Definition of "shitcoin"

But, against what many people shout about on Reddit, not every altcoin is a "shitcoin."

2017 December 12, Matthew Hrones, “Three Altcoins Crypto Investors Should Keep an Eye On”, in Bitcoinist‎

There's bitcoin, and then there's shitcoin.

2019 July 18, Ben Brown, quoting Rep. Warren Davidson (R-OH), “'There's Bitcoin and Then There's Shitcoin (Libra)'. Congress Finally Gets It”, in Yahoo! Finance‎

Crypto derivatives platform FTX has perhaps the most speculative and oddly-named futures index fund on the market: SHIT-PERP, or the Shitcoin Index Perpetual Futures.

2019 August 1, William Foxley, “Crypto Exchange Launches 'Shitcoin Futures Index,' Offering New Way to Short Alts”, in CoinDesk‎