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YouTuber Jacob Bury reviewed three high potential ‘shitcoins’ that could have high upside potential amid the wider crypto market recovery. ‘Shitcoins’ are cryptocurrencies that possess a relatively low market cap and lack substantial utility but have managed to leave an impact on the market.

They are challenging to compare with established cryptocurrencies. Nevertheless, numerous investors are eager to invest in these coins due to their potential for exponential returns. Despite their limited utility, they have repeatedly demonstrated their effectiveness as both a marketing and investment strategy.

While ‘shitcoins’ can indeed make individuals wealthy in a short span, they also carry a high level of risk. If you’re seeking to take a gamble with small amounts of money in the hopes of significant gains, considering a ‘shitcoin’ might be worthwhile.

In our guide to investing in ‘shitcoins’, we have conducted thorough research and compiled a list of the most promising ‘shitcoins’ to purchase in 2023, which we believe have the greatest potential for explosive growth.

Fortunately, some of the ‘shitcoins’ mentioned below are currently in their presale phase, presenting an opportune time to buy and hold in anticipation of their ascent.

Mr Hankey (HANKEY)

A new ‘shitcoin’ known as Mr Hankey Coin has generated significant excitement within the crypto community by selling out its $500k presale within the first 9 hours of its launch. This ‘shitcoin’ draws inspiration from Mr Hankey, a well-known character from the TV show South Park, who is a cheerful and sentient piece of feces and serves as the show’s Christmas god.

The total supply of HANKEY tokens is 1 billion, with the presale accounting for 40% of this amount, while another 40% will be allocated towards decentralized exchange (DEX) liquidity. Many ‘shitcoin’ enthusiasts often face challenges such as inefficient buying and selling processes, as well as potential losses due to price slippage caused by insufficient liquidity.

It’s noteworthy that the team behind Mr Hankey Coin has taken the step of locking the liquidity, ensuring there won’t be any sudden rug pulls. In the world of dubious cryptocurrencies, it’s uncommon to allocate such a significant portion of a new meme token’s supply to a DEX liquidity lock.

DexTools now shows locked LP
Contract is renounced
Marketing is programmed
Devs based AF
Lets go 💩 heads#MrHankey #memecoin #LFG pic.twitter.com/2a4Oe6j6zK
— Mr Hankey (@MrHankeythecoin) July 14, 2023

This move provides confidence in the potential of Mr Hankey Coin as a project. HANKEY is positioned to outperform other similar coins, not only due to its substantial DEX liquidity lock but also because of its attractive low presale value, which is expected to attract low market cap gem-hunting enthusiasts focusing on project with market caps under $5 million.

Within just 24 hours of its launch, HANKEY quickly gained popularity and secured a spot on the DEXTools trending list, solidifying its status as one of the fastest-growing tokens. Buy HANKEY here.

Find the comprehensive overview of three new ‘shitcoins’ with significant growth potential in the video provided above. To access more crypto-related content, make sure to subscribe to his YouTube channel. Jacob also manages a Discord server boasting 16,000 members, where users can obtain trading tips and stay informed about upcoming crypto presales.

Wall Street Memes (WSM)

Wall Street Memes, a prominent player in the NFT industry with a substantial following on social media platforms like Twitter and Instagram, has entered the thriving ‘shitcoin’ market of 2023 with the release of its own cryptocurrency called WSM. The project, backed by a dedicated community, aims to expand its influence into the crypto space.

The WSM presale, which launched on May 26, has already garnered significant attention and excitement, raising approximately $15.1 million in a short period. The community-driven platforms have shown promising results in the past, offering some encouragement.

Wall Street Memes, deeply rooted in online meme culture, seeks to establish WSM as a dominant player in the ‘shitcoin’ market. The project’s commitment to staying up-to-date with new developments, such as Bitcoin Ordinal NFTs, demonstrates its adaptability.

Notably, Wall Street Memes’ inaugural Ethereum NFT collection, Wall Street Bulls, sold out within 30 minutes in 2021, underscoring its potential. Influencers, including Elon Musk, have taken notice of Wall Street Memes’ online presence and have engaged with their content multiple times.

Given the brand’s positive reputation among its audience, it is likely that WSM will soon be listed on significant exchanges like Binance or Coinbase. The total supply of WSM tokens is 2 billion, with 50% planned for distribution during the presale and the remaining 25% allocated as community rewards and exchange liquidity.

This community-centered approach, notable for its absence of team allocation, addresses past issues related to excessive token supply resulting from a large number of tokens held by the team. See our guide on how to buy WSM token here.

Thug Life (THUG)

THUG, the native token of Thug Life, is the latest ‘shitcoin’ gaining significant traction. This crypto aims to foster a sense of togetherness among community members while enabling them to achieve financial gains. Thug Life revolves around embracing humor, laughter, and recovering from losses experienced in the crypto markets.

It welcomes individuals affected by various scams endorsed by celebrities. Thug Life accommodates everyone’s experiences. Although the platform lacks genuine utility, its primary objective is to establish the next viral ‘shitcoin’. Out of the total token supply of 4.2 billion, 15% has been reserved for marketing purposes.

Whaddup y’all it’s ya boi
Hope you are enjoying your weekend because next week it’s about to be on and poppin for real for $Thug
🕶️ Presale sold out 🕶️
🕶️ Dex launch coming 🕶️
If you haven’t found your love for the streets yet check it on our website 🕶️#ThugLifeCoin pic.twitter.com/5wX1QcLtan
— Thug Life Token (@thug_life_token) July 16, 2023

This allocation will aid Thug Life in spreading awareness and positioning THUG as a highly trending token. Moreover, 70% of the token supply has been designated for the presale, with a fixed price for all participants. This unique decision ensures that everyone has an opportunity to join the presale at an affordable price.

The remaining 15% of the token supply will be used for community rewards after the launch of the decentralized exchange (DEX). These rewards will include giveaways and engagement campaigns through airdrops. At the time of writing, the THUG presale has already sold out and is preparing for the DEX launch.