022,
Step 1: Sign Up
Provide your name, address, and phone number. eToro’s Know Your Customer rules demand you to provide an ID. A photo ID (DL or passport) is necessary.
Step 2: Verification
Only a government-issued ID (passport or driver’s license) and proof of address are necessary (a recent utility bill or bank statement.
Step 3: Deposit
You can use Visa, MasterCard, Neteller, or Skrill for credit or debit card purchases. Bank transfer is available for deposits of $500 and up.
Step 4: Crypto Wallet
Shitcoins can be utilized due to crypto wallets’ great security. The company’s bitcoin wallet is available for iOS and Android.
Step 5: Search for Shitcoins
Locate the search bar at the dashboard’s top. Click Trade to open a new order form with v or BTC.
Step 6: Buy Shitcoins
Set your budget for Shitcoin. P&L levels are also available. However, these are more typically used for eToro trading than Shitcoin investment.
Best Shitcoin Wallets of 2022
When you are buying new shitcoins then you need a space to accommodate your personal private keys to keep them safe from any exposure and to have complete protection, there is nothing better than a good hardware wallet.
In this segment, we are going to discuss one of the best shitcoin wallets, Ledger NanoX, and some of its features.
Ledger Nano X
This year, the Ledger Nano X was unveiled. It’s a $119.00 retail item. Also, it can be used to buy cryptocurrencies and to protect and manage assets. The Ledger Nano X incorporates a verified secure chip, just like the Nano S, allowing users to store more apps (up to 100 applications).
With the Ledger Nano X, you can manage your cryptocurrency assets from anywhere, thanks to its Bluetooth connection. All Ledger wallets support a wide range of 27 coins and more than 1,800 tokens and allow their users to invest and secure all of their assets. This list contains both well-known and lesser-known cryptocurrencies.
Best Shitcoins To Buy In 2022: Conclusion
Shiba Inu, the second most popular Shitcoin, had returned more than 20800000 percent of the money you had deposited in the cryptocurrency. To reap the benefits of meme coin price increases, it is imperative to acquire the most valuable Shitcoins as quickly as possible.
ShibaSwap is a decentralized exchange that aims to burn more than 1 trillion SHIB tokens by the end of the year. The ANKR token is designed to pay cloud computing service providers.
The first Shitcoin to be published in 2013, Dogecoin has since evolved to become one of the world’s most well-known and extensively utilized cryptocurrencies. We hope that this article will assist you in taking the right decision while choosing the best shitcoins to buy in 2022.
