My friend informed me that at this time many upcoming project social account like twitter, telegram is verified.
Does that mean these projects can be trusted?
In fact many are encouraged to invest in any new project following this.
What is your opinion on this matter?
There is an iota of truth in what you said but that should not be the only criteria to know a good project. This is because with Elon Musk twitter, small bucks can buy you blue tick and also it is not difficult to buy fake followers to push the project.
What you should look up to is the dedication of the team behind the project, the project road map and the vision of the project. But some persons doesn't have the ability to make this research, they rather stick with king bitcoin and some top altcoins.