I don't want to be impolite. But many coins don't deserve other names than shitcoins. Because they're just released to bring profits to those who created them. No real utility, no innovation, just a quick way to cash in on the hype surrounding crypto markets. You see it when you look at market cap versus FDV or circulating supply versus max supply if any. These projects often start with promises that sound too good to be true, and more often than not, they are.
The good news is: you can short them. Platforms like Hyperliquid allow you to bet against these kinds of assets, potentially profiting from their inevitable decline. It's a way to protect yourself and even gain from the volatility that follows once the music stops playing. There have been several high-profile examples recently where traders took large short positions on speculative assets, some even making millions by anticipating drops in value.
While specific names come and go, the pattern remains consistent. A token launches with a flashy marketing campaign, pumps due to influencer hype or FOMO, and then crashes when reality sets in. Developers disappear, roadmaps turn out to be empty promises, and communities built overnight dissolve just as fast. That’s the nature of shitcoins—they’re speculative traps designed to benefit creators and early traders, not long-term investors.
So yeah, there is so much money to make with shitcoins—but not by buying them blindly. The key is understanding how the game works and knowing where to position yourself without getting caught up in the frenzy. Whether that means staying away or strategically betting against them, the choice is yours. For those interested in exploring shorting opportunities, Hyperliquid offers a platform to do so 👇
