After getting rugged (twice), I’ve started developing my own personal checklist to spot red flags in new altcoin projects. Here are a few I now take seriously:
Team not doxxed: If there’s no face, it’s a risk.
No GitHub activity: A “project” with no code is a meme, not a coin.
90%+ tokens held by insiders or devs: Obvious exit trap.
Whitepaper is vague or just buzzwords.
No clear revenue model: If it doesn’t generate value, it won’t last.
Just wanted to throw this out there for discussion: What are some of your “dealbreaker” red flags when it comes to altcoins?
About doxxed team I don't accept the fact, even biggest meme coins in this space have no doxxed team and they have withstand the test of time, from doge down to Pepe and even those bonk and shiba, none of them have doxxed team.
Many new projects have generated good amount of money and they still failed, even those that the likes of Binance Labs and Coinbase helped funded, they failed and exit the market.
I like hunting for new gems like they called it and I've seen this happened to me few times already, there are coins I bought with $200 that are now $40, I am not saying they won't recover but the chances are very slim.
This is unfortunately the price we pay when looking for the next big thing, and this is why I don't advice newbies to invest in new projects, they are too risky compared to Solana, Hbar and many top altcoins.