I want to invest in a promising project called Yearnlab. Their token sale starts on 7th Dec and I think this is a good opportunity to successfully invest money.
What is your thoughts before deciding to invest on that particular project? If it just "looks" good" then it's just baseless opinion and you should be careful of that.
Hype itself says nothing about the investment viability of a project and in some cases, might be a big red flag. Especially with meme coins.
True, there were so many hype coins lately such as SQUID coin, SHIBA etc and they ended up the same when the hype is over. You shouldn't take the project seriously when the coin is just following viral things.