99% of new coins are huge bottomless pits!
They just want to cash out at a high price after listing and have no intention of doing long-term projects.
90% of newly listed coins quickly fall below the issuance price.
Even if there are coins that soar, the purpose is to trap short sellers, not to let retail investors make money.
The essence of the market is the mutual game between retail investors and big players; you want to earn their money, but they want to earn your money even more.
It's still the same; retail investors are at an absolute disadvantage!