We already know that in the world of cryptocurrency we have valuable projects and platforms and at the same time as if existing in the parallel but intertwined universe are the shitcoins and there are many of them in the market today and more can be coming up soon. A shitcoin refers to a worthless project using cryptocurrency platform that is put up just for the sake of making money and nothing more. Of course, there are many types and forms of a shitcoin...and sometime determining one can be difficult that's why many innocent investors get victimized and can be victimized with their hard-earned money.
Aside from the usual reading of the WhitePaper and the scrutiny of the team behind if they are real or not...what other things do you use to see if one project has the potential to just be another shitcoin?
I do look on the popularity of the project to determine which coin would be profitable once relwased on different exchangers. If a coin is not that popular during its crowdsale period there is a huge probability in my opinion that it would have a lower market value than its ICO price resulting to profit loss. But since the market at this moment is on continuous downfall, majority of coins are considered as deadcoin upon the listing in the market.