The term is used to refer to cryptocurrencies that are deemed useless and have no value.
The Long Explanation
A derogatory term used to refer to a cryptocurrency that has little to no value.
While there are thousands of cryptocurrencies in the market, only a few are focused on contributing positively to the blockchain ecosystem, making it user-friendly and practical. The rest are shitcoins – they have no real value and do not have any significant contribution to the ecosystem.
