shitcoin

A meme coin (also spelled memecoin) is a cryptocurrency that originated from an internet meme or has some other humorous characteristic.
The term is sometimes used interchangeably with the term shitcoin, which typically refers to a cryptocurrency with little to no value, authenticity, or utility. It may be used in the broadest sense as a critique of the cryptocurrency market in its entirety — those based on particular memes such as "doge coin", celebrities like Coinye, and pump-and-dump schemes such as BitConnect — or it may be used to make cryptocurrency more accessible.
The term is often used dismissively, comparing the value or performance of those cryptocurrencies to that of mainstream digital assets. Supporters, on the other hand, observe that some memecoins have acquired social currency and high market capitalizations.

View More On Wikipedia.org