Seeking tips to identify valuable new cryptocurrencies

Hi, Etherium community!

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My co-worker recently invested in a new crypto called MilkAI and suggested that I do the same. However, before investing my hard-earned money, I want to do some research and gather some opinions from the community.

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So, what factors should I consider before investing in any new cryptocurrency? Are there any tips or checklists that you could share to help me identify valuable new coins to invest in?

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I appreciate any insights or advice you can provide. Thank you in advance!