## Things to Know About Trash Coins in the Crypto Market
Trash coins refer to tokens with minimal value, completely contrasting with Bitcoin or leading cryptocurrencies. To own Bitcoin, you need about 52,000 USD or more, but with trash coins, just a few cents can get you dozens or even hundreds of units.
### Why are trash coins attractive to many investors?
**Low Barrier to Entry**
The extremely low price is the main reason trash coins easily attract new investors. Instead of accumulating little by little to buy a Bitcoin, you can buy a bunch of tokens with a small amount of money.
**The Dream of Getting Rich Quickly**
Stories of people "becoming crypto billionaires" by early investments in these coins are widely circulated. Meme coin projects, once listed on major exchanges, trigger FOMO (fear of missing out) in the community.
**Short-term Trading Opportunities**
Due to high volatility, trash coins create short-term opportunities for technical traders.
### Practical Risks You Need to Consider
**Growth Challenges**
Unlike platform-based tokens, trash coins find it very difficult to achieve sustainable breakthrough growth. Many projects will remain at their initial price forever.
**Whales and Liquidity Issues**
These projects often become tools for whales to accumulate and dump, causing small investors to suffer losses.
**Lack of Long-term Strategy**
Most trash coins lack a clear development roadmap, supporting technology, or real use cases. Some are even scam projects (scam) designed to scam investors out of their money.
**Dependence on Major Exchanges**
In reality, trash coins only see significant price increases when listed on top trading platforms, which does not always happen.
In summary, trash coins can offer opportunities but also carry extremely high risks. Investors need to be cautious and fully understand the risks before committing capital to these projects.
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## Things to Know About Trash Coins in the Crypto Market
Trash coins refer to tokens with minimal value, completely contrasting with Bitcoin or leading cryptocurrencies. To own Bitcoin, you need about 52,000 USD or more, but with trash coins, just a few cents can get you dozens or even hundreds of units.
### Why are trash coins attractive to many investors?
**Low Barrier to Entry**
The extremely low price is the main reason trash coins easily attract new investors. Instead of accumulating little by little to buy a Bitcoin, you can buy a bunch of tokens with a small amount of money.
**The Dream of Getting Rich Quickly**
Stories of people "becoming crypto billionaires" by early investments in these coins are widely circulated. Meme coin projects, once listed on major exchanges, trigger FOMO (fear of missing out) in the community.
**Short-term Trading Opportunities**
Due to high volatility, trash coins create short-term opportunities for technical traders.
### Practical Risks You Need to Consider
**Growth Challenges**
Unlike platform-based tokens, trash coins find it very difficult to achieve sustainable breakthrough growth. Many projects will remain at their initial price forever.
**Whales and Liquidity Issues**
These projects often become tools for whales to accumulate and dump, causing small investors to suffer losses.
**Lack of Long-term Strategy**
Most trash coins lack a clear development roadmap, supporting technology, or real use cases. Some are even scam projects (scam) designed to scam investors out of their money.
**Dependence on Major Exchanges**
In reality, trash coins only see significant price increases when listed on top trading platforms, which does not always happen.
In summary, trash coins can offer opportunities but also carry extremely high risks. Investors need to be cautious and fully understand the risks before committing capital to these projects.