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.
To define a good project and can develop in the long term is difficult at present. the correct prediction rate cannot be higher than 50%, it is true.
but if you still want to take risk then I can introduce you to some potential projects like Kira Network and Folder Protocol. I have had confidence in them because both projects are actively expanding communities in many countries and their protocols are one level higher than the current new projects.
Besides, Folder Protocol can fix the problem of current Filecoin and it is considered as Big Gem in some big communities in Vietnam. So this is a good opportunity for you to invest in long-term in these projects. The important thing is to consult the project carefully before investing, I only give advice based on my experience.