I always check coinmarketcap.com every day and all trending projects.
Among trading projects, there are a lot of dogs meme coins. They raise a lot because dogs meme was a trend of 2021.
But maybe in 2022 the trend will become a cats meme coins likes this https://twitter.com/angrykittytoken/status/1479171278171000833
Everybody like cats and they are more popular in internet then dogs
Bitcoin is overvalued that is why people are looking for new and prospective projects for investment. The opportunity to invest money on the seed stages of investment or presale attracts a lot of people to the cryptocurrency industry. Everybody want to earn more money from investment.
Everybody wants to earn more money on cryptocurrency. Investment in new companies allows to earn more money if evaluate a new and prospective project on seed stage or presale.
That is why there is a demand in new projects and a lot of new projects appear every day.
Because there is demand in new projects there are a lot of scams too.
It is very important to evaluate all new projects that appear on the market.