Similarity: both do not have clear projects, are not secure, do not bring innovations, both have the same birthplace.
Shitcoin: created to artificially generate profit, mainly for a small group that boosts shitcoin through influencers, tiktok, twitter, telegram, discord, etc. and makes a few thousand people lose money while they make a lot of money. This has no popular appeal, has a generic name, works by pump/dump and can break you at any time.
Examples: any generic garbage recently added on CMC/Coingecko
Memecoin: it has popular appeal, thousands (or millions) of holders, has its name mentioned in the mainstream media... your neighbor has seen this crypto meme on facebook and possibly Elon and other popstars are mentioning it.
Examples: DOGE and possibly SAFEMOON (+1M Holders), Shiba Inu
Now the question remains whether #SHIB, #SAFEMOON and other shitcoins will also become memecoins.
What do you think about this?
Shitcoin: created to artificially generate profit, mainly for a small group that boosts shitcoin through influencers, tiktok, twitter, telegram, discord, etc. and makes a few thousand people lose money while they make a lot of money. This has no popular appeal, has a generic name, works by pump/dump and can break you at any time.
Examples: any generic garbage recently added on CMC/Coingecko
Memecoin: it has popular appeal, thousands (or millions) of holders, has its name mentioned in the mainstream media... your neighbor has seen this crypto meme on facebook and possibly Elon and other popstars are mentioning it.
Examples: DOGE and possibly SAFEMOON (+1M Holders), Shiba Inu
Diference: When something, no matter how useless it is (at first) becomes popular, appears in the mainstream media, and has millions of holders, it becomes useful and slowly begins to have real utility and be taken seriously.

For this reason, I do not believe that DOGE will one day go back to being worth $0.05 // $0.10 or something like that, the trend is to keep going up and being taken seriously by reputable companies and institutions.
Now the question remains whether #SHIB, #SAFEMOON and other shitcoins will also become memecoins.
What do you think about this?