It would be funny if Fedimint provides yet another avenue for shitcoinery. My prediction is that Fedimint software will be used to make at least one shitcoin that is backed by a basket of the top 10 cryptocurrencies. It will be sold as a fully-anonymous stablecoin.

And then the markets will dump even harder and all shitcoin founders will rugpull at the same time. Or, just as likely, the Fedimint-based shitcoin founders will rugpull.