This is a brief question checklist that I use when researching new crypto coins. It will help you figure out what might be a scam and what could possibly be a good investment. This is not financial advice. I made a video for this too: https://youtu.be/we3qLv_T2RY

1. Researching Micro-Cap / New Crypto Coins
None of this is financial advice. It is for entertainment and information
only. Do your own research before investing.
(created by "Coins Explained" Youtube channel)
https://www.youtube.com/channel/UCWjovMjPlvujXqZnKCx3XEA
Crypto millionaires always suggest we focus on one niche or the
coins that are being built on one blockchain. Here are some
examples:
● Chains: Polkadot, XRPL, Ethereum, etc.
● DeFi, DEXs, NFTs, medical coins, supply coins, etc.
When you are plugged in to the Discords, Telegrams, Twitter and
forums for a specific blockchain or crypto use case, you will see the
brand new projects coming up and be able to see which ones are the
most promising, then invest from there. Be consistent with study
every day.
Another tactic is to investigate and hold established coins that
are spawning airdrops, give staking / interest rewards and other
options (such as Bitrue, BTR).
Checklist / Questions for Each Micro Coin:
If you are serious about vetting a cryptocurrency, you must
answer these questions and be thorough about your research. The
price swings in crypto are extreme and you can get wrecked quickly!
What problem does this coin solve?
Is it an obvious scam? Is it pure hype on social media?
Is its website garbage, buggy, bad spelling, thrown together?

2. Are its wallet numbers increasing?
Does it need to exist?
What makes it unique?
Find the keywords that people are searching about this coin for further
research: KeywordTool.io
Can you get it from an airdrop by holding another coin?
What blockchain is this coin used on?
Which exchanges are trading this coin?
What are its competitors? Is it faster, cheaper, more scalable than
them?
List the top team members and their brief bio / histories from LinkedIn
or their website:
Find their Twitter, Telegram or Discord or private forum and read about
their tech and investors.
Read about their news and social reviews. Are they in trouble? Do
lots of people think it's a scam? Is it being hyped on social / obviously
paid marketing hype?
Read the news about their investors and venture capitalists. This is
vital to see if they have early money flow coming in from serious
places.
Coins Explained - Youtube channel