There is no need to be concerned. If we don't do our homework, we'll almost certainly fall for the scam. If we rightly want to invest in the new projects featured on Coinmarketcap and Coingecko, we must create a watch list and investigate them. Many NFT or Metaverse projects, such as ENGN,Aragon,Meebits and Cool Cats, are in my watch list.
You are right. When new trends are created in the market, lots of new projects come in the market and most of them aim to get out of the market with the money of the investors. There is a lot of hype about metaverse in the market now and its effects are being seen in the market, on the other hand many projects are trying to be successful by using this hype. So an investor must be very careful before investing in any kind of project, and the ability to do project research in the right way.