I typically store my assets in a hardware wallet, a cold wallet... I really don't feel secure leaving my assets on centralized exchanges, especially after the FTX incident. Web3 wallets are also vulnerable, especially if you're actively trading; it's possible that your assets could be at risk in the event of a hack. However, those who frequently trade tend to stick with familiar platforms and exercise caution when dealing with new ones.

The project is succeeding in building their community. I can't predict how much its price will grow, but it's certain that it will grow due to the strong community. However, there's also the possibility that it's just a meme coin and nothing more.

Highlighting the potential risks associated with smaller market cap coins provides valuable insight

Laundering one billion dollars through cryptocurrencies, perhaps this is the largest case I've known of up until now.