Many times, new coins appear to have high short-term hype, but in reality, they lack a fundamental basis.
New coins seem to have decent technology, impressive marketing, and low market capitalization.
But, they simply lack fundamentals. This is a mistake I made before.
Looking at ADA, you can see that there are reasons for the high price of older coins; ADA's trading volume in Japan is greater than that of Ethereum.
This is the fundamental basis.
https://chainalert.me/view/research/fa73de