What Makes a Coin “Shady” or “crap”?

[Nomad]

Who decides whether a cryptocurrency or crypto token is “shady” or a “crap coin”? Just because some people label Shiba Inu as a “crap coin,” it doesn’t mean everyone agrees. Many investors have profited from it. Similarly, some criticize Dogecoin, yet it still has a large and loyal following. Individual opinions don’t necessarily determine a coin’s true value or legitimacy. What is important is its tokenomics, use case, community support, and adoption

 

[Ja sa bong]

There are so many signs to look out for and it's going to be clear a Coin is shady or to be seen as shit coin. If there's no clear purpose of the coin, it's a shady. Also, if the team behind the coin are anonymous and unverified developers with no track record of their previous projects, never trust such a Coin.

 

[lens]

I believe that the legality of a coin is based on its usability and its community. When a coin's purposes are not transparent, it is natural to be suspicious of it.

 

[Demon_skeith]

They seem to be holding out, but I think they will eventually fall out.

 

[Kross]

The only thing that makes a crypto token shady is when there is no clear utility for the token. Those kind of coins are always in constant vulnerability to pump and dump by crypto whales. That's why such tokens are not good for long term holding. People luckily profit from them.

 

[uptrendfinancialsignal]

Legitimacy is the number one factor to consider as it's crucial to determine the true value and its trustworthiness. The purpose of the coin must also be clearly stated because that will clear all suspicions.

 

[cpvr]

The only thing that makes a crypto token shady is when there is no clear utility for the token. Those kind of coins are always in constant vulnerability to pump and dump by crypto whales. That's why such tokens are not good for long term holding. People luckily profit from them.

Especially the HAWK tua coin. She got a lot of people with that one. A lot of folks need to watch the crap coins and not invest in them, but some don't.

If the market had more security and protection, I don't think things like that would happen.