Shitcoin
A shitcoin is a cryptocurrency that has little to no value or purpose.
More terms under S
- Shielded AddressA shielded address is a special type of address used in transactions that keeps the details of the payment private, ensuring that the sender, receiver, and…
- Shielded TransactionA shielded transaction is a type of transaction that happens between two private addresses, keeping the details hidden for better privacy.
- ShillingShilling is when someone promotes a cryptocurrency or a new project to make it sound better and encourage others to invest in it.
- ShortA short is a trading strategy where a trader borrows an asset to sell it, hoping the price will drop. If the price falls, the trader buys the asset back at the…
- Short SqueezeA short squeeze happens when the price of a cryptocurrency suddenly goes up, forcing traders who bet against it to buy the coin to limit their losses.
- Side ChainA side chain is a separate blockchain that works alongside the main blockchain, allowing for different features or transactions without affecting the main…
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.