11 Best Shitcoins to Buy in 2024 – The Full List

Goran Radanovic | Verified by Mark Hoover

Last updated: March 11, 2024 03:37 EDT | 18 min read

Shitcoins refer to cryptocurrencies that don’t have much utility but have made an impression on the market. Shitcoins is another word for a meme token, projects that are based on mere speculation with little fundamental utility or actual use beyond speculative investing.

We researched a list of coins that have made the crypto community buzz. Massive hype has been created around the shitcoins we found, although some of the coins provide utility and even offer investors rewards.

Let’s find out their features and how investors can benefit.

Smog (SMOG)

• Buy and hold $SMOG to generate and earn airdrop points
• 35% of supply reserved for future airdrop rewards
• Viral potential after pumping over 1000%

Project Launched

February 2024

Meta

Meme, P2E

Purchase Methods

• 
  usdt
• 
  Solana

Buy Now

Sponge V2

• Trending meme coin with P2E utility & staking rewards
• Price up 10x in past month, rumors of Binance listing
• 12k+ holders and growing

Project Launched

December 2023

Meta

Meme, P2E

Purchase Methods

• 
  Bank Card
• 
  usdt
• 
  ETH

Buy Now

Scotty the AI

• Unique project using AI to improve security in crypto
• Over 140% APY when staking $SCOTTY tokens
• Token rewards are distributed at rate of 82.5 $SCOTTY per ETH block

Project Launched

December 2023

Meta

AI

Purchase Methods

• 
  ETH
• 
  usdt
• 
  Bank Card

Buy Now

5thScape

• Innovative VR & AR Gaming Project
• Aiming to Raise $15M Across 12 Rounds
• Token Holders Get Lifetime Access to VR Content

Project Launched

January 2024

Meta

VR

Purchase Methods

• 
  ETH
• 
  usdt
• 
  Bank Card

Buy Now

PEEN ($PEEN)

• Fresh-out-the-packet meme token looking to 100x like PEPE and WIF
• 800,813,569 $PEEN tokens up for grabs via fair launch
• With recent bullish trend of meme crypto market, $PEEN is looking to make its mark

Project Launched

March 2024

Meta

Meme

Purchase Methods

• 
  ETH
• 
  usdt
• 
  bnb

Buy Now

Poodl Inu ($POODL)

• Trending new meme coin presale with 6.9Bn total supply
• Buy and stake $POODL to earn rewards of 12397% p/a
• 30% of the token supply has been allocated to staking

Project Launched

February 2024

Meta

Meme, P2E

Purchase Methods

• 
  bnb
• 
  ETH
• 
  usdt
• 
  Bank Card
• +1 more

Buy Now

Reviewing the Best Shitcoins to Invest in

Despite the lack of utility, shitcoins have proven over and over to be an effective marketing and investing strategy. However, it can be extremely difficult to pick the right projects and know when to take profits. Marketing and hype play a big part in what makes them the best shitcoins to buy, as do celebrity endorsements.

Let’s take a closer look at the best shitcoins to buy and where you can get your hands on them.

1. Scotty the AI – Overall Best Shitcoin Boasting Advanced AI Capabilities

We have picked Scotty the AI ($SCOTTY) as the overall best shitcoin. By using advanced AI algorithms and tools, Scotty the AI claims to be the ‘Guardian of the Crypto universe.’ This new cryptocurrency offers staking rewards, access to an AI chatbot, and token-swapping opportunities.

$SCOTTY, the native token, has recently been launched on presale. At press time, the token is priced at only $0.0073. Token holders can stake $SCOTTY on the smart contract and generate APYs (Annual Percentage Yields) upwards of 72%.

According to the Scotty the AI whitepaper, the platform will also launch an online chatbot – which will be built using AI tools such as Natural Language Processing. Thus, the chatbot can respond to queries as a human would.

Scotty the AI also plans to launch ‘Scotty Swap’ — its internal token-swapping ecosystem. $SCOTTY can be swapped seamlessly, along with tons of other DeFi tokens.

From a supply of over 1.734 billion, over 520 million tokens have been allocated for the presale. The presale has raised over $2.3 million in a few weeks. The token will be launched on popular CEX/DEXs – such as Uniswap and BitMart.

Join the Scotty the AI Telegram channel to stay updated with the latest information about this project.

Visit Scotty the AI

2. Smog – New Shitcoin Offers a 42% Staking APY

Smog ($SMOG)

is the next top shitcoin to buy. It is a hot new meme coin on Solana with massive investor interest after an over 3000% surge in just a week.

Since its February 7, 2024 launch on Jupiter DEX, the token’s market cap increased from $2 million to over $60 million in a week. This growth positions Smog as a potential rival to coins like Bonk, Myro, and Dogwifhat.

The token’s “Greatest SOL Airdrop” campaign is a key feature, giving out 490 million of the 1.4 billion supply to reward community engagement and on-chain activities. Additionally, Smog offers a 42% APY staking yield to encourage long-term holding.

Most importantly, Smog’s fair launch approach without a presale makes it a unique shitcoin, giving equal opportunity to all investors.  The platform allocates 50% of its supply for marketing and 35% for the airdrop to build a strong community and drive success.

Moreover, plans for cross-chain accessibility through an Ethereum bridge and future listings on centralized and decentralized exchanges are in place to ensure high user adoption.

Investors interested in Smog’s progress can join the Smog Telegram group and follow updates on X (Twitter) for the latest information.

Visit Smog

3. Sponge V2 – Access the New Version of Sponge with the Stake-to-Bridge Mechanism 

Sponge V2

is the new version of $SPONGE — a popular meme cryptocurrency that has soared throughout 2023. After launching in May 2023, this token rose to a market cap of nearly $100 million.

The project is named after the popular character ‘Spongebob Squarepants,’ but is not associated with the show in any way. This token enjoyed listings on popular tier-one exchanges such as MEXC and Gate.io.

Now, the Sponge V2 token is giving investors another chance to succeed in this popular project. Using the stake-to-bridge mechanism, Sponge V1 token holders can stake their holdings on the newly released V2 smart contract. By staking your V1 tokens, you will earn an equal amount of V2 tokens.

For the next 4 years, investors can also generate high APYs from the staking contract. Those who do not hold V1 tokens can directly purchase them from the Sponge website – and automatically stake their holdings.

After the V2 token launches, you will be able to claim your holdings. According to the Sponge V2 whitepaper, token holders can also take part in a play-to-earn game. This upcoming platform will allow users to earn $SPONGE by climbing up a leaderboard in an online game.

Thus, this new use case can help increase the popularity of $SPONGEV2. The token has a total supply of 150 billion — more than half of which will be offered through staking and P2E game rewards.

For more information on this cryptocurrency, join the Sponge V2 Discord and Telegram channel.

Visit Sponge V2

4. PEEN – Ethereum-Based Shitcoin With No Presale And a Fair Launch On Uniswap

PEEN ($PEEN) is a new meme coin based on the Ethereum blockchain that has gained huge popularity. It is focused on a ‘teenage humor’ theme different from the dog or frog-themed tokens that have become typical in the meme coin space.

Furthermore, PEEN is making 800,813,569 of its total supply available via a recent Uniswap decentralized exchange (DEX) launch rather than pursuing a presale approach.

This ‘no presale’ approach means that anyone can buy upon the recent launch and provides a fair opportunity for participation by everyone. The project’s roadmap outlines its goal to reach a $100 million market cap through increasing investor support.

Additionally, PEEN’s development team is rumored to have a strong track record, with projects like SMOG that have seen massive gains post-release. The team’s proven history of successful development combined with a strong focus on fairness and community engagement can help PEEN become one of the best shitcoins to buy in 2024.

Buyers can read the ‘PEEN Paper’ (whitepaper) to learn more about the project’s vision and long-term strategy. Interested buyers can enter the PEEN Telegram channel and follow it on X (formerly Twitter) for the latest updates on listings and other progress.

Visit PEEN

5. Poodl Inu – Dog-Themed Meme Coin With Over 1,800% Staking APY During the Presale

Poodl Inu is a dog-themed shitcoin that aims to catch up to other dog-themed tokens like Dogecoin, Shiba Inu, and Bonk. At the moment, Poodl Inu is available in a token presale where the price is lower than what it will be when it lists on major exchanges, giving you an opportunity to get in early.

Connect your MetaMask or a similar Ethereum wallet and use ETH, USDT, or a card to make the purchase. This makes you eligible to earn the 1,800% staking APY available during the presale.

Once the presale ends, claim your tokens, including the ones you earned while staking, and sell them on an exchange or keep staking if there are still staking rewards. The Poodl Inu whitepaper states that 30% of the total token supply will be set aside for staking rewards, meaning it could provide decent returns even after the presale ends.

Follow Poodl Inu on X and join the Poodl Inu Telegram channel for more information about the project.

7. 5th Scape – VR and AR Crypto Gaming Ecosystem, Over $440K Raised

5th Scape ($5SCAPE) is a new virtual and augmented reality cryptocurrency gaming ecosystem. Players can access hyper-realistic gaming experiences, movies, and educational content through this innovative platform.

At the center of the platform is $5SCAPE, the native token. $5SCAPE token holders can receive lifetime access to a selected suite of VR gaming experiences within 5th Scape. Some of the available experiences include an MMA-themed gaming environment and a VR football and cricket simulation game.

Stunning visual realism is provided through 5th Scape’s VR gaming headsets and chairs. These products offer precise motion tracking and intuitive controls. Token holders can levy discounts on these products. $5SCAPE has a total supply of 5.21 billion. 80% of the tokens are allocated for the ongoing presale.

At the time of writing, $5SCAPE is priced at just $0.00187 per token. However, the token price will increase to $0.01 upon listing, a 434% price jump. Post the exchange listing, this VR-themed shitcoin could offer high volatility and potentially soaring returns.

The presale has raised more than $440K, but the goal is to raise $15 million by the end of the event. Read the 5th Scape whitepaper and join the Telegram channel for more information.

Visit 5th Scape

8. Dogecoin (DOGE) – Globally Recognized Meme Coin

One of the top shitcoins that has provided investors with huge returns is Dogecoin — the development of DOGE started out as a joke, but the coin’s massive price spike has made many investors take it seriously.

DOGE wasn’t on many investors’ radar until the 2021 crypto rally, when it provided more than 10,000% returns for investors who bought the coin at the beginning of 2021, thanks to Elon Musk’s continued social media endorsements. As a result, many crypto enthusiasts have been asking is it too late to buy Dogecoin today?

However, since its May 2021 all-time high of $0.73, Dogecoin has lost just over 80% of its value — despite that, many investors believe it remains one of the best meme coins to invest in.

Adoption has been one of the factors rallying the support of the DOGE community, with electric car maker Tesla accepting payments in Dogecoin. Other big corporations accepting the coin as payment are AMC Theatres, GameStop, Twitch, and Newegg.

One of the benefits of investing in Dogecoin over Bitcoin is that it’s more efficient. Dogecoin’s mining is faster and uses less energy.

9. Shiba Inu (SHIB) – Popular Meme Coin Aspiring to be Dogecoin Alternative

Hot on the heels of Dogecoin’s hype as the ultimate meme coin was Shiba Inu. This meme project used an extremely effective marketing strategy to position itself as the next best thing to Dogecoin.

Shiba Inu used social media and influencers — as well as its message as a ‘DOGE Killer’ — to get the word to the masses about its intention of replacing Dogecoin.

Many investors linked Shiba Inu’s logo of the dog to Dogecoin, believing that the two projects were intertwined. It was pure investor speculation that resulted in a SHIB price rally of more than 1,000% during October 2021. After the hype was over, Shiba Inu’s price crashed by more than 84%, but it has slightly recovered and is up by more than 50% this year alone.

But is Shiba Inu a good investment in 2024? This project is trying to distance itself from its meme coin label and is striving to convince investors it offers utility by evolving into a vibrant ecosystem. Shiba Inu will have to work hard to convince the market of its value, as its price crash is the consequence of many investors believing it has no utility.

10. Pepe – Viral Meme coin on the Ethereum Blockchain, Market Cap over $1.2 billion

Pepe is a shitcoin on the Ethereum blockchain that has made significant gains since its launch in April 2023, when it listed for $0.00000002764 per token.

The meme coin was inspired by the Pepe the Frog cartoon and peaked at a current record high of $0.000004354 on May 5, 2023, a few weeks after launching.

Similar to other shitcoins on the list, Pepe’s price tanked throughout the majority of 2023, but has begun to rebound, and is up by over 200% so far this year. Pepe operates a deflationary model, which means a small amount of tokens are burned after every transaction.

This has been implemented to add scarcity to the meme coin and build its longer-term value. At present, it has a market capitalization of $1,213,527,540, with its 24-hour trading volume at $1,696,028,424.

Demand for this ERC-20 meme coin has increased in 2024 as the crypto bull market has returned, as FOMO amongst degens increases. Delve deeper into Pepe by keeping tabs on its community on X (formerly Twitter) and Telegram.

11. Bonk – Booming Community Shitcoin, Gained 3000% in 12 months

BONK has been one of the best shitcoins currently in the market and has risen by nearly 3000% during the last year alone.

Following its launch on January 2021 at $0.000000109 per token, $BONK recorded an all-time high of $0.00003419 in December 2023.

Overall, this meme coin has risen by close to 20,000% since its inception, making it one of the most profitable shitcoins of all time. The price has since dropped and is currently trading at $0.00002123, which is 38% lower than its peak above, which appears to be due to profit-taking from early investors.

At the time of writing this, it has a market capitalization of $1,383,986,826, with 619,000 holders. As a community coin, Bonk can be found across 10 chains, with over 131 integrations.

To stay up to date with Bonk, follow its Telegram channel and X (formerly Twitter) account.

What Defines a Shitcoin?

Most shitcoins don’t offer any utility, meaning they don’t solve a real-world problem and only exist to be speculated on and grow in value. They exist on the blockchain, and the term is often used as another name for a meme coin that gains traction because of hype — often manifested by celebrities.

Shitcoins usually tend to have a low market cap and a high circulating supply. Exceptions to this rule exist, and some coins are deflationary, meaning their supply decreases through token burns.

Is a Shitcoin Investment Valuable? 

Investors should determine if their investing goals align with a shitcoin’s offering. If it does, then a shitcoin investment might provide some value. The best we can do is mention several elements that are in a shitcoin’s favor.

Some shitcoins have proven to be extremely popular, such as Dogecoin and Shiba Inu in the past and Pepe amid the 2023 meme coin frenzy.

However, because of their lack of long-term value, they are susceptible to pump-and-dumps – where price rockets over a short period and then die away — and can struggle to return to their former highs.

Therefore, extra caution should be taken when investing in shitcoins, as well as deciding when to take profits.

Community Support

A key reason that coins such as DOGE and SHIB had such massive rallies was massive community support and then mainstream recognition.

The communities made a big fuss over their coins and purported them to be the next big thing, attracting other investors.

The hype around these coins ended up being a self-fulfilling prophecy since Dogecoin and Shiba Inu provided investors with massive returns.

Major media outlets began to cover them, which led to yet more investment and speculation.

Celebrity Endorsements

It’s not only the shitcoin token holders who lured investors in, as celebrities played a major role. They used the power of social media to advertise projects to their massive audiences.

No doubt some of them were financially incentivized to promote a project, but it worked.

Elon Musk’s support of Dogecoin is a clear example, with numerous Tweets in 2020 and 2021 helping to increase the price alongside announcements that his companies would support DOGE as a currency.

The build-up to his appearance on Saturday Night Live saw the price skyrocket before a rapid sale once he was actually on the show.

After months of negative price action, news that Musk would purchase Twitter – and speculation that he would add DOGE as a payment method on the social media platform – saw the price increase again.

An April Fool’s Day gag in 2023, where Musk briefly changed the Twitter logo to a shiba inu dog, sparked another price pump.

How to Buy Shit Coins – A Step-By-Step Guide

If you want to start investing in shitcoins, here’s a step-by-step on how to get started.

Step 1: Choose a Reputable Exchange – Select a reputable cryptocurrency exchange that supports a wide range of shitcoins.

Step 2: Set Up Your Account – Create an account on the chosen cryptocurrency exchange by providing the required personal information and completing any verification procedures.

Step 3: Deposit Funds – Deposit funds into your exchange account using a supported deposit method, such as bank transfer, credit/debit card, or cryptocurrency transfer from another wallet.

Step 4: Research Shitcoins – Conduct research to identify shitcoins that align with your investment goals, risk tolerance, and investment strategy. Watch out for red flags such as lack of transparency, unrealistic promises, and excessive hype.

Step 5: Choose Your Entry Point – Determine how much you want to invest in the shitcoin based on technical analysis, market trends, and your risk appetite.

Step 6: Place Your Order – Place a buy order of the shitcoin you want to invest in on the cryptocurrency exchange. Specify the amount of the shitcoin you wish to purchase and the price at which you are willing to buy.

Step 7: Monitor Your Investment – After purchasing the shitcoin, monitor its price movements and market trends closely. You can set price alerts and stop-loss orders to manage your investment risk.

Step 8: Have an Exit Strategy – Have a clear exit strategy in place for your shitcoin investment, including profit-taking targets and criteria for selling your holdings. Be prepared to reassess your investment and adjust your strategy based on changing market conditions and new information.

Remember that shitcoins are a risky investment, with no guaranteed returns. Never invest more than you can afford to lose, and always prioritize your long-term financial health.

Conclusion

Our detailed reviews include where to buy shitcoins and shitcoin prices for certain assets. After comparing all of the assets, we found Scotty the AI ($SCOTTY) to be the best shitcoin.

This is a new shitcoin that combines AI tools to bring more security in the blockchain space. With $SCOTTY, investors can earn high staking yields, access an AI chatbot, and access a token-swapping mechanism.

Visit Scotty the AI

Best Shitcoins FAQs

What coins classify as shitcoins?

It’s mostly meme coins like Dogecoin and Shiba Inu that classify as shitcoins because they provide no real utility. They gained their stature from celebrity endorsements and their communities hyping them up to be more than they really are. Some shitcoins are the exception and enable investors to earn rewards.

What shitcoin should I invest in?

Scotty the AI is a new shitcoin with a high APY of 141%. This shitcoin uses artificial intelligence to safeguard the crypto space.

Are shitcoins a good investment?

It’s important for investors to compare their investing goals to what shitcoins offer. If the two coincide, then a shitcoin might be a good investment. Each investor needs to decide for themselves if shitcoins are a worthwhile investment, but all crypto assets are risky investments. Investors must practice caution and do their due diligence.

Which shitcoins will explode?

Nobody ever knows for sure which shitcoins will explode, but three shitcoins that seem poised to perform very well in the very near future are Smog, Peen and Sponge V2.

Where can I buy shitcoins?

Investors can buy shitcoins on a regulated trading platform like MEXC or Binance. Some of the coins available on MEXC are Smog, Dogecoin, SpongeV2, and Shiba Inu.

About the Author

Goran Radanovic

After graduating with two finance degrees, Goran worked in corporate finance for six years before becoming a full-time writer. He discovered crypto in 2017 and has been an investor in digital assets since, seeking new assets that will boost his portfolio. He specializes in news and evergreen content on Cryptonews.

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