It’s good that you are cautious and advising others to be cautious as well. It’s important to understand the reason behind prices moving up and analyze the benefits and demerits of the project before investing.
Well, if it rises due to some hypes and manipulations, you'll gonna be staying away from that project because the next thing that will happen is an abrupt dump. But if it rises because it really has the potential and has a use case, that something will tell us that the future of this project is bright. However, when talking about new projects, we really have to take extra caution because the majority are scams. Many projects have only had a good start but in the later part, it dump slowly until it was gone totally.
unfortunately though manipulation towards the price was very rampant especially with those altcoins at initial stage where their market capitalisation was still relatively low.
it just means that it more vulnerable towards the manipulation that might be pulled of from under the hood.
I just think only at early stage through platform like binance where they have reviewed their project gonna be better than speculating on some random projects out there.
its just a lot more safer since you know you won't get rugpulled or scammed.
the good thing about binance is they won't list a project if they know it is crap in the first place.