Apparently some people doesn’t know how to find new coins. Here’s a detailed guide on how to find actual innovative projects.

Yesterday, one of the top posts was of a guy supposedly "Preserving wealth by looking at the 10th page of CoinGecko". The post turned out to be fake, but the post still got over 5k upvotes before getting exposed, if it wasn't exposed you would probably actually believe that's how you find new coins.

If you look at the 10th page of CoinGecko, You'll find is a load of obvious shitcoins dumping since 2017. These coins have absolutely no use or potential. The odds of finding a good coin there are very low.

I'll teach you how to actually find new coins that have potential:

1. Go to BitcoinTalk Altcoin announcments sorted by new, this is where every new coin will advertise before it even gets listed on an exchange or CoinGecko. You can even find original Ethereum, Monero, Dogecoin or even Litecoin posts there.
2. Look at the "Replies" and "Views" columns. Most of the posts there are spam and the users have already filtered them for you. If there are a lot of Replies and Views, more people are interested in the coin.
3. If the name makes it sound like it's a shitcoin – it probably is a shitcoin.
4. If the title includes "POW" or a PoW algorithm name, ignore it. These coins are useless and have no potential in today's markets. If it's specified as Proof of Work in the description it's ok, as long as it introduces something innovative, not connected to Proof of Work
5. If the title, description or whitepaper contains emotes and unnecessary images, it's not an announcement – it's an ad.
6. If it's anything related to DeFi (i.e. a token), NFTs, DAOs or specific industry like "tourism", it's probably a shitcoin and you shouldn't waste more of your time on it. If it's a Layer 1 platform then it can of course support DeFi and NFTs.
7. If it's a fork, think about it from the perspective of the original coin – would it be worth it to move to the fork? Is it significantly better? If it only reduces block time by one minute or changes the PoW algorithm than no – it's not worth it. This also includes plain PoW and PoS coins that bring nothing new except of minor performance improvements.
8. If the coin focuses around "tokenomics" and "premine" it's usually because it has nothing more to offer. You should look for coins that have as small as possible premine or developer fund. If it has stuff like private sale, airdrops, giveways – stay away from it.
9. Check for the source code. If there's no source code, it's a scam.
10. If the coin promises some huge rewards and it's the main selling point, you're going to be the one providing the rewards (you're going to get scammed in simpler words)
11. Check if the coin's main innovation has been done before. If there's already an established cryptocurrency with the same innovation, buy that one instead (unless it failed, than don't buy neither of them)
12. Even if the coin has 5 seconds block time, $0.0001 fees and smart contracts and is the fastest blockchain of all, it doesn't mean it's going to get adopted. The infrastructure is already all done on the popular chains, there has to be actuall innovation that would make people switch over.
13. Read the whitepaper, it should be all black and white (literally) and serious.
14. Remember that a cool website doesn't make a good coin.

Don't expect to find new coins immedately, check the list once a few weeks and if a new coin announces, you will know about it early. You're not going to get rich quick.

Tip: Some examples of good innovations are: DAG, feeless, privacy (RingCT not zkSNARKS), quantum-resistance, instant transactions, sustainable small ledger size, atomic swaps, cross-blockchain interoperability, algorithmic stablecoins, tokenized stocks, decentralized bridge.