The bitcoin market includes little utility tokens, popularly known as shitcoins. This particular group of blockchain assets is beneficial. Shitcoins are digital assets that are significantly undervalued. But as a matter of fact, investing in shitcoins has the potential to yield significant profits. If you had invested in Shiba Inu, the 2nd top shitcoin, you would have received an approximate return of more than 20800000% by the end of the year.
To put it another way, shitcoins can help you multiply your investment 1,000 times in the lowest amount of time possible. And, you can convert them into any popular cyptocurrency or fiat currency whenever you want using trading software. Remember that shitcoin prices are considerably more likely to drop than to skyrocket. To take advantage of the massive value rises made by meme coins, it’s critical to identify and acquire the best shitcoins as soon as possible.
Cryptocurrencies and Shitcoins are indistinguishably related. The hunt for the appropriate sitcoin to invest in may initially appear challenging. Let’s look at the best shitcoins to buy right now for long term investments and what to expect in terms of token types in the future.
1. Dogecoin
Dogecoin is the first and most well-known shitcoin created in 2013. As a result, it’s on our list of shitcoins to invest in 2022, as it offers a 25000 per cent return on investment (ROI). Two of the world’s most well-known billionaires in the cryptocurrency business, Elon Musk and Mark Cuban, are among its backers.
When things become tough, Doge has always relied on Elon Musk’s Tweets to bring around it. We expect Dogecoin’s price to climb due to Musk’s ongoing tweets and disagreements. His efforts will be boosted as the shitcoin community grows on social media platforms like Twitter, Reddit, Discord, and Telegram.
Is it possible to predict how high Dogecoin will rise by December 2022? According to the Dogecoin price estimate, Dogecoin shitcoin is expected to rise 700 per cent to $0.7 in December 2022.
As of this writing, DOGE is one of the best shitcoins to invest in right now for long-term value.
2. Shibu
Shiba Inu is the second most valuable meme coin globally, with a market valuation of $12.7 billion. Those who bought it in August 2020 have watched their investments grow by over 16000000 per cent since then.
Shiba Inu’s development team has set even loftier goals for the currency to catapult it into the next development phase. This process started with the ShibaSwap decentralised exchange. This effort also includes a vow to burn more than 1 trillion SHIB tokens by the end of the year. Because of increased interest in Shiba Inus and a recovering crypto market, SHIB coin values are expected to rise. If you’re looking for the most promising shitcoin to invest in, SHIB is the way to go.
3. SafeMoon
Investors continuously search for the next shitcoin to acquire in the meme currency market, where feelings and interests change frequently. SafeMoon was launched in early 2021 to exploit this paradigm to eliminate Shiba Inu. According to SafeMoon’s founders, after SHIB and DOGE are priced, the shitcoin industry will turn to SafeMoon as the next best alternative.
In the first week of SafeMoon’s launch, its value increased by 2,000,000,000%. On the other hand, the crypto market had already crashed before most investors switched their attention to the new shitcoin. Thanks to these two and its massive fans, Safemoon anticipates its worth to surge to new and unprecedented heights by December.
4. Apecoin
Investing in ApeCoin is now one of the best Shitcoin investments you can make. The ApeCoin ecosystem’s utility tokens and the ApeCoin DAO’s governance token are APE tokens launched in March 2022. This movie contains the Bored Ape Yatch Club NFT project by Yuga Labs.
The price of the joke money has already grown by more than 1100 per cent, according to CoinMarketCap data.
The great majority of cryptocurrency market participants anticipate that ApeCoin’s price will rise in the future. While APE is currently trading at $11, it is predicted to continue to rise in value over the next months and into 2022 due to the coin’s cheap price (currently $11) and widespread attention. According to ApeCoin price predictions, the money will be valued at $75 per unit by 2025. Considering this, consider investing in ApeCoin before it further dominates the shitcoin market.
5. MONA
MONA prices increased by more than 20000 per cent at the pinnacle of the crypto market bubble in 2017 to reach the current ATH of $20, despite little to no trading activity following the coin’s introduction.
Monacoin has recently become a popular Shitcoin, according to Reddit users, indicating that the meme coin is about to join the global crypto investing market.
We have placed it on our list of the next shitcoins to invest in for the year 2022 since it appears to be on track to reclaim its 2017 highs. If you’re looking for an alternative to Doge and SHIB or want to diversify your meme coin investing risks, this is the coin for you. Monacoin, a shitcoin whose value is expected to climb over the next few years, has grabbed the interest of many crypto investors.
