Define first what a "good" coin is. Is it one that you think will pump eve though it is essentially worthless, but it makes you rich and therefore it is good? Or is a good coin one that stands out in terms of its functionality but still doesn't perform as good as it is supposed to be compared to other coins?
Which coin can make me rich is a good coin, haha, even though i don't like those meme coins，but if one of them can make me rich then obviously it is a good coin at least for me.
This leads to a type of adverse selection because if only projects get funded that get pumped but don't build anything of quality, you actually harm yourself in the long run. That is one problem in this industry that some of the very good ideas remain without funds or underfunded.