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- A new video on Twitter shows how to create a Shitcoin in under 30 seconds, even without programming skills.
- The popularity of Memecoins has been growing rapidly, and now users can create their own tokens using a program called Contracts Wizard.
How to create a Shitcoin in under 30 seconds
The popularity of Memecoins has reached new heights after the success of PEPE. New Kryptowährungen such as WOJAK, GENSLER, BOB, or TURBO have been popping up as jokes or scams. One might think that it takes some level of programming skills to create such tokens, but a new video on Twitter is proving that wrong.
The video demonstrates how to create a Shitcoin in under 30 seconds, and it has gone viral, inspiring many to try the same. The user whitelights.eth claims to have created a token called “EASY_MONEY” in just 27 seconds. To do this, the user used a special program called Contracts Wizard from Open-Zeppelin, a Krypto-Sicherheitsfirma.
After entering some short details, the program generates the appropriate code that can be put on various Blockchains using a suitable compiler.
Some users have taken the video as a challenge and started a “Shitcoin-Speedrun.” One user named “diid” has claimed to have created a token in just 22.45 seconds, setting a new speed run record.
The Risks of Investing in the Cryptocurrency Market
It’s worth noting that the cryptocurrency market is highly volatile and risky. Therefore, investing in Shitcoins or any other cryptocurrency should be done with caution. Investors must take the necessary precautions before investing to avoid losing money, as what happened to a PEPE investor who recently lost half a million dollars.
Therefore, investing in the Shitcoin market can be fun, but investors must be aware of the risks involved. They should research the token and its creator before investing and avoid investing more than they can afford to lose. As the market is highly unpredictable, investors should be ready to take losses if things do not go as planned.
In conclusion, while it’s tempting to create a Shitcoin using the Contracts Wizard program, investors should be aware of the risks before investing. However, if done carefully, investing in Shitcoins can be a fun and exciting way to participate in the cryptocurrency market.