As you might be aware there are several joke coins that have been gaining a lot of traction lately, with Elon Musk shilling DOGE, something unprecedented happened, an invasion of shitcoins flooded the space. 

What is a shitcoin?

A shitcoin is a cryptocurrency with little to no value or digital currency that has no immediate, discernable purpose, seen as a joke but that still has the power to, sometimes, be massively purchased worldwide. 

Why people buy these coins? The answer is simply pure speculation, the value of these coins is what their hodlers chose to. The reason safemoon, safegem or SHIB gained a massive popularity is mostly because the promotion each hodler individually does, focusing on the highly active platforms and the right niches. 

Memes, speculation, high risk high reward mentalities are the three essencial ingredients for a shitcoin to become popular among users from Reddit, 4chan and Twitter, which are key markets for a coin to succeed.  

Picking the right shitcoin

Keep in mind, this isn't financial advice, this is a purely speculative market, I've lost a lot of money on several shitcoins before getting it right with SHIB but that took some patience, confidence and continuously considering the funds to be lost already, until it paid off.

Yesterday I was navigating through Telegram when I've seen a DuckDao admin mentioning a new shitcoin, once I looked it over I immediately realized it already had far more potential then most shitcoins I've been into, here's why:

• SHIB team behind it
• Completely rug-pull proof
• Stealth launch (slow but steady growth)
• Liquidity locked
• Low Marketcap 
• Not yet launched on BSC

It's name is CHIHUA, a token directly focused on removing the stigma that only what Elon Musk promotes should succeed. What really attracted me the most on this was that there are mentions the SHIB team is behind CHIHUA and there are indeed signs that European and Chinese KOLS are joining in before massively promote it. 

At this right moment, the token is only able to be purchased on the ERC-20 standard, however, Binance Smart Chain is on its way and should arrive anytime (another reason that makes me think that now it's the best time to join in).

If you want to see more about CHIHUA, visit their site and share your thoughts with me! 

Official website:
https://www.chihuatoken.com/

Dextools:
https://www.dextools.io/app/uniswap/pair-explorer/0x3e406eca97c1252d13455850055e2b008740e30d.