LONDON — This November, a new buzz has emerged as astute investors are diverting their attention to an unexpected sector: Christmas shitcoins.

These speculative digital assets, themed around the holiday season, are gaining traction, and the smartest investors are positioning themselves ahead of what could be a significant December pump fueled by Christmas memes.

These "Christmas shitcoins" typically bear names and themes related to Santa Claus, reindeer, snowmen, and other festive symbols.

Some shitcoins are already seeing massive gains. “HappyBirthdayJesus,” “RudolphWuzHigh420,” and “Mr. Hanky’s Stanky Panky” are all up over 1200% over the past three days.

Historically, December has witnessed a surge in enthusiasm and engagement with Christmas-related content across various online platforms.

Memes have proven to be a driving force behind the viral adoption of certain tokens and so savvy investors are closely monitoring social media trends, identifying specific Christmas memes gaining traction, and associating them with corresponding Christmas shitcoins. By doing so, they aim to ride the wave of meme-driven hype and capitalize on the resulting surge in the token's value.

While these investments might seem speculative and driven by sentiment, the sharpest investors are conducting thorough research before diving in. They are assessing the credibility of the projects behind these Christmas shitcoins, examining the development teams, underlying technology, and potential use cases beyond the seasonal hype.

“This the second most obvious trade of the year,” one shrewd speculator said. “Christmas is the new Barbenheimer.”

Bitcoin is down 3% on the news.

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