I think grouping tokens based on the niche they belong can answer the question "what coin should I trade at the particular moment in time" as it helps to filter the noise and know where the entire market is focusing on.
fortunately coingecko and coinmarket cap has this list and it's always a good place to give me hint on what crypto should i trade at the time being.

just looking at market cap change and price change for the last 7 days enough to give me insight on what's the altcoin that has bigger chance to have higher volatility and also higher chance of pumping.
but I personally always prefer to ride the hypes, trying to find hidden gem before it's showing its real worth.
If you would really be liking to stick into those old and established coins then you would really be putting up that focus into those top ranking coins or into those huge or big caps but if you would really be having some plans on trying out to get those huge returns or having those huge multipliers then your main choice or step you would really be making is to deal up with those gems or to those coins or projects that hasnt been pumped out yet. Yes, it would really be that possible or something that could really be attained but you should really be making yourself that having that kind of awareness about on the risks involved into it.
We do know that dealing up with new projects does have that high very chance on getting rugged or being a scam one. On the time or moment that you do hit up the right spot then it will really be giving out that
kind of chance that you would be able to make huge profits.
Also i do agree into the sentiment that i would really be rather be going with the hype rather than utility specially for short term. Example on this one is on dealing up with meme coins.
I do really love to hover myself into this place on which if you do really know on how to make that control and moderation then you could really be able to make money
but of course the risks is very high.