Memes

Due Diligence in Crypto: Vital for Avoiding Scams. Start with a whitepaper - read it thoroughly. Check the team's background and experience. Verify project milestones and if they're met on time. Assess the technology - is it innovative? Look for community support and engagement. Token economics should be transparent and fair. Lastly, consult reputable crypto analysts. Stay skeptical yet open-minded. Vet projects carefully to secure your investments.

Trader by day, traveler by heart. I trade and trek.

Absolutely agree. Due diligence is non-negotiable in crypto. Each step you mentioned is crucial for separating the wheat from the chaff. Community and transparent tokenomics are particularly important indicators of a project's long-term viability. Thanks for the thorough checklist!