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How to understand ShitCoin? (SHIT)?

Fri Jul 01, 2022 12:06 pm

ShitCoin (SHIT) is a popular NFT that features unique gameplay. It has spent multiple days in a row at the top of Opensea's ranking. It contains a ton of garbage. Its main argument is that everything is trash, challenging the earlier BAYC and Azuki. ShitCoin, which uses sarcasm to communicate its unhappiness with the market, has had a significant emotional impact on the cryptocurrency market and its users since its launch.

Within a week, the ShitCoin team was able to rank among the top three NFTs on OpenSea in terms of price and transaction volume by utilizing its strong marketing and roadmap delivery techniques. A total of 100 trillion of its governance token SHIT are available, of which 39.05 trillion will be airdropped and 25 trillion will be sent to the Vitalik wallet address. Within three days of being listed on MEXC, ShitCoin (SHIT) saw its biggest increase of 1488 percent, garnering a lot of market attention.

ShitCoin first-generation NFTs reportedly include ShitBeast, Genesis ShitBeast, and "I shall poop it" NFT. A total of 10,000 "I will crap it" NFTs are available. It was first created for free, but later reached a floor price above 1.45 ETH. With a 3,900 coin supply overall, Genesis ShitBeast has a maximum price of more than 3.4 ETH. Also, 100 million SHITs will be produced simultaneously when every two "I shall poop it" NFTs synthesis into a Genesis ShitBeast. ShitBeast can be obtained through minting and has a total supply of 6100. Its peak price has surpassed 1.15 ETH. ShitBeast and Genesis ShitBeast may be upgraded into a phase-3 NFT via a bathroom cleaner (a synthetic potion) in addition to being staked to obtain SHIT.

ShitCoin's performance is comparatively excellent considering how quickly it completed a blue-chip NFT lifespan. The planning of the third-generation NFT and X to earn still provides a significant amount of room for the market to envisage as it holds the network traffic and topic of interest, going from "crap," blue-chip to brand IP, and finally to the mutual growth and success between its token and NFT.

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