on binance, shitcoins are slowly being delisted from the exchange, there have been lots of them,
and of course that makes us anxious when holding coins on binance, especially now old projects become a shitcoin.
I can imagine the turmoil that investors in various NFT tokens, GameFi, memcoins, and fan tokens have experienced. This is a special category of shitty coins that will fall with any market turmoil.
I've been watching this group of tokens for the past six months and noticed that they were most preferred by various newbies who didn't know where to put their $500-1000. Most of them probably sold their crappy investments at a loss. Hopefully this will be a good lesson for them and they'll start to have a better attitude about what projects are worth investing their money in.