There are a number of red flags in crypto which should help you determine which crypto to avoid. Here are some red flags that could help keep you or others safe when choosing a crypto to invest in:
It is using a popular crypto's name while not actually being associated with it.
Celebrities/influencers that have no connection/knowledge of crypto are advertising it.
It's copying the name of a previous meme-coin.
It doesn't have a whitepaper
It doesn't have a social media page, If it does, is it very small/unprofessional.
No website/website lacks information on the crypto.
The entire premise of the coin is to be a money maker. (invest to moon)
"It has huge, vague claims like decentralizing the internet."
"No real present (or future) application made clear, even if it's a new area/proposal."
"If it sounds too good to be true, it probably is." Added by
"You only make money or 'bounties' when you get friends to invest, or you get a percentage of whatever they invest."