On May 26, 2025, $SHITCOIN (token contract address: F4EoRbP7x7RNkKELcmv2y9Ym6mRHUzYtqgeR8p8fpump) quickly rose to the second place in Dexscreener's top ten trending projects, driven by strong community support and a short-term speculative frenzy, only behind $INTROVERT.

$SHITCOIN's Amazing Performance: From Obscurity to Market Value Surge

According to information released by @CryptoMiners_Co on May 26, $SHITCOIN ranked second on the Dexscreener trending list, demonstrating its high popularity in the meme coin market. Dexscreener data shows that $SHITCOIN's trading volume reached as high as $5.7 million in the past 24 hours, with its price soaring by 1125% at one point, and its market value rapidly climbing from $245,000 to $2.38 million, an increase of 97 times (@chinapumprocket, May 26). This explosive growth has attracted widespread attention in the market, with many investors comparing it to the early rise of $DOGE, while others question whether it is merely a short-term hype of an "exit pump" (@1tailonecrypto, May 26).

Meanwhile, @fourtislisting announced on May 26 that $SHITCOIN was quickly listed on the Fourtis platform, with a listing price of $0.001399 and a market value of approximately $1.399 million. This price shows a significant increase compared to the current market price of $0.00200706 (@paidaxing5, May 26). The rapid listing on the Fourtis platform further provided exposure opportunities for $SHITCOIN, with its community narrative "Sell Me This Shitcoin," humorously packaged with references to "The Wolf of Wall Street," successfully attracting a large number of retail investors and meme coin enthusiasts (@yiyun_dan1, May 26).

Community-Driven and Narrative Marketing: The Success Formula of $SHITCOIN

The rise of $SHITCOIN is inseparable from its strong community drive. According to a post by @lho1160009 on May 26, the narrative of $SHITCOIN combines the sales culture of "The Wolf of Wall Street" with the controversial meme label of "shitcoin," creating a unique brand appeal. The community's activity is particularly prominent on social media, with several Chinese crypto bloggers such as @aqqqq88, @yiyun_dan1, and @GnatykA posting about its potential, claiming it has "huge market value potential" (@x3dotpro, May 26). Additionally, the low-cost issuance mechanism of $SHITCOIN on the Solana chain further lowers the participation threshold, attracting a large number of speculators.

Dexscreener's "Moonshot" feature has also contributed to the popularity of $SHITCOIN. According to Altcoin Buzz, Moonshot dynamically raises the token price based on the amount invested by investors through a bonding curve mechanism. Once the market value reaches 500 SOL (approximately $85,000), liquidity will automatically migrate to well-known decentralized exchanges like Raydium. This mechanism not only provides high return potential for early investors but also creates the possibility of short-term surges for emerging meme coins like $SHITCOIN. However, @BitScout warned on May 26 that although some "whales" (early large investors) still hold the tokens, the market is highly volatile, and investors are advised to "take profits when they can."

Market Risks and Controversies: The Double-Edged Sword of Meme Coin Frenzy

Despite $SHITCOIN's impressive short-term performance, the inherent risks of the meme coin market cannot be ignored. The Dexscreener platform has faced controversy in recent years due to its promotional mechanisms, with Coinbase's product business head Conor Grogan criticizing it for "prioritizing the promotion of paid scam projects" in early 2025. Although $SHITCOIN is not explicitly classified as a "scam token," its rapid rise may hide high-risk pump-and-dump behaviors. @lho1160009 also warned in a post that $SHITCOIN may face selling pressure from large holders, as seen in the case of the GBEAR token, which often experiences severe corrections after short-term surges.

Furthermore, the long-term value of $SHITCOIN remains in doubt. As a community token driven by memes, it lacks clear technological innovation or application scenarios, relying more on market sentiment and speculative hype. Dexscreener data shows that $SHITCOIN's liquidity pool is relatively small (approximately $266,000, @yiyun_dan1), and once market enthusiasm wanes or large holders exit, it may lead to significant price volatility. Investors need to remain highly vigilant and manage risks effectively.

Future Outlook: Can $SHITCOIN Become the Next $DOGE?

The rise of $SHITCOIN undoubtedly injects a shot of adrenaline into the meme coin market, with its community narrative and short-term surges attracting significant attention. However, the success of meme coins often relies on sustained community activity and the continuation of market sentiment. @BitScout predicts that $SHITCOIN's market value may aim for $5 million to $10 million, but whether it can achieve this remains to be seen, depending on community building and market performance. In contrast, the success of $DOGE benefited from long-term brand accumulation and celebrity endorsements. If $SHITCOIN wants to replicate its path, it needs to make further efforts in community management and transparency.

This article represents the author's personal views and does not reflect the stance or views of this platform. This article is for informational sharing only and does not constitute any investment advice to anyone.

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