I’m fairly new to the crypto trading/buying realm. But what I’ve noticed is that lots of coins for a STUPID low price which are just trash. How DOGE is worth anything over $0.15 is beyond me. Either way, I purchased ~100m SHIB when it was somewhat lower, bout 3x on average what I put in (unrealized gains) but, with the amount in circulation (which I did not know until after the purchase) it’s quite clear that SHIB is unlikely to moon.
I don't know why people still think that they interpret the "low price" in literal meaning. So, there is no way you would invest on ETH based on that analogy because the price is quite "expensive" to buy and hold. That's pretty much on your end that you believe memecoins can keep at the top for a long time. That's not how that works.
So what I’m getting at is, what is a stupid cheap yet promising asset I could look into. How do I find these new ICO’s or underperforming assets? When I see on Crypto com an asset that went up 60% in their gainers charts, I just wonder where these people getting their info to get in before hand and what moves the price.
By the time we mention X asset, the market is already different so there is no use for that. Look at Coinmarketcap and look at the news regarding the assets you are really interested. Based on the news itself on social medias, crypto news, etc then you can determine if those assets are going to change or not.