Is it just me, or have these new projects been launching at low prices, even though they feature all the aspects of Web3? Despite incorporating trending topics like Web3, NFTs, staking, and AI, unlike the last bull run, new projects with good use cases often got listed at much better prices. To be honest, ALIENX’s listing and current price aren’t as appealing as I expected. But maybe it will pump hard in the future. What do you think? Should I look for ways to acquire it because I like the project, or is it a waste of time?
Because the market is saturated with coins that have all the features that you've mentioned, many coins are just copies of existing coins. For a coin to get a good price in the market and the support of the investing community, it should have a unique usecase, or it will just get ignored.
And another factor is marketing. Even if the project is that good, without proper marketing it will not reach the attention of investors. ALIENX may be that good, but without marketing and advertisement, it will not generate enough support. Take a look at those airdrops on Telegram; they have a platform to promote their project so they can easily get into the consciousness of investors.