from the last 3 months i have seen 99% meme coins on solana and all of them turned out to be a scam or the best projects have been missed how to check weather a meme coin is a solid or not because what i found a good project but when its launched it turned out to be a scam how to identify the projects with the scam and recently i found a project called school of meme they said we are here to educate other meme coins lol but the positive sign is they bot and game is live so what you think a school of meme is quite a good project or it also going to be a scam one.
Web:
https://schoolofmeme.fun/I had a view at the site and twitter handle and thought it could be a good investment. I went to pinksale, it was my first time using it. It didn't had an option for solflare wallet where I keep my Solana and found out they do have Phantom. Got the wallet to phantom using the mnemonic phrase. I tried to invest on it through some Solana and it showed a message xxx SOME has been bought but it also shows that Current Raised is 25068%. What does it mean. Does that mean that it's overbought so that people would receive lower tokens than they asked for? or they are going to stop when the pre-sale tokens run out?