As long as there are many old coins with great potential, I think you don't need to do a big efforts in analyzing new projects. There are too many scams and failed projects if we want to consider new projects. For me, it is like gambling to join new projects now. It is no longer as easy as in the past to get potential new projects.
That's absolutely true.
I would argue that 99% of new projects, especially meme coins, are pump-and-dump schemes. Even coins with technology behind them or a limited supply might seem attractive projects, but they will disappoint investors in the end iif they fail to achieve what they promise or become scams. Gambling with hard-earnd capital is something that many investors cannot bear. Anyone who wants to take the risk should consider the possibility of loss before thinking of profit, as the possibility of making millions from a small investment isn't realistic or easy with these high-risk new projects; it might just be a rare stroke of luck. Even the older projects in the market require perfect capital compared to their prices. We need to talk logically and not be driven by greed.
Yeah, people should always take trading and investing responsibly. Memes are there and they will not end, but your funds from gambling on them - for sure.
Capital should be spent only on coins and projects that are not as risky as gambling your opportunities away.