Hey guys,
I've checked some intersting altcoins which are pretty cheap now, the projects look promising and legit but I'm still afraid that they could be another pump and dumps (there were so many of them already!). What are the signs or metrics that send alert signals about the projects and I should check deeper or not risk my money? Or is it just impossible to tell if it's another pump and dump scam project.
If you find a good and promising altcoin, I think what you should analyze is whether it has a large daily average volume. Apart from that, I think the small bid and ask difference is an indication that the altcoin price movement is not a pump and dump